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Inspira Financial Trust, LLC
Oak Brook, Illinois
(on-site)
Posted
3 days ago
Inspira Financial Trust, LLC
Oak Brook, Illinois
(on-site)
Job Type
Full-Time
Min Education
None
Salary - Type
Yearly Salary
Job Function
Accounting/Finance
Sr. Strategic Sourcing Manager (Hybrid - Oak Brook, IL)
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Sr. Strategic Sourcing Manager (Hybrid - Oak Brook, IL)
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
The Senior Strategic Sourcing Manager plays a critical leadership role within the Procurement organization, responsible for developing and executing sourcing strategies that deliver measurable value across the enterprise. This individual will partner closely with key stakeholders, including business unit leaders to align category management plans with organizational goals and performance expectations.This role will oversee high-impact sourcing initiatives, manage complex supplier relationships, and drive continuous improvement in cost, quality, service, and risk. The ideal candidate brings a strategic mindset, deep sourcing expertise, and the ability to operate effectively in a fast-paced, performance-driven environment. A strong focus on supplier performance, stakeholder engagement, and data-driven decision-making is essential to succeed in this role.
- Partner with cross-functional stakeholders to develop and execute annual category management plans that align with business objectives, incorporating elements such as spend analysis, strategic sourcing pipelines, supplier rationalization strategies, process optimization initiatives, supplier segmentation, business reviews, scorecards, and sourcing levers.
- Serve as a trusted advisor to internal stakeholders, executive leadership, and suppliers by maintaining accountability, delivering results within defined timelines, and cultivating strong, collaborative relationships.
- Lead joint initiatives with suppliers and internal partners to identify and implement cost-reduction opportunities, drive continuous improvement efforts, and proactively address high-impact supplier performance issues to support business objectives.
- Develop, implement, and continuously improve strategic sourcing and procurement strategies that enhance value, reduce risk, and drive operational efficiency across the supply base.
- Conduct detailed cost and spend analyses to uncover insights, drive data-informed sourcing decisions, and recommend strategies to reduce total cost of ownership.
- Design and optimize sourcing processes to achieve maximum efficiency and value delivery, ensuring alignment with organizational goals and industry best practices.
- Partner in the development and execution of a strategic supplier management framework for high-impact and high-dependency suppliers, considering service performance, innovation, risk mitigation, long-term value, and contractual obligations.
- Oversee the Supplier Lifecycle Management (SLM) process for a subset of strategic vendors, driving improvements in performance management, relationship development, contract governance, and risk mitigation throughout the supplier engagement lifecycle.
- Manage complex sourcing initiatives involving multifaceted supplier ecosystems, applying structured problem-solving and strategic analysis to derive optimal outcomes.
- Lead comprehensive cost modeling and contract analysis efforts to identify and execute cost-effective solutions for both existing and future supplier agreements.
- Design, develop, and facilitate training programs to enhance team knowledge and execution of procurement processes, policies, and best practices.
Typical hours for this position are 8 a.m. to 5 p.m. CT with some flexibility. 10% to 15% nationwide travel.
Job ID: 80224904
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