Strategic Sourcing Manager

BMO

Chicago, IL, United States
$81,400.00 - $151,800.00; not specified; health in...
Develop and implement sourcing strategies
Negotiate with suppliers
Oversee contract management
Works with stakeholders to develop and implement innovative sourcing and demand management strategies to achieve business and cost management objectives, minimize risk associated with BMO’s supplier spend, and ensure robust supplier relationships

Job Summary

  • Works with stakeholders to develop and implement innovative sourcing and demand management strategies to achieve business and cost management objectives, minimize risk associated with BMO’s supplier spend, and ensure robust supplier relationships.
  • Manages and implements sourcing strategy projects throughout their lifecycle, leveraging appropriate systems and tools to ensure accurate and up to date reporting on project progress and issues.
  • BMO offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Matching Summary

Works with stakeholders to develop and implement innovative sourcing and demand management strategies to achieve business and cost management objectives, minimize risk associated with BMO’s supplier spend, and ensure robust supplier relationships.

Salary

$81,400.00 - $151,800.00; Not specified; Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans

Skills & Requirements

Must-have

  • Develop and implement sourcing strategies
  • Negotiate with suppliers
  • Oversee contract management
  • Manage sourcing projects end-to-end
  • Conduct market assessments
  • Evaluate and select suppliers
  • Perform supplier risk assessment

Nice-to-have

  • Trusted advisor to business groups
  • Drive innovation and maximize value
  • Promote adoption of procurement standards
  • Build effective stakeholder relationships

Key Requirements

  • 5-7 years relevant experience
  • Post-secondary degree or equivalent experience
  • In-depth knowledge of direct sourcing/procurement
  • In-depth knowledge of risk and regulatory requirements
  • In-depth knowledge of Financial Services or Technology sourcing
  • In-depth knowledge of business analysis and project delivery
  • In-depth Excel and spreadsheet analysis
  • In-depth negotiation skill and ability
  • In-depth interpersonal and organizational skills
  • In-depth verbal & written communication skills
  • In-depth collaboration & team skills
  • In-depth analytical and problem solving skills
  • In-depth influence skills
  • In-depth data driven decision making

Work Rights

Not specified

Tailored Resume

Cover Letter