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JCPenney: Procurement Sourcing Manager in Texas, US

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Procurement Sourcing Manager

JCPenney Procurement is seeking a Procurement Sourcing Manager to assist the Sourcing Sr. Manager in the strategic sourcing of marketing and corporate services to support the various business groups. In this role, you will work closely with the Marketing team to develop and execute sourcing strategies and negotiate contracts to help drive their key initiatives including Strategy and Communication, Media, Creative Advertising and Customer Engagement. You will also work with Human Resources and Finance business partners to source corporate services on an as-needed basis. You will work within Procurement to champion improved processes with lower expense and decreased risk to the business.

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Responsibilities:

Lead, develop and execute sourcing strategies for Marketing services needs
Execute a disciplined strategic sourcing process with a focus on continuous improvement in total cost, innovation, quality and service
Interface successfully with the company’s various business units and departments, including Finance, Legal, Privacy and Risk, to ensure collaborative, timely and effective approaches to sourcing events and project implementations
Negotiate preferable costs and contract terms with suppliers on behalf of internal stakeholders in the best interest of JCPenney
Identify cost reduction initiatives through data analysis and strategic collaboration with business and finance stakeholders
Implement supplier management techniques to drive increased value and foster innovation
Assess current and future market trends, and prepares price forecasts for the business
Develop supplier risk mitigation strategies
Identify and implement process improvements
Develop total cost of ownership (TCO) financial models, derive outcomes, and present results in executive summaries
Present project components to internal decision makers to facilitate positive outcomes related to procurement activities
Driving results on projects, implementing change and reporting progress to leadership
Ability to be both proactive in thought while being responsive to unforeseen situations