Principal Category Manager

Responsibilities

• Lead cross functional teams to drive successful project and category outcomes/results.
• Develop and effectively execute sourcing strategy.
• Collaborate with the business to plan and implement complex competitive sourcing events and other activities to advance category strategies.
• Develop effective negotiation strategies and negotiate commercial terms with critical suppliers to achieve objectives.
• Manage risk mitigation efforts and oversee on-going supplier performance.
• Ensure compliance with supplier safety, risk assessments, and other supplier programs.
• Perform spend and cost analysis (e.g. total cost of ownership and should cost models) and develop category strategies to achieve maximum value capture.
• Monitor industry information, external factors, and trends to ensure category strategy is leading current best practices.
• Develop and execute complex sourcing event strategies and guide others on the team.
• Lead tier I supplier relationship management efforts for multiple and the most critical suppliers focusing on improving total cost of ownership quality delivery and continuous improvement.
• Maintain awareness of supplier innovations and incorporate them into sourcing strategy.
• Establish KPIs and metrics.
• Monitor document and evaluate supplier performance.
• Lead the resolution of disputes with critical suppliers.
• Develop strategy and lead negotiations to establish contracts that support category strategies while meeting business requirements.
• Review analyze verify and negotiate contract changes or additional work orders.
• Monitor compliance across buying channel supplier and contract purchasing execution.
• Manage contractor claims to resolution.
• Ensure suppliers comply with contract terms and meet all commitments.
• Develop and communicate contract summary and implementation plans.
• Create and manage project plans to implement category strategies.
• Manage supply chain business and supplier continuous improvement efforts.
• Generate and implement new ideas/ processes.
• Mentor and provide work oversight. Minimum