Overview Who we are Imagine working in a place where continuous improvement and innovation is celebrated and rewarded; where fast-paced, high-impact teams come together to positively drive results for one of the largest & most iconic brands in the world. As the only rapidly growing retailer, you may know us as your friendly neighborhood store. You probably know our familiar name, have seen our pervasive logo, and have tried our highly sought-after products, such as SlurpeeR and Big BiteR. -Brain Freeze- is a 7-Eleven registered trademark for our 53-year old SlurpeeR and with over 83,000 stores globally (more than any other retailer or food service provider), we sell over 14 million a month. But there's a lot more to our story and much more left to be written. We are transforming our business, ensuring we are customer obsessed and digitally enabled to seamlessly link our brick and mortar stores with digital products and services. At 7-Eleven the entrepreneurial spirit is in our DNA and has been ever since our inception 90+ years ago. It's what drove us to invent the convenience industry in 1927 by envisioning how a simple ice dock could provide household staples such as milk and eggs to better serve the needs of our customers. Today we are redefining convenience and the customer experience in big ways...we are fundamentally changing our culture and we want talented, innovative, customer obsessed, and entrepreneurial people like you to come make history with us. How we lead At 7-Eleven we are guided by our Leadership Principles. Be Customer Obsessed Be Courageous with Your Point of View Challenge the Status Quo Act Like an Entrepreneur Have an -It Can Be Done- Attitude Do the Right Thing Be Accountable Each principle has a defined set of behaviors which help guide the 7-Eleven team to Serve Customers and Support Stores. About This Opportunity Responsibilities General Description This Senior Director of Strategic Sourcing plays a critical leadership role specifically supporting the IT, Digital, and Store Support functions at 7-Eleven. Working in collaboration with internal stakeholders to develop sourcing strategies, this position will lead the sourcing teams responsible for $500M+ indirect spend, targeting 8%+ savings, creating a competitive advantage by leveraging our enterprise-wide scale to ensure consistent high-quality and best value delivery. The Senior Director is responsible to develop and implement procurement best practices, develop sourcing strategies, manage contract life cycle and build supplier relationships in support of 7-Eleven's key initiatives and growth strategy. The ideal candidate will have demonstrated experience in Category Management, Strategic Sourcing, Supplier & Contract Management. Duties and Responsibilities include but are not limited to: In close collaboration with functional leaders across the organization, develop and define the multi-year Strategic Sourcing roadmap and implement sourcing strategies to meet business goals and optimize spending, identify, and minimize risk through, while generating cost savings. Work with business leaders to ensure the best portfolio of suppliers are selected for each program. Influence business stakeholders in the decision-making process considering the Total Cost of Ownership. Define and implement relevant contractual clauses. Develop supplier negotiation strategies and lead complex negotiation processes. Negotiate contractual terms and conditions in partnership with business owners inclusive of working with Legal, Finance, Accounting, Treasury and Tech teams. Perform market benchmark and spend analyses. Identify opportunities for increased competitive bidding, smarter supplier relationships and more efficient processes. Explore and evaluate sourcing options from the business' perspective to find suppliers and solutions that best meet its needs. Implement strategies to maintain competitive pricing leveraging scale and long-term agreements with suppliers to deliver the best value to the organization. Sustains competitive product pricing by negotiating win-win cost reduction agreements and strategies. Evaluate and vet new supply sources. In close collaboration with suppliers and cross functional business partners, develop the implementation strategy and help manage the implementation of new supplier services and goods. Understand the dependencies and help mitigate risks during implementation. Develops and maintains strong working relationships with strategic suppliers and key stakeholders to ensure cost, quality, service, and delivery targets are met, risk and issues are mitigated, and identify potential cost savings and process improvement opportunities. Managing Sourcing, Bidding, and Negotiation efforts of direct reports for all strategic sourcing initiatives. Lead Strategic Sourcing team members to include coaching and mentoring. Develop and lead a high-performing team including recruiting, identifying career development activities, performance management and managing a diverse and inclusive team. Continuously improve the governance, processes, and tools to help mature the Strategic Sourcing role, driving sourcing strategy development and execution to drive savings and reduce risks for SEI. Key Leadership Competencies Ability to effectively build relationships to influence stakeholders and suppliers through indirect leadership, working across varying levels of organizations at senior-to-exec management level both internally and externally. Demonstrated ability to clearly communicate strategy and tactical points and adjust communications as needed based on audience, making the complex simple to understand. Develop an understanding of company vision, strategy, and key initiatives. Achieve detailed understanding of functional area and related processes to be able to provide recommendations to leadership regarding sourcing strategies, contract language and strategic supplier capabilities weighing business objectives and value, cost and risks. Ability to solve problems by assessing the situation, leveraging data where applicable, identifying root cause and developing potential solutions. Makes well informed decisions, demonstrate initiative, exhibit autonomy to execute on organization initiatives. Be a thought leader in the sourcing field, crafting strategy, provides sound rationale, and championing change when warranted and substantiated by data. Ability to operate in environments with ambiguity and ability to create clarity. High level of agility and adaptability; ability to quickly learn details of new business challenges and identify dependencies and impacts of other key initiatives. Manage collaboration and communication with other teams, both internal and external, to ensure teams have what they need and can work efficiently. Participates in defining and influencing corporate sustainability programs together with EH&S while providing strong support for the effective execution of corporate sustainability program. Drives results and designs and implements business metrics to monitor, track, and report sourcing project progress. Qualifications Knowledge, Skills, and Experience Education: Bachelor's degree, Masters preferred Experience: 15+ years of relevant experience leading large, complex teams and/or projects Experience leading strategic sourcing / procurement in a large complex organization and knowledge of the full end-to-end P2P process and e-Sourcing preferred. Experience leading the development and management of category plans or sourcing strategies with a preference on experience in managing IT category and indirect labor / service spend. Demonstrated successful contract and agreement negotiation experience, managing the entire RFQ/RFP process, including development of negotiating plans and strategies. Strong analytical skills and process improvement viewpoint. Proficient with MS Office suite- advanced skills in MS Excel and PowerPoint. Possesses excellent interpersonal, written, and verbal communication skills and is comfortable working with multiple stakeholders at all organizational levels. #LI-DB1
