Procurement Manager, Sourcing - New York New York

Company: Ralph Lauren
Location: New York, New York
Posted On: 05/09/2024

Ref #: W144762 Department: Finance City: New York State/Province: New York Country: United States Pay Range: The pay range for this job is $62500 - $146000 annually; actual pay is dependent on experience and geographic location.Benefits: -Base pay is only one part of our employee value proposition, which includes a robust benefits package, above-market time off, flexible working arrangements, incentive compensation, where applicable, and varied learning opportunities. Pay Range Max 146000 Pay Range Min 62500 Company Description Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands. At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration. Position Overview Responsible for execution of strategic sourcing and category management activities for assigned Digital, Marketing & Advertising (Media, CRM, Agencies, Martech, Loyalty, Photo & Video Shoots, Modeling Agencies, Event Production), spend categories. As a part of RLC's Strategic Sourcing practice, Manager will lead in facilitating requirements gathering, conducting research and data analysis to facilitate the implementation of value creation opportunities. Manager interacts and works closely with project teams and manages day to day activities for assigned projects and initiatives. Reports to the Procurement Lead, NA Strategic Sourcing. - Experience in analysis, sourcing & procurement for the Digital, Marketing & Advertising category as well as a desire to learn are essential. - Ability to manage initiatives from inception to completion. Essential Duties & Responsibilities Develop category strategy and approach in accordance with overall strategy of Global Procurement including: Development of Category-Specific Strategies with focus on Digital, Marketing & Advertising Development of Key Stakeholder Relationships in an area with no previous Procurement involvement Aligning category strategy to stakeholder prioritization and developing category road map Prioritization, Planning of Strategic Sourcing Initiatives, then driving initiatives through to completion -Identification of Global vs Region-Specific Opportunities Management of Project Timelines Lead execution of Strategic Sourcing events in accordance with Ralph Lauren sourcing methodology including: Development of Project Baselines and Spend ProfilesDevelopment of Industry & Vendor Profiles Development of RF(x) Documents Prepare and Lead Vendor Negotiations Development and Implementation of Supply Agreements Provide support for Global Procurement initiatives as required: Spend Analytics and Assessment Procurement Performance Reporting and Savings Procurement Policy and Process ComplianceCoordination of Financial Capture of Sourcing Outcomes Supplier Relationship Management Oversight of Strategic Sourcing Analysts' day-to-day activities including: Strategic Sourcing Support Category and Vendor Management Financial Analysis and Reporting coordination to validate savings regularly Experience, Skills & Knowledge Experience in business, or a related field preferred - * 5+ years of experience in Strategic Sourcing, Project Management, Financial Analysis / Reporting, and Contract Management required - * 3+ years of Digital, Marketing & Advertising category-specific Strategic Sourcing experience required - * Experience leading RF(x) events required - experience with Workday/ Scout e-sourcing an asset - * Professional certifications are an asset (APICS, CPIM, NAPM etc.) - * - ERP knowledge preferred; SAP experience an asset - * SKILLS: - * Analytical, influencing, facilitating, team building, strategic thinking, solution oriented, process-driven, people management - * Knowledge of sourcing & procurement practices & fundamentals - * Ability to influence key stakeholders toward sustainable change even when faced with ambiguity - * Independent achiever & self-starter with commitment to superior quality and accuracy - * Strong ability to analyze and organize data - - * Ability to execute under time sensitive deadlines and work effectively dynamic environment - * Highly self-motivated with the ability to drive change in a decentralized organization - * Strong written and oral communication skills - * Advanced skills in preparing and delivering presentations required. - * Ability to travel domestically / abroad as needed - * Advanced Microsoft Office Suite--Word, Excel, PowerPoint (Project a plus)Ralph Lauren will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance laws. 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