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Saks - Director - Strategic Sourcing & Procurement
Saks - Director - Strategic Sourcing & ProcurementHUDSON'S BAY SERVICES PRIVATE LIMITED • Bengaluru,India, India
Saks - Director - Strategic Sourcing & Procurement

Saks - Director - Strategic Sourcing & Procurement

HUDSON'S BAY SERVICES PRIVATE LIMITED • Bengaluru,India, India
14 days ago
Job description

Director, Strategic Sourcing & Procurement.

About the Company : Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow.

  • Its retail portfolio includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce experiences.
  • With talented colleagues focused on delivering on our strategic vision, The Art of You, Saks Global is redefining luxury shopping by offering each customer a personalized experience that is unmistakably their own.
  • By leveraging the most comprehensive luxury customer data platform in North America, cutting-edge technology, and strong partnerships with the world's most esteemed brands, Saks Global is shaping the future of luxury retail.
  • Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship properties and represents nearly 13 million square feet of prime - real estate holdings and investments in luxury markets.

About the Role : The Director, Strategic Sourcing & Procurement will lead a team that supports global procurement, collaborate with cross-functional organizations to develop and implement effective procurement strategies, and maintain competitive advantage ensuring cost efficiency, supplier performance, and risk mitigation.

This role reports to the leader of Finance, based in Bengaluru, India.

Responsibilities :

  • Leadership : Provide guidance & thought leadership across all aspects of strategic sourcing and procurement.
  • Attract, hire and develop talent to support the goals and mission of the team.
  • Operations Management : Provide strategic oversight and governance for tactical procurement operations on a global scale.
  • Strategic Stakeholder Management : Navigate, develop, and embed relationships at multiple levels within supply base and across stakeholder base.
  • Seek to understand and recognize business needs and challenges, building these into strategic plans and initiatives.
  • Localized Category & Strategy Leadership : Ensure best-in-class procurement category strategies are developed and implemented.
  • Work in close partnership with global category leaders to develop and oversee an effective strategic sourcing and supplier management program.
  • Work with the supply base on innovative approaches and partnerships.
  • Market Analysis : Stay informed about market trends, industry benchmarks, and the competitive landscape to make informed decisions and maintain a competitive advantage.
  • Continuous Improvement : Stay updated on procurement technology trends and support the implementation of procurement tools and systems that streamline processes and improve operations aligned to the strategy and direction of GSP technology and process improvement vision and roadmap.
  • Qualifications :

  • 12+ years of Strategic Sourcing and Procurement experience, including 6+ years in a leadership capacity.
  • Broad category experience, including Technology, Marketing and Retail Operations preferred.
  • Bachelor's / master's degree in finance, Business Administration, Supply Chain Management, or a related field.
  • Experience in Category Management, Contract Management, Supplier Relationship Management and Purchasing.
  • Strategic individual with exceptional stakeholder engagement, critical thinking, communication and negotiation skills.
  • Demonstrated expertise in managing and nurturing senior leadership relationships, including suppliers, clients and internal teams, to foster collaboration and ensure alignment with business objectives.
  • Strong understanding of business operations and financial principles, with the ability to assess market trends, develop budgets, and make data-driven decisions to achieve business objectives.
  • Outstanding team building and leadership skills.
  • (ref : iimjobs.com)

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