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Huntington Bancshares Incorporated.

Sr. Sourcing Manager

Huntington Bancshares Incorporated. - Columbus, OH



Job Description
In this Senior Sourcing Manager position, you will lead and direct the sourcing category teams providing innovative and strategic sourcing strategies for indirect materials and services, including information technology and telecommunications, banking operational services and professional services. Drive efficiency and effectiveness, deliver operational excellence, reduce costs, drive business profitability and mitigate Company's risk in third party relationships associated with the purchase of goods and services. The supplier-based spend is approximately $100MM to $150MM and this individual will have contract signing authority up to $500,000. The selected individual will be responsible for the drafting, negotiation and execution of 50-100 agreements per year with an average term of 3 years. Responsibilities associated with this expenditure spend categories include: • Work with senior corporate and business segment management in developing sourcing strategies in support of the strategic priorities of the business. • Develop industry expertise in areas of expenditure responsibility and act as the point of contact with functional support units in determining current and future needs, providing advice and support regarding the best method for fulfilling those needs, and to monitoring the ongoing effectiveness of those methods. • Possess in-depth knowledge of related business industries and a solid understanding of supplier and industry economics. • Support efforts in continuous improvement sourcing approach and identify and execute performance improvement initiatives aimed at achieving year-over-year reductions in Company's direct non-interest expense. • Develop/drive sourcing strategies for each of the items or services within a spend category through vendor negotiations, process improvements, and compliance. • Contribute to Company's diversity goals through identification of qualified minority, women or veteran owned businesses and inclusion of diverse suppliers in all major requests for proposal; participate in local supplier development councils throughout Company's footprint to establish relationships with diverse suppliers. • Facilitate the end-to-end sourcing process from needs identification and strategy development through request for proposal and contract negotiation; leading the team in negotiations and overseeing the administration of contracts within assigned spend categories ensuring appropriate contractual clauses are in place to minimize Company's risk. • Monitor and manage contract renewal and expiration to ensure sufficient time for renegotiation, termination and conversion to new supplier as desired by the business unit. • Coordinate vendor relations and supplier quality assurance; performance management reviews with business segment functional authorities, developing and driving the vendor due diligence, risk assessment, mitigation and supplier quality management process across the company. • Keep abreast of best practices and take steps to ensure that Company is implementing such practices where appropriate and develop guidelines, policies and standards for the procurement of goods and services within supplier-based expense responsibility. Conduct vendor and user workshops. Develop service level agreements with internal customers. • Assist business units in the preparation of business case support for major initiatives. • Implement changes resulting from changes in sourcing strategies successfully. • Drive continuous improvement throughout the procure-to-pay process including automation of ordering, invoices and remittance. • Support internal and external audit of vendor relationships Basic Qualifications: • Bachelor's degree in business or other related field; MBA preferred. • A minimum of 6 years of experience in supply chain or equivalent industry-specific experience in spend responsibility. • A minimum of 3 years of management or equivalent team leadership experience with proved ability to coach and develop teams, motivate top performance, set stretch objectives and evaluate performance against stated goals. Other Traits and Characteristics: • Strong interpersonal skills with the ability to relate well with a broad array of individuals within and outside the company • Highly motivated self-starter and drives for results • The ability to deal well with ambiguity • Outstanding quantitative skills • Strategic thinker with strong negotiation skills • Excellent verbal and written communication skills EEO/AA Employer/Minority/Female/Disability/Veteran/Sexual Orientation/Gender IdentityTobacco-Free Hiring Practice: To demonstrate our commitment to health and wellness, Huntington will not hire any candidate who uses tobacco or any nicotine product including, but not limited to, cigarettes, cigars, pipes, smokeless tobacco, chewing tobacco, snuff or snus, nicotine gum, the nicotine patch or any other kind of nicotine replacement product (where permitted by applicable state law). Candidates applying for positions in those states will be notified of this practice during the recruitment process and, if offered a position, will be screened for cotinine (to check for use of tobacco and/or nicotine products and/or nicotine replacement therapy products) before they begin employment. If the position to which you're applying is covered by this practice, the job application will provide greater detail as to what constitutes tobacco use.Huntington does not accept solicitation from Third Party Recruiters for any position.

11 days 7 hours ago

Huntington Bancshares Incorporated.

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Sr. Sourcing Manager Huntington Bancshares Incorporated. - Columbus, OH, United States

   

Location: Columbus, OH

Company Profile:
Welcome to Huntington. Thank you for your interest in learning more about us. Founded in 1866 as The Huntington National Bank, today Huntington Bancshares Incorporated still operates from the same Columbus, Ohio founding location in the heart of the Midwest. As of January 25, 2017, Huntington Bancshares Incorporated is a $100 billion asset regional bank holding company.