VP, Sourcing

Role Summary / Purpose

The Sourcing Commodity Team Leader – Software will lead a team of Sourcing Commodity professionals and be responsible for developing and executing sourcing commodity and supplier strategies for Software areas that span across sourcing. This leader will partner with the business teams and be an integral part of developing the sourcing strategy to deliver on cost reductions, supplier consolidation, supplier oversight, and manage/mitigate supplier and business risks.

This leader will need to drive a supplier strategy across Synchrony to optimize cost savings and develop strong cross functional team relationships. The Sourcing Team Leader will also be responsible for managing their own suppliers, including developing sourcing strategies, executing the sourcing process ensuring supplier compliance during on-boarding and renewal time periods and negotiating the contractual agreements of assigned suppliers.

We’re proud to offer you flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute or travel for in person engagement activities such as business or team meetings, training and culture events.

• Provide overall sourcing leadership to the Software sourcing team to ensure compliance to key processes, timely negotiation of contracts and create tracking to measure workload and through put
• Provide coaching, mentorship and development to a team of direct reports
• Develop, implement, and lead the Software supplier strategy for assigned suppliers ensuring sourcing process integrity, business protections, productivity optimization and supplier performance
• Develop and implement a commodity sourcing operating plan/growth playbook for assigned suppliers working cross functionally to ensure alignment with business strategies, goals, and objectives
• Develop and execute business sourcing strategies, this is at least a process that is executed and documented twice a year. This will include aligning with the business functions and finance representatives
• Develop and track KPI’s to ensure goals are met
• Utilize Coupa to optimize the sourcing process, including competitive sourcing and benchmarking
• Partner with the balance of the Source to Pay team to optimize purchases and processes
• Develop strategies to utilize competitive leverage across business functions and Synchrony
• Provide functional leadership for the suppliers you own and ensure a strong process to develop comprehensive supplier / buyer contractual relationships to meet the business needs and leverage professional expertise with Legal and business owners to negotiate and draft comprehensive commercial agreements
• Provide oversight of supplier compliance with regulatory and reputational requirements throughout all stages of the sourcing process
• Utilize competitive tools to leverage competition and drive cost reductions
• Perform other duties and/or special projects as assigned

• Bachelor’s degree and 10+ years of progressive leadership experience within Sourcing/Supply Chain or related function and demonstrated strength in leadership, execution, and proven cost reduction contributions
• In lieu of a degree, 14+ years of progressive leadership experience within Sourcing/Supply Chain or related function and demonstrated strength in leadership, execution, and proven cost reduction contributions
• 8+ years of experience managing processes and/or projects

• Proven strong facilitation and team leadership skills
• Outstanding written and oral communication skills at all levels of the organization
• High enthusiasm and desire to work in fast paced, ever changing environment
• Proven ability to work cross functionally and influence teams
• Proven ability to manage complex initiatives across multiple teams/platforms and work with little supervision
• Strong commercial skills and ability to interact with suppliers
• Demonstrated project management skills
• Proven quantitative and analytical skill set
• Strong PC proficiency (Microsoft Suite including: Word, Excel,…