Senior Strategic Sourcing Manager

Choice Hotels, one of the world’s largest lodging franchisors, has an exciting new opportunity as our
** Senior Strategic Sourcing Manager
** on the Strategic Sourcing Team. The Strategic Sourcing Team leads various strategic sourcing initiatives for the organization related to indirect spend, focusing on driving cost savings, managing supplier relationships, and optimizing procurement processes while maintaining compliance with Choice purchasing policies. As a key member of our Strategic Sourcing Team, you will assist with daily tasks regarding strategic sourcing, contract negotiations, and category management.
** Senior Strategic Sourcing Manager
** role today and **#Make It Your Choice **.
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* NOTE:

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* ** This position is not eligible for visa sponsorship or relocation assistance. Candidates must currently reside in the Maryland or Washington, D.C. metropolitan area.**##
** Your Responsibilities
**** Strategic Sourcing
*** Develop and implement strategic sourcing strategies within the Choice corporate functional teams with a focus on increasing productivity, identifying cost savings opportunities, and optimizing company-wide spend.
* Create and improve efficiencies within the business unit generating buying power and identifying reduction in costs.
* Act as the subject matter advisor for assigned categories collaborating with business owners, management, and other subject matter experts to develop category strategies.
** Contracting and Procurement Governance
*** Draft, review, and negotiate contract agreements, including MSA commercial terms, SOWs, Order Forms, etc., ensuring compliance with company policies and legal requirements.
** Spend Analysis
*** Conduct detailed spend analysis to identify cost-saving opportunities and support budgeting and planning processes.
** Category Management
*** Develop and implement collaborative category management plans, providing senior management with visibility on risks, total cost of ownership, key operational achievements, and measurable deliverables.
* Ensure suppliers contracts contain provisions which enables them to be managed effectively through performance monitoring against key performance indicators (KPIs), service level agreements (SLAs), benchmarking, contract management, and negotiations.
** Vendor Negotiations
*** Develop and execute comprehensive vendor negotiation strategies, incorporating business requirements, approved budgets, current spend data, and overall negotiation approach.
* Conduct financial analyses throughout the negotiation process, comparing initial and final proposals to validate cost savings achieved.
* Lead sourcing and supplier management initiatives, including RFx processes, competitive bid and proposal evaluations, contract drafting and negotiations, risk assessments and mitigation planning, and ongoing supplier relationship and performance management.
* Collaborate closely with the Legal and Risk Teams to ensure compliance with contractual standards, risk mitigation practices, and corporate policies.
** Process Optimization
*** Optimize internal processes, workflows, and interfaces to improve category-specific measures of productivity, efficiency, and effectiveness (e.g., savings, process cycle time, leveraging spend).
** Leadership & Mentorship
*** Provide indirect leadership and mentorship to junior team members fostering a culture of continuous improvement and professional development.
** Your Experience, Skills & Competencies
*** Bachelor’s degree in Business Administration, Supply Chain Management, or a related field; MBA or relevant certification (e.g., CPSM, CIPS) preferred but not required.
* Minimum 7-10 years of experience in strategic sourcing, procurement, or supply chain management, with a proven track record of success in a senior role.
* Strong negotiation, contract management, and analytical skills
* Excellent communication and interpersonal skills, with the ability to build and maintain relationships with internal stakeholders and external suppliers.
* Proficiency in procurement software and tools, as well as Microsoft Office Suite (i.e., PowerPoint, Word, Excel).
* Ability to work independently and as part of a team,…