Director of Procurement & Sourcing-Family Dollar at Dollar Tree

Chesapeake, Virginia, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

RetailIndustries

Requirements

10+ years of experience in purchasing, contract negotiation, and competitive price analysis and/or other relative operational experience
Demonstrated ability to formulate and lead strategic initiatives
Demonstrated ability to lead and manage organizational and process changes to achieve business goals
BA/BS or equivalent experience
Strong organizational and planning skills
Proven ability to build relationships/partnerships with business partners and vendors
Ability to utilize strong, effective written and verbal communication across all lines of business
Exceptional leadership skills and the ability to develop, retain and nurture talent
Solid experience in research and data analysis
Experience in implementing and operating business-to-business e-commerce solutions, including operational knowledge of eSourcing

Responsibilities

Lead a team of procurement professionals in the sourcing, negotiation, contract development and awards of not-for-sale goods and services
Assist with identifying, setting and driving the strategic vision and goals and ensure execution of all common procurement strategies including supplier management, contract management, common procurement tools, and reporting
Develop and implement sourcing/bid processes for assigned areas of responsibility to achieve superior financial and quality results for internal clients
Review and approve bid specifications and selection criteria for competitive bidding
Understand internal cost structure and performance metrics to conduct category spend analyses and develop total cost of ownership models to support purchasing objectives, inclusive of RFPs and e-procurement strategies
Lead strategic sourcing teams through a holistic and systematic sourcing process for complex strategic initiatives; develop and review effective project plans and negotiation strategies; evaluate supplier business proposals; provide recommendations for business strategy awards; negotiate complex agreements
Develop and present negotiation strategies and deal summaries
Assist in development and direction of procurement programs to provide direction to procurement team in order to maximize sales and profits
Conduct in-depth competitive market trend analysis to keep current on new vendors, lines, and categories, new technologies, strategies, and market trends, in conjunction with services and technology spend
Interpret and draft contract language; structure and negotiate terms and conditions that meet business and legal requirements; negotiate, prepare and execute accurate and timely industry best contracts
Identify metrics, tools, and processes to optimize sourcing, supplier activities, and efficiencies; work collaboratively with team members to prioritize and drive implementation
Achieve cost reduction targets established during the strategic planning process; report savings and performance metrics; take necessary actions to maintain compliance
Develop relationships within the organization to ensure that all sourcing opportunities are rationalized for optimal savings
Staff, instruct, develop, and motivate a high-performing team responsible for interfacing with business owners and supplier partners

Skills

Strategic Sourcing

Negotiation

Contract Management

Supplier Management

RFP

Spend Analysis

e-Procurement

Market Analysis

Procurement Strategy

Total Cost of Ownership

Dollar Tree

Value retailer offering low-cost everyday items

About Dollar Tree

Dollar Tree operates over 8,000 stores and 25 distribution centers, providing a variety of products such as party supplies, home décor, health and beauty items, seasonal goods, and food at low prices. The company sources its merchandise globally, allowing it to offer high-value items that appeal to customers looking for affordable everyday and holiday essentials. Unlike many retailers, Dollar Tree maintains a strict pricing model where most items are priced at one dollar, which helps attract a diverse customer base. The company's goal is to adapt to market changes while ensuring customer satisfaction through a dedicated workforce and creative strategies.

Chesapeake, VirginiaHeadquarters

1986Year Founded

IPOCompany Stage

Consumer GoodsIndustries

10,001+Employees

Risks

Increased competition from Dollarama could impact Dollar Tree's market share.

The multi-price strategy might alienate traditional Dollar Tree customers.

Economic pressures could reduce demand for non-essential product lines.

Differentiation

Dollar Tree offers a wide range of products at extreme value prices.

The company sources merchandise globally to provide high-value items at low costs.

Dollar Tree operates over 8,000 stores across the U.S. and Canada.

Upsides

Expansion of private label brands can increase profit margins and customer loyalty.

Enhancing e-commerce capabilities can capture a larger share of the online retail market.

Partnerships with local suppliers can reduce supply chain disruptions.

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