Strategic Sourcing Manager - Tech (Hybrid-Seattle, WA) at Nordstrom

Seattle, Washington, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Retail, TechnologyIndustries

Requirements

6+ years of experience in software/hardware category management, strategic sourcing, and technology contract negotiation, with an emphasis on SaaS, on-premise software, and hardware
Strong knowledge of market analysis, sourcing category strategy, supplier relationship management, “should-cost” models, TCO analysis, multi-year negotiation strategies, supplier continuous improvement programs, and Lean Initiatives
Knowledge of key legal concepts involving technology and data, including familiarity with data privacy and security principles
Experience with various licensing and delivery model types and contracting best practices
Experience understanding and translating technical requirements into enforceable contract obligations
Knowledge of business ethics and Ethical Sourcing Requirements
Ability to influence at an Executive level, both internally and externally, and an ability to lead and influence peer and partner groups, both internally and externally
Clear and effective written and verbal communication
Strong proficiency with O365, BI apps, contract lifecycle management tools, workflow and incident management tools, and source-to-pay tools
Ability to conduct and independently manage multiple sourcing events

Responsibilities

Manage the contract lifecycle of software and hardware (including telecom) in various delivery models and licensing structures
Develop and lead effective negotiation strategies to enable successful outcomes
Lead and collaborate with cross-functional teams to meet timelines in a fast-paced environment
Communicate clearly and effectively (both verbal and written) with internal leadership and suppliers
Influence and advise leaders on TCO and risks, and provide strategic recommendations based on data and analysis
Mitigate risk and ensure Nordstrom expectations of suppliers are clear, binding, and enforceable
Employ strong knowledge of key technology players, competitors, and market dynamics
Proactively develop new and effective business and professional relationships with strategic suppliers and industry players
Proactively manage and measure suppliers for continuous performance and improvement
Employ advanced program and project management tools, solutions, and techniques to deliver results
Draft and lead redlining activity for a wide variety of complex technology agreements, such as SaaS Agreements, Software License Agreements, Service Level Agreements, Support Agreements, and implementation and configuration SOWs
Effectively manage multiple complex projects with ambitious deadlines
Proactively identify and resolve complex sourcing and contractual challenges within the business software and enterprise software portfolios, including licensing issues and contract disputes
Make data-driven decisions to support strategic execution and ensure alignment with business objectives in high-ambiguity environments
Collaborate with strategic sourcing peers and cross-functional teams in a fast-paced, changing environment, demonstrating strong teamwork, resiliency, creativity, and adaptability

Skills

SaaS Sourcing

Cloud Migration

On-Premise Software

Contract Lifecycle Management

Negotiation

Project Management

TCO Analysis

Risk Mitigation

Supplier Management

Redlining Contracts

Telecom Sourcing

Hardware Sourcing

Nordstrom

Retailer offering clothing and accessories

About Nordstrom

Nordstrom is a retail company that focuses on providing a wide range of clothing, shoes, and accessories for men, women, and children. The company operates department stores and an online platform where customers can shop for various brands and styles. Nordstrom emphasizes a strong customer service experience, encouraging employees to take initiative and develop their careers within the organization. Unlike many competitors, Nordstrom fosters a culture of leadership and personal growth among its staff, which contributes to a dedicated and motivated workforce. The company's goal is to create a positive shopping experience while also being committed to environmental sustainability and community support.

Seattle, WashingtonHeadquarters

N/AYear Founded

$16MTotal Funding

N/ACompany Stage

Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Risks

Increased competition from online retailers like Amazon may impact Nordstrom's market share.

Economic uncertainty could reduce consumer spending on luxury items, affecting sales.

Expansion into international markets exposes Nordstrom to geopolitical and currency risks.

Differentiation

Nordstrom emphasizes employee empowerment and career growth within the company.

The company is committed to environmental sustainability and community support.

Nordstrom's experiential retail approach includes pop-up shops and exclusive collaborations.

Upsides

Nordstrom Rack is expanding with new locations in West End and Lubbock by 2025.

The Nordy Club enhances customer savings and loyalty through exclusive benefits.

Strategic collaborations, like with DXL Big + Tall, expand Nordstrom's customer base.

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