Saks OFF 5TH is the premier luxury off-price destination. In its more than 100 stores in the U.S. and Canada, and online, at SaksOFF5TH.com, the company provides the best names in fashion at an incredible value through its merchandise authority, unparalleled brand access and seamless connection between ecommerce and stores.
What This Position Is All About:
As an Analyst of Procurement, you will support strategic sourcing for Saks OFF 5TH, focusing on IT, supply chain, and HR. Data collection and analysis will be utilized in contract negotiations with vendor partners and in business decisions that benefit the company. Monitoring and forecasting industry and macroeconomic trends will be used to anticipate company needs. The Analyst of Procurement is a key point of contact in managing relationships with external vendor partners, inclusive of ensuring accounts payables are properly reconciled. Working in a fast-paced, dynamic environment, this is a significant opportunity to help drive improvement to the company’s bottom line and to interface with leaders across the enterprise while building a solid procurement foundation for future growth with a lens toward sustainability.
Who Are You:
Ability to learn and demonstrate expertise in categories quickly while prioritizing multiple projects & tasks to deliver results
Experience at working both independently and in a team-oriented, collaborative environment is essential
Eager to embrace and support change, ability to manage in an ambiguous environment
You Also Have:
Minimum 2+ years of professional experience in strategic sourcing/procurement, supply chain management, or management consulting.
Bachelor’s Degree from an accredited four-year college or university (preferably in Supply Chain, Engineering, Business Management, or Finance)
Strong analytical skills, innovative, interpersonal, client and presentation skills
Proficient in Microsoft Excel Word, PowerPoint, Visio experience & understanding is a plus
Advanced in contract development and supplier relationship management with a deep understanding of procurement and supply chain
Experience with purchase-to-pay and procurement transformation, strategic sourcing, commodity management, supplier management, and contract management
As The Analyst of Procurement, you will:
Understanding the functional business; helping identify opportunities for process improvement, cost containment/avoidance, revenue generation, capital investment
Developing relationships with internal and external business stakeholders
Research market trends and leading practices to discover and execute cost savings initiatives
Prepare business cases to quantify savings and/or benefits of new initiatives
Project planning, including timelines, deliverables, and stakeholder teams, etc.
Manage sourcing activities by preparing, issuing and evaluating bid and RFI/RFP requests. Negotiate and finalize price, quality and delivery. Develop optimization scenarios for awards.
Partner closely with the business stakeholders you support to identify and execute value generating opportunities
Explore process & continuous improvements across the procurement organization as well as within business and outline how to address (i.e., value-stream mapping)
Increasing Procurements spend under management, by building business relationships and identifying opportunities to leverage skill set to achieve company-wide goals
Ability to negotiate contract terms in order to ensure business requirements are being met, while reducing risk and increasing controls
The pay range for this position at commencement of employment is expected to be between $55,000 and $70,000/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits), dependent on the position offered. Details of participation in these benefit plans will be provided if a candidate receives an offer of employment.
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Your Life and Career at Saks OFF 5TH:
Be part of an empowered, innovative team; work with an adventurous spirit and a customer-centric mindset; play a critical role in making decisions that will position us to win
Exposure to rewarding career advancement opportunities across different functions within our corporate offices, retail stores, photo studios, and distribution centers
A culture that promotes a flexible work environment
Benefits package for all eligible full-time employees (including medical, dental and vision)
An amazing employee discount and other exciting perks
Your Life and Career at Saks OFF 5TH:
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Be part of an empowered, innovative team; work with an adventurous spirit and a customer-centric mindset; play a critical role in making decisions that will position us to win
-
Exposure to rewarding career advancement opportunities across different functions within our corporate offices, retail stores, photo studios, and distribution centers
-
A culture that promotes a flexible work environment
-
Benefits package for all eligible full-time employees (including medical, dental and vision)
-
An amazing employee discount and other exciting perks
Thank you for your interest with Saks OFF 5TH. We look forward to reviewing your application.
We believe that our differences not only make us stronger, but also guide our evolution and future growth. All associates are expected to create an inclusive environment free from harassment, discrimination, and bullying.Together, we celebrate, advocate for, and learn from our colleagues, customers and communities to create the best environment to shop and work for all.
