As a Sourcing Lead, you will be responsible for supporting the strategy development and implementation for assigned indirect categories in alignment with the overall Indirect Strategy.
You will manage the supply base to ensure that all suppliers meet our priorities : Delivery, Quality, and Cost Competitiveness.
ESSENTIAL DUTIES & RESPONSIBLITIES :
What You Will Do :
Identifies, develops, and implements Indirect Sourcing strategies to reduce Total Cost of Ownership, mitigate headwinds, and improve security of supply.
Provides leadership, coaching and feedback on the Total Cost of Ownership (RFP, RFI, RFQ) sourcing process to build capability and mature practices across a global team.
Effectively communicates strategies, results, and metrics to senior leadership. Champions Global Strategic Sourcing across the enterprise and educates on the value of partnership.
Develops contract strategies and effectively negotiates key commercial and supply positions to the benefit of Polaris business requirements and goals.
Stays abreast of industry trends for Indirect Sourcing categories. Provides guidance and recommendations to Business Units to support margin and top line growth.
Effectively implements strategic supplier strategies and initiatives to achieve maximum value.
Develops, aligns, and drives strategic projects to improve Indirect Sourcing processes, tools, and efficiencies.
Other duties as assigned.
Supplier Relations :
Manage assigned and establish new supplier relationships to ensure sufficient communication and alignment between the suppliers and Polaris.
Negotiate and execute situationally appropriate agreements with input from cross-functional partners.
Create, conduct, and manage, the full lifecycle of business specificsourcing events and / or projects.
Leverage the size and scale of Polaris operationsinsupply base negotiations. Identify opportunities for reconciliation and optimization that drive adoption of P2Ppractices.
Rationalize the supply base within assigned categories. Use strategic practices such as segmentation and consolidation to growspend under management.
Execute projects that drive key initiatives. Identify and complete process improvements. Support Indirect Sourcing’s developmental roadmap and maturation.
Manage projects through indirect processes and systems as required.
Category or GBU Strategy :
Execute on the multi-year vision for the indirect category or GBU strategy, with input from the internal customers, purchasing goals, risk, future growth plans, and broader supply chain strategy.
Managessourcing projects and support functions across multiplecategories. Aligns negotiation goals to indirect, GBU, and company priorities, to maximize the impact of outcomes.
Sourcing Priority Management :
Based on the category strategy and goals, establishspend and cost reduction strategieswithquantifiable targets. Collaborate with stakeholders to deploy and achieve those targets over an extended term.
Utilize fact-based negotiation, industry benchmarking, competitive market analysis, spend reporting, and other available resources to initiateand complete projects.
Establish contractual commitments that achieve long-term cost savings, supportcompanygoals, mitigate risk, and advance future growthstrategies.
Effectively managemultiple competing projects and priorities at one time.
JOB REQUIREMENTS :
Education & Experience :
Bachelor’s Degree required.Degree in Sourcing, Supply Chain, Business, Finance, or applicable field preferred.
Professional certification or desire to pursueongoingprofessional development.
4+ years of project management, purchasing,business services, or relevant fields preferred. Multiple years of indirect sourcing experience strongly preferred.
Strong communication skills andexperience interactingwith diverse audiences. Can effectively communicate withleadership, up to and including executives.
Experience leading complexnegotiations and / or projects with suppliers, stakeholders, and other partners.
Experience in any professional service, engineering, human resources, marketing, travel, asset management, IT, or facility services strongly preferred.
Highly proficientwith legal agreements, contracting processes, contract drafting, or related activities, strongly preferred.
Knowledge, Skills, & Abilities Required :
Effective negotiation, decision making, customer service, and problem-solving skills.
Operates independentlyand decisively when faced with ambiguity. Is resilient, solution focused, and accountablein challenging circumstances.
Highly organized and effective in managing multiple projects, priorities, and deadlines simultaneously.
Ability to professionally represent Polaris through productive internal and external working relationships.Champions ethical sourcing practicesand acts in Polaris’s best interests.
Adopts a growth mindset to adapt to evolving business needs and learn from experiences. Takes ownership of actions,outcomes, and responsibilities.
Capable of quickly understanding diverse business requirementsand asks. Delivers superior customer service and support during interactions.
Experience presentingandspeakingto large audiences.Expected to present information to leadershipas required.
Knowledge of project management tools, methodologies, systems, and ability to assist in tasks assigned by Project Managers.
Working Conditions :
Fast-paced office environment.
5-25% travel may be required
At Polaris we put our employees first, by offering a holistic approach to their health and financial wellbeing. Polaris is proud to offer competitive compensation, including a market-leading profit-sharing plan that is fundamental to our pay-for-performance culture.
At Polaris, employees are owners of the company through company contributions to our Employee Stock Ownership Plan and discounted employee stock purchases plan.
Employees receive a generous matching contribution to 401(k), financial wellness education and consultation to plan for their financial future.
In addition to competitive pay, Polaris provides a comprehensive suite of benefits, including health, dental, and vision insurance, wellness programs, paid time off, gym & personal training reimbursement, life insurance and disability offerings.
Through the Polaris Foundation and our Polaris Gives paid volunteer time off, we support employees who actively volunteer their time, efforts, and passions to improve the health and wellbeing of the communities in which they live, play and work.
Employees at Polaris drive our success and are rewarded for their commitment.