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sr. Manager, Strategic Tech Sourcing And Procurement

Country : USA USA

State : New York

Town : New York

Category : Purchasing

Contract type : Permanent

Availability : Full time

Job description

Title: Sr. Manager, Strategic Tech Sourcing and Procurement
H&M Group's Business Tech Organization
Rapid technological development is transforming the fashion retail industry. From AI to data-driven business development, user experience to engineering, we turn business challenges into innovative tech solutions - making H&M Group a global leader in combining tech, fashion, and design.
The H&M group's Business Tech organization created a completely new product organization where we explore new ways of working, have a customer focused mindset, embrace our strong values, and release the power of our people to innovate and develop products that make a meaningful impact to customers all over the world. The team aims to continuously surprise and delight our customers and accelerate our business - by releasing the power of people, data and technology. To cater to the individual needs and desires of our millions of customers, Business Tech will deliver technological solutions for the entire value chain for all our brands. Fashion, design, customer value, tech and data are in our DNA.
Opportunity Snapshot - Open to NY or NJ
H&M Group's Business Tech Organization is seeking a Sr. Manager, Strategic Tech Sourcing and Procurement with Global experience for our US hub. As Sr. Manager, Strategic Tech Sourcing and Procurement, you will be a part of our newly created Commercial Team and support the entire deal process with areas such as business case creation, deal preparation, deal execution, negotiations, and risk management. Additionally, you will provide support with contract management, commercial guidance, and management of partner relationships.
Using innovation and entrepreneurship in creating new commercial models and win-win deals is essential and value experience from various formats of business and partnership models such as joint venture, collaboration with startups, crowdsourcing etc.
This is a great opportunity to build and bring your creativity to support our Business Tech objectives. You are successful in deal-making, identifying business opportunities and business value, structuring deals, creating business models, and act as main negotiator from start to finish! We are specifically interested in hearing about your experience in different kind of partnership collaborations, due diligence, and innovative business deals. In addition, you are an expert in vendor and relationship management with global strategic partners.
Core Responsibilities includes but is not limited to:
Provide Global Commercial expertise and hands on support to Business Tech US Hub in defining and implementing commercial (including sourcing) and partner strategy
Work closely work with Hub leads/Product leads as well as the Commercial function leaders in Sweden to define business case and establish commercial models to meet business objectives
Manage partner and vendor relationships through potential deal designs/deal making processes required such as RFP, tendering crafting, time planning etc. to meet deal objectives.
Negotiate with external partners to secure advantageous terms and manage contract lifecycles such as extension, renegotiation, termination, and call-offs in collaboration with product stakeholders, partners, and vendors
Review business cases, identify and executes deals that achieve business objectives and identifies ways to optimize ongoing relationships with external partners and assist in identifying potential new partners and collaborations relevant for the Hub through market analysis
Challenge existing commercial models and suggest new commercial/contractual strategies
The Requirements
Bachelor's degree (Finance or Legal preferred) with 5+ years of Global Commercial deal-desk experience
Commercial deal-design expertise and working experience of procurement processes
Strategic in developing new ways of collaboration, partnerships, and business models, self-starter, and a doer with an entrepreneurial mindset and "everything is possible" approach
Management of vendors and partners, both individually and as a portfolio
Deal-making, including procurement, sourcing, negotiation, and experience in a variety of deal structures; contract management (drafting, negotiating, onboarding)
Strong international deal making experience
Accountability to deliver high customer and business value and believes in a non-hierarchical culture of collaboration, transparency, safety, and trust
Excellent negotiation and conflict-resolution skills
Solid communication skills and proactive questioner
Results-oriented, concrete, pragmatic, efficient
Why Join Us?
The H&M group's Business Tech function aims to continuously surprise and delight our customers and accelerate our business to shape the future of sustainable fashion and design through the power of people, data and technology. You will be part of turning business challenges into innovative tech solutions - making H&M Group a global leader in combining tech, fashion and design. Being a major player gives us countless opportunities to make a real impact and shape the future. You are empowered, trusted, and challenged to explore your own path and write your own story. We believe in giving people responsibility early on, to create a strong sense of ownership and accountability. Our business is your business.
Our Values
We are one team
We believe in people
Entrepreneurial spirit
Constant improvement
Cost-conscious
Straightforward and open-minded
Keep it simple
Everyone is a Leader at Business Tech
To reach our ambitious business goals and create meaningful growth, we believe a new and shared leadership is needed. Every person must use his or her passion, curiosity, and ideas to lead the way and make a difference. We believe that everyone at the H&M Group is a leader. We all have different strengths - use yours! Sometimes you lead and sometimes you follow. We support each other's growth and enable strong collaboration within and outside Business Tech.
All your information will be kept confidential according to EEO guidelines.
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