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Sourcing Manager
Job DetailsRemote Type Optional Work from HomeDescription
At BH Management Services, we are committed to creating value. We acquire, improve and manage apartment communities, and our success in this endeavor is evidenced by our growth from a start-up firm in 1993 to one of the largest multi-family management companies in the nation. BH understands that great customer service is what keeps residents satisfied, and that great service comes from engaged, happy and well-trained team members.
In 2018 and 2017, BH was ranked as one of FORTUNE magazine and Great Place to Work s “Best Workplaces for Women.” BH was also ranked in 2018 and 2020 as one of the “Best Workplaces for Millennials. In addition, in 2019, BH was named to the 100 Best Workplaces for Diversity. We continue to recognize that we are only as strong as each individual employee and we value our employees by providing a strong benefit package:
3 Weeks of Paid Time Off
Medical/ Dental/ Vision
401(k) + company match
Birthday Paid Day Off
BH Gives Back (Paid Volunteer Time Off)
13 Paid Holidays
BH Paid Leave
Sabbatical
Education Reimbursement
Employee Assistance Program
Position Summary:
The Sourcing Manager manages all aspects of assigned national vendor relationships, programs, contracts, reporting, and procurement strategies. Exhibits strong commitment to the service needs of the internal and external customer. Represents the company in a professional and courteous manner.This is a remote opportunity (except for CA, CO, NV, NY, and WA at this time).
Essential Job Functions:
Oversees the research, recommendation, and ongoing management (including but not limited to: E-procurement) of all procurement and ancillary national vendor categories.
Evaluates sourcing procedures, market trends and costs and presents improvement strategies and recommendations to management for approval. Conducts market research, as well as creates risk estimates, cost estimates and forecasts.
Represents the organization on projects and may perform in project leadership role, supporting leadership with a data-backed strategy.
Develop a rolling 3-year category strategy that aligns with business objectives – strategy includes but is not limited to, supply market analysis, price/service level benchmarking, sourcing events (RFP/RFI), supplier negotiations, ongoing supplier relationship management. Deploying best in class processes in designing, driving, and executing RFIs and RFPs (simplifying outreach, bidding, and contracting).
Negotiating contracts with key suppliers, including costs and terms of supply, service, and quality. Structures SLAs for vendor agreements in concert with business stakeholders and procurement policy. Identifying and pursuing new supplier opportunities when necessary.
Build and institutionalize market intelligence capabilities within categories of focus, regarding key markets, suppliers, and solutions to support strategy development.
Interfaces with internal business units to ensure compliance requirements and expectations are satisfactorily incorporated into all appropriate vendor contracts, as well as maintained throughout partnerships.
Responsible for hiring, training, and managing ancillary and procurement employees. Coach, mentor, and develop sourcing specialists and analysts, including providing career development planning and opportunities.
Prepares an assessment for each national vendor bi-annual meeting vendor performance, feedback information, concerns, etc. at least 15 days prior to meeting.
Evaluates, recommends, and implements appropriate software solutions.
Works under limited supervision and exercises sound judgment within defined procedures and practices to determine appropriate actions when accomplishing objectives.
Other duties as assigned.
Minimum Qualifications/Skills:
Limited travel as needed.
Bachelor s Degree in Business, Procurement, Supply Chain, or a related field
Minimum of 5 years experience within a professional procurement function, in a leadership capacity
Strong negotiation skills and demonstrated ability to work with suppliers. Advanced ability to collaborate and negotiate.
Superb leadership skills and excellent interpersonal skills including verbal and written communication
Proven ability to work with multiple stakeholders and influence senior leadership; strong presentation skills
Skills in project management and process mapping
Ability to exercise influence while working cross functionally and building relationships
Able to handle multiple priorities or projects in a fast-paced environment. Manages time effectively and focusses on high priority opportunities.
Exceptional financial, analytical, and strategic thinking abilities.
Expert knowledge of contract negotiation, procurement practices and compliance
Ability to act as a flexible and innovative team player with a roll-up-the-sleeves attitude and a hands-on approach.
Demonstrated experience employing good judgment and discretion with confidential information.
A valid driver s license may be required.
Desired Qualifications/Skills:
A Master’s degree in business or specialization in advanced procurement management.
Proficiency in sourcing software preferred.
10 years of purchasing and supply chain management experience
Certifications in Procurement or Supply Chain preferred (i.e., CPSM)
Work Schedule:8am-5pm, Monday-Friday, or as needed to meet business needs.
Physical Requirements/Environment:The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
This job generally operates in a professional office environment, but may also occasionally operate in an outdoor environment. While performing the duties of this job, employees must be able to remain in a stationary position for long periods of time, occasionally move about the office, constantly operate a computer and other office equipment, communicate regularly and effectively with others, both written and verbally, and may occasionally lift up to 30 pounds.
This position requires close visual acuity to perform an activity such as preparing and analyzing data and figures, viewing a computer terminal, and extensive reading.
The ability and means to travel locally, overnight, in specific regions or states via automobile and airplane may be required.
Equal Opportunity Employer. Drug Free workplace. Employment is contingent upon successful completion of a background check and drug screen.
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Company Updates
Live BH: Revolutionizing Modern Living
Live BH stands at the forefront of multifamily living, redefining the standards of renting and property management. With a commitment to excellence, Live BH is not just about providing a place to live; it’s about creating spaces where residents can thrive and experience more out of life.
A New Era of Renting, Spaces to Live & Thrive
At Live BH, renting is not just a temporary solution; it’s a lifestyle choice. They offer homes that are more than just four walls – they are vibrant communities designed for comfort, convenience, and a higher quality of life. Live BH ensures that finding and living in a rental property is a seamless and enjoyable experience.
Integrated Expertise in Property Management, Meet Our In-House Powerhouse
What sets Live BH apart is their vertically integrated approach. From property management to equities, architecture, design, and construction, their in-house team handles it all. This integration allows for smarter, faster, and data-driven decisions, ensuring efficiency and innovation at every step.