Sourcing Specialist
- 💼
- Corporate
- 📅
- 1605469 Requisition #
Company Overview
For over a century, The Neiman Marcus Group has stayed
focused on serving the unique needs of the luxury market. Today, that
commitment is stronger than ever. We have stayed true to the principles of our
founders, to be recognized as the premier omni-channel luxury retailer
dedicated to providing our customers with distinctive merchandise and superior
service. The Neiman Marcus Group is comprised of the Specialty Retail Stores
division which includes Neiman Marcus Stores and Bergdorf Goodman and the eCommerce
Division. These renowned retailers
offer upscale assortments of apparel, accessories, jewelry, beauty and
decorative home products to the affluent consumer. The Company operates 41
Neiman Marcus full-line stores in marquee retail locations in major U.S.
markets, including U.S. gateway cities that draw customers from all over the
world. In addition, we operate 2 Bergdorf Goodman stores in landmark locations
on Fifth Avenue in New York City. We also operate, 36 off-price smaller format
stores under the brand Last Call catering to an aspirational, price sensitive
yet fashion-minded customer and 6 smaller format stores under the brand CUSP
catering to a younger customer focused on contemporary fashion. These store
operations total more than 6.5 million gross square feet. Our upscale eCommerce
retailing operation conducts both print catalog and online operations under the
Neiman Marcus, Horchow, Bergdorf Goodman, CUSP and Last Call brand names.
Through our stores
and eCommerce business, our goal is to provide our customer with the ability to
shop any of our brands "anytime, anywhere, any device." Whether an emphasis on customer service or
investing in technology, everything we do is to enhance the customer experience
across channels and brands.
Job Summary
Work with Spend Management Category Managers and Business
Partners to drive value through sourcing, supplier management, and profit
improvement initiatives. This position
reports to the Director, Category Management and Spend Analytics.
Job Duties
- Conduct spend analysis, opportunity assessment, and sourcing activity prioritization to support category managers and business partners
- Perform data mining
- Execute trend analysis
- Develop management reporting / ad hoc reporting
- Track SLA / KPI results for reporting purposes
- Analyze and document cost savings
- Conduct TCO modeling and budgeting
- Identify and carry out commodity-specific analysis and strategic sourcing activities
- Develop and maintain commodity-specific marketplace knowledge; identify and monitor trends
- Lead end-to-end sourcing events as needed
Job Requirements
- Financial / business acumen
- Self-starter
- High level of curiosity
- Entrepreneurial characteristics
- Problem solving
- Cost accounting
- Quantitative and qualitative analytical skills
- Ability to synthesize large amounts of data and develop meaningful insights
- Total Cost of Ownership (TCO) modeling
- Trend identification / analysis
- Probability and statistics
- Expected value
- Complex problem solving
- Technical capabilityM
- MS Excel, Access, PowerPoint, Project
- Familiarity sourcing and spend analytics tools and processes
- Interpersonal skills
- Ability to influence others
- Strong communication skills
- Strategic thinking
- Project Management
- Ability to lead, drive, and adapt to change
- Exceptional organizational skills
- Sense of urgency to complete tasks
- Manages competing demands
Minimum Entry Education and/or Experience:
Bachelor’s degree in
business or procurement field and one to five years related experience or
equivalent combination of education and experience.