Bread Financial
Lead-CategoryManagement
Neural analysis suggests this role is
optimal for Senior candidates.
“Lead - Category Management at Bread Financial. Skills: Category Management, Supplier Management, Negotiations, Cost Analysis. Drive strategic sourcing strategy, market analysis, RFX development and complex negotiations.. Lead business requirement development and drive stakeholders’ interactions.”
What You'll Achieve.
Deliver superior financial returns and competitive advantages.; Ensure the strategy is dynamic and responsive to market, customer, supplier, and company needs.; Oversee supplier relationships, selection, development, and management.; Lead strategic sourcing activities across high value diverse spend categories to drive cost reduction, maximize value, and minimize third-party risks.; Drive cost reduction, maximize value, and minimize third-party risks.; Identify savings and maximize value.; Ensure targeted value is achieved.; Ensure resolution among stakeholders and/or suppliers.; Ensure desired outcome.
Industry & Context.
Develops and implements fact-based, comprehensive strategies; Acts independently to develop methods and procedures on new or special assignments.; Analyze spend data, benchmarks and other key metrics to identify savings and maximize value.; Identify risk, measure the impact, and communicate proactively for risk mitigation to ensure desired outcome.
Ability to travel up to 10% annually, Communicate/Hearing, Communicate/Talking, Stationary Position/Seated, Typing/Writing, Maintain focus in high pressure or fast-paced work environment
What They're Looking For.
Must Have
High School Diploma or GED, 8+ years experience in sourcing/procurement, category and supplier management, negotiations, cost analysis and process improvements.
Nice to Have
Bachelor’s Degree in Business Administration, Finance, Business Analytics, Procurement, or Project Management, 10+ years experience in banking, insurance or other regulatory environment, Services strategic sourcing, category management, high value negotiation, pricing scenario analysis, budget cycles, total cost of ownership, Procurement, Analytics and Microsoft tools including Word, Excel, PowerPoint.
What You'll Do.
Drive strategic sourcing strategy
RFX development and complex negotiations.
Lead business requirement development and drive stakeholders’ interactions.
Provide sourcing analysis and recommendations to senior leaders.
Monitor supplier lifecycle performance.
Lead development and implementation of category strategies.
benchmarks and other key metrics.
Drive multiyear category roadmap with stakeholders and senior leaders.
Manage multiple and diverse categories.
Interact with stakeholders and supplier personnel at all levels.
Influence the direction of the business.
Align and engage resources outside area of responsibility.
Drive processes to monitor performance and ensure continuous improvement.
Strengthen partnerships with suppliers.
Manage contract lifecycle.
negotiate and manage commercial issues relating to contracts.
Provide guidance to stakeholders on commercial contract issues.
Proactively drive lifecycle management to drive value and mitigate risk.
Advise internal constituents on contract lifecycle management process.
and implement new strategic sourcing processes and policies.
Streamline RFX and category management processes.
Champion consistent processes across teams and drive change management.
Lead and foster cross-functional communication.
Mentor and coach team members.
Lead development and implementation of strategies and processes to track progress.
Create and present strategic documents to leadership.
monitor and drive projects to closure.
Escalate issues at appropriate times for resolution.
Develop relationships with project team.
and communicate proactively for risk mitigation.
Build reports that provide spend and market analysis insights.
Develop opportunities in sourcing
category management and contract negotiation.
Articulate and present improvement opportunities to all levels.
How You'll Work.
Team & Collaboration
Partnering with internal stakeholders to align business objectives.; Ability to interact with stakeholders and supplier personnel at all levels.; Influence the direction of the business.; Align and engage resources outside area of responsibility.; Ensure continued strengthening of partnerships.; Provide guidance to stakeholders on commercial contract issues.; Advise internal constituents on the full contract lifecycle management process.; Lead and foster cross-functional communication.; Develop relationships with the project team.; Communicate proactively for risk mitigation.; Build reports that provide spend and market analysis insights to help Category strategists and stakeholders drive savings efficiency.; Clearly articulate and present improvement opportunities to all levels of the organization.
Communication Scope
Well-communicated strategies; Clearly articulate and present improvement opportunities to all levels of the organization.
Process & Methodology
Project Management Essentials, Initiate, lead, plan, execute, monitor and drive projects to closure, Escalate issues at appropriate times to ensure resolution among stakeholders and/or suppliers, Develop relationships with the project team, Identify risk, measure the impact, and communicate proactively for risk mitigation to ensure desired outcome
Full Job Description
# ****Every career journey is personal. That 's why we empower you with the tools and support to create your own success story. **** # **Be challenged. Be heard. Be valued. Be you ... be here.** **Job Summary** The Lead - Category Management role is responsible for developing and implementing fact-based, comprehensive, and well-communicated strategies that deliver superior financial returns and competitive advantages. This role ensures the strategy is dynamic and responsive to market, customer, supplier, and company needs. They oversee supplier relationships, selection, development, and management, partnering with internal stakeholders to align business objectives. They lead strategic sourcing activities across high value diverse spend categories to drive cost reduction, maximize value, and minimize third-party risks. Acts independently to develop methods and procedures on new or special assignments. **Essential Job Functions** * Drive strategic sourcing strategy, market analysis, RFX development and complex negotiations. Lead business requirement development and drive stakeholders’ interactions to ensure understanding of product or service. Provide sourcing analysis and recommendations to senior leaders. Monitor supplier lifecycle performance. - (25%) * Leads development and implementation of category strategies aligned with business requirements and cost reduction objectives. Leads analysis of spend data, benchmarks and other key metrics to identify savings and maximize value. Drives multiyear category roadmap with stakeholders and senior leaders. Must have experience managing multiple and diverse categories. - (20%) * Ability to interact with stakeholders and supplier personnel at all levels in the organization, to influence the direction of the business, and align and engage resources outside area of responsibility. Drive processes to monitor performance and ensure continuous improvement with suppliers. Must demonstrate leadership and commitment to ensure the co
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