Manager, GPO Source-to-Contract Operations

McKinsey & Company
parental leave, paid time off
United States, New York, New York
Dec 13, 2024
Procurement Manager, GPO Source-to-Contract Operations Job ID: 92613 Are you driven by the opportunity to tackle complex challenges and work alongside top leaders? Do you want to be part of a team that delivers outcomes that others simply can't? If so, you've come to the right place. Who You'll Work With You'll work in our Miramar or New York office as part of our global Procurement Department (sourcing/contracts and purchasing teams), reporting to the Senior Manager of Sourcing & Contracting. While category management will identify value, our procurement department ensures that sourcing secures it while purchasing maintains it through critical controls. You'll design and implement the source to contract process, determining which aspects are outsourced or automated to enhance efficiency. You'll manage the intake of sourcing activities from category management and ensure the seamless outtake of contracts to purchasing for execution. You'll oversee day-to-day operations, embedding regulatory adherence through well-designed processes, targeted training, and supplier due diligence. You'll also focus on continuous improvement by leveraging automation and technology/AI to optimize sourcing and contracting workflows. You'll collaborate with cross-functional teams, ensuring compliance with internal policies and industry standards while driving the sustainable value of sourcing and contracting activities. Your impact within our firm You will design and map the end-to-end source to contract process, ensuring a clear definition of roles, process steps, and handoffs while determining and implementing digital enablement initiatives that enhance process efficiency and effectiveness. This will include strategically assessing and deciding which process parts should be outsourced or automated. You will lead the implementation of the source to contract process, ensuring seamless integration and execution from category management to sourcing through contracting and purchasing. As global process owner for contract lifecycle management, you'll develop and realize scalable, streamlined, and compliant contracting processes supported by technology/AI for supplier relationships, aligned with firm goals and regulatory standards. You will drive regulatory compliance by embedding supplier due diligence, implementing critical source-to-pay (S2P) processes, and providing targeted training to relevant stakeholders. You will foster strong partnerships, align on shared objectives, syndicate vision, and educate key leaders across departments, including category management, finance, legal, cybersecurity, social responsibility, risk, and compliance. In this role, you will continuously evaluate and optimize the process, driving improvements through the adoption of automation, AI, and best practices to enhance operational performance. Also, you will monitor and optimize key performance indicators for the source-to-contract services delivered to ensure that business objectives are met. #LI-MP Your qualifications and skills University degree preferably in STEM/Supply Chain; MBA or advanced degree preferred 7+ years of relevant professional experience with at least 3-5 in category management Extensive experience managing and optimizing S2P processes and systems, ensuring seamless procurement operations, transparency, and effective spend management Strong expertise in Sourcing Steps and Processes (examples: Conducting Spend Analysis, Clean Sheet, Total Cost of Ownership and Cost Breakdown Analysis, Sourcing Strategy Development, Product/ Services Requirements and features Mapping, RFP Excellence, Business Case development, and outstanding ability to Negotiate); knowledge of technology solutions that digitize and automate Sourcing Processes is highly valued Strong understanding of business operations and financial principles, with the ability to assess market trends, develop budgets, and make data-driven decisions to achieve business objectives Strong knowledge of regulatory frameworks and compliance requirements, ensuring all business operations and processes adhere to legal and industry standards Strong expertise in Procurement/Sourcing outsourcing and driving maximum value from Business Process Outsourcing [BPO's] suppliers Excellent ability to apply experience and knowledge to transformational improvements, influence others with knowledge and skills, and demonstrate outstanding change management, project management, and communication skills Experience influencing senior leadership in a consensus-based culture, able to drive change, meet deadlines, and inspire confidence among senior leadership Experience with supplier performance management is highly valued Excellent communication and interpersonal skills in English, with the ability to work across functions at all organizational levels Mastery of Excel and PowerPoint Please review the additional requirements regarding essential job functions of McKinsey colleagues. Apply Now Apply Later FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law. Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range is $152,300 - $203,000 USD -to help you understand what you can expect. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance. Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off. FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites. Job Skill Group - CSSA Job Skill Code - MPC - Procurement Manager Function - Firm Administration Industry - High Tech Post to LinkedIn - Yes Posted to LinkedIn Date - Thu Oct 24 00:00:00 GMT 2024 LinkedIn Posting City - LinkedIn Posting State/Province - LinkedIn Posting Country - LinkedIn Job Title - Manager, GPO Source-to-Contract Operations LinkedIn Function - LinkedIn Industry - LinkedIn Seniority Level -