Tiffany & Co.

  • Analyst, Strategic Sourcing

    Location US-NY-New York
    Posted Date 3 months ago(11/27/2019 10:34 AM)
    Req #
  • Overview

    Supports the jewelry manufacturing supplier sourcing, contracts and vendor relationship management to meet management’s master acquisition plan. Provides input and analysis to support the development and onboarding of manufacturers, and in turn support overall supplier strategy  



    • Supports Make vs. Buy supplier selection activities based on detailed knowledge of supplier capabilities, performance history, etc
    • Initiates the new product development process in coordination with divisional counterparts, and manages and negotiates new product costs throughout the development process.
    • Communicates with divisional counterparts to meet function’s overall strategy and needs and ensure procurement's ongoing value contribution.
    • Works with management to seek cost reduction and process improvement opportunities – engages suppliers in the process.
    • Helps to complete the execution of category management strategies and activities and of strategic sourcing process and approaches for assigned categories/sub-categories.
    • Partners with vendor compliance, manager and director on all corporate social responsibility initiatives and goals.
    • Ad hoc projects as assigned


    Metrics and Analysis

    • Leads the Request for Proposal (RFP) process for category to continuously evaluate supply base and identify additions / phase-outs, analyzes results and makes recommendations
    • Continuously supports the management of category benefits and other key performance metrics such as tracking against savings goals for the department, reporting on new product cost avoidance, etc.
    • Conducts up to date supplier market analysis, category analysis and category risk analysis.
    • Develops and maintains supplier scorecards.


    Project Management

    • Plans category strategies and plans and conducts sourcing projects by engaging stakeholders and the required cross-functional resources for smaller spend sub-categories.
    • Works with cross functional project teams such as New Product Development to achieve optimal timing for new product launches.
    • Other Ad hoc projects and duties as assigned.


    • Ensures effective risk and compliance management with regards to category management.


    Leadership and Staff Development

    • Through professional presence and behaviors, inspire trust and integrity. Influence staff members at all levels through coaching, team-building and relationship building with business partners.


    Required Qualifications 

    • Minimum of 1-2 years of relevant experience
    • Project Management Leadership experience 
    • 1+ years of Demonstrated experience leading category management or strategic sourcing initiatives
    • Bachelor’s degree
    • Advanced MS Office computer skills – specifically Excel and Access
    • Strong organizational, verbal communication, writing and negotiation skills
    • Problem-solving and analytics skills, strong work ethic
    • Ability to be flexible and adapt to changing priorities
    • Willing to work flexible hours to support deliverables and multiple priorities

    Preferred Qualifications 

    • Master’s degree
    • High-end jewelry manufacturing experience
    • Conversational communication skills in a second language
    • Professional qualification / certification from related professional body, (ISM – CPM / CPSM, APICS)


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