Manager, Strategic Cost - Sourcing Analysis

Location (hybrid schedule)1390 Enclave PkwyHouston, TX 77077Job SummaryThe Manager, Strategic Cost is responsible for driving cost control and enhancing profitability across the organization. This position is expected to develop strategies and provide analytical support for net cost reduction and cost increase mitigation activities. The candidate is adept at leveraging market trends and cost models to produce insights for fact-based decision-making and supplier net cost negotiations. The role is viewed as a subject matter expert for category-specific commodities and cost models.Duties and ResponsibilitiesCost ModelingDevelop comprehensive cost models which closely reflect supplier input cost volatilityWork closely with suppliers to acutely understand cost structuresContinuously maintain and refine cost models to ensure cost component alignment with production enhancements and contract changesDevelop a fundamental understanding of the manufacturing process for specific product groupsEducate and gain alignment with suppliers on cost component eligibility for pricing actionSupplier NegotiationsSupport Merchants with fact-based market intelligence in supplier negotiationsCreate detailed negotiation insights and benefit targets for SourcingReview contracts to understand supplier cost change dynamics and develop strategies for proactive increase and decrease activitiesCreate customized cost breakdown templates for RFPsBuild working relationships with suppliers that promote transparency and partnershipCross-Functional CollaborationLead cost risk and opportunity meetings with MerchantsRegularly provide comprehensive cost change analysis and recommendations to MerchantsProvide market insights to cross-functional teams (PGMO, RevMan, Merchandising, Sales) to facilitate proactive decision-makingAssist in benefit forecasting for sourcing events and supplier direct negotiationsAdvise Merchandising on market relevance of supplier net costMarket IntelligenceUtilize third-party platforms for market insights and cost model frameworkLeverage cost models to recommend optimal timing windows for sourcing eventsMonitor and analyze commodity markets, industry trends, and supplier cost driversDevelop and present ad-hoc market analysis to internal stakeholdersServe as subject matter expert on category-specific commodities and cost modelsTranslate raw component market movements into actional net cost insightsPossess knowledge of macro-economic factors that influence market volatilityQualificationsEducationBachelor's degree preferred or applicable experience in merchandising, market intelligence, and supplier negotiationsExperience4 years of experience in merchandising preferred or equivalent combination of education and industry (food service or retail) experience3 years of experience in market intelligence and developing leadership reporting3 years of experience in fact-based negotiationsRequires excellent Microsoft Excel skills including lookups, pivot tables, and summarizing large data sets. Knowledge of Power Query and VBA a plusPrior experience working with relational database management systemsKnowledge of internal systems like CDM, RME, and Workday Strategic SourcingUnderstanding of supply chain principles and dynamicsUnderstanding of the dynamics of supply and demandAbility to effectively collect and use market data to provide actionable insightsExcellent verbal and written communication skillsBENEFITS INFORMATION:For information on Sysco’s Benefits, please visit https://SyscoBenefits.comOVERVIEW:Sysco is the global leader in foodservice distribution. With over 71,000 colleagues and a fleet of over 13,000 vehicles, Sysco operates approximately 333 distribution facilities worldwide and serves more than 700,000 customer locations.We offer our colleagues the opportunity to grow personally and professionally, to contribute to the success of a dynamic organization, and to serve others in a manner that exceeds their expectations. We’re looking for talented, hard-working individuals to join our team. Come grow with us and let us show you why Sysco is at the heart of food and service.