Position SummaryWhat you'll doDrives the execution of multiple business plans and projects by identifying customer and operational needs; developing and communicating business plans and priorities; removing barriers and obstacles that impact performance; providing resources; identifying performance standards; measuring progress and adjusting performance accordingly; developing contingency plans; and demonstrating adaptability and supporting continuous learning. Provides supervision and development opportunities for associates by selecting and training; mentoring; assigning duties; building a team-based work environment; establishing performance expectations and conducting regular performance evaluations; providing recognition and rewards; coaching for success and improvement; and ensuring diversity awareness. Promotes and supports company policies, procedures, mission, values, and standards of ethics and integrity by training and providing direction to others in their use and application; ensuring compliance with them; and utilizing and supporting the Open Door Policy. Ensures business needs are being met by evaluating the ongoing effectiveness of current plans, programs, and initiatives; consulting with business partners, managers, co-workers, or other key stakeholders; soliciting, evaluating, and applying suggestions for improving efficiency and cost-effectiveness; and participating in and supporting community outreach events. Category Strategy and Management: Identify savings opportunities and plan, make recommendations, and execute for high-spend, complex, mature categories. Ensure delivery against business goals by making recommendations to reduce risks to the business. Review category segmentation and suggest optimization based on category needs and changes. Assess plan effectiveness and adapt based on performance and industry and category trends. Build business cases as needed to influence leadership on category strategy. Develop and track supplier performance metrics and influence supplier selection. Recommend process changes as required. Build Total cost of ownership / cleansheet models and make informed buying decisions. Source Selection: Gather supplier intelligence to understand changes in industries and products. Position category for future source selection and business allocation based on supplier intelligence. Make recommendations to mitigate risks in more complex local and global supply chains. Manage complex events and complex categories and drive cost efficiencies. Execute multiple business plans and projects simultaneously. Create appropriate RF(x) application (for example, auction, proposal). Deliver various financial modeling options. Conduct financial analysis of complex total ownership and landed cost scenarios. Recommend measures for risk mitigation related to sourcing selections. Problem Solving: Lead problem-solving efforts for complex and ambiguous problems, question assumptions, and identify potential consequences and risk levels. Use varying problem-solving approaches and techniques as needed. Devise and make recommendations and guide implementation of corrective and preventive actions for complex issues. Collaborate with stakeholders across multiple functions to drive the recommended solutions. Utilize expertise to proactively anticipate and prevent problems. Data & Digital Literacy: Evaluate and communicate requirements for advanced analytical tools to the appropriate teams for development. Apply advanced analytics techniques to enable real-time decisions and data-led actionable insights and ability to deploy appropriate models for analysis. Define policies for data governance and creates techniques to validate data quality. Identify potential challenges and introduces new technologies while planning for effective change management. Partner with Data Science teams to build, test, and implement solutions in support of financial objectives. Financial Acumen: Understand business choices and impact on financials. Assess financial realities, identify key opportunities, track financial performance, and forecast future changes to mitigate risks in the area of responsibility. Perform advanced analyses to make informed decisions and implementation plans to maximize return. Develop business centric solutions that align to strategy and enable performance optimization. Communicate the business level impact to diverse audiences and ensure understanding. Negotiation: Conduct range of negotiations for the business area. Assess and lead fact-based decisions in high-risk situations and educate others on negotiation strategies. Mitigate and resolve disagreements by proactively anticipating objections and adjusting negotiating approaches. Adhere to and coach others on company and regulatory retailer-supplier relationship processes, values, and policies. Mitigate risks through due diligence. Seek guidance on and escalates complex legal and/or regulatory issues as needed. Distribute verbal and written communication to counter other parties' position and set foundational structure for desired outcome. Contract Management: Interpret, advise, and review contract terms, conditions, and deliverables and work with suppliers to establish delivery plans. Support the drafting of non-standard, custom contracts for large-scale contracts. Identify risks between multiple contract clauses, apply contractual remedies, and enforce contracts as needed. Support in implementing changes resulting from new or modified laws and regulations. Advise on the exercise of extension options, contract expiry, and transition management. Supplier Relationship Management: Implement strategies to identify and develop new and emerging suppliers to close technical, cost, or performance gaps. Develop and maintain supplier relationships through structured management processes and effectively engage with supplier account teams across multiple business lines. Conduct regular supplier business reviews and develop strategies to improve supplier performance. Leverage supplier relationships to manage risks, address issues, and ensure contract requirements are delivered. Serve as escalation contact for major issues with supplier performance. Influential Communication: Lead discussions with varying viewpoints. Present to and influence diverse audiences across divisions using appropriate frameworks and tools. Leverage fact-based data and analytics insights from multiple finance and business domains to build a cohesive narrative, form an argument, organize thoughts, and present in a clear and concise way. Demonstrate decision and coordination skills when faced with conflicting or ambiguous inputs. Act as a trusted advisor to diverse business partners, influencing them to act as needed to move the business forward. Provide respectful, effective, timely feedback to others. Seek, internalize, and utilize feedback to make changes. Live our ValuesCulture Champion : Models the Walmart values to foster our culture; holds oneself and others accountable; and supports Walmart's commitment to communities, corporate social responsibility, and sustainability; maintains and promotes the highest standards of integrity, ethics and compliance. Live our ValuesServant Leadership : Acts as an altruistic servant leader and is consistently humble, self-aware, honest, and transparent. Embrace ChangeCuriosity & Courage : Demonstrates curiosity and a growth mindset; fosters an environment that supports learning, innovation, and intelligent risk-taking; and exhibits resilience in the face of setbacks. Embrace ChangeDigital Transformation & Change : Seeks and implements continuous improvements and encourages the team to leverage new digital tools and ways of working. Deliver for the CustomerCustomer Focus : Delivers expected business results while putting the customer first and consistently applying an omni-merchant mindset and the EDLP and EDLC business models to all plans. Deliver for the CustomerStrategic Thinking : Adopts a holistic perspective that considers data, analytics, customer insights, and different parts of the business when making plans and shaping the team's strategy. Focus on our AssociatesDiversity, Equity & Inclusion : Identifies, attracts, and retains diverse and inclusive team members; builds a high-performing team; embraces diversity in all its forms; and actively supports diversity goal programs. Focus on our AssociatesCollaboration & Influence : Builds strong and trusting relationships with team members and business partners; works collaboratively and cross-functionally to achieve objectives; and communicates with energy and positivity to motivate, influence, and inspire commitment and action. Focus on our AssociatesTalent Management : Creates a discipline and focus around developing talent, promotes an environment allowing everyone to bring their best selves to work, empowers associates and partners to act in the best interest of the customer and company, and regularly recognizes others' contributions and accomplishments.At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.For information about PTO, see https://one.walmart.com/notices .Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.For information about benefits and eligibility, see One.Walmart .The annual salary range for this position is $90,000.00-$180,000.00Additional compensation includes annual or quarterly performance bonuses.Additional compensation for certain positions may also include:
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Minimum QualificationsOutlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.Option 1: Bachelor's degree in business, supply chain, economics, technology, or related field and 5 years' experience in procurement strategy, contract management, analytics, or related field. Option 2: 6 years' experience in procurement strategy, contract management, analytics, or related field and 2 years' experience leading cross-functional teams/projects.Preferred QualificationsOutlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.Certified Purchasing Manager or related purchasing manager certification, Experience with cross-functional teams, Master's degree in business or related field, Supervisory experiencePrimary Location2608 Se J St, Bentonville, AR 72712, United States of AmericaWalmart, Inc. is an Equal Opportunity Employer- By Choice. We believe we are best equipped to help our associates, customers, and the communities we serve live better when we really know them. That means understanding, respecting, and valuing diversity- unique styles, experiences, identities, abilities, ideas and opinions- while being inclusive of all people.
