At Yum! Brands, we’re looking for a Strategic Sourcing Lead at Yum! to add to our dynamic and rapidly scaling team. We’re making this investment to help us drive competitive advantage in the marketplace by optimizing our spending and leveraging our global scale, “the power of Yum” with the end goal of creating competitive advantages for our restaurants around the globe. We’re looking for a Strategic Sourcing Lead who will own one or more specific subcategories and take a strategic approach to understanding complex, ambiguous requirements, driving to business consensus and negotiating and securing the best deals. The Strategic Sourcing Lead will leverage their success to develop solid relationships with stakeholders and suppliers in assigned subcategories
The ideal candidate will be responsible for defining and leading the subcategory strategy and complex negotiations for all Yum! Brands. The Sourcing Lead will develop and maintain a deep knowledge base and understanding of vendor spend across all of our brands. This is both a strategy and execution role that will require defining strategic business requirements and executing cross-functional collaborative negotiations across brands. The Sourcing Lead will have global leadership for subcategory sourcing and drive high impact initiatives across assigned spend and strategic supplier relationships to deliver our category vision with speed and efficiency.
Salary Range: $108,000 - $120,000 annually + bonus eligibility. This is the expected salary range for this position. Ultimately, in determining pay, we'll consider the successful candidate’s location, experience, and other job-related factors.
Responsibilities:
As a Strategic Sourcing Lead, you will:
Conduct critical spend analysis across brands to develop a category plan and identify and execute strategic sourcing project pipelines for the respective spend in your assigned category. Create and execute an annual category strategy that yields measurable year-over-year improvement in cost and quality to support ongoing business and new strategic priorities. Utilize the strategic sourcing process and Procurement tool to execute the defined process. Create executive level presentations to quantify both the potential benefits of planned strategic sourcing projects and document strategic sourcing results. Conduct strategic business reviews with senior executive level stakeholders and strategic suppliers to ensure suppliers are performing to contracted obligations and service levels. Collaborate with Yum! Brands legal to complete supplier contracts.Skills and Qualifications:
7+ years of overall business experience with at least 3 years in supply chain or Strategic Sourcing. Experience with retail, service, multi-outlet food and beverage or digital and technology highly preferred. Postgraduate (MBA) qualification highly regarded. A proven track record of strong leadership, business acumen and strategic thinking in conjunction with outstanding abilities to drive results. High level negotiating and high-level analytical problem-solving skills. Excellent interpersonal skills and global team membership experience while achieving revenue, profit and growth targets. Excellent communication skills with the ability to liaise with other departments, suppliers and franchisees. High work ethic. Candidates with international mobility will be preferred.Benefits: Employees (and their eligible family members) may enroll in the following types of insurance coverage: medical, dental, vision, legal, and accidental death and dismemberment, as well as FSA/HSA (depending on enrolled medical plan). Yum! also provides short-term disability, long-term disability, and life insurance. Employees may enroll in our 401(k) plan. Yum! provides 4 weeks of vacation, paid sick leave, 10 paid holidays, a floating day off and 2 paid days for volunteer time each calendar year. To learn more about working at Yum! -Click here.
At Yum!, one of our core values is to Believe in ALL People. This means seeing the value in everyone and unlocking their full potential to be their best self. YUM! Brands, Inc. (including its subsidiaries Yum Restaurant Services Group, LLC (“YRSG”) and Yum Connect, LLC (“Yum Digital and Technology”)(collectively, “Yum”) is proud to be an equal opportunity employer and is committed to equity, inclusion, and belonging for all dimensions of diversity. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other protected characteristic. Yum! is committed to working with and providing reasonable accommodation to applicants with disabilities or special needs.
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This posting will be open for a minimum of two weeks. Applications will be accepted on an ongoing basis until a candidate is selected.