Sr. Manager, Contract Sourcing at Herbalife in Torrance, California

Job Description:

POSITION SUMMARY STATEMENT:

The Sr. Manager, Contract Sourcing is responsible for the design and implementation of the Herbalife Global Strategic Sourcing Contracts Program for GSS departments worldwide. This position will  support GSS corporate and regional teams in the development and execution of annual and multi-year supply agreements, service agreements, pricing agreements, agreement renewals, statements of work, NDAs, etc.

On a global basis, the Sr. Manager serves as a strategist, internal business consultant, process driver, subject matter expert, stakeholder, supplier interface, and interface to Herbalife Legal department, Privacy department, Risk management department, GTS department, Cyber Security department and all other internal stakeholders specific to development, execution, monitoring, maintenance, metrics reporting, and interpretation of procurement related contracts. This position will  manage processes that initiate, negotiate, execute, monitor, and report on status of procurement related contracts and the performance metrics associated with them. This position will guide and design automation of the contract management process. This position contributes to global contract strategies, manages cross-functional teams, and ensures compliance with relevant policies and procedures.

DETAILED RESPONSIBILITIES/DUTIES: 

• Monitor industry and bring strong business practices that improve overall performance of the company and department.


• Quickly comprehend global business deals, provide strategic input, and effectively tailor the agreements to better meet Herbalife’s objectives, mitigate risk to Herbalife, and drive value.


• Develop and apply solutions to complex problems requiring a high degree of ingenuity, creativity, and innovation.


• Review complex domestic and international contracts for compliance with particular focus on identification and mitigation of contract content and execution risk.


• Optimize contract development and execution workflow on both a manual and automated level (leveraging contracts management software tool).


• Provide direct supervision and oversight to GSS contracts staff


• Support regional staff in the development and execution of contracts to meet local laws and regulations.   


• Eliminate or tightly control contract backlog.


• Ensure contracts processing KPI’s/throughput goals are met.


• Lead/achieve contract dispute resolution.


• Identify/realize cost savings, customer service, and process improvement opportunities.


• Maintain updated policies and procedures for GSS contracts.


• Perform additional duties as assigned.

REQUIRED QUALIFICATIONS:

Skills:

• Demonstrated leadership skills as well as teamwork collaboration; aligns work with people


• Excellent interpersonal, written, and verbal communication skills


• Ability to try new approaches and helps others through changes


• Demonstrated high ethical standards. 


• Ability to work well with other teams/colleagues regardless of different points of view.


• Strength in building relationships and strategic alliance; creates the right environment for teamwork.


• Effectively brings complex negotiations to a successful conclusion


• Consistently achieves timely, desired results through proactive prioritization and project management.


• Results oriented with the ability to work independently


• Ability to work with all levels of management


• Advanced computer skills (Microsoft Excel, Word, PowerPoint, Outlook)


• Understanding and application of managerial concepts and techniques in areas such as project/change management, idea creation, coaching and cross-team effectiveness


• Strong understanding of global contract development

Experience:

• 8 – 10 years contracts development experience


• Demonstrated record of managing or supporting relationships with suppliers that has led to consistent success in development and execution of supplier contracts

Education:

• Bachelor’s Degree