Category Manager
Company: MassMutual
Location: Hartford
Posted on: April 24, 2024
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Job Description:
We have 3 Category Manager positions open on 3 different teams-
Marketing, Annuities & 3rd party Distribution, Enterprise Risk
Management & Sustainability Full-Time Boston, MA, Springfield, MA
The Opportunity Do you thrive in a fast-paced environment where you
have wide latitude to make impactful decisions? Does the idea of
working closely with Stakeholders to help achieve their goals and
initiatives to further the organization's mission interest you? Do
you enjoy a role that offers a wide variety of responsibilities,
and "something new every day"? On the MassMutual Procurement team,
we have a goal to enable MassMutual's mission and vision by
providing the right supplier solution at the right time. Our
mission is to streamline the procurement process, align supplier
partners to meet business needs and continuously increase the value
provided to our policyholders. As a Category Manager, you will be
responsible for managing all elements of MassMutual's category
strategy for your assigned area. This will include the design,
development, and oversight of a category plan (strategy). You will
also serve as the lead contact between key business executives and
procurement, understanding their strategy and aligning your
category strategy appropriately. You will serve as the procurement
expert for your category, partnering across the business and with
other procurement functional areas including strategic sourcing,
supplier diversity, and procurement operations. A strong mix of
analytic, strategic vision, and communication skills will ensure
your success. You will partner closely with teams in the MassMutual
Procurement Organization and cross-functional stakeholders to
ensure that our supplier relationships are being optimized across
multiple facets including innovation, value realization, continuous
improvement, and risk mitigation. In this role, as well as all
roles within MassMutual, you will demonstrate accountability,
agility, a dedication to be inclusive, a strong business acumen,
and will show courage, even in the most difficult situations. We
also highly value strong communication skills, a passion for
learning, leadership traits, resilience and self-awareness. The
Team The team is comprised of seasoned, collaborative professionals
with experience in procurement, category management, supplier
management, and sourcing. The broader procurement team in a rapidly
developing and growing group of procurement professionals who are
excited about transformation and improving procurement. The Impact
Develop and execute complex category and supplier strategies
aligned with business goals and budgetary targets Responsible for
managing key supplier relationships Ensures that services and
products meet the strategic needs of stakeholders. Participates in
the negotiation process of service level agreements and ensures
that contractual obligations are met Champion third party risk
management process compliance and Supplier Diversity Create and
monitor category budgets, as appropriate Explore supplier and
market opportunities to improve upon current spending Actively
engage internal stakeholders across the enterprise to ensure
frequent communication and alignment on overall MassMutual supplier
management strategies and strategic supplier specific strategies.
Guide Procurement in preparation for and facilitating of contract
negotiations and oversee the overall contracting process from a
supplier experience and quality standpoint Lead supplier onboarding
and offboarding activities, as well as managing appropriate
supplier specific ongoing monitoring plans. Investigate on all
supplier issues by working with relevant internal stakeholders and
help the supplier to resolve issues efficiently Minimum
Requirements Bachelor's degree in Finance, Supply Chain Management
or related field 6+ years of procurement and/or sourcing experience
5+ years of applying general procurement value stream best
practices 5+ years of driving continuous improvements with
suppliers and their key performance indicators (KPIs) 5+ years in
applying effective category management and financial acumen skills
to influence positive company results 3+ years experience creating
and leading category strategy 3+ years of demonstrating an ability
to influence and encourage leaders from across the organization
towards positive supplier relationships, compliance and results
delivery Ideal Qualifications Strong financial acumen and
understanding of how effective category management relates to
company results Demonstrated verbal and written communication,
change management capabilities, business acumen, project management
and leadership skills Experience with research and analysis around
Procurement specific industry trends resulting in recommendations
and insights to stakeholder strategies Experience in large-scale
sourcing activities (RFPs) to realign suppliers in the category
Demonstrated verbal and written communication skills, change
management capabilities, business acumen, project management and
leadership ability Extensive experience negotiating agreements and
managing complex vendor / client relationships What to Expect as
Part of MassMutual and the Procurement Team: The desire to drive
change and improvement in the procurement function supporting our
mission to be a leading procurement organization Focused one-on-one
meetings with your manager Access to mentorship opportunities
Networking opportunities including access to Asian,
Hispanic/Latinx, African American, women, LGBTQ, veteran and
disability-focused Business Resource Groups Access to learning
content on Degreed and other informational platforms Your ethics
and integrity will be valued by a company with a strong and stable
ethical business with industry leading pay and benefits #LI-DM2
MassMutual is an Equal Employment Opportunity employer
Minority/Female/Sexual Orientation/Gender Identity/Individual with
Disability/Protected Veteran. We welcome all persons to apply.
Note: Veterans are welcome to apply, regardless of their discharge
status. If you need an accommodation to complete the application
process, please contact us and share the specifics of the
assistance you need.
Keywords: MassMutual, Hartford , Category Manager, Executive , Hartford, Connecticut
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