Company :
US6469 Sysco Payroll, Division of Sysco Resources Services, LLC
Sales Territory : None
Zip Code : 77077
Travel Percentage :
COMPENSATION INFORMATION :
The pay range provided is not indicative of Sysco's actual pay range but is merely algorithmic and provided for generalized comparison. Factors that may be used to determine rate of pay include specific skills, work location, work experience and other individualized factors
Job Summary
The Strategic Cost Manager 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 Responsibilities
Cost Modeling
- Develop comprehensive cost models which closely reflect supplier input cost volatility
- Work closely with suppliers to acutely understand cost structures
- Continuously maintain and refine cost models to ensure cost component alignment with production enhancements and contract changes
- Develop a fundamental understanding of the manufacturing process for specific product groups
- Educate and gain alignment with suppliers on cost component eligibility for pricing action
Supplier Negotiations
Support 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 Collaboration
Lead 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 Intelligence
Utilize 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 volatilityQualifications
Bachelor's degree preferred or applicable experience in merchandising, market intelligence, and supplier negotiationsExperience
4 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 skillsWork Environment
This position will be performed at the GSC (hybrid schedule)The noise level in the work environment is usually moderateBENEFITS INFORMATION :
For information on Sysco's Benefits, please visit
OVERVIEW :
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.
AFFIRMATIVE ACTION STATEMENT :
Applicants must be currently authorized to work in the United States.
We are proud to be an Equal Opportunity and Affirmative Action employer, and consider qualified applicants without regard to race, color, creed, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, disability, veteran status or any other protected factor under federal, state or local law.
This opportunity is available through Sysco Corporation, its subsidiaries and affiliates.