Senior Strategic Sourcing Manager Who are we looking for? Choice Hotels, one of the world’s largest lodging franchisors, has an exciting new opportunity as our Senior Strategic Sourcing Manager on the Strategic Sourcing Team. The Strategic Sourcing Team leads various strategic sourcing initiatives for the organization, focusing on driving cost savings, managing supplier relationships, and optimizing procurement processes while maintaining compliance with Choice purchasing policies. As a key member of our Strategic Sourcing Team, you will assist with daily tasks regarding strategic sourcing, contract negotiations, and category management. Are you a seasoned procurement professional who works well under pressure, can manage multiple priorities simultaneously, and can communicate effectively? We invite you to apply today for our Senior Strategic Sourcing Manager role today and #MakeItYourChoice. Your Responsibilities Strategic Sourcing + Assist in development and implementation of strategic sourcing strategies within the Choice corporate functional teams with a focus on increasing productivity, identifying cost savings opportunities and optimizing company-wide spend. + Create and improve efficiencies within the business unit generating buying power and identifying reduction in costs. + Act as the subject matter advisor for assigned categories collaborating with business owners, management, and other subject matter experts to develop category strategies Contracting and Procurement Governance + Draft, review, and negotiate contract agreements, including MSA commercial terms, SOWs, Order Forms, etc., ensuring compliance with company policies and legal requirements. Spend Analysis + Conduct detailed spend analysis to identify cost-saving opportunities and support budgeting and planning processes. Category Management + Assist in development and implementation of collaborative category management plans, providing senior management with visibility on risks, total cost of ownership, key operational achievements, and measurable deliverables. + Ensure suppliers contracts contain provisions which enables them to be managed effectively through performance monitoring against key performance indicators (KPIs), service level agreements (SLAs), benchmarking, contract management, and negotiations. Vendor Negotiations + Create and execute strategic vendor negotiation plans + Manage sourcing and supplier engagement activities such as RFx, competitive bid/proposal analysis, contract development and negotiations, risk assessments and mitigation, and ongoing strategic supplier relationships and performance management. Process Optimization + Optimize internal processes, workflows, and interfaces to improve category-specific measures of productivity, efficiency, and effectiveness (e.g., savings, process cycle time, leveraging spend). Leadership & Mentorship + Provide indirect leadership and mentorship to junior team members fostering a culture of continuous improvement and professional development. Your Experience, Skills & Competencies + Bachelor’s degree in Business Administration, Supply Chain Management, or a related field; MBA or relevant certification (e.g., CPSM, CIPS) preferred but not required. + Minimum 7-10 years of experience in strategic sourcing, procurement, or supply chain management, with a proven track record of success in a senior role. + Strong negotiation, contract management, and analytical skills + Excellent communication and interpersonal skills, with the ability to build and maintain relationships with internal stakeholders and external suppliers. + Proficiency in procurement software and tools, as well as Microsoft Office Suite. + Ability to work independently and as part of a team, managing multiple priorities in a fast-paced environment. Your Team This is an individual contributor role that will report to the Director, Strategic Sourcing. You will have 1 peer teammates and collaborate with cross functional departments on a regular basis. Your Work Location As our Senior Strategic Sourcing Manager, you will be based in our beautiful, state-of-the-art worldwide corporate headquarters in North Bethesda, MD. Less than 15 miles from Washington, DC, we’re located one block away from the North Bethesda Metro station, with service on the Red Line and the MARC Brunswick line, easy access to I-270, and plenty of free parking provided by Choice Hotels. Right now, our associates in corporate headquarters are working in a hybrid environment, up to 4 days per week in the office and virtually from your home office the remaining days. We provide flexibility and encourage ongoing communication with your leadership to establish expectations about your unique needs. Salary Range The salary range for this position is $129,723 to $145,000 annually. In addition to the annual salary, this role is eligible for an annual bonus based on the terms of Choice's Management Incentive Plan (MIP). The pay range listed is for this position and is what Choice Hotels reasonably expects to pay. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the pay range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs. Choice prioritizes our associate wellbeing by offering a comprehensive benefits program that is both competitive and flexible to help you achieve your wellbeing goals - here are just a few: · Competitive compensation and benefits, including medical, dental, and vision coverage · Leave and paid time-off for holidays, vacation, personal, family, volunteer, sick, jury duty, bereavement, military, and religious observance · Financial benefits for retirement and health savings · Employee recognition programs · Discounts at Choice hotels worldwide About Choice Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. With nearly 7,500 hotels, representing nearly 630,000 rooms, in 46 countries and territories, with a range of high-quality lodging options from limited service to full-service hotels in the upper upscale, upper mid-scale, midscale, extended-stay, and economy segments. We’re the hotel company for those who choose to bet on themselves – the underdog, the dreamer, the entrepreneur – because that’s who we are, too. At Choice, we are united by the simple belief that tomorrow will be even better than today – for associates, our company, and our franchisees. At our worldwide corporate headquarters in North Bethesda, MD and St. Louis Park, MN as well as our technology center in Scottsdale, AZ, and through our associates around the globe, every voice is heard, and every idea is listened to, no matter what area of the company they come from. We are united in supporting the entrepreneurial dreams of our more than 18,000 franchise owners, which propels us forward – giving our work at Choice a purpose larger than our business. Ability to model Choice’s Cultural Values: Welcome and Respect Everyone, Be Bold, Be Quick, Listen, Be Curious and Show Integrity.