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Note: The job is a remote job and is open to candidates in USA. Five Below is a vibrant company focused on providing an amazing experience filled with unlimited possibilities. They are seeking a Senior Procurement Manager for IT/Digital to manage supplier relationships, negotiate contracts, and optimize supplier performance while collaborating with internal stakeholders to ensure effective procurement practices.
Responsibilities
Manage suppliers and stakeholder to determine specifications and requirements for information technology and digital, including SaaS, hardware and software, telecommunications, ERP, and maintenance.
Source suppliers and negotiate contractual terms and conditions.
Conduct in-depth market research to identify potential vendors, assess their capabilities, and stay ahead of industry trends.
Lead negotiations with vendors to secure optimal pricing, terms, and service levels, leveraging your extensive experience to maximize value for the organization.
Collaborate closely with internal stakeholders across departments to understand their needs, address concerns, and advocate for effective procurement practices.
Interview potential suppliers and determine if supplier is qualified to produce and/or supply products or services. Includes a review of supplier's production capability, ability to meet deadlines, and financial background.
Set up, track and monitor vendor performance, pricing, and contracts to ensure ongoing service level and competitiveness reducing expenses and improving effectiveness. Work with supplier during testing of the product or service. Coordinates and communicates company recommendations and revisions for the product or service.
Serve as a Subject Matter Expert of the IT/Digital market as well as Five Below’s sourcing and spend.
Manage and optimize supplier performance including contract compliance, continuous improvement, innovations, and reduction in total cost of ownership.
Project management - working with suppliers and cross functional teams. Educate, consult, and influence IT and business stakeholders to understand and follow Five Below’s procurement and purchasing program and processes.
Team management and leadership.
Skills
Experience: 8+ years procurement or strategic sourcing experience. IT and digital market landscape knowledge required.
Strong organizational and presentation skills, ability to prioritize and maintain accountability, understanding of legal aspects, negotiation skills, procurement terminology, cost analysis, and government regulations.
Demonstrated experience sourcing materials and services for major projects in a fast-paced environment.
Exceptional communication and interpersonal skills, with the ability to collaborate effectively across all levels of the organization.
Education Requirements
Education: Bach/4 Yr Degree; MBA or equivalent advanced degree preferred.
Benefits
Health coverage
Financial and personal wellness
Company Overview
Five Below, Inc. operates a chain of retail stores in the United States. It offers sporting goods, games, wearables and jewelry, It was founded in 2002, and is headquartered in Philadelphia, Pennsylvania, USA, with a workforce of 10001+ employees. Its website is http://www.fivebelow.com.
Company H1B Sponsorship
Five Below has a track record of offering H1B sponsorships, with 8 in 2025, 5 in 2024, 13 in 2023, 15 in 2022, 7 in 2021, 3 in 2020. Please note that this does not guarantee sponsorship for this specific role.
