NEIMAN MARCUS GROUP

Neiman Marcus Group (NMG) has been the premier destination for luxury fashion and goods, superior service, and an elevated retail experience for more than a century. Today, 9,000 associates contribute to the success of NMG's brands: Neiman Marcus, Bergdorf Goodman, Last Call, and Horchow. There are 38 full-line Neiman Marcus stores in cosmopolitan markets across the United States and a sophisticated digital platform that attracts shoppers worldwide. Bergdorf Goodman operates two stores in landmark locations on Fifth Avenue in New York City and BergdorfGoodman.com, catering to loyal luxury customers globally. NMG also owns five Last Call stores and Horchow.com, an e-commerce site that offers premium furniture and home decor.

As an organization, NMG is on a transformational journey to become the preeminent luxury customer platform. NMG continues to deliver the best integrated customer experience and has evolved the business to succeed in the ever-changing retail landscape. NMG is a relationship business. What differentiates the organization from other luxury retailers are its unique assets: a strong store footprint, the most knowledgeable associates, an engaging online experience, solid brand partnerships, innovative digital and in-store experiences, the most loyal luxury customer base, and a strong balance sheet.

Our customers will always be at the center of everything NMG does. The company continues to reinvest in new technologies that enhance the customer experience. NMG meets customers where they are. NMG's goal is to offer customers a seamless experience across its stores, online, and remote digital selling.

NMG's priority is to develop a highly engaged and high-performing team where everyone belongs. The business attracts and retains best-in-class talent through unique offerings provided to associates in addition to standard employer benefits. These include an innovative way of working, associate discounts on merchandise, tuition reimbursement, associate hardship fund, and paid time off to volunteer, to name a few.

As part of NMG's Environmental, Social, Governance (ESG) work, the organization is focused on driving its core value of being "All Heart." NMG is also assessing its current environmental and social impact while developing a three-year plan to lead the luxury industry in its commitment and transparency to environmental and social sustainability. NMG strives to become an employer of choice, driven by a culture of Belonging. A dedicated team focuses on this journey, directly impacting how NMG conducts business throughout the workforce, workplace, and marketplace dimensions.

NMG has incredibly passionate and committed corporate and store associates. NMG offers associates an environment where everyone feels welcomed, nurtured, and empowered. Our associates are the heart of NMG. As an organization, NMG leads with love - love for customers, love for associates, and love for brand partners.

Job Summary

Collaborate with Store Operations partners to define category management and strategic sourcing plans. This position reports to the Director, Category Management and Spend Analytics.

Job Duties

Category Management and Strategic Sourcing

• Develop and Communicate category strategies, objectives and performance targets with management team and ensure that objectives are met
• Develop trusting relationships with the Store Operations team, stakeholders, and suppliers
• Prioritize and manage all strategic sourcing initiatives for category; coordinate efforts with support functions and provide direction to strategic sourcing specialist(s)
• Identify and conduct strategic sourcing activities including RFX, negotiations, and contracting
• Interact with cross-functional teams to ensure effective and collaborative sourcing decisions
• Liaise with business units to gather and standardize requirements
• Lead supplier negotiations and contract development

Supplier Management

• Manage SLAs for suppliers; track performance, mitigate risk, and develop contingency plans
• Engage in Supplier Relationship Management (SRM)
• Lead select supplier business reviews
• Serve as an escalation point when issues arise in regards to suppliers and / or with internal operational teams
• Drive cost reduction initiatives with suppliers within category or commodity area
• Engage the support of stakeholders using problem solving and proactive communication skills
• Ensure clear communication and documentation of delivery requirements and expectations

Analytics

• Assess and manage total cost of ownership for specific categories and suppliers

• Participate in category-specific budget / forecast development
• Perform / oversee spend analysis, cost savings tracking, data mining, and ad hoc reporting
• Develop market intelligence on supply base, own key vendor relationships based on assigned categories and monitor key strategies and vendors
• Provide recurring updates to business leaders of upcoming obligations, expiring agreements and savings opportunities
• Develop economic projections on key goods and services affecting the business

Job Requirements

• 4 to 6 years of relevant category management and sourcing with a focus on operations, MRO, and services
• Contract development competency with an understanding of key contracting terms and concepts
• Experience with contract management and spend analytics tools
• Strong understand of how to develop and implement category strategies
• Self-starter with entrepreneurial characteristics
• Proven ability to partner with multiple stakeholders to implement change
• Quantitative and qualitative analytical skills
• Communication and presentation skills
• Project management skills
• Networking skills
• Negotiation expertise
• Proficient in Microsoft Office Suite