Identify and leverage corporate purchasing power within various assigned sourcing commodities. Partner with internal business units to improve quality of procurements, sourcing penetration and Procurement contribution. Engage customers in a managed selection process. Manage/facilitate contracting and negotiation process to ensure contractual protection. Provide proactive sourcing support to business units to drive cost reduction and operational efficiencies.
Primary Responsibilities
Work with internal business units to administer contracts that are more tactical in nature, such as renewals, extensions, licenses, terminations, NDAs, and occasional SOW's, MSA's, etc.
Guide sourcing projects within overall acquisition strategy. Collaborate with business and internal support partners, i.e. Legal, Compliance and Vendor Management to assist in the process.
Utilize Workday to assist businesses in creating requisitions and issue purchase orders
Summarize contracts / projects in preparation for submission to leadership for approval to execute.
Develop and manage relationships with internal business units.
Drive early engagement, sourcing penetration, customer compliance and "business-partner relationship status with assigned Business Units.
Identify opportunities to drive savings when available.
Recommend / Refine current sourcing strategy practices and protocols.
Define sourcing / contracting processes to customers where needed.
Develop supplier evaluation and selection criteria, in assigned spend categories as part of agreed procurement strategy.
Monitor category trends and conduct market research as needed.
Manage negotiation process with suppliers jointly with the Business Customer.
Overall, manage all aspects of assigned clients / categories / contracts.
KEY ATTRIBUTES
Individual must demonstrate creativity, integrity, and innovation.
Individual must be analytical and detail oriented
Individual must be an effective change agent.
Individual must consistently demonstrate quality customer focus and leadership.
Individual must be a self starter, assertive and team player.
Individual must be an effective problem solver.
Individual must possess excellent written and oral communication skills.
Individual must possess the ability to effectively engage at all levels of the organization.
KNOWLEDGE
Must have a strong background and knowledge of sourcing processes and best practices.
Must have a strong understanding and experience in working with a large supply base.
Must have knowledge of contracts and negotiation tactics.
Must have an understanding and commitment to the continuous business improvement process.
Must understand the Business needs and requirements for assigned procured goods and services.
Skills
Individual must be capable of working closely with internal customers, cross-functional teams, business units, support partners and suppliers must be a team leader/player.
Individual must be an effective planner and organizer.
Individual must have the ability to manage multiple projects and tasks effectively.
Individual should have the ability to communicate effectively with customers, business units and suppliers.
Individual must have the analytical ability to develop and execute tactical plans.
Individual must possess strong financial skills and knowledge of business law is helpful.
Job Requirements
Minimum 5 years sourcing / buying experience
Strategic sourcing, supplier / category management and compliance management a plus
Financial Services experience a plus
Professional Procurement Qualification a plus
4 Year College Degree
Experience working with eProcurement / eSourcing systems preferred, Workday ideal
Leading project team experience desirable
IT sourcing experience desirable but not required
Seniority level
Entry level
Employment type
Contract
Job function
Purchasing and Supply Chain
Industries
Financial Services
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