Sourcing Specialist
2 weeks ago
Team : MS Led / Supplier Led Sourcing,
Role
- Infosys JL: Sourcing specialist - 4B/4A,
Education : Bachelor’s Degree/MBA. Demonstrated academic achievement with qualifications in Information Technology, Engineering, Business, Economics, Mathematics, Law or Science.
Experience :
6 to 10 years of Technology Strategic Sourcing (not transactional) experience with a focus in Software at a global company
Category Management experience with an emphasis in Software, SaaS and Hosting including but not limited to various type of Software and related services including perpetual, term, subscription, and maintenance and support
6 to 10 years of Technology Procurement and Contract Management experience for leading large-scale, complex and/or regional/global categories of spend at the enterprise level. Experience negotiating and managing contracts (MSA and Commercial) for Software, SaaS, and Hosting agreements for a global organization.
The role will be responsible for leading the charge to evaluate new suppliers, to negotiate current contracts with an emphasis on price, terms, quality, and to execute on consolidation opportunities. This individual would work closely with key stakeholders across the organizations to develop effective cost optimization strategies and implementation plans.
Behaviors & Attributes :
Independent, self-motivated leader with a proven track record of proactively identifying process efficiencies, anticipating business needs, and implementing solutions across the organization
Demonstrated ability to build strong trusted relationships with senior internal stakeholders
Communicate and set expectations with stakeholders regarding anticipated timelines, savings, contract amendments, etc.
Capable of thinking critically at a situation and identifying opportunities
Confident ability to priorities own work often within tight deadlines
Strong negotiating skills and experience
Strong verbal and written communication skills
Strong presentation skills, with the ability to work with stakeholders across an organization
Quantitative Analysis experience (financial or price modeling-both creation of model itself and performing the analysis from which a negotiation strategy is determined, requires comprehension of complex business objectives and a high level of attention to detail) is required
Able to work independently, with limited direction and limited ability to delegate
Strong customer service orientation
Strong team player
Results & outcome oriented
Able to interpret and follow process document guidelines
Enthusiastic and able to drive own activities
Able to communicate to the point in a quick and effective manner, ability to summarize information
Role Activities :
Expert/proficient in Software procurement; end-to-end sourcing experience in other services categories such as Professional Services and Marketing is highly preferred
Obtain stakeholder requirements, validate current understanding of business needs including current license entitlements, license usage, and cost allocation model. This requires a comprehensive understanding of complex business objectives and a high level of attention to detail.
Create models and perform analysis to determine a negotiation strategy, comprehension of complex business objectives and maintain a high-level of attention to detail for the subcategories of spend you are responsible for
Negotiation and management of Software and SaaS contracts of varying complexity, including financial, contractual (Terms and Conditions), and commercial terms
Lead the negotiation process for Software and SaaS contracts, including engaging with suppliers, functional leaders, legal team, subject matter experts, leadership, as required.
Drive annual productivity improvements and cost savings initiatives to targeted goals within respective Sub-Categories
Provide RFx sourcing services for our clients based on predefined service levels, managing multiple simple and/or intermediate projects simultaneously
Run various sourcing activities as assigned (e.g., RFx development, NDA management, supplier communication, negotiation, draft contracts and recommendation summarization)
Gather and summarize bid requirements, prepare bid package and publish to suppliers using an eSourcing tool
Research and identify suppliers as required (i.e. supplier market analysis)
Project documentation (e.g. create project folders, spend and savings documentation/validation, status updates)
Responsible for accuracy of contractual metadata within the GTP Contract Repository for your assigned Sub-Categories
May participate in peer reviews for other team members projects and check for quality, consistency and compliance with Infosys quality methodology and client specific requirements
Perform in-depth proposal analysis draw conclusions regarding supplier selection recommendations, present back to the requestor in a concise manner
Follow the deliverable schedule for the team and ensure delivery of output within client timeframes and quality
Proactively raise any source data issues early in the process
Consistently seek process optimization & quality of service opportunities and proactively propose improvement suggestions
Be able to interpret requests and determine what is required to achieve the desired goal
Responsible for escalation management within your managed Sub-Category to address and resolve issues and quality concerns.
Present to executive leadership as necessary
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