Manager - Strategic Sourcing & Procurement
4 days ago
WPP has headquarters in New York, London and Singapore and a corporate presence in major markets worldwide. The company is quoted on the London Stock Exchange and the New York Stock Exchange.
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Why we're hiring:
Conducting Strategic Sourcing, Market Intelligence, Opportunity Assessment, Spend Analytics, Contract Analytics, Category Strategy development support, Contract Extension & Renewals, spot buys, tactical sourcing, market engagement and buying channel optimization, tail spend management etc. to optimize the way we source & procure and generate value.
What you'll be doing:
• Should be proficient in Strategic Sourcing: Analyzing spend data, creating internal & external category profiles, Market intelligence reports, Opportunity assessments, devising category strategies, identifying sourcing levers for respective categories, analyzing costing for a product or service, conduct structured supplier negotiations, understand the nuances of contracting and executing the same with suppliers in co-ordination with legal teams, managing statutory compliances and sustainability requirements etc.• Understand the requirements of internal (WPP Procurement) & external (Agencies) stakeholders and suggest anappropriate approach and time-based work-plan to achieve the objectives/deliverables.• Day to day management of procurement activities, managing workloads and priorities, team management andescalating/reporting to leadership as necessary.• Managing the collection of requests from stakeholders, communicating and documenting the progress MIS.• Assist the building of processes to support strategic sourcing initiatives, spot buy purchases and tactical sourcing.• Manage assigned engagements with suppliers to support wider Category teams across WPP Procurement• Analyze buying patterns, volumes to determine appropriate buying channel e.g., catalogue, Pcard, PO purchase, etc.• Providing specialist administrative support from beginning to end of a tendering project/RFP ensuring the integrity of he process. Experience working on reputed S2C platforms shall be appreciated specifically GEP S2C.• Keeping an audit trail for each project and ensuring required documentation is in place.• Providing a professional, efficient and effective response to stakeholder's queries
Key shared accountabilities:
• Project Management• Stakeholder Management• Supplier Management with business stakeholders• Reporting compliance• Delivering on excellent customer experience
Key interfaces:
Key External Relationships:
•Suppliers•Professional and Industry Groups
Key Internal Relationships:
• Head Procurement Category Management• Business Stakeholders• Procurement Sourcing & Operations• Business Partners• Procurement Leadership
Key Metrics & Targets:
• Service Level Agreement (SLA) on building RFPs• SLAs on turnaround time for Spot buys• Cost savings/avoidance during sourcing• Contribution to cost reduction targets and avoidance
What you’ll need:• Proficient in Strategic Sourcing and procurement methodology and processes• Demonstrated ability to analyse and provide insights on spend categories & supply markets basis internal & external category profiles.• Strong procurement operational skills, legal understanding and RFI/P leadership• Capable of leading and being part of matrixed team in a project environment• Good negotiation and influencing skills• Effective project management skills and knowledge of project management systems
At WPP, we are an equal opportunities employer. We believe in creating a dynamic work environment that values diversity, equity and inclusion. We strive to recruit from a diverse slate of candidates and foster an environment which provides the right conditions for long term success. We welcome all applications regardless of race, color, religion or belief, gender, gender identity, age, national origin, marital status, military veteran status, genetic information, sexual orientation and physical or mental disability.
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