Strategic Sourcing Manager
6 days ago
Job Summary
The Strategic Sourcing Manager will collaborate with internal stakeholders to implement sourcing and procurement strategies that enhance value creation and business capabilities. This role will facilitate the acquisition of products and services across various technology categories from partners.
Key Responsibilities
Contract Negotiation & Escalations: 35%
- Gather requirements from relevant stakeholders.
- Read, interpret, and communicate contract terms.
- Partner with legal to understand legal concepts and challenges.
- Work with Finance and Business Stakeholders to identify budgetary constraints.
- Negotiate pricing and commercial terms.
- Deliver finalized agreements in accordance with timing requirements.
- Serve as negotiation lead on deal terms.
Processing & Operations: 30%
- Oversee the request for proposal/quote/information process.
- Identify and assess technology vendors/products.
- Assess impact of technology purchases on other parts of the organization.
- Ensure compliance with sourcing & procurement policies.
- Identify areas for process improvement.
Sourcing & Operations Strategy: 20%
- Act as liaison for Technology Business Unit Stakeholders.
- Implement knowledge of sourcing, contract negotiation, and relationship management best practices.
- Identify areas of opportunity in partner categories.
Relationship Management: 15%
- Manage business relationships with vendors.
- Plan and manage vendor business reviews.
- Develop supplier debriefing materials.
- Prepare and deliver briefing documents.
- Advising and consulting with clients on market trends.
Requirements
- 5+ years in sourcing, procurement, business development, or related field.
- Bachelor's Degree in related field.
- Demonstrated negotiation skills and deal analysis.
- Advanced proficiency in MS Word, MS Excel, and MS PowerPoint.
Preferred
- MBA/JD preferred.
- Experience using Ariba, Workday Strategic Sourcing/Scout preferred.
- Experience in the category of third-party professional services & contingent labor.
Championing Inclusion at 451 Discovery Comm. India
451 Discovery Comm. India is an equal opportunity employer that takes seriously its responsibility to consider qualified candidates on the basis of merit, regardless of sex, gender identity, ethnicity, age, sexual orientation, religion or belief, marital status, pregnancy, parenthood, disability or any other category protected by law.
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