Procurement Specialist

7 days ago

Mumbai, Maharashtra, India WPP Full time
Job Title: Manager - Sourcing & Procurement

About WPP:

WPP is a global network of talented professionals in 112 countries, creating transformative ideas and outcomes for clients through an integrated offer of communications, experience, commerce, and technology.

Job Summary:

We are seeking a skilled Manager - Sourcing & Procurement to join our team. As a key member of our procurement function, you will be responsible for 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 to optimize our sourcing & procurement processes and generate value.

Key Responsibilities:

  • Conduct 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, conducting structured supplier negotiations, understanding the nuances of contracting, and executing the same with suppliers in coordination with legal teams.
  • Manage the collection of requests from stakeholders, communicate and document progress, and provide MIS.
  • Assist in building 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 and volumes to determine appropriate buying channels.
  • Provide specialist administrative support from beginning to end of a tendering project/RFP, ensuring the integrity of the process.
  • Keep an audit trail for each project and ensure required documentation is in place.
  • Provide a professional, efficient, and effective response to stakeholders' queries.

Key Interfaces:

  • Suppliers
  • Professional and Industry Groups
  • 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

Requirements:

  • Proficient in Strategic Sourcing and procurement methodology and processes
  • Demonstrated ability to analyze 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 a 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 that 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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