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Contract sourcing Manager
2 months ago
Key responsibilities will include:
- Develop and implement sourcing strategies to meet the company's procurement objectives.
- Identify potential suppliers and conduct thorough evaluations to assess their capabilities, reliability, and quality standards.
- Negotiate contracts, terms, and conditions with suppliers to secure favorable pricing, payment terms, and service level agreements.
- Continuously monitor and evaluate supplier performance, ensuring timely services while maintaining quality standards.
- Collaborate closely with internal departments to understand their sourcing needs, specifications, and requirements.
- Conduct market research to identify emerging trends, new suppliers, and cost-saving opportunities.
- Lead supplier audits and risk evaluations to ensure compliance with ethical standards, legal regulations, and industry best practices.
- Regularly review and analyze sourcing data and metrics to identify areas for improvement and implement corrective actions.
- Stay updated on industry trends, market conditions, and changes in regulations that may impact sourcing strategies.
Requirements and skills:
- Strong negotiation and contract management skills.
- Familiarity with sourcing and vendor management and Understanding of market dynamics and sound business judgement
- Comfortable with figures and in collecting, analyzing and interpreting data and Solid judgement with ability to make good decisions
- Prior experience with Banking or financial institutions will be added advantage
Enterprises across industries stand at an inflection point today. In order to thrive in the digital age, technologies such as analytics, cloud, IoT, and automation occupy center stage. In order to offer enterprises the maximum benefit of these technologies to further their business objectives, HCL offers an integrated portfolio of products and services through three business units. These are IT and Business Services (ITBS), Engineering and R&D Services (ERS), and Products and Platforms (P&P).
ITBS enables global enterprises to transform their businesses via Digital Foundation, our modernized infrastructure stack built around hybrid cloud, software-defined networks, the digital workplace, and other elements; Digital Business, a combination of our application services and consulting capabilities; and Digital Operations, a three-pronged setup for modernized and efficient operations at enterprise level.
ERS offers engineering services and solutions in all aspects of product development and platform engineering.
Under P&P, HCL provides modernized software products to global clients for their technological and industry-specific requirements.
Our holistic Mode 1-2-3 strategy forms the backbone of these three business units to help enterprises navigate the digital age with ease. It is the core aspect of our ‘Digital Enterprise 4.0’ focus – aimed at offering holistic services to our clients to meet the technology needs of their present while readying them to be future-ready.
The company’s DNA of grassroots innovation, its ingrained culture of co-innovation, and its tradition of going far beyond what is expected, to create customer value, clearly differentiates it and gives it a distinct advantage in creating value for businesses in the digital and connected world.Company DescriptionHCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Our technology products and services are built on four decades of innovation, with a world-renowned management philosophy, a strong culture of invention and risk-taking, and a relentless focus on customer relationships. HCL also takes pride in its many diversity, social responsibility, sustainability, and education initiatives. Through its worldwide network of R&D facilities and co-innovation labs, global delivery capabilities, and over 150,000+ ‘Ideapreneurs’ across 49 countries, HCL delivers holistic services across industry verticals to leading enterprises, including 250 of the Fortune 500 and 650 of the Global 2000.\r
\r
Enterprises across industries stand at an inflection point today. In order to thrive in the digital age, technologies such as analytics, cloud, IoT, and automation occupy center stage. In order to offer enterprises the maximum benefit of these technologies to further their business objectives, HCL offers an integrated portfolio of products and services through three business units. These are IT and Business Services (ITBS), Engineering and R&D Services (ERS), and Products and Platforms (P&P).\r
\r
ITBS enables global enterprises to transform their businesses via Digital Foundation, our modernized infrastructure stack built around hybrid cloud, software-defined networks, the digital workplace, and other elements; Digital Business, a combination of our application services and consulting capabilities; and Digital Operations, a three-pronged setup for modernized and efficient operations at enterprise level.\r
\r
ERS offers engineering services and solutions in all aspects of product development and platform engineering.\r
\r
Under P&P, HCL provides modernized software products to global clients for their technological and industry-specific requirements.\r
\r
Our holistic Mode 1-2-3 strategy forms the backbone of these three business units to help enterprises navigate the digital age with ease. It is the core aspect of our ‘Digital Enterprise 4.0’ focus – aimed at offering holistic services to our clients to meet the technology needs of their present while readying them to be future-ready.\r
\r
The company’s DNA of grassroots innovation, its ingrained culture of co-innovation, and its tradition of going far beyond what is expected, to create customer value, clearly differentiates it and gives it a distinct advantage in creating value for businesses in the digital and connected world.