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Strategic Sourcing Specialist
2 months ago
The Strategic Sourcing Specialist builds strong relationships with internal and external partners to support the development and execution of enterprise-wide sourcing strategies that deliver value and create measurable, meaningful impact on Teradata’s success. Your mission will be to lead complex, high visibility engagements across all global business functions and indirect procurement spend categories to enable Procurement to deliver on savings and partnership commitments with scale and agility.
To be successful in this role you will think strategically, demonstrate exceptional contracting, negotiation, and communication skills, and have a high level of customer focus and business judgement. You will have a demonstrated track record managing procurement improvement projects and superior data analysis and presentation skills. This role is high visibility and will interact with senior leaders in the company and with strategic suppliers across indirect spend categories, including Technology, HR, Marketing, Finance and Consulting Services.
This position may work from our headquarters in San Diego or be Virtual in the US.
The Responsibilities of this Role are:
Lead and own all aspects of strategic sourcing for assigned indirect spend categories, including stakeholder management, sourcing, contract negotiations, category strategy, spend analysis/market intelligence, and supplier management.
Build a strong understanding of strategic business direction, requirements, and priorities across suppliers and spend categories. Earn trust as a business advisor.
Contribute to the development and execution of global category strategies in collaboration with stakeholders to achieve functional and organizational objectives.
Conduct deep dive analysis of spend and market data, and conduct benchmarking to understand key drivers, identify savings opportunities, and formulate strategies and plans that deliver value.
Lead complex sourcing events from start to finish, driving alignment across large cross-functional selection teams. Formulate and recommend sourcing decisions to executive leadership.
Lead and/or support negotiation of complex global enterprise agreements in collaboration with Business stakeholders, Legal, Risk Management, Data Privacy, Information Security, and external suppliers/partners.
Deliver sustainable and significant year over year cost savings.
Initiate and lead projects to improve sourcing and procurement processes and our ability to serve our internal clients.
What Makes You a Qualified Candidate
Bachelor’s Degree required; focus in Business Administration or Supply Chain Management preferred
Minimum of 3 years experience in procurement, supply chain, or related business or operations function; preferred at least 1 year in an indirect procurement function conducting sourcing events and negotiating contracts in one or more of the following categories: Technology (SaaS providers), HR, Contingent Labor, Marketing, and Consulting Services.
Experience leading or supporting complex negotiations with strategic suppliers across indirect spend categories.
What You'll Bring
Contracting expertise; the ability to dig deep into contract details, collaborate with internal teams to understand business requirements, draft contractual terms, formulate strategy, and execute contract negotiations to achieve best possible outcomes while maintaining successful business relationships.
Ability to identify potential risks and liabilities in contracts as they relate to policies and business objectives, and proactively develop solutions on contractual terms in collaboration with Legal, Risk, Data Privacy, Information Security, and business stakeholders.
Experience drafting, editing, and negotiating multiple agreement types, including Master Agreements, SOW’s, Addenda, Change Orders, Sales Orders, and Technology agreements (SaaS, End User License, Subscription, Cloud Services, Managed Services, Support Agreements, etc.)
Ability to prepare Executive Summaries of agreements which include business context, key terms, benefits, cost analysis, risks, and mitigations.
Expert communicator – ability to present complex topics in an effective and concise manner to influence across all levels internally and externally.
Expert analytical and problem-solving skills – ability to analyze complex issues and industry information, identify risks/opportunities, develop options, and present effective solutions to stakeholders.
Partnering skills – proven ability to build and maintain strong relationships with internal teams and external partners; be viewed as a sourcing expert and trusted business advisor.
Project Management skills - a structured and programmatic approach to delivering value to the business. Ability to manage multiple projects at once, while keeping stakeholders informed and aligned through effective communications and formal project updates.
Adaptability and Growth Mindset – ability to thrive in a high volume, fast paced environment and adapt to changing priorities; eager to develop own capabilities and sourcing expertise.
Proficiency in PowerPoint, Excel, and utilization of internal and external data sources.
Why We Think You will Love Teradata
We prioritize a people-first culture because we know our people are at the very heart of our success. We embrace a flexible work model because we trust our people to make decisions about how, when, and where they work. We focus on well-being because we care about our people and their ability to thrive both personally and professionally. We are an anti-racist company because our dedication to Diversity, Equity, and Inclusion is more than a statement. It is a deep commitment to doing the work to foster an equitable environment that celebrates people for all of who they are
Our Company
At Teradata, we believe that people thrive when empowered with better information. That’s why we built the most complete cloud analytics and data platform for AI. By delivering harmonized data, trusted AI, and faster innovation, we uplift and empower our customers—and our customers’ customers—to make better, more confident decisions. The world’s top companies across every major industry trust Teradata to improve business performance, enrich customer experiences, and fully integrate data across the enterprise.
Teradata invites all identities and backgrounds in the workplace. We work with deliberation and intent to ensure we are cultivating collaboration and inclusivity across our global organization.
We are proud to be an equal opportunity and affirmative action employer. We do not discriminate based upon race, color, ancestry, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related conditions), national origin, sexual orientation, age, citizenship, marital status, disability, medical condition, genetic information, gender identity or expression, military and veteran status, or any other legally protected status.
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