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Strategic Sourcing Specialist
2 months ago
Position: Sourcing Manager
Contract Duration: 6 months (with potential for extension or conversion)
Work Arrangement: Hybrid
As a Sourcing Manager within the Global Strategic Sourcing division, you will play a pivotal role in supporting a dynamic Enterprise Sourcing team that spearheads intricate, cross-departmental strategic sourcing and contracting projects. Categories of focus encompass IT Professional Services, Outsourced Services, Software, Banking Operations, and Financial Services.
Key Responsibilities:
• Cultivate strong partnerships with internal business stakeholders; gain a thorough understanding of strategic business objectives, requirements, and priorities across designated suppliers and/or spend categories.
• Acquire and uphold a comprehensive knowledge of company policies and procedures related to supplier selection, contracting, and ongoing management, ensuring compliance and documentation throughout the entire process.
• Design, implement, and oversee comprehensive market analysis and benchmarking processes; utilize key insights to guide and support business, category, and project strategies.
• Conduct financial analyses, including demand scenario modeling, P&L impact assessments, and benchmark evaluations.
• Develop, lead, and manage a diverse portfolio of sourcing initiatives throughout the complete sourcing and contracting lifecycle.
• Formulate and execute negotiation strategies for high-value and complex multi-year agreements.
• Direct contract negotiations in collaboration with Legal and business functions to maximize overall value, encompassing financial outcomes, service levels, and risk management.
• Oversee critical supplier relationships with an emphasis on quality, service, delivery, risk, and cost management.
• Provide leadership support for cross-functional teams in the development and execution of sourcing projects, supplier management strategies, and intricate contract negotiations.
Mindlance is committed to equal employment opportunities and does not discriminate based on minority status, gender, disability, religion, LGBTQI, age, or veteran status.