Strategic Sourcing Manager
5 days ago
At Shuvel Digital, we are seeking a highly skilled Strategic Sourcing Manager to join our team. As a key member of our procurement team, you will be responsible for developing and executing sourcing strategies that support our company's strategic vision and goals.
Key Responsibilities:- Collaborate with cross-functional teams to align sourcing priorities and develop effective sourcing strategies.
- Prepare and manage RFPs, RFIs, and SOWs to ensure efficient and effective sourcing processes.
- Build and maintain relationships with key stakeholders, including vendors, suppliers, and internal teams.
- Drive partner satisfaction by understanding partner needs and providing responsive support.
- Manage a competitive RFP process to ensure standardized language and evaluation criteria.
- Participate in collaborative handoffs with PVM staff to ensure effectively negotiated contracts.
- Administer Non-disclosure agreements, Risk Assessments, and supplier due diligence processes.
- Support P&VM contracts teams in negotiating MSAs and other agreements.
- Support periodic performance review meetings with vendors.
- Provide regular feedback on supplier performance.
- Analyze business unit requirements to identify opportunities for cost savings and strategic sourcing.
- Consult with business unit partners to provide sourcing strategy advice and support client goals.
- Lead source selection activities, including conducting market analysis and determining potential sources.
- Obtain and analyze vendor performance and delivery data to ensure quality, consistency, and fairness.
- Maintain vendor-related documentation, including source selection records and supplier performance information.
- Bachelor's Degree in Business Administration or a related field.
- Significant experience in preparing and reviewing RFPs, RFIs, SOWs.
- Significant experience in IT strategic sourcing, category management, subcontracts management, or procurement.
- Advanced skill translating business goals and objectives into IT capabilities.
- Significant experience developing, negotiating, and managing service level agreements.
- Advanced skill exercising initiative and using good judgment to make sound decisions.
- Advanced skill resolving conflicting requests and meeting changing requirements.
- Advanced skill communicating complex processes to senior leadership.
- Advanced skill relationship building, negotiation, and facilitation skills.
- Strong Data Analytics and data manipulation skills.
- Significant experience with change management and organizational transformation.
- Working knowledge of procedures or strategic sourcing experience in financial services.
- 7+ years procurement experience.
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