Senior Strategic Sourcing Manager
3 weeks ago
We are seeking a highly skilled Senior Strategic Sourcing Manager to join our team at Teradata. As a key member of our global procurement organization, you will be responsible for developing and executing enterprise-wide sourcing strategies that drive value and create meaningful impact on our success.
Key Responsibilities- Lead and own all aspects of strategic sourcing and category management, including stakeholder management, sourcing, contract negotiations, category strategy, spend analysis/market intelligence, and supplier management across assigned indirect spend categories.
- Develop and manage stakeholder relationships and influence stakeholders to align with industry best practices in support of applicable Teradata strategies.
- Build a strong understanding of strategic business direction, requirements, and priorities across suppliers and spend categories. Earn trust as a business advisor.
- Develop, document, and execute 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 top opportunities, and formulate strategies and negotiation 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.
- Craft negotiation strategies and lead the 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.
As a Senior Strategic Sourcing Manager at Teradata, you will have the opportunity to work with a dynamic team of high-energy strategic sourcing experts supporting all indirect procurement categories across Teradata globally. You will report to the Director of Strategic Sourcing & Category Management, within our global IT and Procurement organization. You will partner with senior business leaders across the company, including IT, Marketing, GTM, Cloud Alliances, Product, HR, and Customer Support.
Requirements- Bachelor's Degree and 10+ years of relevant strategic sourcing experience, to include at a minimum, 5 years in an indirect procurement function developing category plans and sourcing in one or more of the following categories: Technology, HR, Contingent Labor, Marketing, and Consulting Services. Master's Degree is preferred.
- Track record leading large, complex negotiations with strategic suppliers across indirect spend categories, with the ability to lead cross functional negotiation teams and ensure alignment at all levels. Preference for experience with industry leading SaaS platform and CSP providers.
- Proven 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 all 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.
- Expert level understanding of the value drivers and cost levers associated with indirect spend categories.
- 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. PMI Certification preferred.
- Adaptability – ability to thrive in a high volume, fast paced environment and work on multiple initiatives at the same time, adapting to changing priorities and requirements.
- Proficiency in PowerPoint, Excel, and utilization of internal and external data sources.
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.
Pay Rate: $118,300.00 - $147,900.00 - $177,500.00 Annually
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.
Pay Rate: 118300.0000 - 147900.0000 - 177500.0000 Annually
Starting pay for the successful applicant will depend on geographic location, internal equity, job-related knowledge, skills, and candidate experience. Learn more about Teradata's competitive Total Rewards package at https://www.teradata.com/About-Us/Careers/Benefits
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