Strategic Sourcing Manager

4 weeks ago

Richmond, Virginia, United States Teradata Full time
About the Role

We are seeking a highly experienced Senior Strategic Sourcing Manager to join our team at Teradata. As a leader in our global IT and Procurement organization, you will be responsible for developing and executing enterprise-wide sourcing strategies that deliver value and create measurable impact on our success.

Key Responsibilities:

  • 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.
  • 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, earning 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, and 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, and initiate and lead projects to improve sourcing and procurement processes and our ability to serve our internal clients.

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, including 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.).

What We Offer:

  • A competitive Total Rewards package, including a base salary, bonus, and benefits.
  • A dynamic and collaborative work environment, with opportunities for professional growth and development.
  • A commitment to diversity, equity, and inclusion, with a focus on creating a workplace that celebrates people for all of who they are.

Why 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.

Pay Rate: $118, $147, $177,500.00 Annually

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