Typical Day in Role
• Lead cross-functional teams to execute on low to medium value/complexity sourcing projects and contracting efforts. Determine sourcing strategy and conduct analysis and negotiations.
• Influence requirements from business partners necessary to evaluate and select suppliers
• Conduct baseline and market analysis, develop sourcing strategy and conduct contract negotiations
• Read and understand contract and commercial terms in current contracts and proposals.
• Manage sourcing resources and engage subject matter experts (such as legal, risk and finance) in support of a specific set of commodities and/or a business line
• Provide sourcing thought leadership and day-to-day oversight of resource activities
• Be responsible for the accuracy of contract archives
• Track expirations of existing contracts and develop work plan for renewals, interact with legal and drafting teams to incorporate results of negotiations into contract documents
• Provide supporting analytics to finance team to validate realized savings
• Manage relations with key business partners and project owners to develop/maintain strong working relationships
• Support vendor managers in execution of business led initiatives as necessary.
Decision Authorities:
• Responsible for low to medium value negotiation and contracting activities to deliver savings and value consistent with business objectives and priorities.
People Leader Role: No
Candidate Requirements/Must Have Skills:
1) 6+ years of progressive business experience in global supply chain management and/or vendor management and/or contract management
2) 6+ years of experience and expertise with supplier contractual terms and conditions to mitigate legal and business risk
3) 3+ years of IT Infrastructure contracts/sourcing experience
4) 3+ years of extensive knowledge of IT software/SaaS solutions/vendor
5) Solid knowledge of sourcing and procurement principles and best practices
6) Experience with sourcing and procurement systems and tools
7) Solid analytical skills
Nice-To-Have Skills/ Strong Assets:
• Graduate degree (business preferred)
• Knowledge of relevant legislative and regulatory requirements relating to management of third party outsourcing in the jurisdictions in which client operates
• Knowledge of financial, actuarial and insurance systems
• Familiar with client’s business operations, strategies and financial environment
Education:
• Undergraduate degree (business preferred)
• Certifications: CPSM (supply chain certification) – not required but a nice to have