Description
IT Procurement Manager, banking, investment, finance, vendor, negotiations, contract, IT Procurement Manager, banking, investment, finance, vendor, negotiations, contract.
IT Procurement Manager required urgently for a leading financial organisation based in Stirling. This is an initial six months contract paying up to £340pd.
The successful candidate will conduct the following:
Main Activity/Tasks
- Act as trusted advisor to IT colleagues and business stakeholders in the supplier sourcing process, communication and approach related to vendor agreement negotiations and/or ongoing projects.
- Evaluate supply chain data and develop procurement strategy by commodity. Understands category management and identifies data and research resources for the industry, tracks competitive landscape and identifies emerging vendor candidates.
- Develop sourcing strategy and manage a high quality supply chain capable of supporting the needs of the business unit with regard to cost, quality and delivery performance
- Partners with internal organisations to create moderate to complex product/service requirements definition, assist with identifying vendors, run RFx process and evaluations; provide vendor evaluation framework and recommendations on vendor selection.
- Develop and implement a plan to achieve cost savings and value-add, leveraging relationships with stakeholders to implement plans; monitor total cost of ownership, cost reduction and cost avoidance targets; improving TCO and controlling price variances.
- Leads supplier contract negotiations, conducts analysis, facilitates key stakeholder participation (Legal, Tax, Information Security, Finance, etc.) and executes supporting administrative processes.
- Work typically involves facilitation across multiple products/brands as well as multiple geographies in developing solutions to problems.
- Create, communicate and execute on sourcing project work plan and timeline. Identify supporting efforts, dependencies or barriers. Identify and track any sourcing issues, track and report progress.
- Conduct professional bids and tenders and implementing new or modified sources of supply in accordance with agreed strategies, including drafting and negotiating the terms of contracts and agreements in accordance with best practice and standards.
- Ability to draft and redline commercial components of moderate to complex master purchasing and service contracts, statements of work and software licensing agreements.
- Support clients in management of suppliers as it relates to communicating basic contract terms and expectations internally and to the vendor; provide support for contract changes, critical issues, remediation and termination planning.
- Apply best practice principles to build and manage effective supplier management processes and strong supplier relationships and partnerships. Develop and implement supplier evaluation, supplier audit and supplier development processes and tools.
- Perform risk analysis to identify issues (financial, operational and/or regulatory) and develop risk mitigation strategy. Communicate risks and alternative mitigation strategies to business owners and stakeholders.
- Assure policies, procedures and other documentation are followed to ensure consistent and compliant supply chain integration. Ensure all integrations present little or no risk to customers, certified procurement systems and compliance.
- Evaluate tactical & strategic procurement processes & operational performance of sites, perform gap analysis, and identify performance improvement plans. Consolidate and rationalise supply base as appropriate.
- Participate in organisational design activities.
- Manage administrative processes and activity reporting as needed to support projects.
- Support other business related activities as directed by management.
- Providing written and verbal reports to the Head of Procurement & Commercial, Head of Risk Oversight & Compliance, Head of IT Risk & Security and others as required.
Please apply for immediate consideration.