Description
An exciting contract opportunity has arisen for a Sourcing Manager at one of our Investment Banking clients.
The role is based in Birmingham.
Responsibilities/Tasks:
- Leads the discovery phase to analyse and identify specific areas (contracts, vendors) of opportunity for the Spend Optimisation programme.
- Supports the Senior Sourcing Manager in creating reason for change by finding, analysing, hunting application owners, and levering both demand and supply side levers to achieve run rate reduction.
- Leads the execution and supports the development of Category-based sourcing processes for assessing and fulfilling current and future sourcing needs, acting as process owner and champion for the strategic sourcing and consumption management processes in their area of category spend.
- Manages complex software licensing deals, renewals and portfolio efficient initiatives, driving the supplier selection and negotiation process for key sourcing events.
- Ensures clear alignment between sourcing objectives and client's short and longer term interests. Focuses on rationalising the vendor base.
- Executes strategies to extract supply-side savings and manage demand-side consumption in order to lower the clients Total Cost of Ownership for external spend as it relates to the specified category.
- Develops strong, productive working relationships with clients at a senior level. Builds and maintains a robust understanding of the client's business strategy, key drivers and current issues to inform the development of product/service implementation strategies that will meet client needs, and which reflect external market trends, competition considerations, macro economic factors and strategic direction.
- Builds and maintains diverse, productive relationships inside and outside. Collaborates with colleagues and influences activities to achieve positive outcomes in the interests of the wider business.
- Leads the implementation of innovative business change solutions.
Experience in one or more relevant technical area:
- Experience managing complex sourcing projects.
- Senior level experience in commercial negotiations.
- Successful, multi-year track record in a sourcing or a vendor management organisation
- Experience working in the Financial Services/Management industry.
- Strong team leader and team player, able to work in virtual, global teams in a dual reporting Matrix organisation.
- Excellent relationship management, analytical, problem solving, financial management, strategic agility, communication, influencing and presentation skills.
- Excellent communication skills, fluent in English (written and verbal) and local languages if necessary.
- Strong business planning skills.
- High energy, with the ability to work in a fast-paced business environment.
- Exposure to a broad range of client groups and business challenges. Willing to take the tough decisions.