Procurement Strategy Consultant

About us :

We are a highly successful 190-year-old, Fortune 500 commercial property insurance company of 6,000+ employees with a unique focus on science and risk engineering. Businesses worldwide trust our expertise to protect their assets, relying on our comprehensive risk assessments and robust, engineering-based insurance solutions to safeguard against fire, natural disasters, and other perils. Serving over a quarter of the Fortune 500 and major corporations globally, we deliver data-driven strategies that enhance resilience, ensure business continuity, and empower organizations to thrive.

FM India is a strategic location for driving our global operational efficiency. Our presence in India allows us to leverage the country’s talented workforce and advance our capabilities to serve our clients better. We have diverse corporate functions that emphasize research, advanced technologies like AI and analytics, risk engineering, research, finance, marketing, HR, etc. working together to provide innovative solutions and nurture lasting relationships – from co-workers to clients.

Role Title : Strategic Sourcing Consultant

Position Summary :

• This role is responsible for assisting with a portion of FM’s technology and business procurement and vendor management strategy and helps to execute on that strategy based on rapidly changing technology and business landscapes. This role focuses on the moderate complexity category;
• focuses on one categorystrategy;

may get some assistanceon strategy. The role will assist with the full breadth of procurement and vendor management functions through execution of moderately complex deals that have medium business and financial impact to the success of FM. The person in this role will be responsible to directly interface with both EVP and VP senior leaders to help provide sourcing strategy, focus areas / initiatives, and results. They'll also be responsible for helping, in collaboration with senior VMO leadership, to influence / steer strategic decisions that align with the vendor management vision and will result in the best outcome for FM.

Job Responsibilities :

End to End Procurement :

Collaborates with team to determine short list and selected vendor(s) in line with category strategy for medium complexity, medium risk deals.

Responsible for ensuring SLA’s are met and exceeded.

Strategy and Vendor Management :

Relationship Management :

Process :

Provides feedback into creation of associated communication and education artifacts

Continues self-directedscanning of the market intelligence options

Skill and Experience :

Must Have Skills :

Education and Certifications :

Work location : Bengaluru