Description :
Key Responsibilities :
- Support the delivery of the category strategy and deployment of the supplier relationship management program
- Involvement in the development of sourcing strategies, including identifying risks, key outputs, and products
- Lead sourcing and negotiation activities for low to medium spend SOWs across the team, analysing financial and commercial structure, engaging Legal as the need arises and ensuring correct terms and conditions are applied, plus finance to understand budget constraints
- Engage SOW owners to ensure renewal is required and scale is accurate
- Engage the appropriate project lead or vendor manager to ensure they raise the Purchase request in good time
- Support Category Leads or Category Managers with SRM activities, handle allocated supplier relationships
- Support sourcing activities across the wider team (Category Directors or Category Managers in other categories), as the need arises depending on workload
- The PR / PO pipeline for the assigned Category of spend
- Review pipelines of projects, PR / PO approvals, SOWs approvals in Fieldglass, and liaise with the Category Lead and relevant Category Managers
- Ensure purchase requests meet required standards - i.approval process has been followed, a fully signed LSEG standard contract and statement of work (if applicable) is in place, the supplier has been correctly onboarded and approved
- Ensure Category Managers and business contacts are kept up to date with the status each sourcing project
- Research market and industry developments
- Make recommendations on alternate sources of supply to provide choice to LSEG
- Engagement with LSEG business
- Engage regularly with key partners across the business and key functions such as Legal, Finance and HR to progress queries and act as a procurement point of contact, with support from the Category Lead and other Category Managers
- Engage with budget-owners to obtain key information and explain procurement processes in line with agreed process and procedures
- Deal with queries from other LSEG staff, alerting Category Managers as appropriate
- Engage with key functions to obtain information and complete necessary actions such as supplier segmentation form
- Work with buisness delivery teams and Category Managers to identify and maintain the project pipeline
- Supporting business as usual activities
- Procurement systems tools, and data
- Maintain data within Procurement systems and tools (e. pipeline management tool, savings tracker, supplier and contract databases, Category spend metrics)
- Ensure that purchasing, pricing and supplier master data is kept up to date on the relevant IT systems supporting procurement and planning efficiencies
- Assess the benefits of new sourcing solutions, support the design, implementation and management of procurement systems as requested
Contract management :
Ensure that relevant contracts are in place for key suppliers as assigned and supported by the Category LeadMonitor contract performance and identify when corrective action is neededIdentify where it is important to vary a contract to deliver continuous improvement, draft robust variations and ensure proper approvals are soughtProvide assistance to the business and suppliers across the end to end sourcing process, i. reviewing purchase orders, facilitating exceptions such as payment difficulties and ensuring timely delivery of goods and services, ensuring an excellent service is provided from within Group ProcurementRaise contract issues, when appropriate to Category Managers or LegalActively promote continuous improvement by challenging process and procedure to identify and implement valid changesCandidate Good experience in buying / procurement (IT Professional Services e., developers, testers, system implementors, business analysts, etc.)
Commercially minded and proficient negotiatorStrong communication skills (written and verbal)Ability to create positive relationships with suppliersExperience in market and category analysisAbility to assess, prioritise workload and meet agreed target datesStrong IT skills (Office programs : Excel, Teams, SharePoint, PowerPoint, Outlook; Procurement systems desirable : Ariba, Fieldglass)Ability to provide management information to assist sourcing and contract management processProven track record in building relationships, influence and act as an authority across the organisation up to senior management levelGeneral analytical, problem solving, and decision-making skillsPro-active behaviour that demonstrates initiative and positive work ethic to ensure activities are delivered to the required time, budget and qualityMaximise opportunities, i. challenges ways of working, adopts Group practices, seeks and provides information and clarificationTeamwork - ability to work with other category teams, both a local and an off-shore to deliver services to our customersEducated to degree Procurement / supply operation qualification, e.MCIPS or IAACM, or working towards the qualification.Knowledge of Agile SOW construction, SLAs and outcome-based contractingExperience working with suppliers such as EPAM, TCS, Cognizant, Wipro, Synechron, and DXC is very beneficialPrevious company experience; FinTechs; Global, multi-country organisations preferredSome experience in e-sourcing & e-auctions(ref : iimjobs.com)