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- Support Director of GSP and Senior Sourcing Managers in developing and executing a dynamic strategic plan (up to 3 years) to successfully support all existing contract renewals and expirations as well as new third party spend requirements both at a category level and an individual contract level; this includes developing and communicating plans and status to various senior levels of the organization via dashboards
- Generate and lead/execute cost efficiency efforts with key business executives, driving cost savings and other valueadded activities across the supply base; includes project management and proactive communication and dashboard reporting of these efforts on a regular basis
- Develop and coach GSP team in developing and successfully executing sourcing strategies on a timely basis, including market assessment, baseline development, sourcing approach, negotiations, contracting, and savings calculations
- Collaborate with other functions such as Legal, Operations, IT, HR, Program Management Office, Marketing, Compliance, and Finance teams on sourcing strategy development and execution
- Responsible for educating business units on thirdparty risks and escalating and monitoring issues to ensure appropriate actions are taken
- Manage a program with the Office of the CFO to report and track savings and other benefits to senior leadership on an ongoing basis
- Leverage and evolve the use of our Contract Lifecycle Management (CLM) application
- Agiloft for contract drafting workflow, execution, and management within GSP; advocate usage outside GSP where appropriate.
- Proactively identify and work with GSP team to identify opportunities, via sourcing, substitution, etc., to reduce costs, increase/improve services, and/or manage risk.
- Lead strategic sourcing efforts in support of business unit operations, including incumbent negotiations, RFXs, contract negotiations
- Conduct market research and provide key subject matter expertise
- Identifies metrics, tools, and processes to optimize sourcing, supplier activities, and efficiencies; work collaboratively with team members to prioritize and drive implementation
- Develop a supplier spend and analytics program, including enhancing a Supplier Diversity / MWBE program to expand the base of innovative and diverse vendors.
- Develop and manage a high performing and motivated strategic sourcing team responsible for interfacing with business and supplier partners; tailor management style appropriately to levels of experience of team members
- Fosters a culture of continuous improvement and professional development within the GSP Team
- Lead and collaborate with team members to strategically plan support for business units; coach team members throughout project from initial kickoff to executive updates and final presentation and approvals
- Proactively interface and advise with senior leadership to align business priorities and proactively manage any potential issues
- Have a global mindset but understand key local requirements and norms to support a global internal supply base
Senior Manager - Mumbai, India - Counselect Services Private Limited
Description
One of the world's most reputed investment firm is setting up its Global Sourcing and Procurement team in India (Mumbai)Responsibilities -Relationship Management and Client Service