Specialist- Sourcing Technology Category

JOB PURPOSE:The Specialist Sourcing is responsible for executing strategy for aligning the demand/supply (i.e. procurement) of goods and services for specific sourcing category area of responsibility.
The Specialist Sourcing will deliver measurable and demonstrable value to the Organization by using strategic sourcing commercial and legal negotiations contract enablement and life-cycle management for specific sourcing category areas responsibilities.
KEY ACCOUNTABILITIES:The Specialist Sourcing is responsible to ensure suppliers and contracts are delivering value for money minimizing risk and improving service and social objectives for the categories of responsibilityProvides leadership and accountability ensuring process compliance and delivering optimal sourcing benefits from category management.
Ensures best commercial value is negotiated and obtained for purchases. Specifically prepare requests for quotations negotiate select and identify most appropriate supplier (price quality conditions) in collaboration with requesting department. Also negotiate contracts with legal department.
Works with the Category Manager and Head of Sourcing to defined FAB Category strategy setting performance objectives and monitoring progress. Also actively engaging with and securing support from key local stakeholders (Finance HRG)Collaborates with stakeholders to create manage and execute category plans e.g.:Develops annual category sourcing plans through detailed analysis of contracts spend analysis usage patterns future demands and benchmark data ensuring full alignment between FAB requirements and SVM targets.
Lead transformational change through category strategies to include demand management specification review and grouping of similar goods and/or services using catalogue management techniques.
Ensure that SVM Sourcing Management is aligned with FAB corporate Strategies in cooperation with business planning and strategy and delivers results to the bottom line.
Ensures that market intelligence is updated regularly and
- ensures that any changes are updated in the category strategy and the appropriate steps are taken accordingly to mitigate any potential impact that this information may have to the organizationChampion best practices in category management across the organization through publishing case studies working with stakeholders conducting peer training workshops and sharing good experiencesRepresent sourcing in cross-functional teams for large initiatives to provide input on supplier engagement strategy and value a strategic plan for the sourcing function tied to the banks overall corporate strategy with clear objectives initiatives and targets.
Act as the single point of contact for the stakeholders (both internal and external) to identify collaborative opportunities and align sourcing to the banks wider strategyMonitors and reports all strategic savings on a monthly basis to the Head of Sourcing.
Continuously reviews category management information to identify new opportunities to minimize any potential savings gap.
Provide expertise leadership and support to FAB organizations to drive overall productivity program promoting best practice sharing benchmarking market intelligence etc.
Actively participate and contribute to the development of SVM as a value adding function within the FAB organization through empowered and experienced stakeholder management.

Qualifications:
0 -1 year demonstrable sourcing category management experience including writing and executing sourcing category strategiesStrong communication and interpersonal skills to work with senior level stakeholders to build trusted relationshipsAbility to align with business strategy and engage Senior Management to reinforce the value of SVMCan operate in a multi matrix performance driven structure able to lead cross-functional projectsExcellent Communicator (verbal and written) and strong negotiator who can effectively manage relationships that are widely dispersed both functionally and geographically.
Remote Work :NoEmployment Type :Full-time