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Sourcing Manager

Company: Lancesoft

Location: New Brunswick, NJ

Contact Information


Name: Naveen Nayak
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Job Description

Responsibility

Operationalize the sourcing analysts roles by developing partnerships with each of the ITSS Category Directors enabling global analytics across all category strategies. Creating these capabilities will require understanding the dynamics of supply markets, remaining current with market trends and proactively identifying new technologies and solutions including supplier utilization and IT spend. Assess current supply base, identify operational requirements, design strategies and negotiate strategic supplier agreements.  Enable prioritization of work across IT categories.

Manage team of sourcing analyst(s) to include performance management, training, talent management, and adherence to all policies and procedures.  Provide leadership and framework to ensure consistent deliverables from sourcing analyst & sourcing manager to ITSS.

Support Supplier Relationship Management processes providing content, managing logistics and day to day escalations.  Lead compliance & metrics for all IT strategies across Client.  Develop and implement key performance metrics, tracking mechanisms, and non-conformance category reporting.  Develop corrective action plans to improve metrics and category strategy.  Lead departmental metrics and drive supplier rationalization strategies within the categories.  Provide internal and external department reporting including spend, supplier diversity and operational metrics.

Partner with Category Directors to develop annual business plans, monitor supplier performance, and lead sourcing efforts to improve business results by maximizing use of leveraging opportunities.  Lead effective sourcing processes and systems for: external and internal requirements gathering, conduct financial and spend analysis, construction of a business case to maximize benefits utilizing PE methodologies.  Facilitate proactive contract expirations and renewals including the development of negotiation and agreement strategies.  Conduct benchmarking and competitive analysis to derive insights and market trends to enable category strategies â€" understand economics, industry, supplier risk profiles and supplier segmentation.

Provide backup to procurement analyst(s) including purchasing systems, data, and policies (e.g. Ariba, eICD, Ariba Sourcing, competitive bid policy, etc.).  Conduct root cause analysis and develop corrective action plans for mismatches, invoice-in-hand, use of non-preferred suppliers, and increase spend with diverse suppliers.


Job Requirements

 

 

Education

 

BA/BS with 6 plus years of related experience in purchasing, procurement/sourcing, or planning. MBA/MS degree a plus.

 

Experience

 

Demonstrated knowledge of global sourcing processes and systems.  Adept at eprocurement tools, spreadsheets, database management including metrics and compliance reporting.  Familiar with agreements, legal contract process and supplier negotiations.  Strong leader and team player able to interact and lead at various levels within the organization.  Ability to lead work teams and supervise analysts/associates.  Excellent oral and written communication skills including the ability to communicate across all management and organizational levels.  Knowledge of data analytics, supplier diversity, cost models and pricing structures to facilitate the review of vendor financial statements and the analysis of sourcing alternatives.  Participation in supplier relationship management is a plus!

 

Other Skills (certifications, etc.)

 

Strong Leadership, partnering and influencing skills to align key stakeholders

Understanding Client procurement & sourcing processes & associated data elements

Strong Business Acumen

Well developed Project Management, Presentation, and Facilitation skills

Decision Making/Problem Solving

Process Excellence to include defining and designing process flows

Demonstrated ability to deliver results

Demonstrate ability to think strategically
Ability to lead and drive change across the organization

 

Regards
Naveen Nayak
703-889-6734

 

 

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