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Job id : 37710

Associate Sourcing Manager

Associate Sourcing Manager

  Bangalore / Bengaluru
   Refinitiv        Bangalore / Bengaluru
  3 years ago      84 Applied

JOB ID:37710

Job details

Job Type

  Full Time

Functional Area

Purchase/Supply chain/Logistics

Industry

Banking/Financial Services/Insurance

Education

Not Specified

Experience Required

  7 - 10 Yrs

Salary

  15 - 18

Key Skills Required

  Procurement, Contract management, Global Stakeholder Management, people management

Other Skills Required

 

Job Description

Associate Sourcing Manager
  • Associate Sourcing Manager (Small to Medium Category Management /Tactical Sourcing)
  • Assist in executing the existing tactical sourcing initiatives aligned with the Sourcing groups’ objectives. Lead smaller negotiations and sourcing engagements including process activities such as e-sourcing, Project management, etc., as assigned.
  • Apply sourcing practices and manage low & medium spend supplier negotiations to ensure full benefits are realized and sustained.
  • Continuously manage priorities effectively, focusing on efficient work results. Manage a project against a plan and objectives to ensure commitments are met by monitoring, assessing, and resolving variances in budget, timing or quality of work.
  • Monitor and keep up to date with related supplier-specific business activities as well as the extended category industry. Present/update all pertinent supplier and/or industry issues to stakeholders and immediate management and propose recommendations as they apply to exis
...  See More
Associate Sourcing Manager
  • Associate Sourcing Manager (Small to Medium Category Management /Tactical Sourcing)
  • Assist in executing the existing tactical sourcing initiatives aligned with the Sourcing groups’ objectives. Lead smaller negotiations and sourcing engagements including process activities such as e-sourcing, Project management, etc., as assigned.
  • Apply sourcing practices and manage low & medium spend supplier negotiations to ensure full benefits are realized and sustained.
  • Continuously manage priorities effectively, focusing on efficient work results. Manage a project against a plan and objectives to ensure commitments are met by monitoring, assessing, and resolving variances in budget, timing or quality of work.
  • Monitor and keep up to date with related supplier-specific business activities as well as the extended category industry. Present/update all pertinent supplier and/or industry issues to stakeholders and immediate management and propose recommendations as they apply to existing strategies.
  • Develop customer relationship and add value through working with cross functional teams, maintain alignment with the business objectives.
  • Create, renegotiate, renew, and discontinue supplier agreements or contracts as appropriate.
  • Lead and monitor supplier rationalization initiatives and recommend so that deliver to business objectives and achieve sustainable cost savings.
  • Collaborate and share expertise within the Sourcing community to help build and/or expand our knowledge base and expertise.
  • Support to achieve the targeted results against Sourcing objectives which include a group cost savings goal identified annually and typically in excess of $100M.
  • Ensure effective process and communication channels are in place to maximize the delivery and implementation of any sourcing activity.
QualificationsAny graduate with 5 to 8 years of experience in Strategic Sourcing and 2 years of experience in people management. Any management qualification would be an added advantage.Title: Associate Sourcing ManagerSkill: Procurement, Sourcing, Contract management, Global Stakeholder ManagementBudget: Till 18 LPAExperience: 7 -10 Yeas See Less
About Company
Serving more than 40,000 institutions in approximately 190 countries, Refinitiv provides information, insights and technology that drive innovation and performance in global financial markets. Our heritage of integrity enables our customers to make critical decisions with confidence while our best-in-class data and cutting-edge technologies enable greater opportunity.We enable the financial community to trade smarter and faster, overcome regulatory challenges, and scale intelligently.Right now at Refinitiv, you'll have a unique opportunity to reshape a market-leading company and the industry it serves. We are committed to reinventing and reinvesting in ourselves, meaning you get the best of the startup and corporate worlds. You'll get the level of influence and opportunity that you'd have at a startup, combined with the large-scale impact of working at a global company.
We're reshaping the financial industry. Again. Now's your chance to be a part of it.

...  See More
Serving more than 40,000 institutions in approximately 190 countries, Refinitiv provides information, insights and technology that drive innovation and performance in global financial markets. Our heritage of integrity enables our customers to make critical decisions with confidence while our best-in-class data and cutting-edge technologies enable greater opportunity.We enable the financial community to trade smarter and faster, overcome regulatory challenges, and scale intelligently.Right now at Refinitiv, you'll have a unique opportunity to reshape a market-leading company and the industry it serves. We are committed to reinventing and reinvesting in ourselves, meaning you get the best of the startup and corporate worlds. You'll get the level of influence and opportunity that you'd have at a startup, combined with the large-scale impact of working at a global company.
We're reshaping the financial industry. Again. Now's your chance to be a part of it.
See Less