- Drives overall program oversight of savings initiatives including tracking of savings opportunities, validation of savings achieved, and regular reporting of results to date.
- Executes strategic initiatives, and as necessary drive ongoing operational excellence improvement projects across the organization (including process and technology implementation).
- Analyzes industry trends and evolving procurement technologies to proactively identify opportunities to adapt leading practices.
- Owns the accurate procurement budgeting, controlling and reporting on respective categories, as well as setting up unified process guideline across all related categories.
- Supports business? growth strategy, revenue goals savings, and business transformation objectives through effective Sourcing and Procurement relationships.
- Utilizes expert industry knowledge and advanced business models in development of strategies and structuring internal business relationships.
- Directs the development and implementation of processes required to ensure successful relationship management with our business partners.
- Leads and directs a high performing and motivated professional staff responsible for interfacing with functional/business unit management and Sourcing and Procurement functions.
- Provides expert knowledge to support strategic decision-making and inform category leads on business strategy that may impact services strategy.
- Provides an in-depth overview of strategic sourcing.
- Leads and manages the S2C process for DTCC.
- Oversees contract category and supplier management.
- Manages SOW in SAP Fieldglass and Oracle Procurement.
- Develops a negotiation strategy that delivers against business objectives and achieves sustainable relationships with suppliers.
Required Skills : Qualifications for Sourcing Managers (Oracle and FieldGlass) Bachelor's degree in Procurement and Supply Management, or Business Administration, or in a related discipline AND 10 years of Strategic Sourcing experience Preferred: Concentration in Professional Services, including HR, Legal, etc. Experience working in E-Sourcing tool, Oracle iProcurement. Experience of working with Vendor Managed Systems (VMS) e.g. (Fieldglass etc.) Oracle Licenses / Certifications Certified Professional in Supply Management (CPSM) certification preferred. Qualifications for Sourcing Managers (Oracle and FieldGlass) A bachelor s degree and at least 10 years of related work experience. Strong written and verbal communication, presentation, client service and technical writing skills Experience managing multiple business stakeholders as part of the internal fulfillment of the procurement function. Licenses / Certifications Certified Professional in Supply Management (CPSM) certification preferred.