As the Head of Sourcing for Technology and Professional Services, you will be responsible for leading and managing all aspects of strategic sourcing and procurement related to technology and professional service categories within the across the region. Managing a small team, you will develop and implement sourcing strategies, establish supplier relationships, negotiate contracts, and drive cost savings initiatives while ensuring the highest quality and value for the organization.
1. Develop and Implement Sourcing Strategies:
- Identify and understand the technology and professional services needs of the organization.
- Develop comprehensive sourcing strategies and plans to meet those needs.
- Conduct market research and analysis to identify potential suppliers and market trends.
- Collaborate with stakeholders to align sourcing strategies with business objectives.
2. Supplier Relationship Management:
- Build and maintain strategic relationships with key suppliers.
- Evaluate supplier performance to ensure compliance with contractual obligations and service level agreements.
- Conduct supplier audits and assessments to assess capabilities, quality, and reliability.
- Identify opportunities for supplier consolidation and optimization.
3. Contract Negotiation and Management:
- Lead contract negotiations with suppliers to secure favorable terms and conditions.
- Ensure that contracts are comprehensive, legally sound, and protect the interests of the organization.
- Monitor contract compliance and manage contract variations or disputes.
- Collaborate with legal and other relevant teams to minimize contractual risks.
4. Cost Savings and Value Generation:
- Identify cost-saving opportunities and value generation initiatives.
- Implement strategies to optimize total cost of ownership.
- Drive continuous improvement in procurement processes and practices.
- Monitor and report on key performance indicators related to sourcing activities.