Should have experience in sourcing of vendors in financial services category
Job Description:
Sourcing Responsibilities:
- Sourcing Plan: Develop & manage sourcing plan for professional services (like audit, taxation, training, financial services, etc.) and contract labor.
- Collate business requirement: Work in close coordination with business partner to understand project specific requirement.
- Strategic negotiation: Develop commodity specific analytics, volume based pricing structure, negotiate rate card for recurring requirement and manage win/win sourcing strategies with suppliers.
- Develop supplier market intelligence: Develop supplier market intelligence, understand and interpret supplier market economics and develop pricing benchmarks.
- Contractual knowledge: Negotiate commercial terms of contracts with existing/new suppliers to establish and renew Master Services Agreements (MSA) and rate cards.
- Execute RFP's: Constructing and managing RFIs/ RFPs/RFQ's to drive supplier selection processes.
- Selection criterion and pursuing Master Agreement with the final vendor.
- Presentation skills: Deliver presentation for high visibility projects with internal and external stakeholders to highlight project overview, requirements, sourcing strategy and project update.
- Knowledge of tools: Knowledge of various tools like Ariba etc
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