Senior Manager, Technology Sourcing

Overview

Senior Manager, Technology Sourcing leads sourcing strategy and sourcing engagements for infrastructure categories (Cloud, Software, Network, Telecom, Hardware, Storage) and related services, as well as technology innovation, and assists business leaders in managing spend and supplier relationships for their P&Ls.

What you'll do

• Develop category plans and sourcing strategies containing a portfolio of key initiatives that deliver the IT Strategy.
• Contribute to the development of the annual pipeline of IT sourcing initiatives, integrating with the financial planning process.
• Instil Global Procurement Methodology and proper use of Procurement Policy across the organization.
• Deliver IT sourcing initiatives, achieving best value within acceptable risk.
• Draft, redline and negotiate supplier contracts within Thomson Reuters's contracting standards and business objectives.
• Rationalize the number of IT suppliers and reduce fragmentation in the spend base to simplify the supplier landscape and drive commercial efficiency.
• Provide support and coaching to junior members of the larger Procurement organization.
• Collaborate with Procurement Legal, Risk Oversight Functions, Technology and Business stakeholders.
• Represent Procurement in governance forums with strategic IT suppliers, and build and enhance relationships with strategic IT suppliers along with vendor and service delivery management teams to deliver high levels of service whilst maintaining best-in-class commercial terms and conditions.
• Ensure category plans and sourcing strategies are developed and approved by all relevant stakeholders.
• Ensure high-quality collateral, sourcing project artifacts, and negotiated supplier agreements are developed and approved in accordance with the Global Procurement Methodology at each stage of the sourcing lifecycle.
• Significantly reduce third party risks with mitigation strategies for each IT sourcing initiative.
• Deliver significant and sustainable annual reduction in Thomson Reuters cost-base, demonstrated using a robust savings methodology which is consistently applied and rigorously approved.

What you'll need

• At least 10 years of experience in IT Sourcing, including successful development and negotiation of IT agreements more than $20M value.
• Proven track record of delivering significant and sustainable cost reductions through effective implementation of a coherent IT sourcing strategy.
• Deep understanding of contract terms and contractual language; proven skills and experience in drafting and redlining contracts.
• Good external and internal relationship management and cross-functional leadership skills.
• Experienced sourcing practitioner, understanding of best-practice sourcing methodology and a demonstrated track record of working ethically to achieve excellent outcomes.
• Experience of leading negotiations with major global infrastructure suppliers (e.g., AWS, Microsoft Azure, Google Cloud Platform, Oracle, IBM, Cisco, Equinix, Dell, HP, Apple, Checkpoint, NetApp, etc.).
• Knowledge of the sourcing marketplace and industry trends, as well as regulatory climate, including the ability to assess the impact of change in the context of the sourcing strategy.
• Expert analytics and ability to develop coherent and high-quality sourcing collateral including business cases, contract summaries, presentations, and RFx materials.
• Experience in building strong relationships with senior IT and business executives.

Nice to have

• Procurement certification or equivalent experience, and experience in Technology-related fields.

Details

• Location: Bangalore, Karnataka, India (Bengaluru, Karnataka).
• Reporting to the Senior Director Technology Sourcing.
• Hybrid work model for office-based roles, with work from anywhere for up to 8 weeks per year.