Vacancy expired!
One of the world s most prominent derivatives marketplace is focused on seeking highly motivated individuals to help foster their corporate culture and uphold their core values with integrity. In this role, you will be working with the most advanced trading technology and industry-leading clearing and risk management capabilities. Come join their world-class team!
This Direct Hire role as a Sr Software Buyer in Chicago, IL is a highly motivated technology procurement professional with excellent analytic and sourcing best practice skills. Significant hands-on experience managing strategic enterprise software, SaaS, and cloud services sourcing initiatives. The Sr Buyer is a sourcing professional, negotiator, and project manager accountable for end-end sourcing and contracting. This role provides essential procurement and supplier expertise in the areas of strategic sourcing and category management with strong commercial and contractual experience. This role will deliver high quality, innovative and proven cost-effective methodologies to support the company and department objectives. This role will interface and foster a collaborative environment with cross functional teams. This role requires exceptional verbal and written communication, strong organizational and time management skills. This role is a Hybrid model in Chicago, 2 days in office, 3 days WFH. Responsibilities:- Develop global sourcing strategies to deliver against business objectives for internal clients
- Proactively identify (through analysis and business unit partnerships), develop and execute on sourcing opportunities driving cost savings, cost avoidance, risk reduction, enhanced business outcomes and process improvements, and improved service meeting current and future business and category needs
- Lead negotiations with new or potential suppliers, as well as current suppliers (for renewals); negotiations including pricing and commercial terms as well as legal terms, working with our legal team.
- Establish trusting relationships with senior level leadership and internal business partners; building a robust understanding of strategic business direction, requirements, and priorities across spend categories.
- Evaluate supplier core competencies and competitive positioning using industry cost models and benchmarking analysis; leveraging key-insights to inform and support the category strategy development process.
- Manage the fundamentals of sourcing and supplier engagement activities including RFx, spend pattern analysis, contract analysis, bid evaluation, negotiations, and supplier consolidation.
- Prepare and coordinate business reviews with stakeholders to review vendor performance, future opportunities, and/or challenges.
- Embrace fact based decision making; leverage and/or integrate market or benchmark data, spend analytics, and cost modeling.
- Manage critical supplier relationships; develops plans with providers that support business goals and strategies and drive continuous improvement.
- Develop performance-based scorecards and monitors, documents, and evaluates supplier performance
- Lead the resolution of disputes with suppliers.
- Looking for someone who has worked in Procurement as a Software Buyer for at least 3-5 years
- Sourcing experience
- Understanding of licensing
- Negotiations for large companies (Microsoft, Oracle, Salesforce, IBM, BMC, Citrix, VMWare, Redhat, etc) have they negotiated multi-million-dollar savings?
- Working on RFPs with senior level IT members, understands RFP cycle
- Familiar with best category strategies for IT spend
- Excellent understanding of procurement processes, industry, and complex suppliers
- Excellent analytical skills
- Excellent business application skills (e.g., Excel, PowerPoint)
- Strong knowledge and use of procurement applications
- Excellent communication skills
- Strong project management Skills
- Ability to create a contract from standard or customized templates with limited supervision
- Strong understanding of contracting principles
- Ability to close complex deals in a timely fashion
- There are some certifications in this space, such as CPSM (Supply Chain Management cert)
- Gartner offers a training for technology buyers, if someone has done this, would be great.
Vacancy expired!