IT strategic sourcing
Technology categories subject matter expert (SME) managing high value and complex purchases and covering the end to end sourcing life cycle.
Key Responsibilities
- Drive high value & complex sourcing initiatives/projects for technology purchasing categories.
- Analyze the spend of the assigned technology categories and identify potential cost saving opportunities in collaboration with business units stakeholders
- Partner with business units stakeholders to ensure smooth communication and clear documentation.
- Support the Strategic Sourcing lead to take direct responsibility for large scale or complex sourcing initiatives through Category / Commodity plans whilst ensuring the risk associated with the purchase of Goods & services are mitigated commercially, contractually and operationally.
- Execute strategic sourcing activities for assigned technology categories including but not limited to business requirements, spend analysis, supply market analysis, agree on sourcing strategies, preferred vendors and tendering tools (RFP/RFQ/RFI), purchase order issuance and contract handover to business unit, procurement operations and vendor management.
- Support line manager to achieve Key Performance Indicators (KPI) as set out in the objectives.
- Track and report category spend, savings and general performance.
- Monitor and forecast upcoming projects for assigned technology categories
- Forecast price and market trends to identify changes of balance in buyer-supplier negotiation power.
- Renew annual maintenance contract in due time at the best cost.
- Execute sourcing strategies and comply with contractual guidelines.
- Enhance the overall procurement cycle and ensuring the best value for money spend
- Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
Competencies/Skills
Education
Minimum Graduation or Bachelor's degree in Business Administration, Technology or equivalent field.
Work Experience
Minimum of 3 - 4 years of experience in procurement category management buying related to technology products and services
Technical Comptencies
- Strategic sourcing
- eProcurement
- Tendering tools (RFx)
- Spend analysis
- Supply market analysis
- Vendor management
- Negotiations skills
- Contracts and contracts management
- Sharia principles of Islamic finance
ERP Applications
