Lead and implement less complex agreements and renewals, including interactions with the vendor, legal, business unit, and procurement operations
Negotiate contract terms with vendors to ensure value for money, quality standards, and delivery terms with technical and operational input from collaborators and your team as appropriate
Settle specifications and requirements for products and services
Become your team’s Subject Matter Authority on procurement systems data reporting and management
Maintain and oversee the team’s sourcing project pipeline
Be your team’s primary interface with Procurement Operations, Accounts Payable, and Supplier Life Cycle Management teams for non-contract issues
Ensure adherence to the sourcing policies and thresholds set by the Global Procurement Team
Help develop or update sourcing or purchasing policies as needed
Build strong and lasting relationships with internal collaborators and key suppliers to understand their businesses and needs
Work collaboratively and support the Sourcing Managers to negotiate and engage with key collaborators to facilitate delivery and compliance with the procurement strategy
Support the Team Leads and Sourcing Managers in:
Working with cross-BU collaborators to ensure a “One Bloomberg” approach to common suppliers
Developing sourcing strategies and leading a robust strategic sourcing pipeline
Understanding the internal and external environment for the goods/services required
Building negotiation strategies and closing deals with optimal terms
Engage collaborators across various business units and/or geographies
Understand the impact of market changes and potential effects on suppliers
Provide guidance on the sourcing and purchasing process to collaborators
Respond to collaborator requests in an accurate and timely manner
Provide support to the rest of the team to make sure we deliver first-class customer service
Support regional sourcing opportunities as needed
Work with your TL to create and implement a Development Plan to be ready for career advancement on an agreed timeframe
Requirements & Skills:
Up to 5 years experience in a software procurement or sourcing role
Experience independently negotiating and implementing vendor agreements
Customer Service skills (including issue resolution, problem-solving, timely delivery & ownership of tasks)
Excellent communication, interpersonal skills, and attention to detail
Demonstrable collaborator engagement abilities
Good project management and supplier management skills
Familiarity with E-Sourcing and contract management tools
Very strong ability to gather, analyze, and report on internal data sources as well as capture external data and combine with internal sources to inform sourcing decisions
Education to degree level, CIPS, or combination of education and work experience
Ability to interact optimally in a cross-functional environment with multiple levels of collaborators
Ability to learn new applications relevant to the role
