Procurement Manager - IT Strategic Sourcing (Procurement)

Position Overview

We are looking for a proactive and experienced individual to take on the role of Strategic Sourcing/ Supplier Relationship Manager. The successful candidate will play a pivotal role for overseeing and managing third party risk process, cultivate and manage relationships with key suppliers, ensuring a robust and collaborative network and stay abreast of market trends and technological advancement to inform strategic planning and decision-making ensuring a resilient and sustainable supply chain.

Role & Responsibilities

Strategic Sourcing 

• Support the development, implementation and execution of Strategic Sourcing strategies that align with the business needs. 
• Cultivate and manage relationships with key suppliers, ensuring a robust and collaborative network. 
• Conducting key suppliers’ business review at C suite level. 
• Collaborate with cross-functional teams to align supplier management strategies with overall business objectives. 
• Perform market intelligence and analysis including supplier landscape, capabilities, and technology roadmaps to develop Category Strategies with Category Sourcing Managers 
• Provide valuable market insights and stay abreast of market trends and technological advancement to inform strategic planning and decision-making ensuring a resilient and sustainable supply chain. 
• Participate in supplier segmentation and strategic goal setting to improve value such as spend reduction, purchasing efficiency, and supplier management. 

Supplier Management 

• Establishing standards by which to assess the performance of approved vendors. 
• Evaluating current vendor management programs and identifying ways to improve them.
• Development and execution of key vendor risk management activities.
• Establishing standards by which to assess the performance of approved vendors.
• Evaluating current vendor management programs and identifying ways to improve them.
• Implementation of new vendor onboarding, renewal, and off boarding processes, and ensure all required risk management processes are performed as per governance standards.
• Coordinate and ensure appropriate compliance activities are always performed.
• Carry out regular risk reviews on all vendors to ensure suitability of on-going business engagements.
• Maintain a profile of all vendors, monitoring timelines for reviews, ensuring all relevant information is up to update.
• Provide advice and guidance to business partners and teams as appropriate regarding Vendor Management best-practice.
• Partnering with internal functions to interact with third parties on escalations of non-performance and contractual issues to drive resolution when appropriate.
• Facilitating remediation of issues or gaps identified as part of ongoing monitoring.

Requirements

• Degree holder or its equivalent from a recognized tertiary institution
• At least 5 years of experience in strategic sourcing, supplier management or third-party risk management
• Demonstrated ability to negotiate and influence internal and external stakeholders to deliver results.
• Solid analytical skills demonstrated in performing bid analysis, cost analysis, fair-value analysis, and scenario modelling.
• Excellent understanding of 3rd party risk management and corporate compliance.
• Excellent verbal and social skills, adept at establishing and nurturing strong relationships with both internal teams and external partners.
• Excellent at delivering clear and concise communications, whether verbally, in writing, or through presentations, especially when discussing updates and challenges.
• Able to interface with multiple levels of management.
• High level of integrity and dependability with a strong sense of urgency
• Relevant experience in healthcare industry is an added advantage.

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