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S&P Global Corporate
The Role: Buying Desk Specialist (Sourcing & Category Management), Procurement
The Team: You will be part of the growing Buying Desk team in India under the Global Procurement Team.
The Impact: The Buying Desk Specialist role is responsible for delivering and supporting global sourcing requirements (RFP’s, RFI’s and direct negotiations) across +$600m of S&P Global indirect spend categories including Professional Services, HR, IT Services, Travel, Meetings & Conferences, Enterprise Services, Marketing, Sales and Telecoms. The Buying Desk Specialist will assist the Global Category Managers (GCM) and Regional Sourcing Managers (RSM’s) with sourcing, negotiating and implementing global suppliers as part of the execution of global category strategies.
The primary objective of the selected individual will be to achieve the best total value in sourcing, including cost reductions, while establishing strong partnerships with core product and service
providers.
What’s in it for you: This is an exciting role with broad responsibilities and the opportunity to grow and take on increasing levels of responsibility. The successful candidate will be joining a growing Procurement department on an exciting path towards world class standards and the Procurement Lead will be part of a strategy to advance the procurement maturity of the broader Procurement function within S&P Global.
Responsibilities :
Strategy and Planning:
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Partner with Sourcing Analysts, Global Category Managers (GCM’s) and Regional Sourcing Managers (RSM’s) to create and execute sourcing plans in alignment with category sourcing strategies
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Develop on-going relationships with strategic vendors and functional/division stakeholders
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Engage and coordinate with functional subject matter experts, such as legal, tax, finance, risk, etc., in support of procurement initiatives
Sourcing:
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Drive efforts in continuous improvement sourcing approach and identify and execute performance improvement initiatives aimed at achieving year-on-year reductions in S&P Global’s procurement efficiency ratio. Develop/drive sourcing strategies for each of the items or services within a spend category through vendor negotiations, process improvements, and compliance
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Manage the enterprise software negotiations to drive savings and streamline the purchasing process for software
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Evaluate and rate suppliers, ensuring integrity of the request for proposal process
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Conduct negotiations and oversee administration of contracts within assigned spend categories ensuring appropriate contractual clauses are in place to minimize Company’s risk.
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Perform commercial negotiations and ensure proper hand off of the contracting requirements to our Contracts Team
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Generate market intelligence and vendor assessment reports and leveraging applicable information for all category planning and sourcing activities
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Ensure GCMs and RSMs are aware of cultural, political, legal and social challenges that may exist, and provide support in overcoming these challenges.
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Coordinate financial impact with divisions/functions and Finance
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Understand and communicate key commercial risks in procurement
What We’re Looking For:
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Fluent English. Superior oral and written communication and presentation skills
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Bachelor’s Degree required
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Minimum of 5 years in a professional procurement function with a focus on multiple categories
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Proven and demonstrable experience sourcing across multiple Categories including the ability to negotiate complex decisions. Ability to provide multiple examples of prior experience running sourcing events (RFP’s, RFI’s and direct negotiation) and delivering cost savings
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Demonstrable experience in building strategic partnerships both internally and externally with key stakeholders and vendors with deep knowledge of vendors and trends to inform category planning
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Experience using e-Sourcing tools (e.g. Ariba, Scout, Coupa, Ivalua etc.) – is a must
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Flexible in work schedule
Flexible Working (optional)
We pride ourselves on our agility and diversity, and we welcome requests to work flexibly. For most roles, flexible hours and/or an element of remote working are usually possible. Please talk to us at interview about the type of arrangement that is best for you. We will always try to be adaptable wherever we can.
Return to Work
Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative (link to career site page when available), we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
Grade/Level (relevant for internal applicants only): 08
The Location: Hyderabad, India
About Company Statement:
S&P Global delivers essential intelligence that powers decision making. We provide the world’s leading organizations with the right data, connected technologies and expertise they need to move ahead. As part of our team, you’ll help solve complex challenges that equip businesses, governments and individuals with the knowledge to adapt to a changing economic landscape.
Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: [email protected] and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
20 – Professional (EEO-2 Job Categories-United States of America), FINANC203 – Entry Professional (EEO Job Group)
Job ID: 295623
Posted On: 2023-12-16
Location: Hyderabad, Telangana, India
