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POSITION DESCRIPTION Working with the GMBH Procurement Manager and the EMEA Regional Category teams partnering on contract execution at a country level and managing requirements related to individual countries specifically to optimize total cost of ownership (TCO) and deliver improved value for money/cost savings. The individual will focus on strategic sourcing execution, internal relationship management, delivering cost reductions and contract negotiations.
Support the business through the complete procurement process and help drive Sourcing Projects and contract negotiation process for the organization.
Support negotiations across Regional or Global deals some of which will be complex, high impact situations involving business risk, and achieve optimal price/performance and price/quality ratio to realize structural savings.
Ensure that appropriate policies and procedures are followed and used consistently throughout the acquisition process to identify and mitigate 3rd party risk.
Engage and work closely with business partners and senior management on sourcing opportunities, functionality requirements, projects, priorities, and timelines as well as the commercial obligations of their vendor agreements.
Collaborate with Business and Legal to obtain beneficial commercial and legal terms, mitigate business risk and set priorities for contract execution.
Proactively manage vendors through the contract lifecycle by monitoring their fulfillment of obligations and services and by performing benchmarking through scorecards, performance metrics and other means.
Communicate, incorporate and execute senior management and department level vision, strategy, and business objectives.
Maintain contracts and contract data in globally centralized contract management and expense databases, and ensure colleagues and business partners are trained appropriately on sourcing tools and the contract workflow.
Track and communicate industry trends and market intelligence
EXPERIENCE & SKILLS
Minimum of 8+ years' Procurement experience
Must be fluent in English with additional language a benefit (Italian preferred)
Negotiation experience a benefit.
Strong communication and interpersonal skills, and proven ability to work independently and within a team.
Demonstrated ability to build and develop highly functioning business relationships at senior levels both within and outside the organization.
Proven project management skills including the ability to drive projects to completion.
Ability to work well under tight deadlines in a fast-paced, team-oriented environment.
Must be organized, detail oriented, responsive and be able to adapt quickly to a rapidly changing environment.
Technically proficient on standard business applications and able to learn new technologies as they relate to this role.
Internal Number: 5641058
About State Street UK
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