Senior Specialist, Procurement

About the Role:

Grade Level (for internal use):

09

The Role: Procurement Senior Specialist (US Hours)

The Impact: The Procurement Lead role is responsible for delivering and supporting global sourcing events (RFP's, RFI's and direct negotiations) for Non-IT spend category that includes Professional Services, Legal, Marketing, PR amongst others. The Procurement Lead will assist Global Category Managers (GCM) with sourcing, negotiating, contracting 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 as well as internal stakeholders.

The Team: You will be part of the Procurement Operations team based in Hyderabad reporting to the Global Category Director under Non-IT Sourcing team within the Global Procurement Organization.

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.

Key Responsibilities:

Sourcing:

• 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.
• Own and deliver structured sourcing events (RFP's, RFQ's and RFI's, negotiations etc) to source and implement suppliers. Evaluate and rate suppliers, ensuring integrity of the request for proposal process.
• Conduct negotiations and oversee administration of contracts within assigned spend categories ensuring appropriate contractual clauses are in place to minimize Company's risk.
• Perform commercial negotiations and facilitate contracting process
• Develop a Total Cost of Ownership (TCO) model and benefits tracking approach to be used during key sourcing events
• Understand and communicate key commercial risks in Procurement

Strategy and Planning:

• Partner with Global Category Managers (GCM's) to create and execute sourcing plans in alignment with category sourcing strategies.
• Identify opportunities of for cost savings
• Develop on-going relationships with strategic vendors and functional/division stakeholders
• Engage and coordinate with functional subject matter experts, such as legal, tax, finance, risk, etc., in support of procurement initiatives

Category Management:

• Support in the creation and execution of category management plans and category sourcing strategies
• Identify and champion cost and demand management opportunities to drive procurement value
• Lead and coordinate cross-functional deal teams established to drive value in the sourcing event
• Recommend and participates in the development of relevant category policies and procedures
• Identification and realization of cost-saving and cost-reduction opportunities

Benchmarking and Research:

• Conduct market analysis/ Gather market intelligence
• Develop RFx summaries and vendor evaluation matrices for engagement/vendor managers to evaluate vendor responses
• Provide competitive benchmarking by applying procurement and contract best practices; effectively search and utilize industry and market insights

What We're Looking For:

Qualifications:

• Must be fluent English language speaker. Superior oral and written communication and presentation skills.
• Bachelor's Degree required, Master's preferred.
• Minimum of 5 years in a professional procurement function with a focus on multiple categories
• Proven and demonstrable experience sourcing across multiple Categories including the ability to negotiate complex decisions. Must be able to provide multiple examples of prior experience running sourcing events (RFP's, RFI's and direct negotiation) and delivering cost savings
• 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
• Must have experiencing using e-Sourcing tools (e.g. Ariba, Workday Sourcing, Coupa, Ivalua etc.)
• Flexible to work in flexible schedule covering mid-shift coverage.

What's In It For You?

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence, pinpointing risks and opening possibilities. We Accelerate Progress.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We're committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We're constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values:

Integrity, Discovery, Partnership

At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:

We take care of you, so you can take care of business. We care about our people. That's why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include:

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off helps keep you energized for your time on.
• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Family Friendly Perks: It's not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit:

Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn't stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.

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: and your request will be forwarded to the appropriate person.

US Candidates Only: The EEO is the Law Poster describes discrimination protections under federal law.

20 - Professional (EEO-2 Job Categories-United States of America), FINANC Middle Professional Tier I (EEO Job Group)

Job ID: 296551
Posted On:
Location: Hyderabad, Telangana, India

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