Procurement Sourcing Specialist

3 days ago

Quezon City, National Capital Region, Philippines Manulife Full time ₱900,000 - ₱1,200,000 per year

We're looking for a
Procurement Sourcing Specialist
to join our MBPS Procurement COE Team . You will be responsible for driving and supporting global sourcing and contracting events in the low impact stream of Manulife's indirect spend categories. In this specialist role, you are vital in maintaining the relationship between Manulife and its third-party vendors during the course of the end-to-end procurement process, as well in supporting the Category Managers in-line with the "Buy Better" strategy of the Procurement organization.

Qualifications:

  • Bachelor's degree in Business, Finance, Information Technology, Engineering, or other related disciplines
  • Minimum 3 years of experience in Procurement and Supply Chain, preferably in the shared services industry
  • Strong communication skills and task management skills
  • Adequate experience in the execution of sourcing, negotiation and contracting process
  • Familiarity with e-Sourcing tools and strategies to maximize savings
  • Familiarity with North American contracts including main clauses required for specific types of agreement, Statement of Work, Project Requirements, and Exhibits
  • Comfortable working with legal and risk subject matter experts
  • Knowledge of Procurement or Finance applications and systems, databases and reporting tools allowing for high level spend assessment and analytics
  • Strong PC skills and proficiency with MS excel, Word, Powerpoint, etc.
  • Familiarity with project management processes and systems
  • Experience within real estate, facilities, marketing and/or human resources is an advantage
  • Attentive to details, innovative and result driven
  • Operates in a professional and ethical manner with customers and vendors
  • Amenable to work on a night shift schedule

Key Responsibilities:

  • Support and / or lead sourcing initiatives in accordance with business requirements within aggressive timelines while ensuring the integrity of the bidding process.
  • Establish and maintain a collaborative relationship with third party vendors
  • Conduct negotiations and secure deals that drive savings, meet and fulfill business requirements.
  • Ensure projects are conducted in compliance with internal procurement policies.
  • Manage the mailbox and work intake tools to ensure timely resolution of stakeholder queries and concerns; accurate documentation of project development; and prompt communication of relevant issues and updates with business partners.
  • Perform detailed analysis of spend, contract terms and conditions.
  • Drive and champion established procurement strategies for each sourcing event in accordance with their respective spend categories.
  • Maintain a mutually beneficial engagement with Category Managers to allow for sharing of best practices and ensure alignment with category strategies.
  • Coordinate with functional subject matter experts such as Risk, Legal, Finance, and Tax to ensure compliance with the company's standards from a contractual standpoint.
  • Monitor market trends, competitor strategies and market suppliers for the respective category.
  • Support business unit clients' understanding of procurement processes, policies, and systems.

When you join our team:

  • We'll empower you to learn and grow the career you want.
  • We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
  • As part of our global team, we'll support you in shaping the future you want to see.

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