IBM Complex Sourcing Project Owner 

India, Karnataka, Bengaluru 

42047274

Responsbilities:

• Strategic Sourcing : Developing and implementing strategic sourcing strategies to meet IBM’s procurement needs, including identifying potential suppliers, evaluating their capabilities, and negotiating contracts. Managing the procurement process, including the issuance of requests for proposal (RFPs), evaluation of bids, and contract award.
• Focal for Internal Stakeholder – CDO will be the single point of contact for internal stakeholder for any new engagement or a renewal and will act as a focal throughout the deal submission, execution and renewal.
• Team Management – CDO will ensure the sourcing activity is identified and categorised by commodity and further by – Ops Buy, Tactical Buying and Strategic Sourcing. The CDO will assign the sourcing events to the respective buyers accordingly. The CDO will have end to end ownership for the deal and will identify and assign the relevant team accordingly.
• Contract Management: Managing the contract lifecycle, including contract negotiation, execution, and administration. Ensuring compliance with IBM’s policies and procedures.
• Supplier Management: Building and maintaining relationships with strategic suppliers, ensuring they meet IBM’s quality, cost, and delivery requirements. Developing and implementing supplier performance management programs to monitor and improve supplier performance.
• Cost Management: Developing and implementing cost reduction strategies, including negotiating pricing and terms with suppliers, and identifying opportunities for cost savings.
• Risk Management: Identifying, assessing, and mitigating risks associated with procurement deals, including risks related to supplier performance, quality, and delivery. Identifying and mitigating risks associated with the procurement process, such as supply chain disruptions, supplier insolvency, and non-compliance with regulations.
• Compliance: Ensuring compliance with IBM’s policies and procedures, as well as local and international laws and regulations.
• Project Management: Managing Sourcing Project Requests(SPR’s) ensuring timely closure of the sourcing activity and maintaining movements of SPRs on timely basis in Ariba
• Stakeholder Management: Collaborate with cross-functional teams, such as legal, finance, and technical, to ensure that the procurement process is integrated with the IBM’s overall strategy and operations.
• Market Research: Leverage Market Intelligence to identify trends, opportunities, and best practices in procurement, and applying this knowledge to develop strategic sourcing strategies.
• Process Improvement: Identifying opportunities for process improvement and implementing changes to improve the efficiency and effectiveness of the procurement process.
• Supplier Diversity: Developing and implementing supplier diversity programs to promote diversity and inclusion in the procurement process.
• Technology Management: Staying up to date with the latest procurement technologies and tools, and identifying opportunities to leverage technology to improve the procurement process.
• Data Analysis: Analysing procurement data to identify trends, opportunities, and areas for improvement. Using data to negotiate better deals with suppliers and to make informed decisions.
• Innovation: Identifying opportunities for innovation in the procurement process, and implementing new ideas and approaches to improve efficiency and effectiveness.
• Metrics – Responsible for procurement performance metrics, such as cost savings, cash, cycle time, diverse spend and supplier performance.
• Sustainability – Ensuring that the procurement process is conducted in a ethical and sustainable manner, considering factors such as environmental impact, social responsibility, and diversity and inclusion.
• Documentation – Maintaining accurate records and documentation of the procurement process, including contracts, agreements, and communication with suppliers.
• Spend Reduction – Understand spend objectives, identify and execute opportunities for spend reduction aligned to overall Global Procurement objectives

Required Technical and Professional Expertise

• 15+ years of experience hands-on experience in Indirect sourcing
• Sourcing experience with large IT/ITES/ Consulting organizations preferred.
• Expertise in at least one of the following Categories viz, Managed Services, Corporate Professional Services, Contingent Work force, Technology – OEM Hardware, Software etc. is mandatory.
• Experience across more than one indirect categories would be an added advantage.

Skills required for a complex deal owner :

• Proven Communication skill Communication Skills
• Technical Skills: Familiarity with procurement software and tools is essential for a complex deal owner in procurement at IBM. They should be able to use tools such as SAP, Ariba, and other procurement software to manage procurement processes, track spend, and analyze data.
• Risk Management Skills: A complex deal owner in procurement at IBM must have a good understanding of risk management principles to identify and.
• A good understanding of compliance regulations and laws. They should be able to ensure that procurement deals comply with local and international laws and regulations, such as data privacy laws, anti-corruption laws, and trade regulations.

Preferred Technical and Professional Expertise