Procurement & Sourcing, AVP (5:30pm-2:00amNight Shift)

State Street · Hangzhou, China

Company

State Street

Location

Hangzhou, China

Type

Full Time

Job Description

RESPONSIBILITIES :

o Execute sourcing strategies that align with Organizational goals and deliver results throughout the Procure to Pay Lifecycle

o Facilitate negotiations and achieve optimal price/performance and price/quality ratio to deliver maximum value and savings

o Develop TCO models and decipher pricing to deliver comprehensive financial analyses

o Performs all duties in accordance with Organizational policies / procedures and prescribed regulatory compliance guidelines.

o Ensure timely execution of Order Forms, Change Orders, Creation of Purchase Requisitions and release of Purchase Order

o Ability to partner with internal stakeholders and suppliers, develop sourcing /negotiations strategies aligning them with future corporate strategy.

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o Knowledge of market trend and new/emerging technologies including market dynamics, trends and key save opportunities across supply, demand, and process to help execute sourcing strategy

o Collaborate with internal stakeholders including Subject Matter Experts to obtain beneficial terms, mitigate business risk and set priorities for sourcing strategy execution

o Proactively manage vendors through the contract lifecycle by monitoring their fulfillment of obligations and by performing benchmarking through scorecards, performance metrics and other tools.

o Provide financial reporting and analysis on key Procurement metrics as per requirement

o Continually identify and drive improvement opportunities

EXPERIENCE & SKILLS :

o Graduate with minimum of 12+ years of experience in Purchasing and/or vendor management with a successful track record of completing RFx events, negotiations and cost saving initiatives

o Expertise in sourcing of IT (Hardware/Software/Telecom) products and services, Outsourcing, Professional Services, IT Globalization/Staffing, Outsourced Financial Services etc

o Excellent Contract interpretation Skills, understanding of product and contract lifecycles

o Excellent strategic thinking and problem-solving skills

o Proven self-starter who can work independently, effectively manage priorities and has a strong track record of delivering outstanding results.

o Personal resilience to work within tight deadlines in an extremely fast-paced ambiguous environment

o Excellent communication(written/verbal) and interpersonal skills, demonstrated ability to develop highly functioning business relationships/stakeholder management

o Must be organized, detail oriented, responsive and be able to adapt quickly to a rapidly changing environment

Additional Informtion: Night Shift, working hour 5:30pm-2:00

State Street's Speak Up Line

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Date Posted

12/20/2024

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