Global Source to Contract Specialist

We have a new and critical role in the Global Procurement function as a 'Strategic Sourcing Specialist’. The successful candidate will be responsible for developing sourcing strategies and  conducting strategic sourcing activities across both IT and non-IT spend areas. 

We invite applications from candidates who have experience in just some or all of the above listed sub- categories, because we are open to shaping the role for the right candidate.

What you’ll be Doing:

• Acting as a Key Procurement point of contact for strategic sourcing, you will be proactively engaging, managing and building relationships with key business stakeholders to understanding their service requirements in conjunction with regional and corporate goals.
• Navigating challenging situations, settling internal and external differences with minimum conflict, and gaining trust and respect from your business stakeholders.
• Managing supplier risk to establish a stable supply chain that allows IFS to offer uninterrupted services to its end-users in the business.
• Proactively sharing subject matter expertise and up-to-date external supply market knowledge with your business stakeholders.
• Building performance-based supplier partnerships that help drive optimal pricing, quality and process improvements.
• Leading and conducting key supplier performance reviews, using supplier scorecards to develop continuous improvement initiatives and actions.
• Leveraging spend and supplier data to develop an activity pipeline that can drive greater value for IFS through Supply, Demand, Governance or Compliance.
• Developing and delivering 3-year category strategies to optimize category products and services consumption, as well as improving efficiency, demand management, cost reduction and risk minimization for the category.
• Leading and managing the end-to-end sourcing and supplier management process for both global and regional initiatives, (including tenders, supplier market and selection analysis, RFPs and supplier presentations).
• Leading supplier negotiations on requirements, commercial terms and technical matters ensuring the end-result maximizes value delivery, minimizes risk and clearly aligns with the company’s goals and objectives.
• Developing master Services Agreements and Frameworks in accordance with both regulatory and IFS policies.
• Working with legal, finance and IT teams who may be leading or contributing to any of the above activities.
• Running category specific initiatives to support our ESG agenda, which is a key priority for IFS.
• Category housekeeping such as the expiring contracts pipeline, savings performance tracking, PSL maintenance.
• Identifying opportunities to introduce new technology or improvements into your category.
• Keeping up to date with industry trends through webinars, conferences and networking opportunities.
• Providing updates and reporting to senior leadership on key performance metrics for your spend area.
• Coaching the sourcing team in their professional development and pursuit of building category knowledge within your area of expertise.
• Acting as a champion for the global procurement transformation, with a particular focus on embedding strategic sourcing across the businesses.
• Acting as an ambassador of the Procurement organization with internal stakeholders and external suppliers.
• Supporting the development of material for category management to standardize processes, document lessons learned and good practice, and deliver improved operational efficiency