Senior Procurement Manager

Overview

The Senior Procurement Manager is responsible for leading strategic sourcing and category management across the organization, with a dedicated focus on IT procurement encompassing hardware, software, IT services, and related resources. This role emphasizes optimizing spend, enhancing supplier strategies, analyzing market trends, negotiating commercial agreements, and driving procurement transformation efforts.

Key Responsibilities

• Champion group-wide strategic sourcing and procurement optimization projects.
• Oversee IT procurement including hardware, software licensing, services, and technology personnel sourcing.
• Formulate category and sourcing strategies that align with the organization's broader business goals.
• Perform market research, supplier assessments, benchmarking, and cost evaluations.
• Lead contract negotiations, manage high-value agreements, and cultivate supplier partnerships.
• Spot opportunities for cost reduction, efficiency enhancement, demand management, and added value.
• Drive digitization, data analytics, governance, and process improvements within procurement functions.
• Develop and maintain strong relationships with key suppliers and monitor their performance.
• Collaborate closely with Finance, IT, Strategy, Investment divisions, and business units to integrate procurement within business planning.
• Guide, mentor, and grow procurement teams ensuring alignment with corporate procurement objectives.

Qualifications and Experience

• Bachelor's degree in Procurement, Supply Chain Management, Business Administration, Finance, Engineering, or related fields.
• 10 to 15+ years of advancing procurement experience, especially in strategic sourcing, category management, and leadership roles.
• Extensive background in IT procurement including hardware, licensing, infrastructure, services, and technology sourcing.
• Demonstrated experience navigating procurement complexities within large, multifaceted organizations.
• Proficient in supplier management, commercial negotiations, contract oversight, and cost control.
• Skilled in spend analytics, procurement modernization, digital tools, and performance tracking.
• Handled management of high-value contracts and complex sourcing engagements.
• Experience collaborating with high-level stakeholders across Finance, IT, Strategy, Investment, and Business Units.
• Preferred professional certifications include CIPS, MCIPS, CPSM, or equivalents.

Core Competencies

• Expertise in strategic sourcing and category management.
• Specialized knowledge in IT procurement and technology sourcing.
• Strong analytical skills in spend and market intelligence.
• Effective management of supplier relations.
• Strong commercial negotiation and contract administration capabilities.
• Ability to implement cost optimization and value generation strategies.
• Proficiency in procurement transformation and digitalization initiatives.
• Data-driven decision-making aptitude.
• Stakeholder engagement and senior leadership collaboration.
• Strategic business thinking and partnership skills.
• Leadership skills in building procurement team capabilities.

Performance Indicators

• Achievement of procurement savings and cost avoidance targets.
• Percentage of spend managed under strategic procurement.
• Supplier compliance and performance measures.
• Efficiency in strategic sourcing cycles.
• Utilization rate of contracts and frameworks.
• Effectiveness of procurement processes.
• Supplier base consolidation and optimization.
• Accuracy in procurement analytics and reporting.
• Realization of IT sourcing savings and value.
• Stakeholder satisfaction levels.
• Successful delivery of procurement transformation goals.