Procurement - Strategic Sourcing Partner u2013 6 month contract

Procurement – Strategic Sourcing Partner u2013 6 month contract

Location

London

Business Area

Accounting and Finance

Ref #

10044237

**Description & Requirements**

The Bloomberg Terminal quickly and accurately delivers business and financial information, news and insight around the world to over 315,000 customers worldwide. Our global terminal customers depend on our proprietary high-quality hardware to be able to access our terminal and make critical business decisions. Bloomberg\’s Global Finance team works with all things (you guessed it) financial! We help business partners with all aspects of Procurement to cash collection, customer billing, revenue recording, vendor invoice processing and payments, regional treasury, and cash funding, indirect tax, capital planning and fixed assets. Global Procurement supports both the strategic sourcing and operational purchasing of goods and services for the organization. What does that mean? We procure and distribute the goods and services that Bloomberg needs to do business. We handle any vendor-related risks and deliver the best customer service in the world.

We understand urgency, work hard, have commercial acumen and are customer service driven. Our clients internally and externally count on us daily. Our team is tight, but our culture is wide open, where we challenge and support each other\’s creative ideas to remain first-class.

**The Role:**

Our dynamic Procurement department is seeking an enthusiastic and ambitious Strategic Sourcing Manager to join its team based in London at our EMEA Headquarters. The successful candidate will assist in developing and executing enhanced sourcing and vendor management strategies that align with Bloombergu2019s business objectives.

As a Strategic Sourcing Manager, you will support sourcing and vendor management activities across the Professional Services Category. You will be responsible for building and managing relationships with internal stakeholders and vendors who support our varied requirements across the entire EMEA region. A thorough understanding of procurement principles, excellent customer service skills, strong communication, stakeholder management, and attention to detail are essential for this role. You will be part of our London team supporting multiple internal stakeholders from a diverse range of departments with varied needs in a dynamic and environment. We are seeking a team player who has a strong passion for contributing to a Global Department that delivers top-quality service.

**We\’ll trust you to:**
Be able to provide expertise in procurement and commercial insights to internal customers and other stakeholders
Build strong and lasting relationships with internal stakeholders and key vendors
Think strategically, collaborate effectively, and negotiate skillfully
Negotiate and engage with key stakeholders and vendors to facilitate delivery and compliance with Bloombergu2019s Procurement Framework
Develop, implement and enhance sourcing strategies and manage a robust sourcing pipeline
Determine specifications and requirements for products and services through collaboration with stakeholders and the departmentsu2019 strategic plans and needs
Be able to make sourcing recommendations based on financial analysis, cost structure of categories, vendor alignment with Bloombergu2019s goals and strategies, and vendor position in their industry alongside marketplace offerings
Understand the internal and external environment for the goods/services required by the business
Support change management and adhere to purchasing frameworks and vendor risk management policies
Effectively communicate impact of market changes and potential effects on vendors to stakeholders
Persuasive and able to align cross-functional teams with different goals and complexities
Deliver outstanding customer service and support regional sourcing opportunities
Innovate within the procurement space; look for new ways to structure S2P programs and/or categories

**You\’ll need to have:**
10+ years of experience in Strategic Sourcing/Procurement roles, ideally with 5+ years working across the Professional Services category
BA/BS degree or equivalent
Strong knowledge of RFI/RFQ/RFP and sourcing process
Experience in contract negotiation, redlining, and vendor management
Excellent communication, interpersonal skills, and attention to detail
Strong customer service skills including issue resolution, negotiation, project management, and analytical problem-solving with a focus on continuous improvement
Strong leadership skills with regional and cultural awareness, and proven ability to build trusting relationships across stakeholder groups
Ability to analyze internal and external data to drive sourcing insights and decisions
Capability to learn new applications relevant to the role
Effective interaction in a cross-functional and fast-paced environment with various stakeholders

**Weu2019d love to see:**
Experience in a fast-paced, data-driven environment
Demonstrated application of negotiation and strategic sourcing/procurement principles
Successful collaboration with diverse stakeholders to achieve international business goals
Knowledge of international trade terms
Applied knowledge of regulatory/compliance contracting
SAP or other ERP systems knowledge
Strong MS Office and technical skills
CPP / CIPS / CPM preferred
Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.
Bloomberg is a disability inclusive employer. Please let us know if you require any reasonable adjustments to be made for the recruitment process. If you would prefer to discuss this confidentially, please email