Sourcing Specialist (Temp role)

Careers at Bloomberg

New York

Posted Nov 17, 2016 - Requisition No. 55718

The Opportunity:

This is a 3 month contract role.

You will be responsible for supporting Category Management with the identification, selection, sourcing, development and management of suppliers supporting multiple categories. The sourcing categories supported are specific to Professional Services.

Aligning with Procurement management and internal partners, you will develop and execute Bloomberg supply strategies for specific suppliers. You will manage catalogs in response to service requirements, and for auditing suppliers against contracted agreements. You will also participate in the implementation of new policies/procedures; assist in measuring vendor performance, and compliance.

We’ll trust you to:

  • Be responsible for commodities or assignments requiring application of sourcing methodologies, theories and concepts
  • Support category managers by leading vendor selection decisions, policies, and performance
  • Utilize and understand best practices and industry trends
  • Assist in development of purchasing policies and procedures supporting category initiatives as experience is gained and ensure category KPI targets are being achieved
  • Use market research in sourcing decisions to ensure category objectives and targets are met
  • Use established strategies and tactics to achieve goals
  • Lead global category supplier relationships and sourcing opportunities, including RFPs, negotiations, etc. if applicable
  • Execute global and/or local strategies and work towards developing a sourcing pipeline with cohesive and cost-saving agreements
  • Be accountable for global contract agreements and addendum's, ensuring valid local contracts are in place
  • Responsible for sound contract management and driving continuous value
  • Participate in continuous learning and professional development activities

We’d love to see:

  • Experience across multiple sourcing categories; IT Consulting, Management Consulting, Finance & Accounting Services, Legal Services, Broker Clearing Services, Financial Exchanges, Information Services and Insurance
  • Certified Professional Purchaser (CPP) designation / Chartered Institute of Purchasing & Supply (CIPS)

You need to have:

  • Bachelor’s Degree or equivalent technical qualification and/or equivalent experience
  • Broad-based experience across supply chain, with particular focus in strategic sourcing, contract negotiation, competitive price analysis, supplier relationship management and performance management
  • Demonstrated ability to effectively interact in a cross-functional environment with all levels of executive management
  • High level of proficiency in Microsoft Office suite, PowerPoint and Excel
  • Understanding of and experience in contract law and applicable legislation
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