Northern Trust

Financial Services

Specialist,SourcingCategoryManagerBusinessApplications

$115–195k Chicago, Illinois, United States FULL TIME
The Brief

“Specialist, Sourcing Category Manager - Business Applications at Northern Trust. Skills: Sourcing, Procurement, Category management, Contract negotiation. Develop sourcing strategy. Perform category analytics”

Industry & Context.

Financial Services

What They're Looking For.

Must Have

Bachelors Degree in Business, Supply Chain Management or Finance, Six or more years experience in Sourcing or Procurement related field, Equivalent combination of education and work experience

Nice to Have

MBA or other advanced degree, Professional Procurement/ Supply Chain Management designation

What You'll Do.

Develop sourcing strategy

Perform category analytics

Lead and manage RFx process

Develop RFx documents

Review technology agreements

Lead contract negotiations

Lead price negotiations

Manage ongoing contract administration

Ensure compliance with procurement processes

Support supplier relationships

Manage TPMO due diligence

Support commercial pricing negotiations

Support supplier activity reporting

Support internal BU supplier deal reviews

Support supplier rationalization

Support demand management

Manage regulatory requirements

Manage compliance requirements

Manage reporting of Procurement performance metrics

Establish relationship with key partners

Educate on policy/guidelines

Resolve purchasing issues

Formulate and implement strategy

Implement solutions to enhance services

Implement solutions to create services

Implement solutions to improve processes

Identify impact of changes

Facilitate acceptance of change

Provide ongoing support for solution

How You'll Work.

Team & Collaboration

Interact with business; Interact with Partners

Communication Scope

Communication skills

Process & Methodology

Project management

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