Manager of Global Sourcing, Professional Services Category

News Corp-posted 3 months ago
$105,000 - $125,000/Yr
Mid Level
New York, NY
5,001-10,000 employees
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In the News Corp Global Sourcing Organization, our aim is to unlock value for News Corp to reinvest in what matters most. We do this by bringing speed, efficiency, and security to buying at News Corp and with all business units within. We partner deeply across News Corp’s business units to deliver solutions fit for purpose. As a centralized organization operating in a high complexity environment, we bring one voice to stakeholders, suppliers and vendors to ensure the best outcomes. Our organization fosters a culture of collaboration, innovation and continuous improvement while providing opportunities for ongoing career growth and development. As a Category Support team member, you will partner closely with the Category Leader and key stakeholders to help shape and implement sourcing strategies related to the category services. This team is responsible for developing and driving holistic category strategies, managing stakeholder relationships, and bringing excellence to News Corp-wide sourcing, supplier, and supplier management. You will collaborate across teams to develop new procurement approaches and solve complex business problems. In this role, you will promote and support strategic sourcing engagements across a wide range of business units to attract and enable new initiatives to launch and scale rapidly. You understand the importance of creating competitive environments, and have a strong bias for decision-making rooted in data and analytics. You routinely influence the category management leader on innovative sourcing strategies that create sustainable, long-term partnerships. You are a highly effective and influential communicator able to encourage change and can articulate the value proposition of partnering with our sourcing group.

  • Play a supportive role in the development and implementation of multi-year global category plans and/or strategies that drive supplier consolidation and leverage spend across the organization while increasing spend under contract.
  • Collaborate with key stakeholders, team members, and leaders respective to category.
  • Follow structured project management methods and principles to execute complex, long-term category management and strategic sourcing initiatives.
  • Support populating and continuous tracking of Category Performance framework and defining metrics related to it.
  • Help prepare materials with the Category Leader for structured negotiations following the Global Sourcing and Procurement Category Management and Strategic Sourcing methodologies.
  • Support the Category Leader in starting/running program level initiatives that can create benefits such as improving an existing process, execute actions to increase diversity, etc.
  • Support populating category cards detailing overall category strategies, preferred suppliers, and business unit requirements for execution; ensure category health is tracking per strategy/goals/plan.
  • Support the development of 'should cost' and 'total cost of ownership models' for the category; support the strategies & targets set by the Category Management Leader and the Head of Indirect Sourcing.
  • Build strong partnerships with key budget owners, functional stakeholders, and strategic suppliers.
  • Be part of multiple cross-functional teams to ensure delivery of values across the procurement process, contribute to the compliance tracking of category specific policies and performance metrics, and support the translation of rapidly evolving category market trends and leading practices into opportunities for News Corp.
  • Bachelor of Arts or Sciences Degree or equivalent experience required.
  • Minimum 3 years of strategic sourcing and/or equivalent experience required.
  • Experience working in a large, global, highly matrixed organization, and works easily in multi-business unit project settings.
  • Embraces critical thinking and applies fact‐based decision making; naturally seeks to leverage and/or integrate market data, spend analytics, and cost modeling.
  • Proven written and oral communicator, with strategic, analytical, and interpersonal skills to act as an effective change agent.
  • Competent negotiator with proven experience in setting negotiation strategies and conducting negotiations.
  • Strong project management skills, including adhering to stakeholder timelines, and meeting management skills.
  • Fundamental understanding of, and experience with, multi-step strategic sourcing processes and category management strategies.
  • Experienced at identifying and assessing risk and concisely explaining complex issues to principal business owners.
  • Extremely customer-focused, taking the time to understand the needs of the business.
  • Basic knowledge of the standard types of commercial agreement structures and the function and purpose of key legal terms.
  • Understanding of legal terms and implications; ability to redline contracts aligned with legal guidelines.
  • Ability to accomplish results through others, particularly by establishing relationships, effective controls and monitoring processes.
  • Proficient in using eSourcing tools including eRFx, reverse auctions, project management tools, and contract management tools Ariba or similar.
  • Ability to travel (up to 10%) – facility site visits and internal/external meetings as required.
  • Comprehensive and highly competitive benefits package, with a variety of physical health, retirement and savings, caregiving, emotional wellbeing, transportation, and other benefits.
  • Flexibility in structuring competitive compensation offers.
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