Technology Category Manager
Company: Russell Tobin
Location: Saint Paul
Posted on: August 2, 2022
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Job Description:
Our client, a leading wealth & asset management Fortune 500
headquartered in Saint Paul, MN, is seeking an articulate Category
Manager to facilitate technology procurementPosition
SummaryOversees and provides Procurement support for the
(Technology) business unit and Key Stakeholders on all aspects of
the Sourcing Process from Category Strategy to Contract Management.
Provides Company with procurement expertise on major decisions
regarding the purchase of technology goods and services and
contract management support. JOB RESPONSIBILITIESManages assigned
categories to ensure optimization of Securian spend while meeting
or exceeding client needs. Serves as key contact in assigned
categories to provide leadership in developing sourcing strategies
to for each of the items or services within a spend category
through vendor negotiations, process improvements, and
compliance.Builds relationships with key internal client partners,
serving as a trusted advisor to meet the needs of each client.
Actively develops business unit knowledge to be able to anticipate
needs and be a part of the procurement process from the earliest
stages.Regularly communicate with key internal client partners to
keep them abreast of procurement strategies, identify areas of
opportunity and provide clients with a feedback loop on procurement
servicesResearches and develops knowledge of industry best
practices and procedures for their assigned categories.Creates and
maintains a vendor (supplier) matrix to effectively identify best
options to fulfill business needs.Assists business units in
preparation of category budgets by providing consultation on
appropriate spend; recommends changes, as needed.Successfully
implements new and/or changing sourcing strategies that enhance
risk mitigation, revenue growth and expense controlManages the
entire procurement process for each project, keeping internal
clients informed throughout the project, and partnering with them
on key decisions.Maintains pulse of the business, anticipating
needs and proactively providing solutions.Develops and maintains
spend analytics to provide actionable insights and aid in effective
decision-making. Prepares other ad hoc reports, as needed or
requested by management.Manages the strategic sourcing of assigned
categories and suppliers. Develops, maintains and implements
sourcing and procurement strategies for assigned
categories/suppliers, both tactical and long-term.Develops,
administers and negotiates specifications, quote requests, price
and contractual agreements with vendor/supplier partners in
alignment with business unit strategies.Specifies contract
provisions which safeguard the privacy of non-public personal
information of customers, the security of Campus buildings, and the
risk management initiatives of the Company, all while meeting or
exceeding the needs and requirements of the internal
client.Negotiates price, payment terms, terms of purchase, vendor
services, warranty, end user training (if applicable), long-term
costs of operation and value of finished product/service.Develops
knowledge of industry suppliers, seeking opportunities for new
relationships to meet business needs.Evaluate and rate suppliers,
ensuring integrity of the request for proposal processIdentifies
and implements cost saving initiatives to achieve goals.Adheres to
all legal and regulatory compliance requirements, engaging the Law
and Compliance departments when necessary.Participates in special
project assignments addressing procurement policies, procedures,
process improvement and development.Establishes and oversees
ongoing supplier governance and serves as key relationship contact
for assigned vendors. Develops and manages mutually beneficial
supplier relationships, measuring performance against key
performance indicators (KPIs)/scorecard and communicating scorecard
with vendor on a regular basis.Conducts quarterly business reviews
with all assigned suppliers.Ensuring the accuracy and completeness
of information contained within the contracts database and
electronic and hard copy repositories of Company's supplier based
contractsPrevention of fraud, duplicate payment and errors in the
billing, expense reimbursement and contract compliance functions
within Corporate ProcurementPerforms related activities as
directed, and manages personal self-development to prepare for new
responsibilities and challenges in a changing environment.Continues
personal development through advanced negotiation, vendor or
category management training.Participate in professional
organizations and read industry publications to keep current with
the procurement industry.JOB SPECIFICATIONSMust be fully vaccinated
prior to start dateStrong analytical, problem solving and decision
making skills to effectively develop category strategies and manage
the strategic sourcing process.Strong verbal and written
communication skills as well as negotiation skills to effectively
collaborate with internal and external stakeholders and obtain the
best possible pricing and services from suppliers.Solid financial
acumen and an understanding of the impact of procurement strategies
on business units and the enterprise.Ability to work well under
pressure with tight deadlinesProactive and takes initiative to
actively manage projects and lead the Sourcing Process from
Category Strategy to Contract ManagementResults focused and brings
projects and tasks to closure.Collaborative work style with a
demonstrated ability to build relationships, gain credibility, and
partner with internal and external clients.Excellent organizational
and project management skills to lead enterprise wide Procurement
initiatives and projectsSolid understanding of business and client
needs and how effective category management can contribute to
meeting them.Bachelor's degree in business or related field or
equivalent knowledge and
experience.#LI-RB1FacebookTwitterLinkedInRelated JobsEnvironmental
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Keywords: Russell Tobin, St. Paul , Technology Category Manager, Executive , Saint Paul, Minnesota
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