What you’ll be doing...

Strategic Sourcing Specialist position is responsible for the development and execution of sourcing strategies to leverage relationships across the enterprise to achieve best total value which Includes category management strategies and execution, Expertise in end to end sourcing, Strong knowledge in handling the Complex Resale requirements in IT/Network, Supplier relationship management, Negotiation of products/pricings, Contract Management, and Business Analytics. You’ll be creating sourcing strategies for IT/Networks in International (APAC & EMEA) that get us the materials and services we need, at the right price and quality. Once the sourcing plan is developed and implemented, you’ll monitor your internal customers and the external market for changes that create new savings opportunities. Our purchasing power combined with your skills and expertise will help us maintain our market-leading position. Come play an important role in driving continuous cost savings and revenue generation.

  • Should have expertise in managing the 7 steps of sourcing process includes Spend analysis, Market Research, Supplier Due Diligence, Sourcing Strategy, RFX Management, Bid Analysis and Contract Management and Supplier Performance Management
  • Strong exposure in handling complex customer resale requirements for IT & NW products/services in International.
  • Should have exposure in dealing withTop IT/Network Suppliers in the Market.
  • Responsible for negotiations for best possible cost service guarantee and develop “win-win” strategies that achieve sustainable relationships with suppliers
  • Evaluate supplier core competencies and competitive positioning using industry cost models
  • Guiding internal business partners through the supplier selection and acquisition process as per Verizon Sourcing Policies.
  • Ensuring that category strategy’s result in and generate roadmaps of savings and value streams, and where appropriate, innovation opportunities.
  • Continual monitoring of internal customers and supply markets for changes that may impact the sourcing strategy.
  • Responsible for all activities related to the external procurement of services, maintenance of various systems of Verizon. Responsibilities include, but are not limited to developing and managing cross-functional teams (CFT), running strategic sourcing processes, contract negotiation, contract administration including utilizing sourcing systems, overseeing supplier performance, analyzing financial data, business planning, administration, and analysis.
  • Champions, develops, manages and drives key sourcing relationships that are critical to success of telecommunications business and impact entire customer base.
  • Responsible for obtaining overall Verizon wide requirements, maximizing marketplace leverage, determining competitive alternatives and prioritizing business objectives. Promotes team consensus.
  • Manages supplier selection process and achieves cost savings on services projects as part of a highly structured procurement process.
  • Leading global cross functional teams through the supplier selection process and for the approval of selected suppliers by stakeholders. The team-based supplier selection process is inclusive of identification of potential suppliers, RFX development and execution, proposal evaluation against business requirements and total cost of ownership, and supplier selection recommendation. Upon stakeholder approval and completion of successful negotiation and contracting.
  • Negotiation planning and contracting with suppliers, ensuring that agreements reflect Verizon’s needs globally.
  • Negotiating the Contract terms with supplier and executing the contract in liaison with Legal and contract management team
  • Performs analysis of financial and business data related to supplier proposals and capability assessments. Evaluates suppliers' financial stability by analyzing balance sheets, income statements and cash flow statement data.
  • Negotiates with suppliers at Senior Management level for complex, high dollar volume supporting core business processes and/or high level infrastructure functions.
  • Executing supplier relationship management activities for key assigned suppliers within the assigned category’s, with oversight regarding supplier relationship management.

What we’re looking for...

  • Bachelor’s degree and at least five (5) years strategic sourcing experience along with 3+ year’s relevant IT/Network category experience sourcing
  • Sound Knowledge in IT/Network Experience includes Internal requirements, Resale and Global Integration deals.
  • Strong negotiation skills and cost management practices.
  • Strong knowledge of the legal terminology and language related to supplier and resale agreements and contracts
  • Has ability to draft the Statement of works/Master agreements and Adoption agreements on his/her own.
  • Demonstrated excellent written and verbal communication and problem solving skills.
  • Ability to work in a fast paced matrixed environment.
  • Lean Six Sigma experience is an added advantage
  • Proficiency with Ariba, SAP & Microsoft Suite applications (including PowerPoint, Excel and Word).
  • Knowledge, skills, abilities and experience to design and execute strategies in a global environment.
  • Must be an effective communicator with outstanding English communications skills, speak conversational English. Japanese/Chinese is added advantage.
  • Must be able to lead meetings/conference calls and give presentations to large audiences. Must have excellent writing skills.
  • Must be very organized to assure all tasks are completed in a timely manner based on Client needs and the tasks are recorded, monitored and closed out in an efficient manner
  • Must be self-motivated and pro-active.

Normal work hours are 10:00AM to 07:00 PM IST, and flexible to work in shifts, as may be needed, to meet work project completion requirements.

When you join Verizon...

You’ll be doing work that matters alongside other talented people, transforming the way people, businesses and things connect with each other. Beyond powering America’s fastest and most reliable network, we’re leading the way in broadband, cloud and security solutions, Internet of Things and innovating in areas such as, video entertainment. Of course, we will offer you great pay and benefits, but we’re about more than that. Verizon is a place where you can craft your own path to greatness. Whether you think in code, words, pictures or numbers, find your future at Verizon.