Sr Sourcing Lead
About the role
Citizens has recently transformed the sourcing experience to the business. In the role as a Senior Sourcing Lead, supporting the Real Estate, Facilities & Retail Network Category you will be armed with key spend data, forward looking market intelligence and a fully integrated source to pay process, enabling you to be a strong strategic partner with business line executives. This will help you drive shorter cycle times, increased market intelligence, higher level strategic discussions and increased savings opportunities. The Senior Sourcing Lead will report to the Real Estate, Facilities & Retail Network Category Team Manager in Strategic Sourcing within Procurement and is responsible for driving cost savings initiatives for the assigned category and considering the total cost of ownership across the Bank. The successful candidate will partner with business owners to identify market and economic trend opportunities and execute against them to continually improve the value derived from third party relationships. The primary focus is to align with the business lines in a way that generates a positive impact to them achieving their business goals, while optimizing value to the overall organization.
Responsibilities
- Develop commodity strategies to achieve cost savings and improve quality and service levels by identifying opportunities and sourcing strategies for strategic/complex negotiations.
- Oversee all spend activity for assigned commodity and determine proper action plan for all purchases that meet Procurement involve threshold.
- Lead cross-functional teams to execute sourcing initiatives including the competitive bidding process and contract negotiations.
- Ability to negotiate, including contract red lining for all types