Manager Procurement Operations & Sourcing
- Thomson Reuters
- 8 - 13 years
- Bengaluru
- 5 months ago
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Job Description
Lead global sourcing strategies and shape procurement excellence at Thomson Reuters!Drive impactful negotiations, optimize supplier relationships, and influence enterprise-wide operation.
We are seeking an experienced sourcing professional to lead global sourcing projects and ensure the delivery of high-quality products and services at optimal costs. This role encompasses contract negotiation, supplier relationship management, RFx processes, process development, and leading cross-functional teams.
The successful candidate will provide end-user support for procurement systems, navigate the complexities of a global supply base, and partner with both internal and external stakeholders to achieve strategic business objectives. The ideal candidate will leverage industry trends and best practices to drive competitiveness, compliance, and operational efficiency across the organization.
About the Role:
- Manage complex sourcing projects involving multiple stakeholders, suppliers, and shifting priorities.
- Lead multidisciplinary teams, collaborating with departments such as Finance, Legal, Sales, IT, HR, and Facilities.
- Develop and implement sourcing strategies; analyze data, conduct research, and deliver actionable recommendations.
- Prepare for and conduct negotiations, finalize agreements, and maintain strong vendor relationships.
- Interpret contractual terms, identify and mitigate risks, draft and review documentation, and ensure proper record-keeping.
- Facilitate training sessions and workshops on sourcing processes, policies, and best practices.
- Generate and analyze reports using Microsoft Office and procurement software.
- Utilize eProcurement tools for transaction processing, record maintenance, and stakeholder communication.
- Handle sensitive issues with discretion, professionalism, and confidentiality.
- Operate both independently and collaboratively, maintaining a positive and solution-oriented approach in challenging situations.
- Manage and oversee the end-to-end Contract Lifecycle Management (CLM) process within procurement, including contract creation, negotiation, execution, compliance monitoring, renewal, and closeout.
- Collaborate with cross-functional teams (legal, finance, business units) to ensure alignment on contract terms and procurement policies.
- Maintain a comprehensive repository of procurement contracts and ensure timely renewals and amendments.
- The standard working hours are from 2:00 PM to 11:00 PM.
About You:
- Bachelors degree in Business Administration, Supply Chain Management, Logistics, Purchasing, or a related field; Masters degree preferred.
- Minimum of 8 years experience in purchasing, sourcing, procurement, or logistics, preferably within a professional services environment.
- Proficient in end-to-end Contract Life Cycle Management.
- Proven ability to influence and drive results within a matrixed organization.
- Exceptional analytical, problem-solving, and decision-making skills, with a proactive approach to identifying challenges and recommending solutions.
- Excellent verbal and written communication skills, adaptable to a variety of audiences.
- Strong organizational skills with the ability to manage multiple priorities and meet deadlines.
- Proficiency in Microsoft Office Suite (Outlook, Word, Excel, PowerPoint, Teams).
- Demonstrated leadership skills, with experience in coaching and mentoring team members.
- Commitment to fostering diversity and inclusion in the workplace.
Job Classification
Industry: Advertising & MarketingFunctional Area / Department: Procurement & Supply ChainRole Category: Procurement & PurchaseRole: Procurement / Purchase ManagerEmployement Type: Full timeContact Details:
Company: Thomson ReutersLocation(s): Bengaluru
Keyskills: Procurement Operations team management purchasing procurement Sourcing logistics Contract Life Cycle Management
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