Sourcing Process Lead

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Responsibilities

The SPL plays a lead role supporting Verizon's cost savings and/or revenue generation business goals through the sourcing process.  The senior SPL works independently, managing multiple time-sensitive client projects at a time. 

 

Responsibilities:

  • Leading the cross functional team (CFT) to determine the business and technical requirements and translating them into RFXs for distribution to vendors
  • Analysis of vendor proposals and presentation to cross functional teams
  • Determining and analyzing vendor qualifications
  • Contract negotiations with incumbent and potential new vendors
  • Ongoing vendor management
  • Knowledge of relevant technology, vendor marketplace, and market pressures and trends
    • Determining the clients' or CFTs' product or service technical and business requirements
    • Maximizing Verizon's marketplace leverage to achieve a lower cost while mitigating risk
    • Obtaining competitive alternatives from incumbent and new vendors
  • Partners with internal clients and stakeholders to
    • Develop negotiations objectives
    • Develop negotiations strategies
    • Negotiate most favorable terms and conditions for VZ while mitigating risk/exposure
  • Champions, develops, manages, and drives key vendor relationships that are critical to success of the senior SPL's sourcing projects
  • Works with clients to resolve vendor related business issues and negotiate business terms with vendors
  • Stays current with vendors and the vendor marketplaces that provide products and services to the senior SPL's clients
  • Presents new products, technologies and services from existing or new vendors to clients

Qualifications

Required Qualifications:

  • Bachelor’s degree required
  • Master’s degree (MBA) desired

 

  • Minimum of 6 years experience in:
  • Project Management in complex multi-project and multi-geography environment
  • Negotiation
  • Strategic Sourcing
  • Knowledge of relevant vendor technologies, processes, systems, policies, and proceduresStrong interpersonal and client service skills
  • Self starter with ability to work independently
  • Strong oral and written communication skills within experience in influencing others
  • Strong analytical skills (e.g., spend analysis, vendor assessment)
  • Certifications desired:
    • Certified Professional in Supply Management (CPSM) from the Institute of Supply Chain Management (ISM)
    • Project Management Professional (PMP) from the Project Management Institute
  • • Experience in cost analysis & vendor assessment
    • Knowledge of sourcing "best practices" and how to apply
    • Understanding of IP Data Product families such as Routers and Switches, knowledge of OSS/Network Management 
    • Previous direct experience in the strategic sourcing (i.e., previous experience in leading RFP process for HghTech products and services).
    • Knowledge or experience in strategic sourcing or contract law a plus. 

 

Equal Employment Opportunity

  • Verizon is a Federal Contractor
  • Verizon requests veteran priority referrals
  • Verizon is an equal opportunity and affirmative action employer M/F/Disability/Vet.