IT Procurement Manager

Job Summary

To provide leadership for developing procurement strategy and executing strategic sourcing activities in the most cost effective manner while ensuring the highest value for procured goods and services.

The Procurement Manager will collaborate with key stakeholders on the development and implementation of annual category strategies and plans in order to achieve category goals/ objectives and ensure adherence to Procurement policies and procedures.

 This includes creating and developing a long term plan and strategy for development of the bank’s spend including optimizing total cost of ownership year-over-year for IT projects, software and licenses.

Duties & Responsibilities

· Oversee the development of multi-year procurement strategies and plans to achieve maximum lifecycle value from key focus categories;

 · IT software and hardware

 · IT application and licenses

 · IT architecture and connectivity

· E-business

 · Work in conjunction with End User department at early stage to define category management objectives and develop sourcing plan for high value and critical sourcing initiatives on an annual basis

· Facilitate the conduct of supplier analyses and establishment of strategic supplier contacts in the interest of optimizing and intensifying collaboration on projects

 · Manage the continuous systematic monitoring of relevant procurement markets and influential factors in order to best take advantage of strategic avenues of action for the bank’s procurement initiatives

· Determine key market intelligence requirements for supplier/ cost optimization and provide guidance to stakeholders on trends and strategy impacts.

 · Facilitate strategic sourcing projects, engaging key stakeholders and the required cross-functional resources

· Coordinate the general analysis of potential suppliers with regard to capacity, creditworthiness, position within the market, credentials, previous business relationships, cost structures and value added processes

· Apply knowledge gained from market analyses and supplier analyses to define the best procurement negotiation and contract awarding strategy for the bank in order to achieve value for money on all procurement initiatives