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Sourcing Lead - IT

Company: UL
Location: Evanston
Posted on: October 4, 2021

Job Description:

General – Green Earth – Safer World

Thousands of us around the world wake up every day with a common purpose: to make the world a safer, more secure and sustainable place. Science is in our DNA; we are endlessly curious and passionate about seeking and speaking the truth. We take delight in knowing that our work makes a meaningful contribution to society, and we are proud that our culture is centered on integrity, collaboration, inclusion and excellence. UL stands at the forefront of technological advancement, and we are continually challenged to find new ways to foster innovation and positive change. Satisfying? Yes. Exciting? Absolutely!

The Sourcing Lead will:

  • Develop Category Plans and sourcing strategies containing a portfolio of key initiatives which deliver the IT Strategy
  • Lead or support category planning and execution on non-IT categories as needed
  • Lead key IT sourcing initiatives, achieving best value within acceptable risk.
  • Contribute to the development of the annual pipeline of IT sourcing initiatives
  • Rationalize the number of IT suppliers and reduce fragmentation in the spend base to simplify the supplier landscape and drive commercial efficiency
  • Manage key IT suppliers to ensure that all contractual obligations are met, initiatives are performing against business case and that issues and disputes are resolved in a timely manner
  • Build and enhance relationships with strategic IT suppliers along with the vendor and service delivery management teams to deliver high levels of service whilst maintaining best-in-class commercial terms and conditions

Key Deliverables

  • Category Plans and sourcing strategies developed and approved by all relevant stakeholders
  • Robust business cases developed for every IT sourcing initiative
  • High-quality sourcing collateral developed at each stage of the sourcing lifecycle to facilitate informed decision-making and business case development
  • Significantly reduced third party risks with active risk management implemented for each IT sourcing initiative
  • Develops and maintains vehicles within the procurement software system industry to remain abreast of best practices and advancements and makes recommendations for system or process improvements

  • Bachelor’s degree in Business, Information Technology, Supply Management, or related field
  • 8+ years of experience in development and negotiation of IT agreements with a record of increasing responsibility
  • Solves complex problems and takes a broad perspective to identify innovative solutions. Works independently, with guidance in only the most complex situations and lead functional teams/ projects.
  • Proven track record of delivering significant and sustainable cost reductions through effective development and execution of IT sourcing strategy
  • Superior relationship management and cross-functional leadership skills
  • Experience of leading negotiations with key suppliers such as Oracle,
  • Experience of building strong relationships with senior IT and business executives
  • Experienced sourcing practitioner, understanding of best-practice sourcing methodology and a demonstrated track record of working ethically to achieve excellent outcomes
  • Knowledge of standard commercial contracting practices and procedures.
  • Ability to interpreting and summarizing contractual terms for internal clients, such as license rights, product entitlements, intellectual property, and use restrictions.
  • Ability to take a hands-on approach to analyze and interpret spend data is support of sourcing initiatives and UL business objectives.
  • Strong process management, organizational and effective time management skills.
  • Bachelor’s degree or equivalent experience. MBA a plus.
  • CPM/CPSM certification a plus
  • UL has COVID-19 protocols and policies in place. Business related travel on behalf of UL requires proof of COVID-19 vaccination.

  • Mission: For UL, corporate and social responsibility isn’t new. Making the world a safer, more secure and sustainable place has been our business model for the last 125 years and is deeply engrained in everything we do.
  • People: Ask any UL employee what they love most about working here, and you’ll almost always hear, “the people.” Going beyond what is possible is the standard at UL. We’re able to deliver the best because we employ the best.
  • Interesting work: Every day is different for us here as we eagerly anticipate the next innovation that our customers’ create. We’re inspired to take on the challenge that will transform how people live, work and play. And as a global company, in many roles, you will get international experience working with colleagues around the world.
  • Grow & achieve: We learn, work and grow together with targeted development, reward and recognition programs as well as our very own UL University that offers extensive training programs for employees at all stages, including a technical training track for applicable roles.
  • Total Rewards: All employees at UL are eligible for bonus compensation. UL offers a generous 401k matching structure of up to 5% of eligible pay. Additionally, we invest an additional 4% into your retirement saving fund after your first year of continuous employment. We provide Healthcare Reimbursement Accounts and Health Savings Accounts that UL contributes to twice per year! Depending on your role, you can work with your manager on flexible working arrangements. We also provide employees with paid time off including vacation, holiday, sick and volunteer time off.

Working at UL is an exciting journey that twists and turns daily. We thrive in the twists and revel in the turns. This is our every day. This is our normal.

Keywords: UL, Evanston , Sourcing Lead - IT, Other , Evanston, Illinois

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