Dow Jones

Sourcing Manager

USA-NJ-PRINCETON
Requisition ID
2017-30324
Job Function
Finance
Business Area
FINANCE
Job Area1
Marketing & Corp Comms

Job Description

Sourcing Manager with expertise and significant experience with IT sourcing and procurement. 

This mission will be accomplished through:

Ability to negotiate sophisticated contracts for IT services and software, as well as hardware.  Ability to lead and drive the end-to-end sourcing lifecycle including competitive bidding process, service provider selection, negotiating T’s and c’s in partnership with internal and external legal, developing statements of work with SLAs. 

Description:

  • Self starter and individual contributor role is responsible for bidding, negotiating, and drafting the full range commercial contracts for multiple Dow Jones & Company global businesses.  Categories include IT related goods and services including hardware, software, related support, and IT Professional Services.

  • Liaison between various business partners and legal to ensure that legal understands the business arrangement and that the business partners understand legal implications.  Ability to translate business requirements into contractual language.

  • Draft and lead RFP processes or targeted negotiations.  Analyze responses and summarize findings.  Organize supplier site visits and meetings, as neededSupport supplier rating and selection processCommunicate decision to suppliers

  • Lead negotiations and contract process (define roles, determine strategy, analyze responses, guide discussions) for optimal terms and performance management.  Draft contract language with legal to ensure supplier performance and optimal terms in master services agreements and statements of work.

  • Align communications strategy to keep business partners informed of progress / benefits relating to strategic projects and initiatives.  Communication with all levels of the organization.

  • Measure and track performance relating spending and budgetary impact.

Qualifications:

  • Minimum five years of experience in Procurement, Legal, Engineering, Information Systems and/or Finance.
  • Category expertise in IT, software, IT services, and hardware
  • Experience with all aspects of sourcing process, including assessment, spend analytics, baseline development, financial analysis, RFx development, bid analysis and evaluation techniques, multi-round negotiations of business terms and subsequent contracting and implementation processes.
  • Ability to prioritize and manage multiple projects simultaneously
  • Plans and carries out responsibilities with minimal direction and works well under pressure.
  • Excellent interpersonal and written/concise communications skills and ability to interface with all management levels.
  • Ability to identify and quantify financial risks and true total cost of ownership 
  • Ability to drive aggressive project plans and schedules
  • Bachelor’s Degree required, Master’ preferred

Company Overview

Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 125 years and today has one of the world’s largest news gathering operations globally. It produces leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Factiva, Barron’s, MarketWatch, Financial News, DJX, Dow Jones Risk & Compliance, Dow Jones Newswires, and Dow Jones VentureSource.Dow Jones is a division of News Corp (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV).

Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status. EEO/AA/M/F/Disabled/Vets

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