Manager of Global Sourcing, Professional Services Category

Manager of Global Sourcing, Professional Services Category - News Corp

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Manager of Global Sourcing, Professional Services Category

In the News Corp Global Sourcing Organization, our aim is to unlock value for News Corp to reinvest in what matters most. We do this by bringing speed, efficiency, and security to buying at News Corp and with all business units within. We partner deeply across News Corp’s business units to deliver solutions fit for purpose.

• Play a supportive role in the development and implementation of multi-year global category plans and/or strategies that drive supplier consolidation and leverage spend across the organization while increasing spend under contract.
• Collaborate with key stakeholders, team members, and leaders respective to category
• Follow structured project management methods and principles to execute complex, long-term category management and strategic sourcing initiatives.
• Support populating and continuous tracking of Category Performance framework and defining metrics related to it.
• Help prepare materials with the Category Leader for structured negotiations following the Global Sourcing and Procurement Category Management and Strategic Sourcing methodologies.
• Support the Category Leader in starting/running program level initiatives that can create benefits such as improving an existing process, execute actions to increase diversity, etc.
• Support populating category cards detailing overall category strategies, preferred suppliers, and business unit requirements for execution; ensure category health is tracking per strategy/goals/plan.
• Support the development of 'should cost' and 'total cost of ownership' models for the category; support the strategies & targets set by the Category Management Leader and the Head of Indirect Sourcing.
• When appropriate, build strong partnerships with key budget owners, functional stakeholders, and strategic suppliers.
• Be part of multiple cross‑functional teams to ensure delivery of values across the procurement process, contribute to the compliance tracking of category specific policies and performance metrics, and support the translation of rapidly evolving category market trends and leading practices into opportunities for News Corp.
• Maintain strong relationships with internal business partners through regular and consistent communication; building a robust understanding of the strategic business direction, requirements and priorities across assigned suppliers and/or spend categories.
• Support the development and implementation of global sourcing strategies to deliver against business objectives for internal clients.
• Support and/or directly evaluate suppliers core competencies and competitive positioning using industry cost models and benchmarking analysis; leveraging key‑insights to inform and support the category strategy development process.
• Apply the fundamentals of sourcing and supplier engagement activities including RFx, spend pattern analysis, contract analysis, bid evaluation, negotiations, and supplier consolidation by working with Execution team members.
• Under the category leadership, collaborate with business and finance leaders to identify and drive savings and controllership improvements, focusing on total cost of ownership.
• Maintain procurement ethics in accordance with News Corp’s global policies & methodologies.
• Support preparing for and holding business reviews with stakeholders to review vendor performance, future opportunities, or challenges.
• Under the category lead’s direction, work with cross‑functional internal customers as well as the Business Sourcing Partner to capture detailed business requirements with designated business units, prioritizing business requirements and taking them through approval process; participate in standardized relationship management processes globally for designated business area(s).
• Support maintenance of the contracting database and…