We are looking for a Director, Technology Sourcing to join our Thomson Reuters Enterprise Center in Zug.
Global Procurement manages and optimizes the third party spend of Thomson Reuters. Our mission is to partner with our stakeholders to acquire the right goods and services at best value and within an acceptable risk perimeter to drive our corporate objectives. We integrate and manage a highly complex network of products, services, processes, technologies and suppliers across all Thomson Reuters locations worldwide.
The Director, Technology Sourcing leads sourcing activities at Thomson Reuters in order to develop and negotiate IT sourcing transactions which deliver predictable and sustainable value to Thomson Reuters businesses across the globe.
Reporting to the VP, Technology Sourcing, the Director, Technology Sourcing will take a leadership role focused on application development and maintenance and the Product Engineering category, developing Category Plans and implementing a range of sourcing initiatives to support those plans. This individual will assist business leaders in managing their respective P&L's with regards to spending, planning, and development of supplier relationships critical to their respective lines of business.
ABOUT THE ROLE
Responsibilities:
Provide expert commercial and market insight to the CTO community in order to help shape and optimize Thomson Reuters IT Strategy
Develop Category Plans and sourcing strategies containing a portfolio of key initiatives which deliver the IT Strategy
Deliver the key IT sourcing initiatives, achieving best value within acceptable risk.
Contribute to the development of the annual pipeline of IT sourcing initiatives, integrating with the financial planning process
Rationalize the number of IT suppliers and reduce fragmentation in the spend base in order to simplify the supplier landscape and drive commercial efficiency
Support the implementation and development of the sourcing methodology to provide greater visibility and control of IT sourcing initiatives
Provide support and coaching to Sourcing Managers within the Technology Sourcing teams
Represent Procurement in governance forums with strategic 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
Participate in the leadership of the Technology Sourcing team.
Key Deliverables:
Category Plans and sourcing strategies developed and approved by all relevant stakeholders
Robust business cases developed for every IT sourcing initiative
Robust implementation plans (including approach to deal governance and approval) developed for every IT sourcing initiative
High-quality sourcing collateral developed at each stage of the sourcing lifecycle to facilitate informed decision-making amongst the stakeholder community
Significantly reduced third party risks with active risk management implemented for each IT sourcing initiative
Measurable improvement in the aggregate sourcing capability at Thomson Reuters and key talents identified for further development
Significant and sustainable annual reduction in Thomson Reuters cost-base, demonstrated using a robust savings methodology which is consistently applied and rigorously approved
ABOUT YOU
To be considered for the role of Director, Technology Sourcing, you will need:
Significant experience of successful development and negotiation of IT sourcing agreements in excess of USD 25m value
Proven track record of delivering significant and sustainable cost reductions through effective implementation of a coherent IT sourcing strategy
Excellent (external and internal) relationship management and cross-functional leadership skills
Experienced sourcing practitioner, with deal architecture and negotiation skills, understanding of best-practice sourcing methodology and a demonstrated track record of working ethically to achieve excellent outcomes
Experience of contracting for agile application development services and managed application services
Experience of leading negotiations with key suppliers such as TCS, Wipro, Tech Mahindra, Cognizant, IBM and EPAM.
Knowledge of the sourcing marketplace and trends in the industry including the ability to assess the impact of change in the context of the sourcing strategy
Expert analytics and ability to develop coherent and high-quality sourcing collateral including business case, contract summaries, and RFx materials
Excellent written and verbal communication skills
Experience of building strong relationships with senior IT and business executives
Strong coaching and development skills
WHAT'S IN IT FOR YOU?
At Thomson Reuters, our people are our greatest assets. Here are some of the benefits we offer:
Benefits: Healthcare Plan, Pension Plan, Employee Stock Purchase Plan, 25 Days Annual Leave and Sports Benefits
Get a 360° view of Thomson Reuters: Our Enterprise Centre in Zug is a microcosm of the entire corporation, giving employees who work here:
Accelerated growth in cross-business knowledge
A rich internal network, including senior leadership representing all customer segments and functions
Quality of life: Our employees enjoy an exceptional quality of life in Zug thanks to its Beautiful Scenery, Accessibility, Diversity and Rich Culture
Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.
We are powered by the talents of 25,000 employees across more than 75 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.
Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.
We are powered by the talents of 25,000 employees across more than 75 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.
Accessibility
As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.
We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.
More information about Thomson Reuters can be found on thomsonreuters.com.