Senior Manager: Sourcing at Liberty Group South Africa

Purpose

• To develop and oversee the execution of a Procurement Sourcing strategy (aligned to respective commodity), in partnership with the Procurement Business Partnering team, enabling effective supplier and contract management. To develop and oversee the measurement and evaluation of the supplier base across the Insurance Asset Management/Standard Bank Group with the goal of optimising the Total Cost of Ownership as it pertains to sourcing while ensuring suppliers are sourced in line with Preferential Procurement targets.

Qualification and Experience

• Member of Chartered Institute of Procurement & Supply (MCIPS)
• Degree in Purchasing and Procurement 
• 12 Years experience in technology sourcing leading complex, multi-year deal structures either directly as a sourcing manager or in a business role with a key focus on supplier  relationship management.
• An ability to negotiate and sustain supplier relationships with sound project management and leadership skills. An in depth understanding of the IT development lifecycle.

Essential Functions

• Accountability for benefit realisation, value leakage prevention and issue management (post-contract) within Sourcing by proactively evaluating sourcing activities.
• Accountable for the supplier contracting process, including amendments, service requests, addendums, and work orders ensuring contract drafting standards are met.
• Build and maintain a database of BBBEE complaint suppliers ensuring the availability of compliant and suitable suppliers enabling the achievement of BBBEE targets. Provide guidance to the Procurement Business Partnering team on BBBEE complaint suppliers with the goal of increasing the utilisation and total value of spend across all Preferential Procurement categories. 
• Consistently apply Sourcing processes and principles in determining the appropriate commercial and legal structures to meet savings and service targets as well as to prevent value leakage for long-term deals.
• Consolidate the identification of supply base issue across procurement; to enable the continuity of services, minimise downtime, ensure safety standards and manage supply risk.
• Contribute technical expertise in the development of Sourcing goals and objectives based on current and desired state, cost and value drivers.
• Contribute to the development, maintenance and monitoring of the Asset Insurance Management/Standard Bank Group Procurement Sourcing strategy by providing sourcing expertise to manage the cost of and availability of products and services ensuring suppliers maintain ethical practices and are compliant with relevant legislation.
• Define a sourcing plan in collaboration with the Procurement Business Partnering team based on industry trends and business objectives to drive an agile, responsive and efficient sourcing practice across all Legal Entities, Business Units, and Group Corporate Functions. Evaluate Sourcing activities across all Legal Entities, Business Units, and Group Corporate Functions to achieve cost savings with minimal supply risk.
• Define Sourcing methodologies, processes, systems, tools and resources necessary to satisfy the requirements of Group Procurement within IAM/SBG.
• Develop a go-to market Sourcing strategy irrespective of Legal Entity, Business Unit, and Group Corporate Function ensuring alignment to the Group Procurement Sourcing strategy to maximise the value of each purchase and close deals with optimal terms.
• Develop and maintain the commercial relationship with category essential key suppliers enabling effective negotiation and fostering a mutually beneficially relationship.
• Develop methods to store and review suppliers' capabilities and offerings and manage product and service categories to provide an efficient technology sourcing and contracting process.
• Draft contracts in line with the Contract Drafting Framework ensuring that the contract terms and conditions further ensure compliance with legislation and ethical practices.
• Drive the desired SBG people culture by providing coaching, mentorship and development opportunities to the sourcing team ensuring the team is engaged and motivated in order to deliver on the procurement objectives.
• Drive the Preferential Procurement plan by identifying compliant suppliers and tracking the achievement of Preferential Procurement targets in compliance with Broad Based Black Economic Empowerment (BBBEE) legislation.
• Execute Sourcing initiatives in line with the Group Procurement Stakeholder Engagement Framework and Client Service Framework, overseeing adherence to the framework principles within the Technology Sourcing team.
• Lead and manage the operationalising of contracting ensuring compliant buying channels are available to the business.
• Lead complex multiple year deal structures ensuring the optimal benefit is derived for the IAM/SBG.

Additional Essential Functions

• Monitor and report on Sourcing metrics providing insights on the benefits, savings, supplier performance and compliance.
• Monitor and track supplier compliance to contracts including price, discounts and adherence to service level agreements ensuring the commodity sourcing needs of the various Legal Entities, Business Units, and Group Corporate Functions are met with optimal pricing and servicing.
• Provide guidance and make recommendations to the Procurement Business Partnering team and Business Executives on sourcing strategies by providing commodity spend analysis, supplier evaluation, and detailed market research on competitor sourcing strategies to drive down the Total Cost of Ownership.
• Partner with People and Culture to build future-based technical, behavioural and leadership expertise, and source the skill set where required, ensuring the sourcing team is adequately skilled to deliver on the sourcing objectives in the long- and short-term. Provide opportunities for individuals to grow their capabilities creating a talent pipeline and fostering a culture of learning and innovation within procurement.
• Implement, and maintain a supplier relationship and evaluation process to measure effective supplier performance and compliance. Resolve commercial disputes with the suppliers ensuring supplier maintains the contractual commitments.
• Oversee technology requests for proposals (RFP) and request for quotes (RFQ) process across all Legal Entities, Business Units, and Group Corporate Functions ensuring standardisation of templates and execution.
• Monitor and report on technology Sourcing metrics providing insights on the benefits, savings, supplier performance and compliance.
• Oversee commodity specific requests for proposals (RFP) and request for quotes (RFQ) process across all Legal Entities, Business Units, and Group Corporate Functions ensuring standardisation of templates and execution.
• Oversee supplier contracting ensuring contract have clear delivery outputs; consistent terms and conditions and Key Performance Indicators (KPI) or Service Level Agreements (SLA).
• Own and oversee the full sourcing value chain including supplier and contract management, entrenching governance principles and supplier relationship management to manage spend across the IAM/SBG.
• Partner with internal stakeholders namely the Group Procurement Business Partnering team, Procurement Services and Procurement Enablement team, to define the network and operations services, buying channel strategy and identify the buying channel efficiencies to manage costs.
• Proactively analyse the external market providing insights and making recommendations to the Procurement Business Partnering team and Business Executives to drive business decision.

Behavioural Competencies

• Articulating Information
• Directing People
• Embracing Change
• Examining Information
• Exploring Possibilities
• Interpreting Data
• Inviting Feedback 
• Making Decisions
• Providing Insights
• Taking Action
• Team work

Technical Competencies

• Deal Negotiation
• Dispute Negotiation
• Operational Contract Management 
• Procurement Knowledge
• Supplier Relationship Management 
• Value Identification