Wells Fargo
Bengaluru, Karnataka, India Posted 5d ago
Wells Fargo is seeking a Lead Sourcing Consultant to lead contract negotiations, manage supplier relationships, and drive cost reduction strategies. You will manage suppliers and relationships from a life-cycle perspective to maximize business impact.
Key Responsibilities
Lead contract negotiations and manage supplier relationships of high risk or complexity with significant impact to the business strategy.
Manage suppliers and relationships from a life-cycle perspective with a focus on reducing cost or spend, increasing customer satisfaction, and maximizing business impact.
Establish e-business, procure-to-pay, environmental, and Strategic Sourcing cost reduction strategies to continually improve category effectiveness and efficiencies.
Customize legal contract language to proactively anticipate technology, market and business issues.
Control all aspects of negotiation and set negotiation strategy.
Support acquisitions including negotiation reassignment on high risk contracts.
Lead projects required to ensure legal and regulatory compliance, as well as educate and act as a resource for Contract Analysts.
Partner with business units to issue and evaluate Request For Proposals and to ensure successful implementation of agreements.
Requirements
5+ years of Sourcing, Procurement experience, or equivalent demonstrated through work experience, training, military experience, or education.
Preferred Qualifications