Job Information
Teradata Senior Strategic Sourcing Manager in India
Our Company
At Teradata, we believe that people thrive when empowered with better information. That’s why we built the most complete cloud analytics and data platform for AI. By delivering harmonized data, trusted AI, and faster innovation, we uplift and empower our customers—and our customers’ customers—to make better, more confident decisions. The world’s top companies across every major industry trust Teradata to improve business performance, enrich customer experiences, and fully integrate data across the enterprise.
What You'll Do
The Strategic Sourcing Manager builds strong relationships with internal and external partners to support the development and execution of enterprise-wide sourcing strategies that deliver value and create measurable, meaningful impact on Teradata’s success. Your mission will be to lead complex, high visibility engagements across all global business functions and indirect procurement spend categories to enable Procurement to deliver on savings and partnership commitments with scale and agility.
To be successful in this role you will think strategically, demonstrate exceptional contracting, negotiation, and communication skills, and have a high level of customer focus and business judgement. You will have a demonstrated track-record of managing sourcing initiatives and superior data analysis and presentation skills. You will demonstrate thought leadership and the aptitude to think creatively to identify new or better ways to solve problems effectively while being able to pursue and manage multiple initiatives simultaneously and deliver superior results. This role is high visibility and will interact with senior leaders in the company and with strategic suppliers across indirect spend categories, including Technology, HR, Marketing, Finance and Consulting Services, working across cultures and geographies. Further, the successful candidate will partner with Procurement colleagues and Business Stakeholders to identify, plan and execute on sourcing strategies that drive measurable business value.
The Responsibilities of this Role are:
Lead and own all aspects of strategic sourcing for assigned indirect spend categories, including stakeholder management, sourcing, contract negotiations, category strategy, spend analysis/market intelligence, and supplier management.
Build a strong understanding of strategic business direction, requirements, and priorities across suppliers and spend categories. Earn trust as a business advisor.
Contribute to the development and execution of global category strategies and cost-reduction programs in collaboration with stakeholders using Cost-of-Ownership (COO) analysis, cost build-up analysis and supplier competition to achieve functional and organizational objectives
Establish a preferred, diverse and sustainable supply base for key spend categories while effectively managing tail spend to minimize risks and develop economies of scale
Initiate and lead projects to improve sourcing and procurement processes and our ability to serve our internal customers and stakeholders
Conduct deep dive analysis of spend and market data, and conduct benchmarking to understand key drivers, identify savings opportunities, and formulate strategies and plans that deliver value.
Drive sourcing strategies based on market analysis and benchmarking findings, and participates in sourcing strategy discussions with partners on senior management level
Lead complex sourcing events from start to finish, driving alignment across large cross-functional selection teams. Formulate and recommend sourcing decisions to executive leadership.
Lead and/or support negotiation of complex global enterprise agreements in collaboration with Business stakeholders, Legal, Risk Management, Data Privacy, Information Security, and external suppliers/partners.
Measure and track performance within defined spend category and proactively determine next steps with the Functions/Partners to ensure alignment with defined objectives and drive results
Leads strategic relationship management with core and strategic suppliers.
Deliver sustainable and significant year over year cost savings.
Who You Will Work With
You will join a dynamic team of high-energy strategic sourcing experts supporting all indirect procurement categories across Teradata globally. You will report to the Director of Contingent Labor, within our global IT and Procurement organization. You will partner with senior business leaders across the company, including IT, Marketing, GTM, Product, HR, and Customer Support. You will exemplify and contribute to our culture centered around a customer and market driven mindset, agility in execution, and accountability to each other.
What Makes You a Qualified Candidate
Bachelor’s Degree required; focus in Business Administration or Supply Chain Management preferred
Minimum of 12 years’ of relevant experience in procurement, supply chain, or related business or operations function; preferred at least 10 years in an indirect procurement function conducting sourcing events and negotiating contracts in one or more of the following categories: Technology (SaaS providers), HR, Contingent Labor, Marketing, and Consulting Services.
Experience leading or supporting complex negotiations with suppliers across indirect spend categories.
Contracting expertise; the ability to dig deep into contract details, collaborate with internal teams to understand business requirements, draft contractual terms, formulate strategy, and execute contract negotiations to achieve best possible outcomes while maintaining successful business relationships.
Ability to identify potential risks and liabilities in contracts as they relate to policies and business objectives, and proactively develop solutions on contractual terms in collaboration with Legal, Risk, Data Privacy, Information Security, and business stakeholders.
Experience drafting, editing, and negotiating multiple agreement types, including Master Agreements, SOW’s, Addenda, Change Orders, Sales Orders, and Technology agreements (SaaS, End User License, Subscription, Cloud Services, Managed Services, Support Agreements, etc.)
What You'll Bring
Ability to prepare Executive Summaries of agreements which include business context, key terms, benefits, cost analysis, risks, and mitigations.
Expert communicator – ability to present complex topics in an effective and concise manner to influence across all levels internally and externally.
Expert analytical and problem-solving skills – ability to analyze complex issues and industry information, identify risks/opportunities, develop options, and present effective solutions to stakeholders.
Partnering skills – proven ability to build and maintain strong relationships with internal teams and external partners; be viewed as a sourcing expert and trusted business advisor.
Project Management skills - a structured and programmatic approach to delivering value to the business. Ability to manage multiple projects at once, while keeping stakeholders informed and aligned through effective communications and formal project updates.
Adaptability and Growth Mindset – ability to thrive in a high volume, fast paced environment and adapt to changing priorities; eager to develop own capabilities and sourcing expertise.
Advanced skills in Microsoft Word, Excel, and other MS Office applications.
Clear and solid understanding of procurement tool landscape and source-to-pay ERP environments.
Knowledge of procurement metrics/KPIs and advanced procurement data analytics.
Thrive in a dynamic, fast-paced environment and passionate about excellence.
Why We Think You’ll Love Teradata We prioritize a people-first culture because we know our people are at the very heart of our success. We embrace a flexible work model because we trust our people to make decisions about how, when, and where they work. We focus on well-being because we care about our people and their ability to thrive both personally and professionally. We are an anti-racist company because our dedication to Diversity, Equity, and Inclusion is more than a statement. It is a deep commitment to doing the work to foster an equitable environment that celebrates people for all of who they are.