Global Strategic Sourcing - Technology, Analyst at BlackRock

Gurugram, Haryana, India

Not SpecifiedCompensation

Entry Level & New GradExperience Level

Full TimeJob Type

UnknownVisa

Financial Services, BiotechnologyIndustries

1 to 3+ years of strategic sourcing experience at a consulting, technology, or financial services firm
Proven track record of success in a technology-related strategic sourcing advisory role
Passion for the technology sector
Comprehensive understanding of IT market drivers, trends, and dynamics
Familiarity with category planning, competitive bidding techniques (RFI, RFP, RFQ)
Financial modelling skills to build multiple negotiation scenarios, total cost of ownership models, consumption models, and demand forecasts based on spend analytics and other data

Serve as a strategic advisor to all levels of management on all matters related to sourcing and procurement
Develop and implement comprehensive sourcing strategies through competitive bidding, proofs-of-concept, demand management, supplier consolidation, and process reengineering efforts
Build and maintain strong relationships with key suppliers, negotiating and drafting favorable terms into contracts
Conduct thorough market research and analysis to identify trends, risks, and opportunities within the supply chain
Implement cost-saving initiatives and strategies to reduce overall expenses without compromising on quality or performance
Identify potential risks within the supply chain and develop mitigation plans to ensure business continuity and minimize disruptions
Work closely with internal stakeholders to negotiate General Services Agreements, Engagement Letters, and Statements of Work
Ensure all sourcing and procurement activities comply with corporate policies, ethical standards, and legal requirements

Key technologies and capabilities for this role

Strategic SourcingSupplier AssessmentNegotiationProcurementStakeholder ManagementMarket AnalysisSupplier Relationship Management

BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries