Job description
To apply for this role, candidates must have an in-depth understanding of, and proven experience in, consultancy services; revenue-generating scopes such as direct sales agencies and debt collection; HR services; and banking operations, including cash management, courier services, valuation services, subscriptions, and related services.
The Sourcing Manager (reporting to the Business Sourcing Senior Manager) is responsible for Emirates NBD Group sourcing requirement including international. The Sourcing Manager will be executing strategic sourcing initiatives for specific categories to drive cost efficiencies, supplier performance, and category management excellence. This role focuses on managing vendor relationships, negotiating favourable terms, and ensuring compliance with sourcing policies and regulations. The Manager also optimizes sourcing operations and delivers value through supplier relationships.
Key Responsibilities:
Leads the vendor selection and negotiation process; establishes and maintains contractual and business relationships with the vendors; monitors contract compliance Drive negotiations with individual vendors to ensure cost savings objectives while maintaining supply quality
Drive annual productivity improvements in each spend category. Develop, champion, and ensure implementation of ideas that will optimize Company's total cost year-over year for assigned spend categories
Ensure strategies are implemented and reductions secured according to implementation plans. Contract compliance will be actively monitored by the Sourcing Manager and when required, the Sourcing Manager will work with business unit leadership to address noncompliance issues
Identifying and communicating new technologies and solutions to Company's key problems in the assigned spend areas. Be the first line of contact with suppliers
Work with the Vendor Performance Management team to monitor existing supplier performance and provide regular reports on the overall performance of supplier portfolio. Work with underperforming suppliers to improve performance and flag high risk suppliers to management.
The Strategic Sourcing Manager will work with int/ext stakeholders to ensure key project deliverables and timelines for Projects are met.
Manage the internal stakeholders on three levels : Strategic, Tactical and operational advisory.
Manage directly Senior internal stakeholders EVPs, VPs…)
Knowledge and expertise of the category is a must
Skills and Experience
Bachelor's Degree
CIPS level 3 , Level 4 or higher preferred
Successful, multi-year track record in a sourcing organization is an advantage.
3 to 5 years’ experience in category management.
Technical skills: problem-solving and analytical skills, negotiations skills, clear understanding of S2C cycle and drivers of costs savings / efficiency.
Managerial skills: project management, negotiating skills, organized and detail oriented, quick learner.
There’s never been a better time to join Emirates NBD.
We’re one of the region’s most recognizable brands. We’re banking innovation leaders. We’re growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits. At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.