Innovation Sourcing Manager
Refinitiv
London-United Kingdom
5d ago

Responsibilities

The primary responsibilities and accountabilities of this role include :

Innovation sourcing

  • Plan, execute and champion supplier-enabled innovation (SEI) to scale our innovation capability by leveraging our existing and potential supply base
  • Analyze industry trends and evolving technologies to proactively minimize risk and exploit emerging opportunities
  • Partner with the business and third parties on experimentation and proofs-of-concept to test hypotheses and validate demand
  • Structure supplier relationships and third party ecosystems with profitable business models and efficient operating models
  • Use design and user experience methods to improve engagement and maximize return-on-investment
  • Transfer category and product expertise within the Sourcing community to help build and expand our knowledge and expertise
  • Business partnership

  • Create and foster relationships with innovation leaders in customer-facing teams (Applied Innovation, Proposition, Product) and operational teams (functions such as Technology)
  • Provide advice and input to shape business goals and plans
  • Align current and planned sourcing strategies with business objectives
  • Communicate our value proposition and the value we have created to key stakeholders and senior management
  • Category management and strategic sourcing

  • Coordinate innovation sourcing activities across multiple spend categories, including professional services, technology and data, and help category managers advance their strategies through supplier innovation and innovative practices
  • Lead the strategic sourcing process for related projects developing solutions, scoping and defining requirements, identifying best in class suppliers, managing the selection process (including RFx and e-
  • sourcing), negotiating with suppliers, contracting the deal and overseeing the lifecycle of the relationship

  • Proactively monitor supplier competencies and competitive positioning
  • Knowledge and Skill

  • Entrepreneurial with business acumen solves problems, understands business and commercial opportunities, and gets things done
  • Ability to influence data-driven, articulates the vision, understands industry trends, builds trust in relationships
  • Strategic and analytical thinker connects the detail with the "big picture", understands dependencies, anticipates the future
  • Sourcing and procurement understanding of the key commercial and relationship drivers for managing spend effectively and ability to execute on it
  • Curious and open-minded brings new ideas and practices, uses collaborative approaches
  • Comfortable with ambiguity copes with uncertainty and risk, adapts to change and makes decisions with limited information
  • Professional Experience and Education

  • Bachelor’s Degree in business and / or technology-related area
  • Experience in both a corporate and a start-up environment
  • Experience with innovation methods such as lean experimentation and design thinking
  • Experience with emerging technologies such as artificial intelligence, digital, automation, cloud; experience of data science or the financial community is a bonus
  • Experience with managing or facilitating distributed teams (virtual)
  • Working knowledge of negotiations and contracting
  • The Financial and Risk Business of Thomson Reuters is now Refinitiv. Refinitiv equips the financial community with access to an open platform that uncovers opportunity and catalyzes change.

    With a dynamic combination of data, insights, technology, and news from Reuters, our customers can access solutions for every challenge, including a breadth of applications, tools, and content all supported by human expertise.

    At Refinitiv, we facilitate the connections that propel people and organizations to find new possibilities to move forward.

    As a global business, we rely on diversity of culture and thought to deliver on our goals. Therefore we seek talented, qualified employees in all our operations around the world regardless of race, color, sex / gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under country or local law.

    Refinitiv is proud to be an Equal Employment Opportunity / Affirmative Action Employer providing a drug-free workplace.

    London-United Kingdom

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