The primary responsibilities and accountabilities of this role include :
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
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.