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AVP, Sourcing

ProcurementProcurementFull TimeRemoteLeadTeam 10,001+H1B SponsorCompany SiteLinkedIn

Location

India

Posted

52 days ago

Salary

0

Seniority

Lead

Bachelor Degree7 yrs expEnglishOracle

Job Description

AVP, Sourcing

Synchrony

• Execute and carry out the sourcing process • Ensure supplier compliance during onboarding and engagement for renewal time periods • Review contractual agreements of assigned suppliers • Develop sourcing category strategies for Global hubs (US and Asia) • Manage and mitigate supplier as well as business risks • Work closely with Business leaders and Sourcing Leaders • Regularly meet with business owners across Synchrony lines of businesses (LOBs) and/or Sourcing Leaders to provide guidance and direction to functional teams • Drive sourcing initiatives with focus on driving productivity, cost saving benefits and identifying rationalization opportunities • Review and modify contractual terms & conditions in collaboration with Legal and business owners • Oversight of supplier compliance with regulatory and reputational requirements throughout the sourcing process • Conduct and assist RFIs/RFPs, market research and identification, qualification and competitive analysis of required products and services • Utilize Source to Pay and e-Auction tools to leverage competition and drive cost reductions • Identify, streamline and drive implementation of sourcing strategies for various categories • Regularly monitor, track and report on Sourcing projects to ensure adherence to cycle-time performance metrics • Create PowerPoint/Excel materials for review with senior and executive management teams, as required • Support updating of all purchasing-related SOPs • Perform other duties and/or special projects, as assigned • Utilize the Synchrony AI tool to enhance operational efficiency and drive data-driven decision-making

Job Requirements

  • Minimum of 7 years of experience within Sourcing (including but not limited to category management, contract negotiations, supply chain management, supplier management, and/or logistics)
  • Experience within Financial Service or Banking Industry
  • Demonstrated project management skills
  • Must have proven strong facilitation skills and experience delivering presentations
  • Must have proven quantitative and analytical skill set
  • Experience providing outstanding oral and written communication skills at all levels of the organization
  • High enthusiasm and desire to work in fast paced, ever changing environment
  • Proven ability to manage complex initiatives across multiple teams/platforms
  • Ability to work independently and effectively manage multiple priorities with little supervision
  • Experience working with Source to Pay systems (Coupa, Ariba, Oracle, or comparable solution)
  • Strong PC proficiency (Microsoft Suite including: Word, Excel, PowerPoint, and Outlook) or comparable software application

Benefits

  • best-in-class employee benefits and programs that cater to work-life integration and overall well-being
  • career advancement and upskilling opportunities for all to take up leadership roles

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