Job Information
Wolters Kluwer Strategic Sourcing Associate Director - NY R0042402 in New York, New York
Strategic Sourcing Associate Director - NY R0042402
Job Summary: The Strategic Sourcing Associated Director for T&E and Events is a crucial leadership role within our strategic sourcing team, focusing on the strategic sourcing of services and goods necessary for corporate travel, entertainment, and events. This position involves a combination of negotiation, vendor management, budgeting, and an in-depth understanding of T&E and event planning. The ideal candidate will develop and implement sourcing strategies, manage supplier relationships, ensure cost-effectiveness, and oversee high-quality services in T&E and events. Additionally, this role includes managing direct reports, requiring effective team leadership and development.
Responsibilities:
T&E and Events Sourcing Strategy:
Develop and maintain Category Strategy and Category business plans
Develop and implement sourcing strategies specific to T&E and events categories.
Manage and maintain Executive supplier relationships
Create and maintain a preferred vendor* portfolio to optimize costs and ensure quality accommodations for corporate travel and event execution (*hotel, airlines, ground transportation, event agencies, AV, etc.)
Monitor, communicate, and respond to changing market conditions and business drivers on a global basis to maximize leverage and minimize risk
Contract Negotiation and Vendor Management:
Lead strategic contract negotiations, maintenance of supplier relationships, including regular business reviews with key suppliers, and development of a preferred vendors list
Ensure compliance with contractual terms and service level agreements.
Spend Management and Cost Optimization:
Oversee supplier spending for T&E and events, ensuring cost-effectiveness and adherence to financial guidelines.
Identify cost-saving opportunities and implement measures to reduce expenditures in both categories.
Stakeholder Engagement:
Collaborate with internal teams, understanding their travel, entertainment, and event planning needs.
Tailor sourcing strategies to meet diverse internal requirements and preferences while remaining aligned with established best practices in strategic sourcing.
Working closely with GEM leadership to provide options and alternatives for venue sourcing and selection on an event-by-event basis
Compliance and Process Improvement:
Ensure procurement activities are compliant with legal and organizational standards.
Lead competitive sourcing processes (RFI, RFP) and negotiate supply agreements.
Continuously seek opportunities to improve sourcing processes and practices, including the use of technology for efficiency.
Team Leadership and Management:
Manage and mentor a team of sourcing professionals, providing guidance and support in their roles.
Establish and monitor the team's key performance indicators (KPIs), aligning with overall T&E and event sourcing objectives.
Sustainability:
- Implement sustainable sourcing practices in line with organizational goals.
Qualifications and Skills:
Education: BA in Business, Supply Chain Management, Marketing, Hospitality, Event Management, or related field.
Experience : Minimum of 6 years in strategic sourcing or procurement, with specific expertise in T&E and events, including team leadership and management.
Skills Required for T&E:
In-depth knowledge of travel and entertainment industry standards and suppliers.
Expertise in negotiating travel and entertainment contracts.
Ability to manage corporate travel policies and compliance.
Skills Required for Events:
Strong understanding of the events market, including suppliers and service standards.
Experience negotiating contracts for event services such as venues, catering, and equipment.
Develop strategies for efficiently sourcing event venues, minimizing the need for site visits.
General Skills:
Strong analytical and project management abilities.
Excellent communication and stakeholder management skills.
Proficient in budgeting and financial management.
Familiarity with procurement software and tools.
Ability to establish and monitor KPIs for T&E and event sourcing.
Nice-to-Have :
- Existing vendor relationships within the T&E and Events space.
Additional Information:
Wolters Kluwer offers a wide variety of competitive benefits and programs to help meet your needs and balance your work and personal life, including but not limited to: Medical, Dental, & Vision Plans, 401(k), FSA/HSA, Commuter Benefits, Tuition Assistance Plan, Vacation and Sick Time, and Paid Parental Leave . Full details of our benefits are available - https://bit.ly/m/TA-WK
-Ranked by Forbes Magazine as among America’s Best Large Employers for 2022 - #84.
-CEO Nancy McKinstry ranked 16th by Harvard Business Review of the best performing CEOs in the World.
The above statements are intended to describe the general nature and level of work being performed by most people assigned to this job. They’re not intended to be an exhaustive list of all responsibilities and requirements. The job description provided is subject to revision and modification at any time.
Compensation:
Target salary range CA, CT, CO, HI, NY, WA: $147,200-$208,350
EQUAL EMPLOYMENT OPPORTUNITY Wolters Kluwer U. S. Corporation and all of its subsidiaries, divisions and customer/business units is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.