Senior Sourcing Consultant
Wells Fargo
Bengaluru, Karnataka, India
About this role: Wells Fargo is seeking a Senior Sourcing Consultant Summary: The Senior Sourcing Consultant is responsible for leading and managing the sourcing process for indirect procurement categories within the Building & Occupancy (B&O) function. This includes developing and executing sourcing strategies, negotiating contracts, and managing supplier relationships. The ideal candidate will have 8-10 years of experience in indirect procurement, with a strong understanding of B&O categories. In this role, you will: Develop and execute sourcing strategies for indirect procurement categories within B&O Negotiate contracts with suppliers. Manage supplier relationships. Conduct market research and analysis. Develop and implement supplier performance management programs. Work with cross-functional teams to identify and implement procurement opportunities. Stay up to date on industry trends and best practices. Lead and manage spend categories, develop strategies and negotiate contract for products, services, and suppliers. Contribute to category saving targets for multiple categories and supplier performance. Review and analyze contract data, business goals and market conditions to identify cost saving opportunities. Determine deal strategy and control all aspects of contract negotiations and cost-effective supplier assessments. Manage entire lease process from origination to final execution ensuring all required documents are received, filed, and executed. Maintain all lease administration systems and prepare all lease agreements and related contractual documents ensuring are in compliance with policies and procedures. Collaborate and consult with peers, colleagues and managers to ensure appropriate language is used to achieve final lease documents. Lead projects and mentor less experienced staff Research and respond to internal or external inquiries. Should be able to work on shifts as required. Required Qualifications, US, International: 12-15 years of experience in indirect procurement Strong understanding of B&O categories Excellent negotiation skills Strong analytical and problem-solving skills Ability to work independently and as part of a team. Excellent written and verbal communication skills Proficient in Microsoft Office Suite Desired Qualifications: Master's degree in business administration or a related field Certified Professional in Supply Management (CPSM) certification Experience with e-procurement systems Experience with sustainability initiatives Military experience
