**Job Description :**
**Senior Associate Global Sourcing, Professional Services Category**
Location – NYC 1211 6th Ave.
Hybrid role – 3 days on office
**About News Corp**
News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world. The company comprises businesses across a range of media, including news and information services, book publishing, digital real estate services, cable network programming in Australia, and pay-tv distribution in Australia.
Headquartered in New York, News Corp’s activities are conducted primarily in the United States, Australia, and the United Kingdom.
**Position summary:** In the News Corp Global Sourcing Organization, our aim is to unlock value for News Corp to reinvest in what matters most. We do this by bringing speed, efficiency, and security to buying at News Corp and with all business units within. We partner deeply across News Corp’s business units to deliver solutions fit for purpose.
As a centralized organization operating in a high complexity environment, we bring one voice to stakeholders, suppliers and vendors to ensure the best outcomes.
Our organization fosters a culture of collaboration, innovation and continuous improvement while providing opportunities for ongoing career growth and development. As a Category Support team member, you will partner closely with the Category Leader and key stakeholders to help shape and implement sourcing strategies related to the category services.
This team is responsible for developing and driving holistic category strategies, managing stakeholder relationships, and bringing excellence to News Corp-wide sourcing, supplier, and supplier management. You will collaborate across teams to develop new procurement approaches and solve complex business problems.
In this role, you will promote and support strategic sourcing engagements across a wide range of business units to attract and enable new initiatives to launch and scale rapidly. You understand the importance of creating competitive environments, and have a strong bias for decision-making rooted in data and analytics. You routinely influence the category management leader on innovative sourcing strategies that create sustainable, long-term partnerships. You are a highly effective and influential communicator able to encourage change and can articulate the value proposition of partnering with our sourcing group.
This role in particular focuses on category management support for the sub-category Professional Services, under the Indirect Category umbrella.
**_Accountabilities_**
Category Support
+ Play a supportive role in the development and implementation of multi-year global category plans and/or strategies that drive supplier consolidation and leverage spend across the organization while increasing spend under contract.
+ Collaborate with key stakeholders, team members, and leaders respective to category
+ Follow structured project management methods and principles to execute complex, long-term category management and strategic sourcing initiatives.
+ Support populating and continuous tracking of Category Performance framework and defining metrics related to it.
+ Help prepare materials with the Category Leader for structured negotiations following the Global Sourcing and Procurement Category Management and Strategic Sourcing methodologies.
+ Support the Category Leader in starting/running program level initiatives that can create benefits such as improving an existing process, execute actions to increase diversity, etc.
+ Support populating category cards detailing overall category strategies, preferred suppliers, and business unit requirements for execution; ensure category health is tracking per strategy/goals/plan.
+ Support the development of “should cost” and “total cost of ownership models” for the category; support the strategies & targets set by the Category Management Leader and the Head of Indirect Sourcing.
+ When appropriate, build strong partnerships with key budget owners, functional stakeholders, and strategic suppliers.
+ Be part of multiple cross-functional teams to ensure delivery of values across the procurement process, contribute to the compliance tracking of category specific policies and performance metrics, and support the translation of rapidly evolving category market trends and leading practices into opportunities for News Corp.
Sourcing Advisory
+ Maintain strong relationships with internal business partners through regular and consistent communication; building a robust understanding of the strategic business direction, requirements and priorities across assigned suppliers and/or spend categories.
+ Support the development and implementation of global sourcing strategies to deliver against business objectives for internal clients.
+ Support and/or directly evaluate suppliers core competencies and competitive positioning using industry cost models and benchmarking analysis; leveraging key-insights to inform and support the category strategy development process.
+ Apply the fundamentals of sourcing and supplier engagement activities including RFx, spend pattern analysis, contract analysis, bid evaluation, negotiations, and supplier consolidation by working with Execution team members.
+ Under the category leadership, collaborate with business and finance leaders to identify and drive savings and controllership improvements, focusing on total cost of ownership.
+ Maintain procurement ethics in accordance with News Corp’s global policies & methodologies.
+ Support preparing for and holding business reviews with stakeholders to review vendor performance, future opportunities, and/or challenges.
+ Under the category lead’s direction, work with cross-functional internal customers as well as the Business Sourcing Partner to capture detailed business requirements with designated business units, prioritizing business requirements and taking them through approval process; Participate in standardized relationship management processes globally for designated business area(s).
+ Support maintenance of the contracting database and feeds to the Supplier Relationship Management system.
Contracting
+ Support or directly negotiate new and renewal contracts with selected suppliers leveraging tools/technology or supplier contract template including, but not limited to Software as a Service, comprehensive Master Services Agreements, Master License and Service Agreement, Statement of Work, Amendments, etc. and negotiation of global preferred supplier agreements, following the legal guidelines.
+ Support/coordinate the execution of the SOWs of complex and strategic nature through creation to approval.
+ Identify escalations for the Information Security and legal/privacy department accordingly .
+ Maintain up-to-date repository of contracts and status of projects in respective systems.
**Critical Experiences | Competencies | Abilities**
+ Bachelor of Arts or Sciences Degree or equivalent experience required.
+ Minimum 3 years of strategic sourcing and/or equivalent experience required.
+ Experience working in a large, global, highly matrixed organization, and works easily in multi-business unit project settings; able to facilitate teamwork across corporate boundaries.
+ Embraces critical thinking and applies fact‐based decision making; naturally seeks to leverage and/or integrate market data, spend analytics, and cost modeling.
+ Proven written and oral communicator, with strategic, analytical, and interpersonal skills to act as an effective change agent, unlocking barriers to value for priority spend categories.
+ Competent negotiator with proven experience in setting negotiation strategies and conducting negotiations.
+ Strong project management skills, including adhering to stakeholder timelines, and meeting management skills.
+ Fundamental understanding of, and experience with, multi-step strategic sourcing processes and category management strategies.
+ Experienced at identifying and assessing risk and concisely explaining complex issues to principal business owners.
+ Extremely customer-focused, taking the time to understand the needs of the business.
+ Basic knowledge of the standard types of commercial agreement structures and the function and purpose of key legal terms.Understanding of legal terms and implications; ability to redline contracts aligned with legal guidelines.
+ Ability to accomplish results through others, particularly by establishing relationships, effective controls and monitoring processes.
+ Proficient in using e Sourcing tools including e RFx, reverse auctions, project management tools, and contract management tools Ariba or similar (sourcing and contracting), Service Now, Oracle, SAP, etc.
+ Ability to travel (up to 10%) – facility site visits and internal/external meetings as required.
**Equal Opportunity Employer**
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status. EEO/AA/M/F/Disabled/Vets
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Job Category:
Pay Range: 86000 – 115,000
We recognize that attracting the best talent is key to our strategy and success as a company. As a result, we aim for flexibility in structuring competitive compensation offers to ensure we are able to attract the best candidates. The quoted salary range represents our good faith estimate as to what our ideal candidates are likely to expect, and we tailor our offers within the range based on the selected candidate’s experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the interview process.
Pay-for-performance is a key element in our strategy to attract, engage, and motivate talented people to do their best work. Similarly to salary, for bonus eligible roles, targets are set based on a variety of factors including competitive market practice.
For benefits eligible roles, in addition to cash compensation, the company provides a comprehensive and highly competitive benefits package, with a variety of physical health, retirement and savings, caregiving, emotional wellbeing, transportation, and other benefits, including “elective” benefits employees may select to best fit the needs and personal situations of our diverse workforce.
News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world. The company comprises businesses across a range of media, including: news and information services, book publishing, digital real estate services, cable network programming in Australia, and pay-tv distribution in Australia.
Headquartered in New York, the activities of News Corp are conducted primarily in the United States, Australia, and the United Kingdom.
Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status. EEO/AA/M/F/Disabled/Vets