IT Sourcing Manager

4 weeks ago

Toronto, Ontario, Canada Thomson Reuters Full time

About the Role

In this opportunity as IT Sourcing Manager, you will:

  • Develop Category Plans containing a portfolio of key initiatives which deliver the IT Strategy, working directly with stakeholders to understand their needs and to determine the right sourcing strategies.
  • Collaborate with various functions such as Legal, Risk & Compliance, ISRM, Technology and Business stakeholders to drive value.
  • Lead large, complex negotiations with key suppliers.
  • Effectively and efficiently apply the Global Procurement methodology and provide guidance on proper use of the procurement policies to stakeholders.
  • Identify opportunities to rationalize suppliers to simplify supplier landscape and leverage spend through consolidation or aggregation of demand to drive commercial efficiency.
  • Develop and maintain relationships with key stakeholders and external vendors.
  • Be a leader in the procurement function and provide support/coaching to junior members of the larger procurement organization.
  • Represent Procurement in governance forums with strategic IT suppliers, and build and enhance relationships with strategic IT suppliers along with the vendor and service delivery management teams to deliver high levels of service whilst maintaining best-in-class.

Key Deliverables:

  • Category Plans and Sourcing Strategies developed and approved by all relevant stakeholders.
  • High-quality collateral, Sourcing project artifacts, and negotiated supplier agreements developed and approved in accordance with the Global Procurement Methodology at each stage of the sourcing lifecycle to facilitate informed decision-making amongst the stakeholder community.
  • Significantly reduced third party risks with mitigation strategies for each IT sourcing initiative.
  • Significant and sustainable annual reduction in Thomson Reuters cost-base, demonstrated using a robust savings methodology which is consistently applied and rigorously approved.

About You

You're a fit for the role of IT Sourcing Manager if your background includes:

  • Bachelor's degree, Procurement certification or equivalent experience.
  • At least 5-10+ years of experience in IT Sourcing including successful development and negotiation of IT agreements in excess of $20M value.
  • Experienced sourcing practitioner, understanding of best-practice sourcing methodology with a deep understanding of contract terms and contractual language; proven skills and experience in drafting and redlining contracts and a demonstrated track record of working ethically to achieve excellent outcomes.
  • Knowledge of the sourcing marketplace and trends in the industry, as well as regulatory climate, including the ability to assess the impact of change in the context of the sourcing strategy.
  • Proven track record of delivering significant and sustainable cost reductions through effective implementation of a coherent IT sourcing strategy.
  • Experience working with large enterprise software companies (e.g. Oracle, IBM, Microsoft, Salesforce, SAP etc).
  • Demonstrated ability to think critically and solve problems.
  • Expert analytics and ability to develop coherent and high-quality sourcing collateral including business cases, contract summaries, presentations, and RFx materials.
  • Ability to communicate clearly and concisely both verbally and written and ability to collaborate cross functionally to deliver results.
  • Excellent interpersonal and communication skills.
  • Strong project management skills.
  • Self-starter who can take ownership and lead projects independently.

What's in it For You?

You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

  • Hybrid Work Model: We've adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.
  • Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing.
  • Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.
  • Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking.
  • Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact.
  • Purpose Driven Work: We have a superpower that we've never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.

At Thomson Reuters, we've been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world's most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.

Accessibility

As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, 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 applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

  • IT Sourcing Manager

    1 month ago

    Toronto, Ontario, Canada Thomson Reuters Full time

    About the RoleIn this opportunity as IT Sourcing Manager, you will:Develop strategic sourcing plans and negotiate contracts to achieve best value and minimize risk.Collaborate with stakeholders to identify business needs and develop sourcing strategies that meet those needs.Build and maintain relationships with suppliers to ensure high-quality services and...

  • Strategic Sourcing Manager

    2 weeks ago

    Toronto, Ontario, Canada Mitsubishi Heavy Industries Full time

    Job Summary:MHI RJ Aviation Group is seeking a highly skilled Director, Strategic Sourcing to lead and optimize sourcing, procurement, and vendor management strategies to deliver efficient sourcing programs for the CRJ Program. This role includes negotiating and executing long-term sourcing strategies, managing supplier relationships, and ensuring...

  • Strategic Sourcing Manager

    1 month ago

    Toronto, Ontario, Canada Brookfield Asset Management Full time

    Job Title: Strategic Sourcing ManagerJob Summary:This role sits within the Technology Services Group (TSG), in which the Strategic Sourcing Manager will report to the Director of Global Sourcing and will be accountable for, but is not limited to;Developing and managing their Sourcing category strategyLeading the Strategic Sourcing process...

  • Strategic Sourcing Manager

    4 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job OverviewThe Toronto-Dominion Bank (Canada) is seeking a highly skilled Strategic Sourcing Manager to join our team. As a key member of our procurement team, you will be responsible for developing and implementing sourcing strategies that align with business goals.Key ResponsibilitiesDevelop and implement sourcing strategies that meet business...

  • Global Sourcing Manager

    1 month ago

    Toronto, Ontario, Canada Apotex Full time

    About Apotex Inc.Apotex Inc. is a leading global health company that produces high-quality, affordable medicines for patients worldwide. With a presence in over 75 countries, Apotex employs nearly 7,200 people globally in manufacturing, R&D, and commercial operations.Job SummaryThe Sourcing Manager will lead the sourcing process, including contract...

  • Responsible Sourcing Manager

    1 month ago

    Toronto, Ontario, Canada Riverside Natural Foods Full time

    At Riverside Natural Foods Ltd., we're on a mission to double our business by 2027, and we need talented individuals like you to help us reach new heights. As a B-Corp certified, Triple-Bottom Line, Zero Waste company, we're committed to leaving the world better than we found it.We're seeking a Responsible Sourcing Manager to lead the development and...

  • Strategic Sourcing Manager

    1 month ago

    Toronto, Ontario, Canada Scotiabank Full time

    Job SummaryAs a Senior Manager, Technology Sourcing, you will play a key role in developing and executing strategic sourcing initiatives to support Scotiabank's technology needs. This role requires a strong understanding of technology services and a proven track record of driving cost savings and process improvements.Key ResponsibilitiesDevelop and maintain...

  • Sourcing Manager Senior

    2 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs a Senior Manager, Sourcing at the Royal Bank of Canada, you will play a pivotal role in providing procurement support for the T&O platform while influencing sourcing decisions, driving supplier consolidation, cost savings, and cost avoidance efforts.Key ResponsibilitiesNegotiate complex supplier contracts, support business groups in managing...

  • Strategic Sourcing Manager

    4 weeks ago

    Toronto, Ontario, Canada Sonder Full time

    Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience.As a leader in our Direct Sourcing function, you will set the sourcing vision for a newly created team, helping our Supply Chain, Market Operations, and other departments optimize...

  • Category Manager for Contract Sourcing

    4 weeks ago

    Toronto, Ontario, Canada CB Canada Full time

    Job DescriptionCB Canada is seeking a highly skilled Contract Category Manager to join our team. As a key member of our sourcing team, you will be responsible for managing the sourcing process for contract categories, ensuring that our clients receive the best possible value for their money.Key ResponsibilitiesDevelop and implement sourcing strategies for...

  • Strategic Sourcing Manager

    1 week ago

    Toronto, Ontario, Canada Scotiabank Full time

    About This RoleAt Scotiabank, we are seeking a highly skilled and experienced Senior Manager, Technology Sourcing to join our team.This role will be responsible for leading the development of strategic sourcing strategies, building and maintaining relationships with key stakeholders, and ensuring the effective management of technology procurement...

  • IT Sourcing Professional

    2 weeks ago

    Toronto, Ontario, Canada Thomson Reuters Full time

    About the RoleIn this opportunity, you will develop category plans and sourcing strategies that deliver the IT strategy, achieve best value within acceptable risk, and contribute to the development of the annual pipeline of IT sourcing initiatives.Main Responsibilities:Develop robust category plans and sourcing strategies that align with the IT...

  • Senior Strategic Sourcing Manager

    1 week ago

    Toronto, Ontario, Canada TD Full time

    **About TD:**TD is a global leader in the financial sector, representing the fifth largest bank in North America by number of branches. Every day, we deliver an exceptional customer experience to over 27 million households and businesses in Canada, the US, and around the world.Our team of over 95,000 colleagues is driven by our vision to be a better bank and...

  • Strategic Software Sourcing Manager

    2 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    Job SummaryWe are seeking a highly skilled Strategic Software Sourcing Manager to join our Global IT Procurement team. As a key member of the team, you will be responsible for optimizing the sourcing of software and associated goods and services.

  • Strategic Sourcing Acquisition Manager

    2 weeks ago

    Toronto, Ontario, Canada George Brown College Full time

    George Brown College is seeking a Strategic Sourcing Acquisition Manager to support the development and execution of complex capital projects, including construction, infrastructure, marketing, and IT acquisitions.Job DescriptionAs a Strategic Sourcing Acquisition Manager, you will be responsible for leading strategic sourcing initiatives, researching,...

  • Global Sourcing Director

    2 weeks ago

    Toronto, Ontario, Canada Mitsubishi Heavy Industries Full time

    We are seeking an experienced Global Sourcing Director to join our team at Mitsubishi Heavy Industries. This is a critical role that will oversee the development and implementation of comprehensive sourcing strategies to support our CRJ Program.Company OverviewMHI RJ Aviation Group, a subsidiary of Mitsubishi Heavy Industries, provides critical operational,...

  • IT Sourcing Director

    1 week ago

    Toronto, Ontario, Canada Thomson Reuters Full time

    About the OpportunityIn this role as IT Sourcing Director, you will lead the development and implementation of strategic sourcing plans to drive cost savings and process improvements. Your key responsibilities include:Collaborating with stakeholders to understand their needs and develop effective sourcing strategies.Leveraging industry expertise and market...

  • Sourcing and Procurement Specialist

    1 week ago

    Toronto, Ontario, Canada CB Canada Full time

    Job Title: Contract Category ManagerJob SummaryCB Canada is seeking a highly skilled Contract Category Manager to join our team. As a key member of our procurement team, you will be responsible for sourcing and negotiating contracts with suppliers, managing supplier relationships, and driving cost savings initiatives.About the RoleSupport the Senior Director...

  • Strategic Sourcing Leader

    3 weeks ago

    Toronto, Ontario, Canada Greater Toronto Airports Authority Full time

    Job Title: Strategic Sourcing LeaderReporting to the Associate Director, Strategic Sourcing, this position provides strategic sourcing support, mentoring, leadership to the Sourcing group. Also, this role will build and maintain client relationships with internal business partners to ensure simplified, efficient, and strategic sourcing outcomes.Key...

  • Strategic Sourcing Manager

    2 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    Unlock your potential in a dynamic role as a Strategic Sourcing Manager at Equitable Bank.About the RoleWe are seeking an experienced Strategic Sourcing Manager to join our team. As a key member of our procurement team, you will play a critical role in driving business growth through effective sourcing and contract management strategies.Key...