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Sourcing Manager

1 week ago

Hong Kong, Central and Western District, Hong Kong SAR China Bloomberg Full time
The Bloomberg Terminal quickly and accurately delivers business and financial information, news and insight around the world to over 315,000 customers worldwide. Our global terminal customers depend on our proprietary high-quality hardware to be able to access our terminal and make critical business decisions. Bloomberg's Supply Chain business is a dynamic global organization, providing support to our terminal internal and external customers through Distribution & Asset Management, Procurement, and Print Services, operating out of 22 locations across 12 countries. We work hand-in-hand with our businesses to support them in achieving success and maintaining efficiency. What does that mean? We procure and distribute the goods and services that Bloomberg needs to do business. We handle any vendor-related risks and deliver the best customer service in the world.

We understand urgency, work hard, have commercial acumen and are customer service driven. Our clients internally and externally count on us daily. Our team is tight, but our culture is wide open, where we challenge and support each other's creative ideas to remain first-class.

What's the Role?

You are passionate about negotiating that next deal, being part of a Global Department delivering top quality service and advice. Our inventive and dynamic Procurement Department is looking for an experienced Sourcing Manager to join its Asia Pacific team. You will build and manage relationships with our internal clients and the vendors who support our exciting and varied requirements across the whole Asia Pacific region. You will need to show good knowledge of procurement principles, strong negotiating skills and an eye for detail. You will be part of the Asia Pacific team supporting a wide internal stakeholder's base, from a wide spectrum of departments with many and varied needs, in a fast-paced demanding environment. Working with the Regional Manager, you, as part of the Sourcing Team will develop and execute supply strategies for multiple categories, but with main emphasis on Professional Services, Marketing, Advertising & News, Media, Travel and Bloomberg On-Site Services. You will also be managing your own supply base ensuring stakeholders get what they want, when they want it and at the best value possible. We are a Global Procurement Department, who working with our internal clients, devise strategies based on the varied requirements of a fast pace cutting edge business with a truly global presence.

We'll Trust You To:
  • Determine specifications and requirements for products and services through communication with internal stakeholders and the department's strategic plan
  • Lead sourcing opportunities, including RFPs, direct negotiations, etc., and use market research from internal and external sources to drive sourcing decisions
  • Ensure adherence to the policies and thresholds set by the Chief Procurement Officer
  • Negotiate and implement Contractual agreements in partnership with the internal customer and our Legal department
  • Manage the vendor base to ensure that contractual compliance and financial efficiency
  • Continuously review with the Sourcing Team Strategic Plans to better serve the company as a whole
  • Build strong and lasting relationships with internal clients and the associated vendor base
  • Provide support to the rest of the team to make sure we deliver first class customer service

You'll need to have:
  • Minimum 10 year's experience in a strategic sourcing role, with strong category exposure to Professional Services, Marketing, Advertising & Media, Travel.
  • Bachelor's degree, CIPS or equivalent
  • Experience in the commercial environment with demonstrated ability for complex commercial and contractual negotiations, competitive market analysis, and ongoing supplier performance management/scorecards
  • Experience in project management
  • Strong contractual knowledge and negotiation skills
  • Understanding of and experience in contract law and applicable legislation
  • Strong & firm decision-making ability
  • Demonstrated ability to effectively interact in a cross-functional environment with all levels of executive management
  • Business level proficiency in English and Mandarin
  • Excellent Organizational skills and attention to detail

We'd love to see:
  • SAP and/or other ERP experience
  • Experience across multiple sourcing categories
  • Cantonese language skills

If this sounds like you:
Apply if you think we're a good match. We'll get in touch to let you know what the next steps are, but in the meantime feel free to have a look at this:
www.bloomberg.com/professional

Why Bloomberg?
We're individuals with diverse backgrounds, talents, and experiences who take on big challenges and create even bigger impact through our work. We're interested in what makes you you, and how we can create opportunities for you to channel your unique, personal energy and grow to your fullest potential.

Learn more about our office and benefits:
Hong Kong | www.bloomberg.com/hongkong