What are the responsibilities and job description for the IT, Strategic Sourcing Manager position at Omnicom Group?
Omnicom Group is an inter-connected global network of leading marketing communications companies. Our portfolio provides the best talent, creativity, technology and innovation to some of the world’s most iconic and successful brands. We offer a diverse, comprehensive range of marketing solutions spanning brand advertising, customer relationship management (CRM), media planning and buying services, public relations and numerous specialty communications services to drive bottom-line results for our clients.
Our portfolio includes three global advertising agency networks – BBDO, DDB and TBWA – as well as a global media network, Omnicom Media Group, which is composed of three of the world’s premier providers of media services: OMD, PHD and Hearts & Science. Omnicom also manages a global diversified group of agencies under the DAS Group of Companies, which is comprised of: the Health Group, the Precision Marketing Group, the Commerce Group and the Advertising Collective.
The corporate office in Stamford, CT as an immediate opportunity for a Manager of Technology Sourcing.
This is a high-visibility position that requires a detailed oriented individual with strong sourcing and vendor management experience along with excellent analytical and organizational skills. This role supports our agencies around the globe, including our centralized IT organization, and serves as the primary point of contact with a number of strategic technology vendors. This individual must possess exude gravitas, diplomacy, and persuasiveness to lead initiatives and foster consensus throughout the organization.
The Sourcing Manager will play a key role in the decisions surrounding the company’s utilization of vendors for software, hardware, consulting, and technology services. He or she will manage the development and execution of our global technology programs through the processes of strategic sourcing, contract negotiations, vendor relationship management, financial analysis, and internal chargebacks.
Responsibilities will include but are not limited to the following:
· Manages the evaluation, selection, implementation, and effectiveness of contractual agreements for vendors of strategic technology and agency functions. Negotiates global and/or strategic technology contracts. Works with multiple technology leads—within Omnicom IT and our agencies—to ensure all operational requirements are addressed and obtains the necessary financial and legal approvals required.
· Works with key business owners to solicit and validate critical program objectives and related information to ensure sourcing efforts are aligned with corporate and IT-specific goals; ensures that vendor agreements are consistent with those goals.
· Communicates programs internally to evangelize program benefits and facilitate program adoption and/or policy compliance. Collaborates with areas of IT to ensure vendor partners are effectively managed and contracts are fully leveraged.
· Collaborates with Software Asset Management and procurement teams to ensure accurate reporting and internal billing of managed software and service agreements; benchmark existing utilization and forecast demand of future product or service consumption to drive contract renewals and/or negotiations.
· Supports agencies as necessary to maximize the value derived from strategic vendor relationships. Collaborates with agency business leads to identify opportunities for consolidating vendors, elevating support, sharing knowledge and fostering collaboration.
· Drives ongoing process improvement to deliver increasing operational efficiency in all business partner processes.
· Regularly reviews and evaluates vendor Service Level Agreements to identify areas of improvement.
· Develops processes by which vendors are evaluated and selected in accordance with company guidelines and best practices.
· Provides input as needed for budgeting and assists in assembling budget justification materials.
· Analyzes and interprets related financial data and assesses the impact of alternative courses of action.
· Works collaboratively with finance to create charge-back models, reviewing purchasing patterns, program compliance, inter-company billing, tax implications and contractual obligations.
· Gathers performance data from vendor reporting and internal spend visibility systems to provide compliance reporting and identify new program opportunities.
Desired Skills and Experience
Qualified candidates must have a bachelor’s degree, plus 5 or more years of relevant work experience. Previous technology, sourcing or agency experience is highly desirable. Must be business savvy, financially astute, and very comfortable negotiating large, complex deals. Must be articulate and professional, possess strong organizational, analytical, and interpersonal skills, meet deadlines, be self-motivated, and able to multi-task.
Desired skills and experience include:
· Knowledge in multiple facets of technology operations including but not limited to procurement, operations, requirements gathering, project management, cost analysis and forecasting.
· Demonstrates understanding of vendor management concepts and negotiation techniques including commercial and legal discussions and negotiations.
· Strong presentation and persuasion skills in internal and external situations, including with senior management.
· Experience assessing vendor evaluations and preparing RFPs.
· Demonstrates ability to define and manage processes.
· Demonstrates creativity and judgment in analysis of contract terms
· Experience in analyzing vendor pricing methods e.g., rate cards and pricing methodologies.
· Strong written communication skills, including the ability to facilitate meetings and
effectively lead discussions. Strong Powerpoint skills a plus.
· Strong analytical skills. Excellent Excel and database management skills. Proficiency in PowerBI, VBA a plus.
· Excellent organizational skills and ability to work independently.
· Ability to build and maintain effective working relationships with all levels of management and staff.
Job Type: Full-time
Pay: $85,000.00 - $95,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Supplemental Pay:
- Bonus pay
Ability to commute/relocate:
- Stamford, CT 06901: Reliably commute or planning to relocate before starting work (Required)
Experience:
- Contract management: 5 years (Preferred)
Work Location: One location