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    Job · 15158077

    Wells Fargo logo

    Lead Sourcing Consultant

    Wells Fargo · Bengaluru · onsite · Posted 50d ago

    Undisclosed10–15 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    About this role:

    Wells Fargo is seeking a Lead Sourcing Consultant.

    In this role, you will:

    • Lead contract negotiations and manage supplier relationships of high risk or complexity with significant impact to the business strategy
    • Manage suppliers and relationships from a life-cycle perspective with a focus on reducing cost or spend, increasing customer satisfaction, and maximizing business impact
    • Establish e-business, procure-to-pay, environmental, and Strategic Sourcing cost reduction strategies to continually improve category effectiveness and efficiencies
    • Customize legal contract language to proactively anticipate technology, market and business issues
    • Control all aspects of negotiation and set negotiation strategy
    • Support acquisitions including negotiation reassignment on high risk contracts
    • Participate in the review of closing agreements
    • Lead projects required to ensure legal and regulatory compliance, as well as educate and act as a resource for Contract Analysts with regard to such issues
    • Educate Contract Analysts and business partners on risk issues and handle vendor disputes
    • Provide direction and guidance to less experienced staff
    • Partner with business units to issue and evaluate Request For Proposals and to ensure successful implementation of agreements
    • Partner with business units to ensure standard contracts include corporate requirements
    • Establish and maintain a good rapport with executive management, vendors, and third party lessors or manufacturers to optimize negotiation, savings and service improvements and problem resolution
    • Act as a focal point for coordinating sourcing efforts across business entities

    Required Qualifications:

    • 10+ years of Sourcing, Procurement experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

    Sourced from naukri

    Skills

    Risk IdentificationContract NegotiationsSourcingRegulatory ComplianceProcurementbusiness strategy

    About Wells Fargo

    Wells Fargo logo

    Wells Fargo

    Financial Services

    20k+

    employees

    1852

    174 years old

    Bengaluru/Bangalore, Karnataka

    India

    About

    Wells Fargo works to create positive social impact in the communities it serves by supporting housing affordability, small business growth, financial health, and a low-carbon economy.

    Industries

    Financial Services

    Employee ratings

    8,681 reviews

    3.6/ 5

    Culture

    3.5

    Career growth

    2.9

    Work-life

    3.8

    Employees rate it well for

    Work Life Balance1417Work Culture906Senior Management755Salary707Job Security510

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