Lead Sourcing Consultant
Wells Fargo · Bengaluru · onsite · Posted 50d ago
Undisclosed10–15 yrsfulltimeSourced from
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
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
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8,681 reviews
3.6/ 5
Culture
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Work-life
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