Strategic Sourcing Specialist Procurement

Job Title - Strategic Sourcing Specialist Procurement - Location - Selby - Johannesburg, GP 2001 ZA (Primary) - Occupational Level - Professional - Job Category - Procurement - Job Type - Permanent - Description BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties. PURPOSE The primary objective of this role is to ensure efficient, effective, and uniform processes for the procurement of Information, Communication and Technology products and services within the BankservAfrica. To establish a sustainable and systematic approach to strategic procurement, while overseeing the procurement cycle. Plan, direct and coordinate the purchase of products and services as well as proactively support BankservAfrica to drive ongoing standardization. To provide advice and support in the development and implementation of procurement planning and associated service delivery processes, methods, and techniques, enabling the procurement of products and or services in the CIO Department - You will engage with the following stakeholders: - Business owners, product development and ICT; - Project teams - Human Capital - Procurement, Finance operations; and - Legal, risk and compliance - Customers and Suppliers - Shareholders - Executive Team Your key responsibilities include: - Category Management: - Develop commodity strategies, category plans and commercial solutions aligned to "best in class" business drivers for delivering specific components thereof - Develop a fact-base to appropriately understand market analytics and category dynamics, these include Total Cost of Ownership (TCO) models, comparative analysis, spend analysis, trend analysis, risk analysis, benchmarking etc - Develop comprehensive business cases in order to support strategies for approval by senior stakeholders such as Head of IT - Work with identified business area to embed and ensure compliance to the Group Procurement Policies. Assist Sourcing Manager in delivery of commercial and contractual elements through commercial negotiations, leading to awarding contracts - Ensure all financial, risk, strategic and commercial considerations are optimised using due diligence checks, best in class strategies and general market knowledge - Benefits Realisation: - Ensure sustainable savings by identifying opportunities and delivering benefits against all targets through effective cost reduction, cost avoidance and revenue generation opportunities Introduce Value Add and Value Engineering (VAVE) initiatives that will contribute to savings and maximize value - Report on performance against targets for benefits realization by extraction of data through MI - Devise methods to optimize processes and eradicate waste to drive value throughout the supply chain. Introduce innovation that will add strategic benefit through mutual relationships and synergies by working with the internal customer (business units) and third-party suppliers - Contract Management: - Delivery of effective contract management will include -- Service delivery management: ensuring that the service is being delivered as agreed to the required level of performance and quality by working timeously and to agreed deadlines. Create and maintain relationship to keep business engagements cordial. Optimise the efficiency, effectiveness and economy of the service or relationship described in the contracts, by balancing costs against risks and actively managing the contractual relationship - Transactional Integrity: Ensure transactional integrity is adhered to for each step in the P2P process and all transactions are in line with company compliance and policies by reviewing the monthly reporting and working with the allocated business units. Ensure that all contractual information is loaded onto SAGE (Procurement Platform) for each deal that is completed prior to benefit sign off, as per the agreed Sourcing Process (sign off will not occur unless this is done). Address all enquires to add resolution related to supplier payments and invoicing - Stakeholder Management: - To support the organisation in achieving its strategic objectives by interpreting and influencing both the external and internal environments and by creating positive relationships with stakeholders through the appropriate management of their expectations and agreed objectives - Positioning stakeholders according to the level of influence, impact, or enhancement they may provide to the business or it's projects - Recognize and acknowledge stakeholder's needs, concerns, wants, authority, common relationships, interfaces and align this information with the overall delivery strategy - Ensure communication standards are transparent, honest, and open with stakeholders - Governance and Compliance: Ensure that all gove