About Us
Thoucentric is the Consulting arm of Xoriant, a prominent digital engineering services company with 5000+ employees. We are headquartered in Bangalore with presence across multiple locations in India, US, UK, Singapore & Australia Globally.
As the Consulting business of
Xoriant, We help clients with Business Consulting, Program & Project Management, Digital Transformation, Product Management, Process & Technology Solutioning and Execution including Analytics & Emerging Tech areas cutting across functional areas such as Supply Chain, Finance & HR, Sales & Distribution across US, UK, Singapore and Australia. Our unique consulting framework allows us to focus on execution rather than pure advisory. We are working closely with marquee names in the global consumer & packaged goods (CPG) industry, new age tech and start-up ecosystem. Xoriant (Parent entity) started in 1990 and is a Sunnyvale, CA headquartered digital engineering firm with offices in the USA, Europe, and Asia. Xoriant is backed by ChrysCapital, a leading private equity firm. Our strengths are now combined with Xoriant’s capabilities in AI & Data, cloud, security and operations services proven for 30 years.
We have been certified as "
Great Place to Work" by AIM and have been ranked as "50 Best Firms for Data Scientists to Work For".
We have an experienced consulting team of over 450+ world-class business and technology consultants based across six global locations, supporting clients through their expert insights, entrepreneurial approach and focus on delivery excellence. We have also built point solutions and products through Thoucentric labs using AI/ML in the supply chain space.
Job Description
Thoucentric is the Consulting arm of Xoriant, a prominent digital engineering services company with 5000+ employees. We are headquartered in Bangalore with presence across multiple locations in India, US, UK, Singapore & Australia Globally.
As the Consulting business of Xoriant, We help clients with Business Consulting, Program & Project Management, Digital Transformation, Product Management, Process & Technology Solutioning and Execution including Analytics & Emerging Tech areas cutting across functional areas such as Supply Chain, Finance & HR, Sales & Distribution across US, UK, Singapore and Australia. Our unique consulting framework allows us to focus on execution rather than pure advisory. We are working closely with marquee names in the global consumer & packaged goods (CPG) industry, new age tech and start-up ecosystem. Xoriant (Parent entity) started in 1990 and is a Sunnyvale, CA headquartered digital engineering firm with offices in the USA, Europe, and Asia. Xoriant is backed by ChrysCapital, a leading private equity firm. Our strengths are now combined with Xoriant’s capabilities in AI & Data, cloud, security and operations services proven for 30 years.
We have been certified as "Great Place to Work" by AIM and have been ranked as "50 Best Firms for Data Scientists to Work For".
We have an experienced consulting team of over 450+ world-class business and technology consultants based across six global locations, supporting clients through their expert insights, entrepreneurial approach and focus on delivery excellence. We have also built point solutions and products through Thoucentric labs using AI/ML in the supply chain space.
Job Purpose
CLS recognises procurement capability has a huge potential to contribute to cost management capability as well as improving the value from our vendors. This role is to develop CLS’s Procurement capability, moving it from a tactical requisition-based engagement model to a function supporting strategic vendor-based decisions.
The Category Manager is to embrace the Procurement vision, supporting the day-to-day business activities for all procurement aspects of CLS’s vendor engagements, across all divisions globally - ensuring appropriate levels of risk control, appreciation of business drivers, optimisation of costs, and strong negotiation of contractual terms, whilst maintaining exemplary standards of quality and collaboration both with vendors and stakeholders alike.
Responsibilities
The Category Manager defines and implements the strategy of the relevant category, whilst driving sourcing initiatives as required, whether it is for operational, or project related work as required. The Category Manager promotes and works within the agreed Third-Party Management Framework (TPM) and is a strong advocate for the Procurement Team procedures, while promoting value-add that will assist CLS to meet its targets. In addition, the Category Manager supports the Head of Procurement in developing CLS Procurement capabilities, transforming it from a tactical requisition-based engagement model to a function supporting strategic vendor-based decisions.
- Research and identify innovative procurement solutions for assigned category or initiative.
- Develop category strategy plans, including road map and stakeholder mapping.
- Develop effective relationships with internal stakeholders that support the Procurement strategy.
- Develop effective relationships with 3rd Parties, adhering to emerging SRM framework.
- Lead and communicate with cross-functional teams to execute strategy and drive performance.
- Raise and maintain Procurement Profile
- Conduct strategic sourcing initiatives including fact-based negotiations (vendor and industry analysis, benchmarks and cost structure analysis)
- Negotiate commercials and contract terms with support of legal and Risk Domains.
- Mitigate contractual risks as identified in the service segmentation and work with the internal stakeholders to ensure they understand and ultimately own the risks not mitigated.
- Ensure each treatment strategy of the vendor, used for on-going monitoring, is adequately contracted and communicated to the relevant service owner and vendor relationship owner.
- Support vendors’ exit strategy.
- Ensure sourcing and category initiatives meet the top corporate objectives of the organisation.
- Report and track benefits and performance of implemented category plans
- Lead and support the business to utilise the P2P (Purchase to Pay) system to ensure compliance with financial standards.
- Improve TPM Lifecycle through a series of enhancements.
- Support the remediations of any Procurement findings derived from either Internal Audit or FRBNY examinations.
- Leads by example
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across CLS
- Ability to use strong interpersonal and leadership skills, to effective coach, assist others with personal development, while being emotionally resilient and able to maintain high performance.
Requirements
Experience & Required skill:
- Minimum 5 years plus in similar role.
- Degree and Procurement certification achieved (i.e. CIPS).
- Experience working for an FMI ( Financial Market Infrastructure) is preferable.
- Coaching experience required.
- Knowledge, skills and abilities / competencies required for successful job performance
- Knowledge
- Procurement and Supply Chain in-depth knowledge
- Contract Law and legal knowledge relevant to Procurement activities
- Experience of applying Procurement skills and techniques to positively disrupt business strategy and outcomes.
- Proven track record in taking ownership for resolving issues within Procurement environment.
- Excellent Stakeholder management skills with the ability to build and maintain complex and multiple business stakeholder relationships.
- Team management or coaching initiative
- Commercial acumen
- Strong negotiation skills
- Ability to clearly articulate and communicate
- Strong decision-making attributes
- Project management preferable
- Problem solving
- Analytical mindset
- Ability to interpret a range of differing priorities
Qualifications / Certifications
- Undergraduate Degree/CIPS accreditation desirable
Benefits
Benefits
- Opportunity to define your career path and not as enforced by a manager
- A great consulting environment with a chance to work with Fortune 500 companies and startups alike.
- A dynamic but relaxed and supportive working environment that encourages personal development.
- Be part of One Extended Family. We bond beyond work - sports, get-togethers, common interests etc. Work in a very enriching environment with Open Culture, Flat Organization and Excellent Peer Group.
- Be part of the exciting Growth Story of Thoucentric!