Marsh & McLennan Global Sourcing Specialist (Procurement) in Hoboken, New Jersey
The Senior Sourcing Specialist works cross-functionally with MMC’s OpCos, financial, technology and legal communities to execute projects of medium to high complexity related to the sourcing and procurement of data center, cloud / hosting and disaster recovery services. This individual’s primary responsibility is to negotiate and manage contracts between MMC and suppliers. Focus includes co-location services, public cloud services and disaster recovery services. The Senior Sourcing Specialist is also responsible for establishing and maintaining relationships with internal clients, providing expertise and counsel to stakeholders on recommended sourcing strategies and becoming a trusted advisor. The Senior Sourcing Specialist has sub-category commodity ownership and responsibilities.
Maintain current understanding of the trends in the data center, cloud and disaster recovery supply markets in general and specifically the impacts of trends upon MMC’s operations
Formulate strategic sourcing options, model/analyze each option and recommend the option that will secure differential value for each of the product and service categories
Lead cross-functional teams in negotiating appropriate agreements with suppliers as well as supporting legal in finalizing and executing contracts including defining and executing appropriate sourcing tactics in negotiating agreements with respective suppliers. Participate in the structuring of requirements and request data from existing and perspective suppliers for evaluation; review proposals; perform cost/value analysis of vendor’s products and services; and develop materials to communicate comparative results to cross-functional project team.
Participate in a cross-functional team in measuring and managing the ongoing performance of selected suppliers and their respective supply markets.
Develop materials in support of executive and other stakeholder communications.
Maintain consultative relationships with MMC’s technology, legal, financial, and operations teams.
Maintain personal knowledge of data center / cloud hosting / disaster recovery services supply market and sourcing capabilities including analysis of market drivers, cost structures, competitive landscape, and M&A activity Qualifications
5-10 years of experience.
Advanced knowledge of data center services / cloud hosting / disaster recovery service sourcing and contract negotiation (co-location services, IaaS, PaaS, SaaS models, etc.)
Advanced knowledge and thorough understanding of the data center services and cloud hosting competition, consumer trends, industry trends and technology innovation Knowledge of MS Excel, Access and Power Point Manages other Sourcing and business analysts Direct experience with vendors such as AWS, Rackspace, Microsoft, Sungard, Digital Realty, Equinix, etc. contract negotiation and administration preferred Marsh & McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The company’s more than 60,000 colleagues advise clients in over 130 countries. With annual revenue over $13 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading firms. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit mmc.com, follow us on LinkedIn and Twitter @mmc_global or subscribe to BRINK.
Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://www.mmc.com/. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity.
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