Job Description

Entity: Finance

Job Family Group: Procurement & Supply Chain Management Group

Job Summary: The Sourcing Lead is responsible for managing various high spend and complexity sourcing projects in support of business objectives in the respective category. In addition to sourcing, this role is expected to strategically consolidate demand, drive category specific discussions, develop supplier relationships and proactively identify value opportunities. This includes demand management, clarification of specifications and scope of work, development of the sourcing strategy and the approach to market based on predefined category strategies, source selection, contract negotiation, creation & maintenance and supplier management. The ideal candidate has proven knowledge of the spend category and marketplace, extensive experience in sourcing of services and commodities, knowledge of contracts and legal terms, sourcing strategy preparation, coupled with a strong commercial orientation, communication and stakeholder management skills.

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Key Accountabilities

• Act as the sourcing and category expert of GBS Procurement in the given region towards Stakeholders, Category Team, suppliers and peers/colleagues
• Ensure effective information flow regarding the category strategy / guidance, build strong relationship with relevant teams
• Contribute to the development of the respective category strategy from GBS Procurement side, incl. proactive influence on the demand (e.g.: strategically consolidate requests)
• Gather and analyze market intelligence data on a regular basis relative to supported categories and regions, to evaluate market and industry conditions
• Identify value levers and opportunities to maximize value for BP in the marketplace
• Take a holistic view across regions or sub-categories and propose more cost-effective solutions
• Take an innovative approach, develop and lead continuous process improvement initiatives
• Manage high spend, complex, end-to-end sourcing projects as per business request, take full ownership and accountability for multiple assigned portfolio and related queries:
• Ensure all business requirements are considered/met, Scope of Work liaised with Stakeholders and all specifications on hand
• Develop sourcing strategies, approach to market and source selection criteria based on the business priorities and requirement, category strategy, incumbents, market conditions, etc.
• Manage the supplier selection process, identify suppliers, ensure screening process completed, and oversee the tendering process (RFI/RFP/Reverse eAuctions executed in Ariba system)
• Determine the appropriate contract template and develop the contract content based on the information contained in the Sourcing Strategy, sourcing event and/or detailed scope of work specifications
• Negotiate relevant contract terms with suppliers, within the defined parameters of legal and category guidance
• Escalate any contract term exceptions per the deviation process, and manage the approval process
• Manage the contract execution/signature process
• Ensure contracts are fit for purpose, valid and always updated in the Company\xe2\x80\x99s systems. This will include the extension, amendment and close-out of Contracts based on request from Business in accordance with category plan.
• Resolve any dispute in invoice payments by proactively engaging with Suppliers and Accounts Payable team to ensure timely payment with complete compliance
• During case management, monitor and maintain all records, up to date for GBS Procurement and Business Stakeholders
• Support the development and generation of dashboards identified by GBS Procurement and Business Stakeholders, analyze and populate to an agreed schedule
• Drive and coordinate issue resolution in complex scenarios (incl. RCA) and propose improvement initiatives that result in long term solution
• Depending on the organizational setup, this Sourcing Lead role may have people management responsibilities
• Regardless of the specific reporting structure, the Sourcing Lead is expected to provide coaching and professional guidance to his/her wider Team and may be appointed as the first escalation point in the Team in specific sub-categories or regions
• Comply with BP\xe2\x80\x99s Code of Conduct, taking a professional and disciplined approach to working with suppliers, to ensure transparency, consistency and fairness. Our procurement and supply chain management principles are always applied within that framework and in the context of relevant laws and regulations
• Comply with all BP\xe2\x80\x99s Health, Safety, Security and Environment (HSSE) policies and procedures

Essential Experience and Job Requirements

• 6-8 years of category specific sourcing experience, gained in a multinational environment
• In-depth knowledge of Retail category is essential
• Fluency in English and Mandarin Chinese
• Track record of successful sourcing project delivery in complex, challenging international environment
• Excellent stakeholder management skills, ability to communicate effectively with partners at senior levels
• Ability to review and analyse complex data to identify issues and trends
• Strategic thinking and ability to define and drive sourcing strategies
• Strong knowledge of navigating the supply market and supplier selection
• Excellent influencing and negotiation skills
• Proven experience with contract creation, negotiations and life-cycle management
• Strong understanding and experience of planning and performance management
• Being able to work under pressure and strict time constraints
• Ability and proven record of providing professional mentoring to and coordinate less experienced team members
• Excellent time-management and task prioritization skills
• Strong working knowledge of MS Office products i.e. PowerPoint, Excel
• Proactive and innovative approach

Travel Requirement No travel is expected with this role

Relocation Assistance: This role is not eligible for relocation

Remote Type: This position is a hybrid of office/remote working

Skills: Agreements and negotiations, Analytical Thinking, Building sustainability, Business Acumen, Category spend profiling, Category Strategy, Commercial acumen, Communication, Cost modelling, Decision Making, Digital fluency, Market Analysis, Negotiation planning and preparation, Sourcing strategy, Stakeholder Management, Supplier Selection, Sustainability awareness and action, Value creation and management

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bp\xe2\x80\x99s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please to request accommodations.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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