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Manager Procurement Operations & Sourcing

8 - 13 years

9 - 13 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Description

Manager, Procurement Operations and Sourcing
Lead global sourcing strategies and shape procurement excellence at Thomson Reuters! Drive impactful negotiations, optimize supplier relationships, and influence enterprise-wide operation.

We are seeking an experienced sourcing professional to lead global sourcing projects and ensure the delivery of high-quality products and services at optimal costs. This role encompasses contract negotiation, supplier relationship management, RFx processes, process development, and leading cross-functional teams. The successful candidate will provide end-user support for procurement systems, navigate the complexities of a global supply base, and partner with both internal and external stakeholders to achieve strategic business objectives. The ideal candidate will leverage industry trends and best practices to drive competitiveness, compliance, and operational efficiency across the organization.
About the Role:
  • Manage complex sourcing projects involving multiple stakeholders, suppliers, and shifting priorities.
  • Lead multidisciplinary teams, collaborating with departments such as Finance, Legal, Sales, IT, HR, and Facilities.
  • Develop and implement sourcing strategies; analyze data, conduct research, and deliver actionable recommendations.
  • Prepare for and conduct negotiations, finalize agreements, and maintain strong vendor relationships.
  • Interpret contractual terms, identify and mitigate risks, draft and review documentation, and ensure proper record-keeping.
  • Facilitate training sessions and workshops on sourcing processes, policies, and best practices.
  • Generate and analyze reports using Microsoft Office and procurement software.
  • Utilize eProcurement tools for transaction processing, record maintenance, and stakeholder communication.
  • Handle sensitive issues with discretion, professionalism, and confidentiality.
  • Operate both independently and collaboratively, maintaining a positive and solution-oriented approach in challenging situations.
  • Manage and oversee the end-to-end Contract Lifecycle Management (CLM) process within procurement, including contract creation, negotiation, execution, compliance monitoring, renewal, and closeout.
  • Collaborate with cross-functional teams (legal, finance, business units) to ensure alignment on contract terms and procurement policies.
  • Maintain a comprehensive repository of procurement contracts and ensure timely renewals and amendments.
  • The standard working hours are from 2:00 PM to 11:00 PM.
About You:
  • Bachelor s degree in Business Administration, Supply Chain Management, Logistics, Purchasing, or a related field; Master s degree preferred.
  • Minimum of 8 years experience in purchasing, sourcing, procurement, or logistics, preferably within a professional services environment.
  • Proficient in end-to-end Contract Life Cycle Management.
  • Proven ability to influence and drive results within a matrixed organization.
  • Exceptional analytical, problem-solving, and decision-making skills, with a proactive approach to identifying challenges and recommending solutions.
  • Excellent verbal and written communication skills, adaptable to a variety of audiences.
  • Strong organizational skills with the ability to manage multiple priorities and meet deadlines.
  • Proficiency in Microsoft Office Suite (Outlook, Word, Excel, PowerPoint, Teams).
  • Demonstrated leadership skills, with experience in coaching and mentoring team members.
  • Commitment to fostering diversity and inclusion in the workplace.
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What s in it For You?
  • Hybrid Work Model: We ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.
  • Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.
  • Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.
  • Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
  • Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.
  • Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.
  • Making a Real-World Impact: We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.
About Us
Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.
We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments. At a time when objectivity, accuracy, fairness, and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.
As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity Employer providing a drug-free workplace.
We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law. More information on requesting an accommodation here .
Learn more on how to protect yourself from fraudulent job postings here .
More information about Thomson Reuters can be found on thomsonreuters.com.

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Reuters
Reuters

Media, News & Journalism

London

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