Sourcing Market Data Services

2 weeks ago

London, United Kingdom Chain IQ Group Full time

Location: London, GB- Date: Jun 27, 2023**About Chain IQ**

Chain IQ is an Independent Global Indirect Procurement company providing strategic, tactical, and operational procurement services. Headquartered in Zurich, Switzerland Chain IQ operates from 6 main centers and 14 offices worldwide.

Our team of experts work to transform procurement within an organization utilizing our market knowledge and insights supported by innovative technology to drive procurement efficiencies.

**Join our Team**

This is an exciting time at Chain IQ and our team in London are looking for a Manager - Sourcing in MDS

Chain IQ generate value far beyond cost reduction. We transform our client’s indirect procurement towards a world-class, resilient, ethical and digitalized end-to-end function. We offer the potential for significant corporate growth and career development. We promote a culture of collaboration and shared excellence while encouraging an open and honest exchange of ideas.

Our ambition is to strengthen the existing highly experienced team to provide best in industry support to our growing client base.

**Role Purpose**

The primary purpose of the function is to deliver value-add sourcing services to Clients, in a structured, professional and consistent manner. The Chain IQ Market Data Services (MDS) team provides management of MDS encompassing all aspects of the MDS support and supply value chain. This is including and not limited to demand and cost management, vendor relationship management, tactical and strategic sourcing, negotiation, contract management, contract compliance and MDS inventory-based duties.

Chain IQ is looking for an experienced MDS professional with an understanding of the end-to-end MDS operational process.

**Responsibilities**

We are currently seeking a dynamic, highly client-focused Manager to join the MDS Team, a dynamic, responsible for delivering sourcing initiatives covering the end-to-end sourcing lifecycle across global markets for the provision of services:

- Leading a team on client site and responsible for team to deliver on client’s targets
- Establishing and maintaining strong relationships with clients
- Understand the client’s business practices and requirements and shaping deals to meet those requirements.
- Conducting information and commercial tenders and managing the evaluation with the clients’ stakeholders to determine optimal supplier selection.
- Negotiating deals to achieve optimal commercial terms for the client.
- Leading assigned MDS initiatives (including Demand and Savings challenges) which will vary in terms of client, scope and scale.
- Building and presenting potential solutions to assigned initiatives.
- Reviewing and negotiating vendor contracts terms and conditions to ensure the most beneficial impact for the client.
- Providing advice on best practices for ongoing contract management and licensing issues.
- Leverage knowledge and experience to manage and provide input to client cost efficiency exercises that will reduce costs and enhance data usage.
- Provide advice on contract usage rights to ensure the client is compliant with existing terms and conditions.
- Working with Client on savings targets, displacement opportunities and RFPs where appropriate.
- Maintaining MDS industry awareness which will contribute to the Chain IQ MDS value chain.
- Adhering to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives.

**Requirements**:

- University degree (Bachelor or Master)
- 10+ years’ experience of the end-to-end MDS process
- 10+ years’ experience working with MDS vendors and their services
- Excellent communication and interpersonal skills
- Excellent networking and relationship-building skills at all levels of an organization together with the ability to work effectively in a matrix environment.
- Strong negotiating skills
- Ability to manage multiple conflicting priorities, often to tight deadlines, and deliver results
- Experience in working with MDS related sourcing tools, practices, and systems
- Desirable - understanding of UK contract law
- Professional team player, motivated and highly flexible
- MDS Sourcing/Vendor management specialist
- MDS Business Analysis
- MDS Administration Managers

Join Chain IQ and become part of an innovative, inspiring, and high-performing team of entrepreneurs, who are globally connected and locally anchored.

We proudly offer a first-class benefits package to all employees, so come and join Chain IQ and become part of an innovative, inspiring, and high-performing team of entrepreneurs, who are globally connected and locally anchored.

Please let us know if you require any assistance during the recruitment process so that we can work with you to meet your needs.

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