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Nationwide · 6 hours ago

Sr Consultant, Procurement Category Management (Technology)

Ohio - Columbus, Three Nationwide Plaza

Full-time

Hybrid

Senior Level, Lead/Staff

10+ years exp

Nationwide is a leading insurance and financial services company, and they are seeking a Senior Consultant to manage complex technology categories. In this role, you will develop and execute category strategies, lead supplier relationships, and drive cost optimization while collaborating with various business units.

BankingFinancial ServicesInsuranceLife Insurance

No H1B

Responsibilities

Develop and execute category strategies to maximize value and drive continuous improvement

Lead transformation initiatives to build a resilient, cost-effective supply chain

Deliver annual savings and cash improvement targets through cost-reduction strategies

Track and leverage KPIs to measure and improve category performance

Manage supplier relationships, including risk mitigation, performance, and innovation

Identify and implement procurement strategies (e.g., payment terms, supply base consolidation)

Forecast market trends and adjust plans accordingly

Present executive summaries to senior leaders on trends, risks, and opportunities

Partners and collaborates with multiple Business Partners, Finance, Technology and other Procurement team members to manage new, complex sourcing requests, current contract pipelines for multimillion dollar categories and vendor agreements. Work with reporting teams to develop data analytics and make changes to Procurement policy and procedures to ensure a predictable, easy-to-follow and efficient procurement process

Conducts extensive, continuous industry research and benchmark analysis within a defined spend category. Establishes a detailed category strategy for a highly technical domain, monitors purchasing trends and identifies top suppliers and innovations within the category

Consults with Business Partners and is a trusted advisor to manage Business Unit and Procurement relationship, by building forecasts of demand, service levels requirements, Total Cost of Ownership models, contractual and other risk requirements (by category domain, actual and forecasted spend), identifying cost reduction opportunities, and developing recommendations. Acts as Project Manager executing with business partners, Finance, and Technology

Facilitates highly complex competitive bid activity, including requests for proposal (RFP), quote (RFQ) or information (RFI), where applicable. Negotiates the terms of the contract, including conditions, clauses, and service level agreements. Documents achieved savings for Finance approval

Assesses supplier risk prior to contract and collaborates with applicable risk partners, including Information Risk Management, Technology Review Boards, Privacy etc., for additional specialized assessments or necessary contract provisions

Analyzes and aligns Category goals and objectives to maximize usage of top suppliers and best practices in Sustainability

Mentors and trains new associates on Procurement policy, processes and helps them develop Sourcing Skills

Qualification

Procurement strategyContract negotiationSupplier relationship managementData analyticsProject managementAnalytical skillsMicrosoft Office proficiencyInterpersonal skillsCommunication skillsLeadership skills

Required

Undergraduate degree in supply management, procurement, business, finance, accounting, management information systems, economics or related fields strongly preferred

Typically, 10 or more years of business experience in all aspects of procurement processes, specific to the specialized category, including contract negotiation and project management or equivalent professional experience in other closely related industries

Proven, specialized knowledge in a technical spend domain (category)

Thorough understanding of supply chain management and procurement policies, programs, practices and procedures

Knowledge or familiarity of current information technologies

Demonstrated knowledge in project management concepts and techniques

Excellent interpersonal, verbal and written communication skills to interact and collaborate with all levels in the business units and external suppliers

Ability to display executive presence and command skills

Ability to develop and influence relationships with suppliers and top-level leaders

Ability to negotiate highly complex and integrated business solutions which include, contracts, fee schedules, legal terms and conditions and service level agreements

Advanced skills in mathematical, financial or statistical concepts to handle all aspects of financial planning and analysis as well as procurement processes

Analytical and business savvy to develop, recommend and implement innovative and sophisticated solutions

Demonstrated ability to interpret and understand the most complex legal documents and contracts

Ability to present such material and information to a variety of audiences

Advanced proficiency in common office software, including Microsoft Word, PowerPoint, accounts payable systems

Ability to keep abreast of current technical category trends

Preferred

Procurement, purchasing or project management designations, as applicable

Benefits

Medical/dental/vision

Life insurance

Short and long term disability coverage

Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date

Nine paid holidays

8 hours of Lifetime paid time off

8 hours of Unity Day paid time off

401(k) with company match

Company-paid pension plan

Business casual attire

And more

Company

Nationwide

Glassdoor3.9

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States.

Founded in 1925

Columbus, Ohio, USA

10001+ employees