Job Information
The Estee Lauder Companies Senior Sourcing Analyst (IT Category) in Budapest, Hungary
Senior Sourcing Analyst (IT Category)
Brand: Estée Lauder Companies
Description
The Estée Lauder Companies attracts the most outstanding people from diverse industries and nurtures their talents. Whether they work in one of our stores, on a production line, at our corporate headquarters in New York City or in one of our affiliates worldwide, our employees take pride in their contributions to our success.
Do you want to work for one of the world’s largest luxury beauty brands?
Do you want to work for a company that delivers value to its customers on a daily basis?
Do you want to join a talented, multi-lingual and fun team?
We are looking for
Senior Sourcing Analyst (IT Category)
to join our team in Budapest!
The role:
The Sourcing Senior Analyst is responsible for managing the contract execution process and reviewing executed agreements as part of the contract abstract process. They oversee vendor governance activities, ensuring proper documentation in vendor governance SharePoint sites. The role involves investigating potential suppliers, market trends, and alternative products or services to make informed decisions. Additionally, the specialist formalizes agreements through contracts, ensuring adherence to terms and setting clear performance metrics and expectations.
Qualifications
Responsibilities:
Review strategic and tactical vendor agreements and revise as necessary to ensure ELC is maximizing benefits while minimizing financial expenditure / exposure. Recommend contract revisions to improve language and reduce gaps/inconsistencies.
Perform analysis of staff augmentation Transaction Schedules and submit to DocuSign.
Manage contract execution process and review executed agreements as part of the contract abstract process
Manage contract approval packages presented by IT Procurement and/or Finance for execution
Oversee vendor tasks/deliverables are being met from a PtP perspective (e.g. documents are presented on time, outstanding credits are received), escalate to manager when necessary
Ensure Business Partners are aware of vendor governance tasks/deliverables which are approaching deadlines and assist where possible.
Investigate potential suppliers, market trends, and alternative products or services to make informed decisions.
Evaluate potential suppliers based on cost, quality, reliability, and delivery capabilities.bThis often involves a Request for Proposal (RFP) or Request for Quotation (RFQ) process.
Negotiate with suppliers to reach favorable agreements, including prices, delivery schedules, payment terms, and other contractual conditions.
Gather and analyze market data on a regular basis relative to the appropriate category and region to properly gauge and evaluate market and industry conditions applied to determine the sourcing strategy.
Develop a solid understanding of regional contracts, supply agreement templates along with thorough understanding of legal concepts.
Maintaining agreements database, tracking contracts' expiry dates and assuring the extensions are signed in a due time.
Requirements:
BSC degree in Information Systems or Technology/Business related field.
Prior experience within a Procurement Operations Process.
Prior experience managing IT Vendors and IT Category Spend.
Experience working with geographically dispersed team & customer base.
Demonstrated ability to manage multiple vendor partners.
Ability to lead, influence & motivate staff & partners.
Ability to think strategically & communicate effectively in a fast-moving, rapidly changing environment.
Expertise in MS Excel, PowerPoint, Word, Service NOW.
Job location:
Budapest, XI. district - Budapest One office.
We are working in a hybrid structure (10 days per month HO provided).
Job: Purchasing/ Procurement/ Materials Management - Supply Chain
Primary Location: Europe, Middle East, Africa-HU-BU-Budapest
Job Type: Standard
Schedule: Full-time
Shift: 1st (Day) Shift
Job Number: 249431
The Estee Lauder Companies
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