Sourcing Lead

4 weeks ago

Kuala Lumpur, Malaysia bp Full time

Job summary

**Entity**:
Finance
**Job Family Group**:
Procurement & Supply Chain Management Group

The **Sourcing Lead** supports various BP businesses with a range of high complexity sourcing, contracting and supplier performance management activities. In addition to sourcing, this role is responsible for developing supplier relationships and proactively identifying value opportunities.

This includes demand management, definition of sourcing strategy based on a predefined category framework, source selection, contract negotiation, and contract creation & maintenance.

**Note: This role will support Europe and USA regions and will require you to work from1:00pm -10:00pm Malaysia time Monday to Friday.**

**Key Accountabilities**

The Sourcing Lead will manage complex, end-to-end Sourcing projects as per business request, inclusive of the following activities:

- Demand Management- Case Management- Sourcing Strategy- Supplier Selection- Contracting- Contract Operationalization- Post Award Contract Management- Supplier ManagementAcross activity sets, it's paramount to ensure that all requests and Scopes of Work liaise with stakeholders to ensure all business requirements are considered/met.
- Drive and manage various sourcing and contracting projects of medium spend & complexity- Ensure that the business requirements are well-understood and accurately covered in the sourcing process. Influence business demand where required and possible.- Identify value levers and opportunities to improve value for BP in the marketplace- Contribute to the development of strategies from a sourcing team’s side- Develop Sourcing strategy, including options & scenarios in accordance with the respective Category strategy- Define approach to market and develop source selection criteria based on the business priorities and requirement- Manage and coordinate the supplier selection process to ensure the most ideal option is chosen- Manage the all relevant partner and supplier interactions incl. and relationship including senior levels throughout the sourcing project- Define negotiation strategy, negotiate and agree on relevant contract terms with suppliersDefine contracting strategy, develop and modify contract content based on templates and manage the approval process
- Propose potential modifications/updates to the relevant contract templates based on category specific requirements- Generate reports (status, summary etc.) and analyse data depending on the project requirements- Take an innovative approach and lead continuous process improvement initiatives- Align with BP’s Code of Conduct, taking a professional and principled 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- Align with all bp's Health, Safety, Security and Environment (HSSE) policies and proceduresProfessional Leadership
- Regardless of the specific reporting structure, the Sourcing Lead is encouraged to provide coaching and professional mentorship as assigned by the Sourcing Manager- If delegated by the Sourcing Manager, they may be the first point of escalation in the Team in specific categories/subcategories or regions supported- Effectively represent the Team in the respective categories in conversations with our partners and suppliers, as assigned by the Sourcing Manager- Represent the Team and support junior team members in communication and engagement with senior partners, as assigned by the Sourcing Manager- Drive and coordinate issue resolution in sophisticated scenarios propose improvement initiatives that result in long term solution, as assigned by the Sourcing Manager**Essential Education**
- Bachelors’ degree or equivalent experience is required (preferably in business studies)- Procurement related professional certification is an advantage**Essential Experience and Job Requirements**- In-depth understanding of respective category/categories is crucial- Previous experience in the Oil&Gas industry and/or industrial environment is an advantage- Ability and exposure in providing professional leadership, coordinate and mentor junior team members- Experience and in understanding of Supplier Performance Management activities- Track record of successful Procurement delivery in complex, challenging international environments- Proven experience with contract creation, negotiations and life-cycle management- Strong understanding and experience of Planning and Performance Management- Experience working in a large and multicultural team- Strong influencing and negotiation skills, as well as proven leadership behaviors- Analytical abilities including marketplace and financial analysis- Ability to communicate effectively with internal and external partners, even at senior levels- Fluent in English. Additional languages may mean an advantage- Strategic thinking and ability to de

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