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(Worldpay) Senior Strategic Sourcing Director
(Worldpay) Senior Strategic Sourcing Director-March 2024
Cincinnati
Mar 31, 2026
About (Worldpay) Senior Strategic Sourcing Director

  Position Type :Full timeType Of Hire :Experienced (relevant combo of work and education)Education Desired :Bachelor of Commerce/BusinessTravel Percentage :5 - 10%Job DescriptionDescriptionDevelops and implements a synchronized approach for the procurement of products and services. This includes developing effective relationships with internal business partners to identify opportunities and agree upon category tactics to maximize value through effective procurement strategies. Negotiates complex multi-million dollar complex contracts, evaluating suppliers, defining demand requirements, and maintaining supplier relations through comprehensive Supplier Relationship Management practices. Establishes strategic direction, driving operational excellence in the indirect procurement space. Requires ability to effectively deal with ambiguity and complexity. Is accountable for setting performance direction, delegating, motivating, holding others accountable and coaching and developing others.Enterprise Core CompetenciesRequires competency in customer focus, change & innovation, strategic thinking, relationship building & influencing, talent management, results focus and inspirational leadership.Essential FunctionsLeads, coaches and challenges the team of sourcing professionals to maximize their strengths and provide them opportunities for skill and career advancement. Fosters an environment of continuous learning amongst the procurement team.Directs the procurement team to sustainable strategies for all vendors/categories that include spend analysis, market considerations, and strategic importance, etc. evaluates the current market conditions on a regular basis and makes any necessary changes to support the needs of the WORLDPAY business. Locates, analyzes, and develops a consolidated strategic supplier base to support current and future business needs.Ensures that efficient methods are used (speed to market and cost) are implemented to maximize the value of products and services.Drives and directs the development and negotiations of complex agreements with suppliers encompassing key program specifications and objectives.Represents single voice of Worldpay for strategic suppliers/categories internally and externally; participates in innovation sessions and quarterly reviews for strategic suppliers. Fosters collaborative relationships with multiple business owners and strategic suppliers.QualificationsMinimum Required8+ years' experience in strategic sourcing role or similar role.Proven track record in developing a high-performing and self-empowered work teams and individuals with opportunities for personal and professional growth. Aptitude to delegate effectively is criticalDemonstrated experience developing and implementing business strategy; business case writing, strong background in market intelligence research, and proficient in negotiation strategy and tacticsOutstanding written and verbal communication skills, able to clearly and concisely communicate information at multiple levels, adapting easily to change. Capable of effective executive management presentations / communicationsAdvanced key procurement skills: Development / management of category strategies; RFP / RFI development, contract negotiations, strategic sourcing, management of supplier relationship lifecycle, understanding of risk mitigation principles, and understanding of various cost evaluation methods (TCO, ROI, Payback Period, etc.)DesiredEducationMinimum RequiredBachelors Degree. Business, Finance, Technology or EngineeringPreferred: Master's degree preferred Business, Finance, Technology or EngineeringLicense or CertificationCPM, CTPS or CCP preferredGeneral/Physical Requirements(None)Privacy StatementFIS is committed to protecting th

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