At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.
Job Description
This is an individual contributor role with a spend accountability depending on category.
As a Sourcing COE you will be responsible for supporting end to end sourcing execution. You will adopt, contribute, and work on the sourcing strategies and lead/support sourcing events to drive down the total cost of ownership, with a focus on quality, cost, delivery, risk, sustainability and diversity. You will have strong relationship-building and influential skills to gain support from business stakeholders, including senior leadership, to achieve an understanding of and commitment to sourcing strategies and optimized contracts. You will be responsible for working with internal procurement teams and key business leaders to identify business requirements and develop sourcing strategies.
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Key Responsibilities
- Adopt and implement efficient sourcing strategies.
- Manage stakeholder management routines
- Analyze and calculate costs of procurement and suggest methods to decrease expenditure contributing to savings target.
- Create negotiation strategies and secure profitable deals
- Optimize sourcing procedures to attain maximum efficiency trying to close as many contracts with an efficient turnaround time
- Cooperate with stakeholders to guarantee agreement on terms and processes.
- Research and anticipate shifts in the negotiating power of suppliers
- Estimate risks and apply risk minimizing techniques and complying with Contract risk & quality.
- Discover and partner with trustworthy suppliers.
- Align with the Sourcing strategies driven by the Category Leaders and incorporate in your request.
- Understand the process and align with the approach at the same time willing to provide feedback for any efficient approach.
- Review & negotiate the contract on commercial terms and partner with Legal team (internal & supplier) in getting the Contract closed efficiently.
Key Requirements
- Experience with direct accountability for sourcing strategy and implementation for Indirect categories.
- Proven work experience as a sourcing / procurement professional, and experience in contracting process in SAP Ariba.
- Experience in IT software, marketing, professional services, would be additional advantage.
- Ability to negotiate and sustain networking relationships.
- Proven track record in sourcing and supplier management and relevant software.
- Understanding of market dynamics and sound business judgement
- Strong project management and leadership skills.
- Comfortable with figures and in collecting, analyzing and interpreting data.
- Solid judgement with ability to make good decisions
- Experience driving value in large global procurement organization.
- Thought Leadership and a good sense of ownership
Education
- Bachelor's Degree in business, operations or supply chain required, MBA or equivalent advanced degree preferred
Experience
8 or more years of experience (Preferred)
Supervisory Responsibilities
This job does not have supervisory duties.
Education & Experience (in lieu)
* In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
Primary Skills
Shift Time
Shift B (India)
Recruiter Info
Yateesh B G
ybgaa@allstate.com
About Allstate
Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.
You'll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we've proven that Allstate empowers everyone to lead, drive change and give back where they work and live.
Good Hands. Greater Together.
The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporation's Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organization's business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition.
Learn more about Allstate India here.