Procurement Sourcing Manager

Role Overview

This role is responsible for developing and executing sourcing strategies and strategically managing sourcing activities for IT transformation projects and standard product selection. The IT Sourcing Manager will drive cost-saving initiatives through spend analysis and vendor optimization, ensuring procurement aligns with internal policies, risk frameworks, and regulatory requirements. Success in this role requires strong strategic leadership, commercial expertise, deep familiarity with IT vendor management, and effective stakeholder.

Key Responsibilities

IT Procurement Process Setup

• Design and implement end-to-end IT procurement processes.
• Align procurement workflows with internal controls, governance requirements, and policies.
• Continuously improve procurement procedures to enhance efficiency, transparency, and compliance.
  
  

IT Transformation Project Sourcing

• Lead sourcing activities for major IT transformation and strategic initiatives.
• Engage stakeholders early to shape sourcing strategies and commercial approaches.
• Ensure timely and cost-effective vendor selection aligned with project objectives.
  
  

Standard IT Product Selection

• Collaborate with IT teams to define and maintain a standardised IT products and services catalogue.
• Streamline sourcing to preferred vendors for core IT solutions.
• Promote consistency and reduce total cost of ownership across IT spend.
  
  

Cost Saving Initiatives via Spend Analysis

• Lead analysis of IT spend data to identify savings and consolidation opportunities.
• Drive cost optimisation through vendor rationalisation and commercial negotiations.
• Track, validate, and report realised savings across IT categories.
  
  

Oversee IT Sourcing Execution

• Oversee RFI, RFQ, RFP, and vendor evaluation processes.
• Lead sourcing of software, infrastructure, and IT services.
• Ensure vendor due diligence meets compliance, risk, and governance standards.
  
  

Contracts & Commercial Negotiation

• Lead negotiations on commercial terms, licensing models, SLAs, and renewals.
• Coordinate with Legal and Risk teams on contract review and approvals.
• Manage the contract lifecycle from drafting through execution and termination.
  
  

Procurement Governance & Compliance

• Establish and maintain procurement governance routines and approval frameworks.
• Ensure alignment with audit, risk, and regulatory expectations.
• Maintain accurate documentation for audit, review, and reporting purposes.
  
  

Vendor Performance Management

• Monitor vendor performance against KPIs and SLAs.
• Facilitate regular vendor reviews and address performance gaps.
• Support delivery teams in driving vendor accountability and service improvement
  
  

Requirement

• Bachelor in Business Administration, Information Technology, Procurement, or related disciplines
• At least 10 years of relevant experience in IT procurement and sourcing
• Professional procurement certifications or equivalent are preferred (e.g. CIPS)
• Experience in large, complex, or regulated organisations is preferred
• Familiarity with industry-standard procurement and sourcing tools is an advantage