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IT Sourcing Manager

About Cognite

Embark on a transformative journey with Cognite, a global SaaS forerunner in leveraging data to unravel complex business challenges through our cutting-edge Cognite Data Fusion (CDF) platform. We were awarded the 2022 Technology Innovation Leader for Global Digital Industrial Platforms & Cognite was recognized as 2024 Microsoft Energy and Resources Partner of the Year. In the realm of industrial digitalization, we stand at the forefront, reshaping the future of Oil & Gas, Manufacturing and Energy sectors. Join us in this venture where data meets ingenuity, and together, we forge the path to a smarter, more connected industrial future.


Learn more about Cognite here

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Our values

Impact: Cogniters strive to make an impact in all that they do. We are result-oriented, always asking ourselves.

Ownership: Cogniters embrace a culture of ownership. We go beyond our comfort zones to contribute to the greater good, fostering inclusivity and sharing responsibilities for challenges and success. 

Relentless: Cogniters are relentless in their pursuit of innovation. We are determined and deliverable (never ruthless or reckless), facing challenges head-on and viewing setbacks as opportunities for growth. 




We are looking for a proactive, solution-oriented Sourcing Manager who thrives in a fast-paced environment. In this role, you will assist  strategic sourcing initiatives, optimize costs, and ensure effective vendor management while collaborating with cross-functional teams including IT, Finance, and Security. You will also be responsible for managing consultancy contracts and onboarding of consultants.


The ideal candidate is process-driven, adaptable, and highly skilled in building relationships. You will excel in negotiating contracts, managing multiple sourcing projects, and analyzing costs to maximize value. If you are eager to take on challenges and contribute to cost-efficient sourcing in a dynamic global software company, this role provides an excellent opportunity to make a significant impact.


Overall tasks and responsibilities of the role
  • Negotiate favorable contract terms with vendors, ensuring cost savings, value-added services, and alignment with business goals.
  • Monitor and evaluate vendor performance post-contract, ensuring they meet KPIs, service level agreements (SLAs), and contractual terms.
  • Identify and manage sourcing risks, including security, compliance, and operational risks, and implement mitigation strategies.
  • Oversee the onboarding and contract management of consultants, ensuring their assignments align with business requirements and deliver value.
  • Conduct cost-benefit analyses to evaluate the financial impact and ROI of sourcing optimization decisions.
  • Support spend analysis and forecasting by working with teams using dashboards, collaboration tools, and meetings while sourcing and managing tools and vendors for effective cloud governance and spend optimization.
  • Provide actionable advice on sourcing projects, including developing and presenting proposals while gaining consensus from stakeholders.
  • Manage multiple sourcing projects simultaneously, ensuring efficient execution and alignment with organizational objectives.
  • Build relationships with business partners, facilitate communication among stakeholders, and provide training on sourcing processes as needed.
  • Collaborate with internal teams across departments to address risks, challenges, and decision-making needs.
  • Lead communication with suppliers during bid processes (RFPs), ensuring compliance with procurement policies and securing favorable outcomes.
  • Assess and recommend sourcing and pricing strategies, considering outsourcing, cloud, and insourcing models to align with organizational goals.


Qualifications
  • Ideally 5+ years of experience from strategic sourcing, negotiations or procurement.
  • Knowledge of procurement related to software and licenses.
  • Knowledge of  legal, financial and technology components of Strategic Sourcing.
  • Ideally academic degree in Economics, Business Administration, Logistics, Law, or related disciplines.
  • Global software company experience preferred
  • The ability to manage multiple and simultaneous sourcing projects requiring frequent communication, organization, time management, and problem-solving skills.
  • Collaborative team player with high communication skills
  • Strong analytical skills and a structured way of working.
  • Experience with Excel and Power BI is considered an advantage
  • Solution oriented, pro-active, problem solving and result driven attitude to work
  • Ability to work in fast pace, dynamic and changing environment
  • Fluent in written and spoken English
  • Minimum travel required


 Join the global Cognite community! 🌐

- Join an organization of 70 different nationalities 🌐 with Diversity, Equality and Inclusion (DEI) in focus đŸ€

- ITPL office location (Bengaluru)

- A highly modern and fun working environment with sublime culture across the organization, follow us on Instagram @cognitedata đŸ“· to know more

- Flat structure with direct access to decision-makers, with minimal amount of bureaucracy

- Opportunity to work with and learn from some of the best people on some of the most ambitious projects found anywhere, across industries

- Join our HUB đŸ—Łïž to be part of the conversation directly with Cogniters and our partners.

- Hybrid work environment globally


Why choose Cognite? 🏆 🚀

Join us in making a real and lasting impact in one of the most exciting and fastest-growing new software companies in the world. We have repeatedly demonstrated that digital transformation, when anchored on strong DataOps, drives business value and sustainabilityfor clients and allows front-line workers, as well as domain experts, to make better decisions every single day. We were recognized as one of CNBC's top global enterprise technology startups powering digital transformation! And just recently, Frost & Sullivan named Cognite a Technology Innovation Leader! đŸ„‡ Most recently Cognite Data FusionÂź Achieved Industry First DNV Compliance for Digital Twins đŸ„‡


Apply today!

If you're excited about the opportunity to work at Cognite and make a difference in the tech industry, we encourage you to apply today! We welcome candidates of all backgrounds and identities to join our team.


We encourage you to follow us on Cognite LinkedIn; we post all our openings there.



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What You Should Know About IT Sourcing Manager, Cognite

At Cognite, we're on the lookout for a dynamic IT Sourcing Manager to join our innovative team in Bengaluru. If you have a knack for strategic sourcing and thrive in fast-paced environments, this is the perfect opportunity for you! In this essential role, you'll lead sourcing initiatives and vendor management, directly impacting our mission to leverage data and solve complex business challenges using our renowned Cognite Data Fusion platform. Your responsibilities will include negotiating favorable contract terms and conducting thorough vendor performance evaluations to ensure they meet our service level agreements. Collaborating with cross-functional teams—namely IT, Finance, and Security—is key, as you'll coordinate consultancy contracts and oversee onboarding processes. We're seeking someone who possesses at least 5 years of experience in sourcing or procurement, particularly in the software domain. Your strong analytical and relationship-building skills will go a long way, as you'll need to manage multiple projects simultaneously while continuously driving cost optimization. Our ideal candidate is proactive, solution-oriented, and comfortable navigating the complexities of vendor relationships. By joining Cognite, you'll not only help shape the future of industrial digitalization but also work in a supportive and inclusive environment, where diversity is celebrated and the opportunities for growth are vast. If you're ready to embark on this transformative journey with us and take on challenges that truly matter, we can’t wait to hear from you!

Frequently Asked Questions (FAQs) for IT Sourcing Manager Role at Cognite
What are the key responsibilities of an IT Sourcing Manager at Cognite?

The IT Sourcing Manager at Cognite plays a critical role in optimizing cost and vendor management. Responsibilities include negotiating contract terms, monitoring vendor performance, managing consultancy contracts, conducting cost-benefit analyses, and collaborating across various teams. The manager also oversees onboarding of consultants and provides actionable insights on sourcing projects, ensuring alignment with organizational goals.

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What qualifications are needed for the IT Sourcing Manager role at Cognite?

To qualify for the IT Sourcing Manager position at Cognite, candidates should generally have 5 or more years of experience in strategic sourcing or procurement, particularly within the software sector. A degree in Economics, Business Administration, Logistics, or a related field is preferred. Strong analytical skills, experience with Excel and Power BI, and a collaborative approach to communication are also valuable assets.

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How does Cognite support IT Sourcing Managers in their roles?

Cognite fosters a collaborative and inclusive environment, empowering IT Sourcing Managers with tools for effective decision-making and vendor management. You'll have a highly modern workspace, access to decision-makers, and the chance to work on ambitious projects across various industries, all while enjoying a flexible work environment that promotes work-life balance.

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What is the work culture like at Cognite for an IT Sourcing Manager?

Cognite boasts a flat organizational structure with minimal bureaucracy, promoting a dynamic work culture filled with opportunities for professional growth. IT Sourcing Managers will join a vibrant team that celebrates diversity and inclusiveness, encouraging innovative thinking and allowing you to make a real impact while collaborating with talented professionals from around the globe.

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What career growth opportunities exist for IT Sourcing Managers at Cognite?

At Cognite, IT Sourcing Managers have significant opportunities for career advancement due to our commitment to employee growth and development. With access to various projects across industries, ongoing training, mentorship, and direct participation in decision-making processes, you'll be well-positioned to expand your skills and take on leadership roles in the future.

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Common Interview Questions for IT Sourcing Manager
What strategies do you use to negotiate contracts with vendors as an IT Sourcing Manager?

When negotiating contracts as an IT Sourcing Manager, I prioritize understanding the vendor's offerings and aligning them with our company's operational needs. I always prepare by researching industry standards and benchmarking similar contracts. It's crucial to foster a collaborative environment, enabling both parties to find common ground while emphasizing value creation.

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Can you describe your experience managing multiple sourcing projects simultaneously?

Managing multiple sourcing projects requires excellent organizational skills and effective time management. I utilize project management tools and strive to create structured timelines that outline responsibilities and deliverables. Maintaining clear communication with stakeholders is also vital for ensuring everyone is aligned and aware of project statuses.

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How do you evaluate vendor performance once contracts are established?

Vendor performance evaluation begins with clearly defined KPIs and SLAs outlined in the contract. I routinely gather data and feedback while conducting formal reviews to ensure compliance with our standards. Open communication with vendors is key, as it helps build relationships and identifies areas for improvement collaboratively.

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What steps do you take to identify and manage sourcing risks?

To identify and manage sourcing risks, I conduct thorough market analyses and assess potential risks related to compliance, security, and operational factors. I develop and implement mitigation strategies, maintain ongoing monitoring and communication with stakeholders to ensure that risks are addressed proactively.

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How do you ensure alignment of sourcing initiatives with corporate strategy?

Ensuring alignment begins with understanding the corporate strategy and the specific objectives of each department involved. I prioritize cross-functional collaboration and regularly seek input from various stakeholders to gauge how sourcing initiatives can support broader organizational goals, resulting in a cohesive approach.

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What role does data analysis play in your sourcing strategy?

Data analysis is integral to my sourcing strategy. It provides insights on vendor performance, cost trends, and market conditions that influence decision-making. Tools like Excel and Power BI allow me to visualize and present data, helping stakeholders make informed choices that enhance sourcing efficiency and value.

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How do you build relationships with business partners?

Building relationships with business partners involves proactive communication and trust-building. I make it a priority to understand their needs and concerns while keeping them updated on sourcing projects. Regular meetings and open dialogue foster collaboration, which is essential for mutual success.

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Can you give an example of how you've successfully managed a challenging sourcing project?

In a previous sourcing project, I faced budget constraints while trying to meet evolving business needs. I facilitated brainstorming sessions with my team, leading to creative solutions that optimized costs while still achieving our objectives. We successfully renegotiated vendor terms and introduced alternative sourcing strategies that turned the situation around.

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What are your techniques for conducting cost-benefit analyses?

When conducting cost-benefit analyses, I start by clearly defining costs and potential benefits associated with a decision or project. I gather quantitative and qualitative data, categorize associated risks, and calculate ROI. By presenting this information visually, I provide stakeholders with a clear perspective that aids in decision-making.

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How do you stay updated on industry trends as an IT Sourcing Manager?

Staying updated on industry trends involves regular reading of industry publications, attending webinars, and participating in professional networking events. I also value discussions within teams at Cognite as they bring in diverse insights that can influence our sourcing strategies positively.

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Full-time, hybrid
DATE POSTED
December 30, 2024

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