Technology Sourcing Manager

As a Technology Sourcing Manager at Legal & General, your responsibilities include managing procurement activities across various categories like IT and marketing, leading strategic sourcing initiatives, engaging in supplier negotiations, and ensuring compliance with procurement policies. Additionally, you'll collaborate with cross-functional teams, contribute to continuous improvement efforts, and support junior team members in the procurement process.

To excel as a Technology Sourcing Manager at Legal & General, candidates should have experience in procurement with a strong background in technology sourcing. A commitment to excellence, continuous improvement, and effective collaboration are essential. Strong communication skills and a passion for driving innovation in procurement strategies will greatly enhance your candidacy.

Legal & General supports its Technology Sourcing Managers by providing an environment focused on collaboration and engagement. With access to professional development opportunities, performance-related bonuses, generous pension contributions, and a welcoming culture, you’ll receive comprehensive support to excel in your role and advance your career within the company.

The work environment for a Technology Sourcing Manager at Legal & General encourages flexibility, collaboration, and innovation. You can expect to spend two days in the office and three days at home, allowing for a great work-life balance while still engaging closely with colleagues and stakeholders to drive procurement excellence.

Yes, Technology Sourcing Managers at Legal & General can participate in an annual performance-related bonus plan. This is part of our commitment to reward performance and behavior that aligns with our values, providing you with meaningful incentives as you contribute to the company’s success.

When managing procurement across various categories, it's vital to adopt a category management approach, leveraging data analytics to assess spend trends, supplier performance, and market conditions. Additionally, fostering strong relationships and communication with stakeholders will ensure alignment and collaborative goal-setting.

Handling difficult negotiations requires preparation and understanding. Start by researching the supplier's needs and motivations, then frame your objectives clearly and use active listening during discussions to find common ground. Building rapport can lead to mutually beneficial outcomes.

In describing a successful sourcing project, focus on what made it effective, such as a strategic approach, collaborative teamwork, and positive supplier relationships. Highlight the outcomes, including cost savings, improved service delivery, or successful innovation implementation.

Ensuring compliance with procurement policies involves staying well-informed about regulations and guidelines. Regularly reviewing processes, providing training to the team, and consistently monitoring supplier contracts help maintain compliance and mitigate risks.

In discussing how you improved a procurement process, detail the specific challenges faced and the innovative solutions you implemented. This could include automating workflows, streamlining communication, or leveraging technology to enhance efficiency.

Technology plays a crucial role in procurement strategy by enabling data analysis, enhancing supplier communication, and automating repetitive tasks. Utilizing tools like procurement software can help achieve transparency and efficiency throughout the sourcing process.

To prioritize multiple projects and tasks, I utilize a systematic approach that includes setting clear objectives, assessing project urgency and impact, and employing project management tools to keep track of deadlines and team responsibilities.

One of the biggest challenges facing procurement professionals today is adapting to rapid technological advancements and shifting market dynamics. Staying agile while also managing cost pressures and supplier relationships is pivotal for success in this landscape.

Building effective relationships with suppliers involves active engagement, regular communication, and transparency. Understanding their challenges, being responsive to their needs, and recognizing their contributions generously can significantly strengthen these partnerships.

When asked why you want to work at Legal & General, it’s best to express alignment with the company’s values in safeguarding financial futures and the exciting opportunity presented by their transformation strategy. Highlight your enthusiasm for contributing to a culture of innovation and collaboration.