Director, Technology Vendor Management

Job Description :Director, Technology Vendor Management OrganizationPosition summary:  We are establishing a Vendor Management Organization as a dedicated function in the current Sourcing organization responsible for managing relationships with external Technology vendors. This will be a function to ensure vendors deliver value to the business, meet performance standards and comply with contractual obligations.In this role, you will be responsible for managing and optimizing vendor relationships for our Technology Group to ensure the delivery of services align with business objectives.This role in particular focuses on Technology Vendors only providing Services in all categories (Hardware, Software, Services, Cloud computing etc.).AccountabilitiesSupplier identification and market researchBuild strong relationships with internal stakeholders to align vendor services with business needsStay up to date with industry trends to manage vendor sourcing and performanceManaging vendor relationshipsDevelop vendor relationships demonstrating a partnership approach and fostering collaboration to drive innovation and continuous improvementBe the first level of relationship escalation for our stakeholdersFacilitate communication between vendors and internal stakeholdersEnsuring contract complianceEnsure performance meets established service levels and contractual obligations by:Usage monitoring:Understanding the contracts, pricing models (unit based, license based, consumption based), entitlementsEnsuring governance and reporting mechanism in place with the vendor to measure and report on consumptionSLA monitoring: SLA compliance as per contract and report any SLAs missedFinancial risk monitoring optimizing vendor costsMaking sure we are utilizing the vendor effectivelyHighlighting potential overages early enough to take corrective actionQBR facilitationFacilitate regular QBR for strategic vendors to review performance, discuss progress and ensure alignment with business objectivesFacilitate discussion between the vendor and the News Corp Technology Architecture group to ensure Increase understanding of product offerings and roadmaps to promote more value from our strategic partnersCritical Experiences Bachelor of Arts or Sciences Degree or equivalent experience required.Minimum 10  years of vendor management and/or equivalent  experience required.Ability to work cross-functionally with internal stakeholders (e.g., procurement, finance, operations) to align vendor management efforts with business objectivesGood understanding of procurement process and vendor contractsUnderstanding of different delivery models (managed service, fixed fee, time and material etc)Understanding of various commercial models (SAAS subscription, usage based, license based etc.)Technology industry knowledgeUnderstanding of vendor management best practicesStrong communication skills (Internal as well as external)Negotiation and analytical skillsConflict ResolutionExpe...