Technology Procurement Manager Contract Intern

What You’ll Be Doing:

• Advise the CTO and his team on Sourcing Strategies for new and existing vendors, then implement these strategies.
• Generate Realised Value, defined as savings, cost avoidance, negotiated value, cash conserved, and rebates, in a practicable, precise, and transparent manner.
• Negotiate new and renewing technology vendor agreements that are specific, flexible, protective, and aligned with Bumble’s technology strategy.
• Collaborate closely with  internal stakeholders to understand requirements  and consumption of  IT purchases
• Act as an internal champion for Procurement Excellence as a value-generating and supportive function for other functions by driving continuous improvement of the technology Source-to-Pay (S2P) Process.
• Implement a Vendor Relationship Management approach for large, strategic, or sensitive technology vendors that optimises the performance of and value from these vendors.
• Conduct market research and analysis to identify potential suppliers, assess market trends, and benchmark prices to optimise purchasing decisions
• Monitor procurement performance metrics, such as  cost savings, supplier performance, and contract compliance, and report on key performance indicators to senior leadership
• Align procurement activities  with Bumble’s strategic objectives

Who You Are:

• You are an undergraduate degree in business, computer science, or similar 5+ years of progressive experience sourcing and procuring technology such as software (SaaS and Licensed), data centre services, consulting services, cybersecurity, governance, telecommunications, and networking
• You have a functional understanding of the documents that compose a complete vendor engagement, including, but not limited to, NDAs, MSAs, DPAs, Addendums, Order Forms, and Pricing Schedules
• Meticulous and organised planner who can manage technology renewals in an early, predictable, and effective manner.
• Team player who can align groups of internal stakeholders during vendor negotiations to drive the best outcomes for Bumble.
• A respectful but firm negotiator who will drive value while respecting Bumble’s strategic vendors
• Comfort in working with all levels within the organisation tactfully and trustfully and comfortable in challenging the status quo with incumbent and potential vendors.
• You are a change manager who will drive continuous improvement within the Procurement Team and the S2P Process, benefiting internal leaders and stakeholders
• Ethical individual who will work fairly with personnel and vendors and uphold the organization’s values of dignity, respect, diversity, and inclusion.