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Thomson Reuters

Legal, financial data, and media services

IT Procurement Manager

Procurement & SourcingConfirmed live in the last 24 hours
Full-timeBengaluru, Karnataka, IndiaNo salary listed

About the Job

Requirements

  • A Bachelor's degree is required.
  • Fluent English communication skills, both written and verbal, are required.
  • At least 5 years of experience in Procurement, Strategic Sourcing, Procurement Operations, or Program Management is required.
  • Strong experience managing end-to-end sourcing engagements and supplier negotiations is required.
  • Expertise in IT Procurement and technology-related spend categories is required.
  • Experience negotiating and managing contracts valued at $1M+ across multiple geographies is required.
  • A strong understanding of sourcing methodologies, procurement processes, and contract management is required.
  • The ability to analyze spend patterns, contracts, supplier performance, and market trends to drive sourcing strategies is required.
  • Experience with Source-to-Pay platforms such as Ariba and/or Fieldglass is required.
  • Strong analytical and problem-solving skills are required.

Responsibilities

  • Lead end-to-end sourcing activities, including requirements gathering, supplier evaluation, negotiation, and contract execution.
  • Develop and execute sourcing strategies using competitive RFx processes, eRFx tools, and e-Auctions.
  • Analyze spend data, contracts, budgets, and market trends to identify cost-saving and value-creation opportunities.
  • Collaborate with business stakeholders and Category Leads to understand procurement requirements and develop sourcing pipelines.
  • Create and implement category strategies aligned with business objectives and organizational priorities.
  • Negotiate complex supplier agreements and manage contract execution across multiple geographies.
  • Drive supplier performance management and procurement compliance initiatives.
  • Support procurement systems and operational strategies to improve efficiency and business outcomes.
  • Partner with Finance, Legal, and Information Security teams on contract drafting, risk mitigation, and negotiations.
  • Resolve complex procurement issues and provide strategic guidance to stakeholders.
  • Develop sourcing collateral, including business cases, contract summaries, and RFx documentation.

Desired Qualifications

  • Experience developing Total Cost of Ownership (TCO) and Total Value Optimization (TVO) models.
  • Knowledge of procurement regulations, compliance requirements, and industry best practices.
  • Advanced sourcing strategy, deal architecture, and negotiation expertise.
  • Experience working within global or multi-regional procurement organizations.
  • Ability to assess sourcing marketplace trends and incorporate market intelligence into procurement strategies.
  • Experience influencing senior business leaders and managing executive stakeholder relationships.
  • A proven track record of driving procurement transformation, process improvements, and operational excellence initiatives.

About the Company

Thomson Reuters

Legal, financial data, and media services

Thomson Reuters provides intelligent information and professional services for law, tax, finance, and media. It serves law firms, corporations, government agencies, and financial institutions with platforms like legal research (Westlaw), tax software (UltraTax CS), financial market data, and news services. These products are accessed through subscription-based platforms, ensuring ongoing updates and a steady revenue stream. The company also monetizes through advertising on media platforms and data analytics sales. It distinguishes itself by offering a broad, integrated suite of industry-specific tools combined with AI, cognitive computing, and machine learning to improve accuracy, efficiency, and predictive analytics in research and data insights. Its goal is to be a trusted partner that helps professionals make informed decisions by delivering reliable information and decision-ready tools while pursuing responsible, values-driven initiatives.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1851

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