IT Procurement Manager
Thomson Reuters · India, Bengaluru, Karnataka ·
- Work mode
- Hybrid
- Employment
- Full time
- Category
- Operations
- Experience
- 5+ years
Job Description:
The IT Procurement Manager is responsible for leading strategic sourcing and procurement initiatives across a broad range of technology spend categories. This role partners closely with business stakeholders, Category Leads, Finance, Legal, and Information Security teams to develop sourcing strategies, negotiate complex supplier agreements, optimize spend, and deliver sustainable business value. The position plays a key role in driving procurement excellence, operational efficiency, supplier performance, and compliance across global procurement operations.
Key Responsibilities:
- Lead end-to-end sourcing activities, including requirements gathering, supplier evaluation, negotiation, and contract execution.
- Develop and execute sourcing strategies utilizing 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.
Required Qualifications:
- Bachelor's degree.
- Fluent English communication skills, both written and verbal.
- 5+ years of experience in Procurement, Strategic Sourcing, Procurement Operations, or Program Management.
- Strong experience managing end-to-end sourcing engagements and supplier negotiations.
- Expertise in IT Procurement and technology-related spend categories.
- Experience negotiating and managing contracts valued at $1M+ across multiple geographies.
- Strong understanding of sourcing methodologies, procurement processes, and contract management.
- Ability to analyze spend patterns, contracts, supplier performance, and market trends to drive sourcing strategies.
- Excellent stakeholder management, relationship-building, and cross-functional collaboration skills.
- Experience with Source-to-Pay platforms such as Ariba and/or Fieldglass.
- Strong analytical, problem-solving, and communication skills.
Preferred 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.
- Proven track record of driving procurement transformation, process improvements, and operational excellence initiatives.
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What’s in it For You?
Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.
Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.
Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.
Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.
Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.
Making a Real-World Impact: We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.
About Us
Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.
We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments. At a time when objectivity, accuracy, fairness, and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.
As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity Employer providing a drug-free workplace.
We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law. More information on requesting an accommodation here.
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