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Manager, Strategic Sourcing

Company: Prudential
Location: Newark
Posted on: June 12, 2021

Job Description:

Prudential's Global Sourcing and Procurement Group (GSP) empowers Prudential globally to drive the greatest value by leveraging supplier partnerships. GSP provides our global customers easy access to products and services at the greatest value through business insights, market knowledge, seamless and efficient processes, and professional expertise.

Information Technology Procurement (ITP) is a category within GSP. ITP is responsible for managing vendors for IT hardware and software acquisitions, as well as certain IT consulting and services for the enterprise. The group is customer service focused and fast paced, working within a team environment. We manage IT purchasing, contract negotiating, and hiring for consulting services, as well as partner with the Vendor Governance within Global Technology (GT) in support of technology engagements across the Enterprise.

The ideal candidate will be responsible for delivering strategic and best-in-class procurement support to Prudential's overall GT organization including, but not limited to, management of sourcing processes, leveraging third-party procurement relationships to achieve cost savings objectives, and contract negotiation and administration. You will partner closely with the technology vendor engagement managers (VEMs), Technology and Enterprise Contracts Law (TECL) and other corporate functions to ensure that proper controls are contractually in place, understood by the business and to provide best-in-class procurement support to Prudential on strategic initiatives.

Principal Duties and Job Responsibilities:

  • Assist with sourcing process including acquisition of IT solutions
  • May also assist in the development of Request for Information (RFIs) and Request for Proposal (RFPs)
  • Assist with the execution of enterprise-wide purchasing programs for the Global Technology Business Unit
  • Manage negotiation of contract terms including pricing and volume discounts
  • Handle both routine and complex paperwork inclusive of negotiating contracts related to purchasing new IT solutions


  • Experience in IT Procurement, managing complex IT acquisitions, and negotiating IT contracts
  • Demonstrated capability in working in a multi-function team environment, including effective influence management
  • Effective conflict management skills
  • Understanding of IT industry trends in contracting and supplier management practices
  • Strong sourcing skills and experience required
  • Analytical skills and understanding of MS Office tools
  • Strong communication and presentation skills necessary
  • Must be able to manage multiple projects and responsibilities
  • Solid customer service orientation
  • Takes ownership of actions and demonstrates the ability to work independently
  • Takes responsibility for putting in time and effort needed to achieve work objectives
  • Demonstrates sense of urgency and a positive, "can-do" attitude
  • Surfaces potential problems for decision makers to keep projects on track
  • Ability to adjust work to accommodate needs of group processes
  • Ability to prioritize work
  • Ability to work autonomously and to make certain decisions on their own
  • Must be results-oriented and effective within collaborative, team environment
  • Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at for more information about doing business with Prudential.


If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email to request assistance.

Keywords: Prudential, Newark , Manager, Strategic Sourcing, Other , Newark, New Jersey

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