Technology Buyer

Highly motivated technology procurement professional with excellent analytic and sourcing best practice skills. Experience managing enterprise hardware, software and services sourcing initiatives. The Buyer is a sourcing professional, negotiator, and project manager accountable for end-end sourcing and contracting. This role provides essential procurement and supplier expertise in the areas of strategic sourcing and category management with strong commercial and contractual experience. This role will deliver high quality, innovative and proven cost-effective methodologies to support the company and department objectives. This role will interface and foster a collaborative environment with cross functional teams. This role requires exceptional verbal and written communication, strong organizational and time management skills.

Principal Accountabilities:

• Develop global sourcing strategies to deliver against business objectives for internal clients

• Proactively identify, develop and execute on sourcing opportunities driving cost savings, cost avoidance, risk reduction, enhanced business outcomes and process improvements

• Lead negotiations with new and existing suppliers

• Establish trusting relationships with senior level leadership and internal business partners; building a robust understanding of strategic business direction, requirements, and priorities across spend categories.

• Evaluate supplier core competencies and competitive positioning using industry cost models and benchmarking analysis; leveraging key-insights to inform and support the category strategy development process.

• Manage the fundamentals of sourcing and supplier engagement activities including RFP's, spend pattern analysis, contract analysis, bid evaluation, negotiations, and supplier consolidation.

• Prepare and coordinate business reviews with stakeholders to review vendor performance, future opportunities, and/or challenges.

• Manage critical supplier relationships

• Lead the resolution of disputes with suppliers.

• Consummate deals by placing and managing the Purchase Order process

Skills & Software Requirements:

• Excellent understanding of procurement processes, industry, and complex suppliers

• Excellent analytical skills

• Strong knowledge and use of procurement applications

• Excellent communication skills,

• Strong project management Skills

• General understanding of contracting principles

• Ability to close complex deals in a timely fashion

• ERP experience 

Preferred Skills: 

• Google Workspace experience

• Workday ERP

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CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The pay range for this role is $68,100-$113,500. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program. Through our benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active pension plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic benefits package for our team and their dependents.

CME Group: Where Futures are Made

CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.