Vendor Management Office (VMO) Lead

BP · India - Pune · India

Vendor Management Office (VMO) Lead Consulting

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Vendor Management Office (VMO) Lead

Consulting

Entity:

Technology


Job Family Group:

Business Support Group


Job Description:

Job Description

GBS plays a crucial role as a transformation partner to the Group, particularly as the organization changes directions to an IEC and seeks opportunities to streamline, becoming more effective and efficient to deliver the strategy. The Business Enablement and Advisory team (BE&A), part of the Digital Solutions and Transformation team within GBS, partners closely with the business and Group Functions to support their transformation goals. This includes a diverse range of value levers such as location optimization, digitization, automation, process streamlining, analytics and insights, third-party cost, and operating model. One growing area of opportunity is reducing third-party costs through the use of the Vendor Management Office (VMO).

The VMO is a centralized contractor acquisition and management team that partners with business entities to enable cost savings through a streamlined vendor strategy. It provides end-to-end support for the third-party lifecycle, introducing visibility and consistency for all non-employee labour spend. Additionally, the VMO's management of vendor portfolios and internal resource utilization allows hiring managers and workstream leads to focus on strategic work rather than resource management. This VMO Team Lead role is an important enabler to the ambition of expanding the VMO offering across all businesses and functions in the organisation.

Key responsibilities:

Key Skills:

Domain – Procurement and Sourcing Technology – SAP (Ariba, SRM, ERP MM, SAP S/4 HANA, Fieldglass), Integration with other non-SAP P2P systems. Methodologies – PMP and/or Agile Participant management – partnering and influencing across a diverse collaborator group

Key accountabilities

The VMO Lead will oversee demand management, vendor relationships, and end-to-end third- party lifecycle support for a defined vendor pool and business unit. The typical lifecycle accountabilities would entail third-party worker triage and demand management, on/off-boarding, end-to-end lifecycle tracking, fulfilment channels, and reporting and analytics. The VMO's responsibility for end-to-end CW/SOW management requires close coordination and collaboration with vendors, procurement/sourcing teams, hiring managers, and workstream leads to facilitate demand closure and subsequent lifecycle management.

Triage

On/Off Boarding

End-to-End lifecycle tracking.

Fulfillment Channels

Analytics and reporting:

Additionally, the role will require ownership of cost efficiency initiatives on behalf of the corresponding entity. This means partnering with stakeholders to support the identification and implementation of opportunities for cost savings through vendor negotiations and optimizing third-party costs (e.g., rate cards, vendor margins, worker locations, vendor rationalization, etc.). This will also mean a requirement for cross-functional coordination across Procurement, Finance, Technology, Legal, and other teams to support agreed actions on vendor management strategies

The role will require close engagement with a diverse stakeholder group to align vendor strategies, cost targets, and priorities. Establish appropriate governance and providing regular updates, analytics, and performance reporting to senior managers (typically VP and above).

The VMO Lead will manage a small team (typically up to 10) that is aligned to a specific business of function entity, supporting the respective entity scope such as demand management, cost reduction, vendor relationships, and end-to-end third-party lifecycle support.

The VMO Lead will also support efforts to educate internal teams on vendor management best practices, policies, and procedures, fostering a culture of effective vendor relationship management across the organization.

Essential education:

Essential experience and job requirements:

Desirable criteria

Additional information

Key Challenges:

Why join bp

Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner! At bp, we support our people to learn and grow in a diverse and ambitious environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

Disclaimer

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Even though the job is advertised as full time, please contact the hiring manager or the recruiter as flexible working arrangements may be considered.

We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.

At bp, we provide an excellent working environment and employee benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others.

There are many aspects of our employees’ lives that are important, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and many others benefits.

What you can expect from us!

Our commitment to diversity, equity and inclusion:

At bp, you could be part of Business Resource Groups (BRGs) which believe in the power of inclusion, deeper connections, and shared experiences. They provide a place for employees to learn and share knowledge, to connect, and to improve. The BRGs focus on and encourage talent engagement, development, and retention while creating a broadened sense of community and inclusion for bp employees. The groups cultivate leadership growth by involving employees in developmental opportunities they would not otherwise have access to. Formal and informal mentoring also helps employees develop their professional goals and connect with colleagues. The BRGs’ dedication to growth at all levels helps employees feel more engaged and energized. The BRGs break down barriers, so we can all do better together. Examples of BRGs include (but are not limited to):

bpWIN (bp Women’s International Network)

Pride

Working parents

PEN (Positively Ethnic Network)

bpInclusia (bp’s Asian community)

bpEnergía (bp’s Latin community)


Travel Requirement

Up to 10% travel should be expected with this role


Relocation Assistance:

This role is eligible for relocation within country


Remote Type:

This position is a hybrid of office/remote working


Skills:

Agility core practices, Análisis de datos, Comunicación, Creativity and Innovation, Fluidez digital, Gestión de la parte interesada, Gestión de riesgos, Integration, Managing strategic partnerships, Participación del interesado, Pensamiento analítico, Perspicacia comercial, Research and insights, Sustainability awareness and action, Toma de decisiones

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Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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