Vice President, Sourcing – Technology (Software)
CurrentNegotiating software licenses for Omnia program to upgrade customer-facing applications.
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Scott C. is listed as Vice President, Sourcing – Technology (Software) at State Street Bank & Trust Co., a with 491 employees, based in Peabody, Massachusetts, United States. AeroLeads shows a matched LinkedIn profile for Scott C..
Scott C. previously worked as Senior Contract Negotiator – Legal Department (Sales support) at Nuance Communications and Senior Sourcing Group Manager (VP) - HR Employee Benefits; HR Operations; Commercial Insurance at Citizens Bank. Scott C. holds Mba, Accounting And Finance from Keller Graduate School Of Management Of Devry University.
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Technology & Human Resources focused Corporate Indirect Procurement professional, especially accomplished at Business Alignment, Consensus Building, Sourcing Process, Vendor Negotiation/ Corporate Interface and Contract Negotiation/ Drafting (Licenses/ Services/ SOW’s), Bringing a Shareholder Perspective to assignments and expediting strategic initiatives.Most recent categories: IT-Software, Employee Benefits, HR Operations, Temp Staffing, Software Implementations (requiring AppDev services); Outsourced IT Services. GENERAL SKILLS/ FOCUS• Supplier Sourcing & Evaluation (RFx) • Vendor Vetting & Risk Management • Cross-functional Projects• Supplier Mgmt/ Vendor Interface (Corporate) • Contract Training (Corporate T&C’s/ SOW’s)• Vendor Financial Analysis (Corporate) • e-Procurement / e-Sourcing / TCOAGGREGATE CAREER RUN RATE$202,457,000
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Quincy, Ma
Negotiating software licenses for Omnia program to upgrade customer-facing applications.
Burlingtin, Ma
Drafting software licenses for Healthcare sales division, negotiating with customer counsel, business teams and procurement.
Boston, Ma
Close collaboration with HR Department on Sourcing and Contracting activities for all HR Employee Benefits and Compensation. Commodity focus: Major Medical-Pharmacy-Dental Benefits Administration (for self-insured employer), Insurance Brokerage services, Corporate Relocation services, Life/ AD&D insurance, Employee Outplacement services, Payroll services, Pre-employment Screening, Tuition Reimbursement, Onsite Wellness Clinics, Compensation consulting, Commercial Insurance, Medicare Transition services. Key vendors, including Brokers: CIGNA, Towers Watson, Express Scripts, Delta Dental, ADP, Right Management, FADV, Aon-McLagan, Marsh, Mercer. Annual remit exceeds $250 million USD. • 2016 Run Rate benefits: $30.2 million USD (Pharmacy/ Rx Benefits Administration) • 2015 Run Rate benefits: $20.4 million USD (Medical Administration)• 2014 Run Rate benefits: $19.8 million USD (Pension Consulting/ Administration)• 2013 Run Rate benefits: $13.6 million USD (Life Insurance, 401k Management, Benefits Brokerage, Dental Administration)• 2012 Run Rate benefits: $15.2 million USD (Stop Loss Insurance, Disability/Leave Administration, Rx Benefit Rebates, Pharmacy Clinical Savings, Medical Clinical Savings/ Program Management ←some are annually recurring) • Author & Instructor: Financial Statement Analysis training for peer group in Procurement (formally incorporated into company training)• Author & Instructor: Master Services Agreement training for peer group in Procurement (formally incorporated into company training) • Co-author & Instructor: Statement of Work training for entire company (formally incorporated into company training)
Boston, Ma
Specializing in Software AppDev procurement, and Outsourced IT Services. Negotiate all major Software License purchases requiring significant implementation and development. Constant negotiation of: Implementation, Managed Services and Consulting SOW’s. Major Vendors currently managed: Fidelity Information Services (‘FIS’), Automated Financial Systems (‘AFS’), Infosys, SAS Institute; and significant interaction with many other major, and niche, Software Publishers who provide specific solutions (hosted or license model) to the Banking Industry. Recent major negotiations by product type/ system: commercial lending, auto loan, education loan, incentive compensation management, personal finance/ asset management, etc…. • $150 million USD negotiated in first 20 months of employment (major contracts only)• $30 million USD cost reduction/ avoidance (from the $150 mil.) – aggregate 20% savings • Winner: 2010 Excellence award. One of only 104 recipients (out of 22,000 US employees). Earned specifically for “Business Engagement” – aligning personal performance with internal Business Line, to achieve universal objectives.
Boston, Ma
Composed Corporate Procurement ‘Policies, Procedures & Guidelines’ inclusive of Strategic Sourcing Process, Contract Management Policy, Vendor Management Program, and all other G&A Procurement functions, with cross-functional input (where required) from Legal, Finance, Audit, Compliance, and Information Technology• Completed vendor rationalization assignments for the Operations department to streamline vendor base, improve efficiency, lower cost and improve contract position• Embedded with the Information Technology group as a trusted partner to improve vendor relationships contract position, cost position and competitively source all major project related purchases• Reduced overall costs by $557,000 principally through vendor consolidation and competitive quoting of IT hardware, software and professional services • Identified and negotiated $400,000+ annual IT consulting (PM and QA) cost reduction opportunity
Managed the majority of indirect spend categories which was 60% of total company spend. Competitive bids included: outsourced Customer Care call-center operations, outsourced Telesales services, in-house Temp services – Loan Processing, in-house Temp services – Call Center services, outsourced Loan Servicer operations, Learning & Content Management services, Interactive Agency (marketing) services, Letter Shop (marketing) services, Office Supplies, Promotional Products• 5 year cost reduction/ avoidance/ & revenue generated, totaled: $17 million (’05-’08) • Authored and conducted multiple supplier bids, analyses and approval/ selection exercises to determine supplier suitability – specifically regarding financial, legal, and various corporate concerns; as well as measuring product/ service capability and supplier market position• Authored and implemented corporate ‘Procurement Guidelines’ – an easy to use, comprehensive guide to purchasing services & goods - ensuring that all purchases achieve 100% corporate compliance in all respects, without compromising operational/ process efficiency • Authored training program for all department managers, relative to contract/ SOW content management and contracting best practices• Contributing author of corporate Vendor ‘Risk’ Management program; coordinating ongoing corporate risk review, focusing on the following concerns: Legal, Compliance, Information Security, Business Continuity/ Disaster Recovery, Fraud, Information Technology and Finance • Reviewed/ approved software and IT contracts for such vendors as: NexTel, IBM, Business Objects, Cisco, MicroSoft, Informatica, Internosis, Veritas and Carousel
Greater Boston Area
Supplier relationship/ contract manager for vendors valued at over $35,000,000 in annual spend – including lead-buy responsibilities for all operating divisions of parent company (Marsh & McLennan)• Reduced costs by $3,100,000 in fewer than three years, on an annual spend of $23,600,000• Implemented various e-Procurement solutions across all company locations, improving order efficiency, service, billing and cost management for a 6,000 employee community
Other employees you can reach at statestreetbank.com. View company contacts for 491 employees →
Rupesh Ajgekar
Colleague at State Street Bank & Trust Co.Mumbai, Maharashtra, India
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Aarthy Shan
Colleague at State Street Bank & Trust Co.Chicago, Illinois, United States
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Sylvia Wu
Colleague at State Street Bank & Trust Co.Boston, Massachusetts, United States
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Grace Zhong
Colleague at State Street Bank & Trust Co.Chaoyang District, Beijing, China
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Lucia Valdez
Colleague at State Street Bank & Trust Co.Metro Jacksonville, United States
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Ajmal Sidiqi
Colleague at State Street Bank & Trust Co.Greater Boston, United States
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Małgorzata Rucińska
Colleague at State Street Bank & Trust Co.Poland
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Donna Kelley
Colleague at State Street Bank & Trust Co.Abington, Massachusetts, United States
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Sally And Bob Rennie
Colleague at State Street Bank & Trust Co.Longs, South Carolina, United States
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Ravindra Purushothama
Colleague at State Street Bank & Trust Co.Quincy, Massachusetts, United States
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Activities and Societies: Graduated with Distinction (3.9 GPA / 4.0 scale)
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Scott C. works for State Street Bank & Trust Co..
Scott C. is listed as Vice President, Sourcing – Technology (Software) at State Street Bank & Trust Co..
Scott C. is based in Peabody, Massachusetts, United States while working with State Street Bank & Trust Co..
Scott C. has worked for State Street Bank & Trust Co., Nuance Communications, Citizens Bank, Royal Bank Of Scotland, and Delta Dental.
Scott C.'s colleagues at State Street Bank & Trust Co. include Rupesh Ajgekar, Aarthy Shan, Sylvia Wu, Grace Zhong, and Lucia Valdez.
You can use AeroLeads to view verified contact signals for Scott C. at State Street Bank & Trust Co., including work email, phone, and LinkedIn data when available.
Scott C. holds Mba, Accounting And Finance from Keller Graduate School Of Management Of Devry University.
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