Strategic Sourcing Lead

This position will start as a Contract with the intention to convert to full-time employment

The Strategic Sourcing and Procurement Professional is a highly experienced Sourcing Lead in the development and execution of strategic sourcing strategies for complex goods and services. This role focuses 3rd Party Expense Management and Category Strategy for Global Technology Services (GTS) and IT Management Services.

They collaborate with internal stakeholders to identify cost-saving opportunities, manage supplier relationships, and negotiate favorable contract terms while ensuring compliance with company policies and best practices for the following categories of spend: FinOps, End User Support, Global Technology Operations such as Compute Storage and IaaS, Cloud Engineering, and Enterprise Technology (ETOC) such as Network Technologies, Digital Workplace Solutions, Endpoint Resilience, Endpoint Technology, Telecom, and Collaboration Technology.

Strategic Sourcing Planning

Conduct in-depth market research to identify potential suppliers and assess market trends.

Develop comprehensive sourcing strategies for assigned categories, including cost reduction targets, supplier selection criteria, and risk mitigation plans.

Collaborate with internal stakeholders to understand business needs and translate the into clear sourcing requirements.

RFx Management

Lead the design and execution of Request for Information (RFI), Request for Quotation

(RFQ), and Request for Proposal (RFP) processes.

Analyze supplier responses, evaluate proposals based on price, quality, delivery, and other relevant factors.

Supplier Negotiation

Develops negotiation strategies and leads negotiations of complex contract provisions

Conduct complex contract negotiations with suppliers, ensuring optimal pricing and terms while balancing risk and value.

Develop and manage master agreements, including legal terms and conditions.

Vendor Relationship Management

Build and maintain strong relationships with key suppliers, addressing performance issues and driving continuous improvement.

Monitor supplier performance against contractual obligations and KPIs.

Cost Optimization

Analyze spend data to identify cost-saving opportunities and implement strategic sourcing initiatives.

Utilize cost modeling and total cost of ownership (TCO) analysis to evaluate sourcing options.

Stakeholder Management

Communicate sourcing strategies and progress to internal stakeholders, including senior management.

Proactively manage expectations and address concerns related to sourcing activities.

Sourcing Expertise

7+ years of advanced strategic sourcing experience with mastery of strategic technology focused procurement principles, practices, and models.

Deep understanding of technology sourcing principles, sourcing methodologies, and contract law.

Proven track record with clearly articulated examples of negotiating SaaS and Cloud based enterprise business applications at scale in a global environment

Ability to concisely convey contracting options and recommended path forward in summary fashion

Analytical Skills

Proficiency in data analysis, spend analytics, and financial modeling to identify cost savings opportunities.

Market Knowledge

Extensive knowledge of relevant technology and labor supplier markets, industry trends, and competitive landscape.

Communication Skills

Excellent written and verbal communication to effectively interact with stakeholders at all levels.

Project Management Skills

Ability to lead and manage complex sourcing projects from initiation to completion.

Ability to manage individual project timelines and drive completion of projects under limited supervision.