Lead Sourcing Consultant
About The Position
Further your career today as a Strategic Sourcing Lead (Professional Services) at Principal Financial Group! Join our Global Sourcing team in Des Moines, IA as a Lead Sourcing Consultant. In this role, you’ll collaborate with business partners and suppliers to develop strategic Consulting/Professional Services/Outsourcing contracts and relationships. Be part of a world-class team passionate about delivering maximum value to our business partners. As a Lead Sourcing Consultant within our Professional Services category, you’ll help transform how we deliver value. We seek highly motivated sourcing professionals who can drive innovative solutions that are: Valuable (cost-effective for the business) Viable (meeting requirements within business constraints) Strategic (leveraging industry intelligence to stay ahead of the competition) What you’ll do: Coach and influence leaders and teams to promote best practices in category management and achieve business results Develop sourcing strategies using total cost of ownership models, internal data, and market intelligence Collaborate with leaders to deliver solutions aligned with business needs Direct and execute strategic sourcing for medium-to-high complexity third-party spend Lead statement of work development, supplier selection, pricing analysis, and contract negotiation Support audit compliance and risk management efforts
Requirements
- Bachelor’s degree or equivalent
- 8+ years of related experience in sourcing, supply chain management, contract negotiations, or contract law
- 4+ years in professional services sourcing with extensive experience negotiating Professional Service agreements
- Knowledge of strategic sourcing principles and supply base management strategies
- Desire to learn about market intelligence and analytics within professional services
- Proven ability to engage with business partners and leaders collaboratively
- Strong problem-solving, influencing, and communication skills
Nice To Haves
- Experience in strategic planning, spend analysis, and supplier management
- Background as a sourcing consultant in consulting and managed/outsourced services categories
Responsibilities
- Coach and influence leaders and teams to promote best practices in category management and achieve business results
- Develop sourcing strategies using total cost of ownership models, internal data, and market intelligence
- Collaborate with leaders to deliver solutions aligned with business needs
- Direct and execute strategic sourcing for medium-to-high complexity third-party spend
- Lead statement of work development, supplier selection, pricing analysis, and contract negotiation
- Support audit compliance and risk management efforts
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
