Procurement Sourcing Manager

FTI Consulting • Washington, DC

1d • $80,000 - $163,000

About The Position

FTI Consulting, Inc. is looking for a mission-focused, detail-oriented, and process-minded individual to support the company’s global procurement function, who will report to the Senior Director of Global Procurement. The Sourcing Manager is a global procurement professional responsible for leading the sourcing process for goods and services within a company, utilizing data analysis to identify cost-saving opportunities, negotiating favorable contracts with suppliers, managing supplier relationships, and collaborating with cross-functional teams to optimize procurement strategies, all while ensuring compliance with company policies. A successful Sourcing Manager will bring extensive experience in sourcing, market research, contract negotiation, and data analysis, often acting as a subject matter expert within a specific category area.

Requirements

• Bachelor's degree in business, supply chain management, or a related field.
• 5+ years of experience in procurement with an emphasis on Sourcing
• Ability to travel to FTI office(s) as needed.
• Applicants must be currently authorized to work in the United States on a full-time basis; this position will not sponsor applicants for work visas.

Nice To Haves

• Proven track record of leading a sourcing process or team.
• Expertise in data analysis and reporting using procurement tools and software
• Strong negotiation skills and ability to build relationships with suppliers
• Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams
• Understanding of market dynamics and industry trends within relevant procurement categories
• Proficiency in contract drafting and management
• Ability to manage multiple projects and prioritize tasks effectively

Responsibilities

• Driving end-to-end strategic sourcing for global IT including hardware, software and services spend.
• Conduct in-depth market research to identify potential suppliers, assess their capabilities, and evaluate pricing structures to find the best value for the company.
• Develop and execute sourcing strategies for assigned categories, including identifying cost reduction opportunities, negotiating contract terms, and managing supplier performance.
• Lead the Request for Proposal (RFP) and Request for Quotation (RFQ) process, including developing specifications, evaluating supplier proposals, and selecting the most suitable vendor.
• Negotiate complex contracts in coordination with legal, risk & compliance, and IT resources, ensuring favorable terms regarding price, quality, delivery, and service level agreements (SLAs).
• Build and maintain strong relationships with key suppliers, addressing concerns, monitoring performance, and identifying opportunities for further collaboration.
• Analyze procurement data to identify trends, cost savings opportunities, and areas for improvement, generating detailed reports for stakeholders.
• Proactively identify and implement cost-saving initiatives through supplier consolidation, contract renegotiation, and value engineering.
• Work closely with internal teams (e.g., IT, finance, legal) to align procurement strategies with overall business objectives.
• Ensure adherence to company procurement policies, legal requirements, and ethical sourcing practices.
• Manage any provide oversight of Sourcing Analysts, ensuring high level performance and growth.

Benefits

• professional development
• on-the-job learning
• self-guided professional development courses and certifications
• dedicated coach to mentor, guide and support you through regular coaching sessions

What This Job Offers

• Job Type: Full-time
• Career Level: Senior