Procurement & Sourcing Operations Analyst, IT Sourcing Specialist

Vanguard•Malvern, PA

4d•Hybrid

About The Position

This role is ideal for someone who enjoys building relationships, understanding business needs, managing multiple priorities, and working collaboratively across teams. You don't need to be a sourcing expert to make an impact. If you have experience working with IT suppliers or vendors, supporting technology or business teams, participating in procurement or contracting activities, managing projects, or partnering with a variety of stakeholders, your background could be a great fit for Enterprise Supply Management.

Requirements

Three years related work experience in sourcing functions
Undergraduate degree or equivalent combination of training and experience
Experience with IT hardware and software is needed to be successful in this role.
Experience working with IT suppliers or vendors
Supporting technology or business teams
Participating in procurement or contracting activities
Managing projects
Partnering with a variety of stakeholders
Building relationships
Understanding business needs
Managing multiple priorities
Working collaboratively across teams
Curiosity, ambition, and a passion for learning

Nice To Haves

Experience with Oracle, ServiceNow, Globality and Sirian

Responsibilities

Leads low and medium complexity sourcing transactions based on assessment of business needs.
Leads and facilitates discussions on relationship, cost, and capabilities with leadership and suppliers.
Drives engagements through defined sourcing processes, resolving issues and involving stakeholders as needed.
Interfaces heavily with other Sourcing teams, business owners, and Legal & Risk partners for each transaction.
Participates in strategic vendor-related initiatives.
Provides relationship and project management expertise.
Coordinates multiple stakeholders for input and collaboration for procurement activities.
Interprets and communicates contract requirements, obligations, and risk exposures to key stakeholders, including sourcing professionals and business leaders.
Oversees contract review, approvals, and negotiations.
Champions sourcing process compliance and educates key stakeholders about commercial, legal, policy, and other considerations in support of the negotiation process.
Identifies and executes value creation opportunities through supplier consolidation, demand management, benchmarking, process optimization, and innovation partnerships.
Ensures supplier and contract data is submitted or entered into management systems and databases.
Proactively considers and suggests vendor alternatives and contract timelines.
Supports adherence to procurement policies and procedures.
Participates in special projects and performs other duties as assigned.