Senior Sourcing Specialist

Novanta Inc.

92d • $72,000 - $130,000

About The Position

The IT Sourcing Specialist plays a critical role in optimizing the procurement of IT products and services. This individual will be responsible for developing sourcing strategies, managing vendor relationships, negotiating contracts, and ensuring cost-effective and timely acquisition of technology solutions that align with business goals.

Requirements

• Bachelor’s degree in Business, Supply Chain Management, Information Technology, or related field.
• 3–5 years of experience in IT sourcing, procurement, or vendor management.
• Experience sourcing IT systems used in manufacturing, R&D, and quality environments.
• Strong knowledge of medical device regulations (FDA, ISO 13485, GDPR, HIPAA).
• Familiarity with IT categories including SaaS, cloud infrastructure, networking, and cybersecurity.
• Proficiency in sourcing tools and ERP systems (e.g., SAP, Oracle, Coupa).
• Excellent analytical, communication, and stakeholder management skills.

Nice To Haves

• Experience with global sourcing and managing offshore vendors.
• Knowledge of cybersecurity frameworks (e.g., NIST, ISO/IEC 27001).
• Knowledge of ITIL, ISO, or other IT governance frameworks.
• Familiarity with GxP-compliant systems and validation processes.
• Familiarity with IT systems used in medical device lifecycle (e.g., PLM, QMS, eQMS).
• Certification in procurement (e.g., CPSM, CIPS) or IT sourcing (e.g., SIG).

Responsibilities

• Develop and execute sourcing strategies for Applications, Software, Cloud services, and IT consulting.
• Conduct market analysis to identify potential suppliers and evaluate their capabilities.
• Lead RFP/RFI processes and vendor selection.
• Build and maintain strong relationships with key IT vendors and service providers.
• Monitor vendor performance and compliance with contractual obligations.
• Build and track vendor performance with the use of KPI’s.
• Collaborate with legal and finance teams to manage contract lifecycle and renewals.
• Identify cost-saving opportunities through strategic negotiations and alternative sourcing.
• Analyze spend data and trends to inform sourcing decisions and budgeting.
• Ensure sourcing activities comply with internal policies and external regulations.
• Mitigate risks related to vendor reliability, data security, and service continuity.
• Work closely with IT, Finance, Legal, and Procurement teams to align sourcing with business needs.
• Support project teams with timely acquisition of required IT resources.
• Maintain strict compliance with the quality, environmental and occupational health and safety regulations.

Benefits

• Base pay for this position is $72,000 to $130,000 per year.
• Dependent on the position offered, annual bonuses and other forms of compensation may be provided as part of the compensation package.
• Full range of medical, financial, and other benefits to improve quality of life.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees