Senior Strategic Sourcing Specialist

Forescout Technologies Inc.

About The Position

Forescout has an excellent opportunity for an engaging and employee-focused Senior Strategic Sourcing Specialist to join our high-energy, multi-cultural, world-changing team. We are seeking a highly experienced Senior Strategic Sourcing Specialist to lead complex sourcing initiatives, drive commercial outcomes, and serve as a trusted procurement partner to the business. This role is designed for a proven self-starter who can step into a fast-paced, high-expectation environment and quickly operate with minimal oversight. The successful candidate will independently manage high-value negotiations, influence stakeholders, optimize supplier relationships, and bring strong commercial judgment to complex decisions. In addition to strategic sourcing ownership, this role will play a critical role in strengthening procurement operations, improving process discipline, and increasing scalability across tools, workflows, and cross-functional execution. This is a high-visibility role requiring urgency, executive presence, accountability, and the ability to consistently deliver results under pressure.

Requirements

  • Bachelor’s degree in Business Administration, Supply Chain, Finance, or related field.
  • 7+ years of experience in procurement, strategic sourcing, or vendor management.
  • Proven track record leading vendor negotiations and commercial contract discussions.
  • Experience leading full-cycle sourcing events (RFP, RFQ, RFI) independently.
  • Experience partnering directly with Facilities, Operations, IT-Security, Legal, or similar stakeholders.
  • Strong analytical capability including spend analysis, benchmarking, and savings tracking.
  • Experience with Oracle ERP.
  • Ability to operate effectively in a fast-paced environment while managing competing priorities.
  • Experience in the technology sector across services, software, and enterprise environments.
  • Ability to operate independently across multiple concurrent sourcing initiatives.

Nice To Haves

  • Experience with ZIP Procurement Platform.
  • Experience in the technology sector across services, software, and enterprise environments.

Responsibilities

  • Own and lead end-to-end vendor negotiations including pricing, contract terms, SLAs, renewal structures, and commercial risk.
  • Develop and execute negotiation strategies with clear objectives, fallback positions, and competitive leverage.
  • Drive measurable cost savings, cost avoidance, and contract optimization across assigned categories.
  • Lead RFP, RFQ, and RFI processes independently for medium to high complexity engagements.
  • Conduct market benchmarking and pricing validation to strengthen sourcing positions and renewal strategies.
  • Structure multi-year agreements, renewal protections, and pricing controls aligned with business needs.
  • Act as a trusted advisor to stakeholders, proactively influencing sourcing decisions and commercial strategy.
  • Engage early in business planning cycles to anticipate demand and position procurement ahead of spend.
  • Translate business requirements into sourcing strategies, supplier selection criteria, and commercial frameworks.
  • Provide clear visibility into sourcing pipeline, savings performance, and commercial risks through structured updates and QBRs.
  • Drive alignment across stakeholders to ensure timely decision-making and execution.
  • Partner closely with Legal to lead contract structuring, redlines, and negotiations through execution.
  • Ensure alignment on risk exposure, compliance requirements, and internal policy across all agreements.
  • Own renewal strategy and supplier commercial lifecycle management proactively.
  • Maintain clean, accurate contract and sourcing data across Oracle, ZIP, and CLM systems.
  • Lead continuous optimization of procurement workflows, identifying bottlenecks, inefficiencies, and delays across the end-to-end intake-to-purchase process.
  • Partner cross-functionally with Finance, Legal, IT, Security, and business stakeholders to streamline approvals, improve handoffs, and accelerate cycle times without sacrificing controls.
  • Serve as a power user and operational owner across procurement systems (ZIP, Oracle, CLM), driving adoption, discipline, and consistency.
  • Own operational governance of requisitioning, purchase order, and change order workflows, ensuring timely execution, clean data, and policy alignment.
  • Identify recurring operational pain points and implement scalable, sustainable solutions that improve user experience and visibility.
  • Build reporting and performance visibility around procurement cycle times, backlog, workflow health, and service levels.
  • Partner with buyers and sourcing teams to ensure operational execution supports commercial priorities and business urgency.
  • Establish scalable standards, documentation, and process controls that enable growth while maintaining consistency and compliance.

Benefits

  • Competitive compensation and benefits
  • 85% of employee and dependents’ health care premiums covered
  • 100% company paid employee life and disability insurance premiums
  • 401K match
  • Generous FTO policy (U.S. only)
  • Option to purchase voluntary life, accident and critical illness insurance
  • Employee assistance program
  • Maternity and parental bonding leave
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