Strategic Sourcing Analyst - IT Procurement
About The Position
Reporting to the Manager of Strategic Sourcing, the Strategic Sourcing Specialist position is responsible for technology and service acquisitions, enterprise wide. The Strategic Sourcing Specialist will work with stakeholders at all levels of the organization to understand the procurement requirements and lead agile sourcing methodology, including determination of the evaluation and negotiation strategies for assigned projects. Sourcing and contracting for any IT related purchases, including software (SaaS/Cloud), hardware, managed services and consulting services of medium to high complexity. Responsible for leading the sourcing and contracting process for medium to high complexity tasks for vendor investigation, developing sourcing strategy, bid solicitation/RFx, negotiating contract pricing, commercial terms and conditions, and completing all IT Procurement related sourcing and contract documentation for varying types of IT related contracts with new and existing vendors. Facilitate the contracting process with internal and external legal counsel following compliance review processes (Security, bank compliance, Tax, Privacy, etc.). Work collaboratively with all business areas and the IT organization to contract solutions that successfully meet business priorities. Act as the liaison between the internal business units and external vendors. Strategic Sourcing Specialists will also maintain ownership of specific vendor or business client portfolios. Contribute to, and demonstrate, the value of IT Procurement services for each initiative, working with the objective of increasing the use of IT Procurement services. Ensuring that the IT Procurement Lifecycle is followed, and industry practices are introduced throughout the procurement and sourcing lifecycle. Work with the IT teams to ensure contract terms, Service Level Agreements and escalations are understood throughout the sourcing/contracting phase. Identify and execute opportunities for procurement cost reduction and value-added services. Support ad-hoc reporting and analysis as required including the development of vendor portfolios. Take initiative in providing SME expertise, support, and training to Analysts or new hires in IT Procurement. Identify areas of opportunity for cost savings or process improvements.
Requirements
- University degree, College/Technical Institute diploma, or equivalent work experience.
- Minimum three (3) years of experience in an IT Procurement role.
- In-depth knowledge in IT Procurement processes and core competencies including technologies and services.
- Strong leadership skills and presence, remarkable sense of accountability and a demonstrated ability in constructing procurement strategies and solving problems.
- Outcome focused, critical thinkers with the ability to analyze and visualize continuous innovation.
- Collaborative team player with superior influencing, communication and negotiation skills, who build relationships easily across various cross functional groups to move initiatives forward.
Nice To Haves
- SCMP/CSCMP is an asset.
Responsibilities
- Lead agile sourcing methodology, including determination of evaluation and negotiation strategies for assigned projects.
- Source and contract for IT related purchases, including software (SaaS/Cloud), hardware, managed services, and consulting services of medium to high complexity.
- Lead the sourcing and contracting process for medium to high complexity tasks for vendor investigation, developing sourcing strategy, bid solicitation/RFx, negotiating contract pricing, commercial terms and conditions, and completing all IT Procurement related sourcing and contract documentation.
- Facilitate the contracting process with internal and external legal counsel following compliance review processes (Security, bank compliance, Tax, Privacy, etc.).
- Work collaboratively with all business areas and the IT organization to contract solutions that successfully meet business priorities.
- Act as the liaison between internal business units and external vendors.
- Maintain ownership of specific vendor or business client portfolios.
- Contribute to and demonstrate the value of IT Procurement services for each initiative, working with the objective of increasing the use of IT Procurement services.
- Ensure the IT Procurement Lifecycle is followed and industry practices are introduced throughout the procurement and sourcing lifecycle.
- Work with IT teams to ensure contract terms, Service Level Agreements, and escalations are understood throughout the sourcing/contracting phase.
- Identify and execute opportunities for procurement cost reduction and value-added services.
- Support ad-hoc reporting and analysis as required, including the development of vendor portfolios.
- Provide SME expertise, support, and training to Analysts or new hires in IT Procurement.
- Identify areas of opportunity for cost savings or process improvements.
Benefits
- Comprehensive benefits and retirement programs
- Performance incentives
- Continuing Education Programs
- Other perks to support your well-being
- Career growth opportunities
- Product discounts
- Broadband
- Store discounts
- Supported learning through our Triangle Learning Academy
- Canadian Tire Profit Sharing
- Retirement and savings programs for eligible employees
- Mental health benefits in the amount of $5,000 per year for benefits-eligible employees and their families
- Total well-being, and mental health tools and resources for all employees
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
