Strategic Sourcing Analyst (S3)
About The Position
The Strategic Sourcing Analyst owns sourcing engagements across SaaS, enterprise software, cloud services, and other IT categories, managing projects from initial requirements through competitive bidding, supplier selection, negotiation, and contract execution. The role works with stakeholders in IT, Finance, Legal, Procurement, Vendor Management, and Third-Party Risk, and supports high-value technology agreements and enterprise-wide sourcing initiatives, including contracts valued at $250K or more. The position is based in Malvern, Pennsylvania, in a professional corporate environment and follows a hybrid model with onsite and remote work. Standard business hours are generally Monday through Friday. This is a contract-to-hire position.
Requirements
- SaaS and software sourcing experience.
- At least 5 years of procurement, strategic sourcing, or related experience.
- Demonstrated experience sourcing and negotiating SaaS and software agreements.
- Strong experience in IT procurement and technology sourcing, including software and/or cloud services.
- Experience negotiating software licensing, SaaS subscription pricing, renewals, commercial terms, and contract conditions.
- Ability to independently manage the strategic sourcing lifecycle, including RFx development, competitive bidding, supplier evaluation, and negotiation.
- Experience working with technology vendors and evaluating proposals based on cost, capabilities, service levels, and risk.
- Strong stakeholder-management skills and ability to partner with IT, Finance, Legal, Vendor Management, and Procurement.
- Strong analytical capabilities, including cost modeling, proposal analysis, and total-cost-of-ownership evaluation.
- Advanced Microsoft Excel skills and strong Microsoft PowerPoint capabilities.
- Experience working within a large enterprise procurement environment.
Responsibilities
- Lead end-to-end sourcing for SaaS, enterprise software, cloud services, and IT solutions.
- Manage sourcing engagements from intake and requirements gathering through vendor selection, negotiation, and contract execution.
- Develop and execute RFPs, RFIs, and RFQs for technology purchases and renewals.
- Lead competitive bidding events and evaluate suppliers based on pricing, functionality, service levels, commercial terms, and risk.
- Negotiate SaaS subscriptions, software licensing, pricing, renewals, commercial terms, and high-value technology contracts.
- Analyze proposals and total cost of ownership to identify savings, leverage, and negotiation opportunities.
- Partner with IT, Finance, Legal, Procurement, Vendor Management, and Third-Party Risk throughout the sourcing lifecycle.
- Support complex and enterprise-wide sourcing initiatives, including technology contracts valued at $250K or more.
- Manage sourcing activity and documentation within procurement and ERP platforms.
- Present sourcing recommendations, financial analysis, and vendor-selection rationale to stakeholders.
- Support supplier performance, issue resolution, and ongoing supplier relationship management.
- Identify opportunities to improve procurement processes, sourcing efficiency, data visibility, and consistency.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Critical illness, accident, and hospital coverage
- 401(k) retirement plan with pre-tax and Roth post-tax contributions
- Voluntary life and AD&D insurance for the employee and dependents
- Short- and long-term disability coverage
- Health Spending Account (HSA)
- Transportation benefits
- Employee Assistance Program
- Time off/leave, including PTO, vacation, or sick leave
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What This Job Offers
Career Level
Mid Level
Education Level
No Education Listed
