Strategic Sourcing Lead
About The Position
The Strategic Sourcing and Procurement Professional is a highly experienced Sourcing Lead in the development and execution of strategic sourcing strategies for complex goods and services. This role focuses 3rd Party Expense Management and Category Strategy for Global Technology Services (GTS) and IT Management Services. They collaborate with internal stakeholders to identify cost-saving opportunities, manage supplier relationships, and negotiate favorable contract terms while ensuring compliance with company policies and best practices for the following categories of spend: FinOps, End User Support, Global Technology Operations such as Compute Storage and IaaS, Cloud Engineering, and Enterprise Technology (ETOC) such as Network Technologies, Digital Workplace Solutions, Endpoint Resilience, Endpoint Technology, Telecom, and Collaboration Technology.
Requirements
- 7+ years of advanced strategic sourcing experience with mastery of strategic technology focused procurement principles, practices, and models.
- Deep understanding of technology sourcing principles, sourcing methodologies, and contract law.
- Proven track record with clearly articulated examples of negotiating SaaS and Cloud based enterprise business applications at scale in a global environment.
- Ability to concisely convey contracting options and recommended path forward in summary fashion.
- Proficiency in data analysis, spend analytics, and financial modeling to identify cost savings opportunities.
- Extensive knowledge of relevant technology and labor supplier markets, industry trends, and competitive landscape.
- Excellent written and verbal communication to effectively interact with stakeholders at all levels.
- Ability to lead and manage complex sourcing projects from initiation to completion.
- Ability to manage individual project timelines and drive completion of projects under limited supervision.
Responsibilities
- Conduct in-depth market research to identify potential suppliers and assess market trends.
- Develop comprehensive sourcing strategies for assigned categories, including cost reduction targets, supplier selection criteria, and risk mitigation plans.
- Collaborate with internal stakeholders to understand business needs and translate the into clear sourcing requirements.
- Lead the design and execution of Request for Information (RFI), Request for Quotation (RFQ), and Request for Proposal (RFP) processes.
- Analyze supplier responses, evaluate proposals based on price, quality, delivery, and other relevant factors.
- Develops negotiation strategies and leads negotiations of complex contract provisions.
- Conduct complex contract negotiations with suppliers, ensuring optimal pricing and terms while balancing risk and value.
- Develop and manage master agreements, including legal terms and conditions.
- Build and maintain strong relationships with key suppliers, addressing performance issues and driving continuous improvement.
- Monitor supplier performance against contractual obligations and KPIs.
- Analyze spend data to identify cost-saving opportunities and implement strategic sourcing initiatives.
- Utilize cost modeling and total cost of ownership (TCO) analysis to evaluate sourcing options.
- Communicate sourcing strategies and progress to internal stakeholders, including senior management.
- Proactively manage expectations and address concerns related to sourcing activities.
- Seek to prevent injury to any employee, customer, worker, or contractor.
- Actively participating and completing compliance training as required.
- Consider the safety implications of decisions.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
