Strategic Sourcing Specialist

Innova Solutions•Minneapolis, MN

8d•Hybrid

About The Position

We are seeking an experienced Strategic Sourcing/Procurement Professional with experience in sourcing, procurement, and contract negotiations. The role focuses on developing sourcing strategies, negotiating complex supplier agreements, managing vendor relationships, conducting financial analysis, and ensuring legal and regulatory compliance. Experience with technology, software licensing, and SaaS agreements is highly desirable.

Requirements

Strategic Sourcing or Procurement experience.
Strong contract drafting, review, interpretation, and negotiation skills.
Experience with supplier relationship and vendor management.
Financial analysis and pricing evaluation expertise.
Knowledge of software licensing, SaaS, and AI-related contracts.
Experience managing RFPs and sourcing strategies.
Proficiency in Microsoft Word and Excel.

Nice To Haves

Familiarity with regulated industries (Financial Services or Healthcare) is a plus.
JD, CPSM, or other sourcing/procurement certifications are preferred but not required.

Responsibilities

Lead contract drafting, review, interpretation, and negotiations for complex supplier agreements.
Develop and execute strategic sourcing strategies to optimize cost and business value.
Manage supplier relationships throughout the contract lifecycle.
Conduct financial analysis of pricing proposals and support cost optimization initiatives.
Lead RFP/RFQ processes, supplier evaluations, and contract implementation.
Collaborate with cross-functional teams, including Legal, Finance, and Business stakeholders.
Resolve supplier disputes and provide guidance on contract-related issues.
Mentor junior sourcing and contract professionals.