Strategic Sourcing Sr Advisor - IT Professional Services

Health Care Service Corporation•Chicago, IL

2d•$102,000 - $184,300•Hybrid

About The Position

As a key member of the Procurement organization, the Strategic Sourcing Senior Advisor develops and executes category strategies for Professional Services, primarily focused on IT Consulting, IT Managed Services, IT Outsourcing, and related technology-enabled services. The role serves as a trusted advisor to business and technology leaders, helping make sourcing decisions that balance cost, quality, supplier performance, innovation, and risk. It does not support procurement of IT hardware or software. The Senior Advisor leads complex sourcing initiatives, commercial negotiations, category management activities, and supplier relationship strategies for critical enterprise spend categories. The position calls for business acumen, financial analysis skills, executive stakeholder management, and the ability to identify cost reduction, cost avoidance, supplier consolidation, and value creation opportunities. Success is measured by influencing business outcomes, delivering measurable savings, optimizing supplier performance, and supporting enterprise strategic objectives. The role offers the opportunity to learn about the operations of a large healthcare plan. It is a hybrid position requiring at least three days in the office and two days working from home. Sponsorship is not available. Compensation varies based on job-related skills, education, knowledge, and experience. The role aligns with an annual incentive bonus plan, subject to its terms and conditions.

Requirements

Bachelor's degree or equivalent experience.
8+ years of progressive experience in procurement, supplier management, or category management.
Proficiency with MS Excel, Word, Outlook, and PowerPoint.
Strategic and innovative thinking, with the ability to influence and advise business areas.
Strong executive presence and outstanding interpersonal, verbal, written communication, and presentation skills.
Critical thinking, analytical skills, and business acumen.
Conflict resolution skills.
Consistent thought leadership.

Nice To Haves

Bachelor's degree in Business, Finance, Supply Chain, Engineering, or a related field.
MBA or master's degree.
Experience sourcing and negotiating IT Professional Services, including IT Consulting, IT Managed Services, IT Outsourcing, and Staff Augmentation engagements.
Experience negotiating complex commercial agreements, including Master Services Agreements (MSAs), Statements of Work (SOWs), resource pricing models, and supplier rate cards.
Experience developing business cases and performing financial analysis to support sourcing strategies, supplier selection, and investment decisions.
Experience conducting supplier benchmarking, cost modeling, and total cost of ownership analyses to identify savings and value creation opportunities.
Knowledge of Business Process Outsourcing (BPO) and technology-enabled service delivery models.
Knowledge of e-Procurement systems and tools; experience using Procure-to-Pay and Contracting modules or similar procurement systems.
Advanced Excel and data analysis capabilities, with the ability to translate complex data into actionable business recommendations.

Responsibilities

Develop and execute category strategies for Professional Services, primarily IT Consulting, IT Managed Services, IT Outsourcing, and related technology-enabled services.
Advise business and technology leaders on sourcing decisions that balance cost, quality, supplier performance, innovation, and risk.
Lead complex sourcing initiatives and commercial negotiations.
Conduct category management activities and develop supplier relationship strategies for critical enterprise spend categories.
Identify opportunities for cost reduction, cost avoidance, supplier consolidation, and value creation.
Influence business outcomes, deliver measurable savings, optimize supplier performance, and support enterprise strategic objectives.