Strategic Sourcing & Vendor Management Specialist

VanguardMalvern, PA
Hybrid

About The Position

Enterprise Supply Management is your strategic partner for all your supplier needs. You can count on us to bring you a seamless purchasing experience from start to finish and to deliver scalable value across Vanguard.

Requirements

  • Minimum of 5 years of relevant experience in strategic sourcing, procurement, or vendor management.
  • Undergraduate degree or equivalent experience required; advanced degree preferred.
  • Demonstrated experience in: Strategic sourcing and supplier negotiations
  • Demonstrated experience in: Contract development and risk management
  • Demonstrated experience in: Supplier and market analysis
  • Demonstrated experience in: Vendor performance management
  • Strong analytical and problem-solving skills
  • Effective negotiation and contract management capabilities
  • Ability to influence and collaborate across cross-functional teams
  • Strong communication and stakeholder management skills
  • Understanding of procurement governance, risk, and compliance frameworks

Nice To Haves

  • Experience in HR, Benefits, Talent, or IT categories preferred
  • Experience working in a complex, matrixed organization

Responsibilities

  • Leads complex sourcing engagements, including supplier identification, evaluation, selection, and negotiations.
  • Conducts supply market analysis and leverages industry trends to inform category strategies and sourcing decisions.
  • Partners with business stakeholders, legal, and risk to execute sourcing initiatives and resolve escalations.
  • Negotiates and interprets contract terms, ensuring risk mitigation and clear communication of obligations.
  • Ensures adherence to sourcing governance, policies, and procedures; educates stakeholders on sourcing best practices.
  • Maintains sourcing and contract data in enterprise systems to support reporting and transparency.
  • Manages relationships with key vendors, serving as a primary point of contact for performance and issue resolution.
  • Monitors vendor performance against contractual commitments and service expectations; recommends improvements as needed.
  • Performs vendor analysis, pricing evaluations, and invoice reviews to ensure value realization and contract compliance.
  • Supports development and execution of RFPs, including proposal evaluation and vendor selection.
  • Resolves vendor-related issues and contributes to continuous improvement of vendor management practices.

Benefits

  • Vanguard is not offering visa sponsorship for this position.
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