Sr. Strategic Sourcing Analyst - IT Procurement

Description & Requirements

The Sr.

Strategic Sourcing Analyst - IT PROCUREMENT will play a crucial role in supporting enterprise-wide procurement initiatives, working closely with the Sr Director of Strategic Sourcing.

Additionally, you will actively collaborate with the Procurement Team to successfully complete projects.

This includes direct interaction with information technology related suppliers, handling quotes, bids, scheduling, and guiding vendors through the internal process.

You will also engage directly with high-level business stakeholders.

Essential Duties and Responsibilities:

- Lead the development and implementation of advanced sourcing and category management strategies through the RFx process.

- Oversee the negotiation and development of contracts with new suppliers and/or renegotiate existing contracts to achieve the lowest total system cost and strategic savings objectives.

- Direct the creation of cost estimates and expenditure forecasts related to the company's procurement activities.

- Assess and refine sourcing procedures, presenting strategic improvement plans to senior management for approval.

- Manage and oversee the request for proposal (RFP) process for assigned categories or sourcing engagements.

- Formulate and execute strategies to enhance the enterprise's cost structure.

- Drive optimization of external spending through proactive involvement in the sourcing life cycle, fostering strong partnerships with business stakeholders.

- Identify and leverage opportunities to aggregate enterprise demand to maximize value.

- Exhibit exceptional business judgment, integrity, financial acumen, and project management skills.

- Analyze supplier core competencies and competitive positioning using industry cost models, and lead the implementation of supplier agreements by collaborating with cross-functional stakeholders and suppliers to finalize contract terms and conditions.

- Deliver and manage the request for proposal (RFP) process for those categories or sourcing engagements that they manage

- Optimize external spending through early involvement in the sourcing life cycle developed through a strong partnership with business stakeholders

- Demonstrate strong business judgment, integrity, financial acumen and project management skills

- Have knowledge of category management practices, experience in negotiating complex contracts/agreements, vendor management skills and demonstrated expertise within key IT areas, such as SaaS, Telco, Network and other IT services (professional services/labor), and enterprise applications, and/or indirect spend

- Evaluates supplier core competencies and competitive positioning using industry cost models and implements supplier agreements by working with cross-functional stakeholders and suppliers to reach an agreement on contract terms and conditions

- Responsible for analyzing procurement expenditures by sourcing strategic supply partners, developing sourcing policies, and crea...