Senior Strategic IT Sourcing Analyst

This is a fully remote position, open to applicants in Florida.

📋 Description

• Oversee and monitor vendor renewals as well as contract expiration dates.

• Lead negotiations with a focus on pricing, discounts, rate adjustments, payment conditions, and other business terms.

• Assess SOWs, order forms, MSAs, amendments, quotes, rate cards, and renewal proposals.

• Coordinate RFP/RFQ/RFI processes across IT and various business units.

• Act as the main contact for vendor interactions and evaluations.

• Conduct comparative analyses of supplier proposals, purchasing alternatives, total contract values, and potential cost-saving opportunities.

• Formulate sourcing and negotiation strategies based on pricing, proposals, expenditure data, and market analyses.

• Collaborate with Legal, Information Security, Finance, Privacy, Risk Management, and business owners for review processes.

• Manage the routing of agreements through Docusign for contract finalization.

• Work with executive-level stakeholders to prepare comprehensive comparisons, sourcing summaries, recommendations, and decision-making materials.

• Utilize Oracle for issuing purchase orders and conducting related purchasing tasks.

• Identify and assist in resolving discrepancies among invoices, quotes, purchase orders, and contract terms.

• Keep detailed records of vendors, contracts, renewals, pricing, and sourcing activities.

• Monitor vendor deliverables and obligations as per contracts.

• Assess opportunities for vendor consolidation, cost optimization, and strategic sourcing.

• Manage multiple projects simultaneously, prioritize tasks effectively, and work with minimal guidance.

• Carry out other reasonable tasks as assigned by management.

⛳️ Requirements

• 5-8 years of relevant experience in strategic sourcing, vendor management, procurement, contract coordination, or a related corporate setting.

• Proven experience in supporting vendor negotiations, sourcing events, renewals, pricing analysis, and contract lifecycle management.

• Familiarity with using Oracle for purchase order issuance and related purchasing functions.

• Strong communication skills to effectively engage with executive-level stakeholders and present sourcing and commercial information in a clear manner.

• Proficient in Excel and the Microsoft Office Suite.

• Excellent verbal and written communication, organizational, analytical, and numerical abilities.

• Capacity to manage multiple priorities while ensuring accuracy with minimal supervision.

• High school diploma or GED required.

• Experience in sourcing software, technology, professional services, or other complex categories.

• Experience in reviewing SOWs, order forms, MSAs, amendments, and supplier proposals from both business and commercial viewpoints.

• Experience in preparing executive-ready supplier comparisons, spend analyses, dashboards, and sourcing recommendations.

• A Bachelor's degree is a plus.

🏝️ Benefits

• A collaborative environment that fosters meaningful business and technology initiatives.

• Exposure to strategic sourcing, vendor negotiations, contracting, and cross-functional decision-making processes.

• Collaboration with stakeholders across IT, Finance, Legal, Security, Privacy, Risk, and business units.

• Experience with diverse vendor relationships and sourcing projects that have organization-wide visibility.

• Opportunities to enhance processes, implement automation, and influence Vendor Management support initiatives.