Strategic Sourcing Specialist

This is a fully remote position, open to applicants in Illinois, +3 more states.

📋 Description

• Oversee and carry out simultaneous RFP, RFI, and RFQ processes, from the development of strategies to the selection of suppliers.

• Create tender documentation, establish scopes of work, define evaluation criteria, and develop commercial frameworks.

• Organize supplier briefings, manage Q&A sessions, conduct proposal evaluations, and provide recommendations for selection.

• Perform bid evaluations utilizing total cost of ownership modeling, risk assessments, and capability scoring.

• Handle tight RFx timelines during client transitions.

• Conduct sourcing projects, including due diligence, market analysis, and assessments of supplier capabilities.

• Implement sourcing solutions from the contract award stage through operational delivery and ensure day-one readiness.

• Collaborate on sourcing activities with Transition Leads.

• Lead the drafting, negotiation, and finalization of vendor contracts.

• Work alongside Legal & Risk teams to ensure compliance and manage contractual terms.

• Negotiate commercial terms and establish service level agreements.

• Collect market intelligence and assess supplier capabilities, pricing trends, and service delivery models.

• Present analysis to Supply Chain and business stakeholders.

• Analyze complex data sets, engage in financial modeling, cost analysis, and benchmarking.

• Identify, quantify, track, and report on cost savings.

• Monitor supplier performance and key project milestones.

• Provide regular sourcing updates to Transition Leads and sourcing leaders.

• Maintain documentation and metrics to ensure transition success and promote continuous improvement.

• Coordinate deliverables among stakeholders to adhere to transition timelines and meet day-one readiness objectives.

⛳️ Requirements

• A Bachelor's degree (BA/BS) from an accredited four-year college or university.

• A minimum of 3 years of strategic sourcing experience, showcasing expertise in competitive sourcing processes and substantial hands-on management of RFx events (RFP/RFQ/RFI) from strategy development to supplier award.

• A proven history of executing comprehensive RFx campaigns and overseeing multiple concurrent competitive sourcing initiatives.

• Strong technical knowledge of RFx methodologies and best practices, tender documentation, supplier evaluation frameworks, scoring models, and award recommendations.

• Experience in developing contract frameworks, including statements of work, service schedules, and pricing structures.

• Excellent negotiation skills with a successful track record of securing advantageous vendor agreements.

• Capability to manage intricate project timelines and coordinate deliverables with various stakeholders under tight deadlines.

• Self-driven and able to lead initiatives autonomously.

• Outstanding analytical, interpersonal, and communication abilities.

• Proficient in MS Office, with advanced skills in Excel for financial modeling and data analysis, as well as strong PowerPoint capabilities.

• Must have authorization to work in the United States without requiring visa sponsorship.

🏝️ Benefits

• 401(k) plan with matching contributions from the company.

• Comprehensive Medical, Dental & Vision Care coverage.

• Paid parental leave at 100% of salary.

• Paid Time Off and Company Holidays.

• Early access to earned wages through Daily Pay.

• A supportive culture and an extensive benefits package that prioritizes mental, physical, and emotional well-being.