Strategic Sourcing Analyst

Responsibilities:

• Lead end-to-end competitive sourcing events (RFI/RFP/RFQ), including development of materials, supplier engagement, and cross-functional evaluation processes
• Analyze supplier proposals and market data to drive fact-based sourcing decisions and value optimization
• Negotiate commercial terms, pricing, service levels, and contracts to deliver cost savings and favorable business outcomes
• Support contract lifecycle activities, including contract drafting, redlining, execution, renewals, and amendments
• Partner with legal and risk teams to support contract drafting, redlining, and governance requirements
• Collaborate with internal stakeholders (business teams, finance, IT, legal, risk) to translate requirements into sourcing strategies and aligned outcomes
• Act as a trusted advisor to stakeholders, providing insights on supplier capabilities, market trends, and sourcing approaches
• Facilitate cross-functional alignment throughout sourcing initiatives, ensuring transparency and informed decision-making
• Conduct supplier, spend, and market analysis to identify sourcing opportunities and recommendations
• Identify and implement opportunities for cost savings, efficiency improvements, and supplier consolidation
• Manage multiple sourcing initiatives simultaneously, ensuring timelines, deliverables, and stakeholder expectations are met
• Ensure sourcing and contracting activities comply with internal procurement policies, governance standards, and risk management requirements
• Participates in special projects and performs other duties as assigned

• 5 years or more of experience in strategic sourcing, supplier management, procurement, contract management, or a related business function.
• Undergraduate degree or equivalent combination of training and experience.
• Experience supporting or leading competitive sourcing events (RFI, RFP, RFQ) and supplier evaluations.
• Experience reviewing, negotiating, or administering supplier contracts and commercial terms.
• Strong analytical and problem-solving skills with the ability to evaluate supplier proposals, pricing models, and business requirements.
• Effective verbal and written communication skills with the ability to influence and collaborate across multiple stakeholder groups.
• Demonstrated ability to build relationships, communicate effectively with stakeholders at multiple levels of the organization, and navigate cross-functional decision-making processes.
• Strong organizational skills with the ability to manage multiple priorities and deadlines simultaneously.
• Proficiency in Microsoft Office applications, including Excel, PowerPoint, and Word.