Strategic Sourcing & Vendor Management Specialist
4 days ago• Malvern, PA
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.
Key Responsibilities
Strategic Sourcing (Primary Focus - ~75%)
- 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.
Vendor Management (Secondary Focus - ~25%)
- 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.
Qualifications
- 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
- Contract development and risk management
- Supplier and market analysis
- Vendor performance management
Knowledge, Skills, and Abilities
- 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
Competencies
- Strategic Thinking
- Business Acumen
- Relationship Management
- Decision Making
- Risk Awareness
Additional Information
- Experience in HR, Benefits, Talent, or IT categories preferred
- Experience working in a complex, matrixed organization
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
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Client-provided location(s): Malvern, PA
Job ID: Vanguard-178575
Employment Type: FULL_TIME
Posted: 2026-06-10T20:26:57
Perks and Benefits
Health and Wellness
- FSA
- HSA
- Health Reimbursement Account
- Fitness Subsidies
- On-Site Gym
- HSA With Employer Contribution
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Mental Health Benefits
- Virtual Fitness Classes
- Pet Insurance
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Hybrid Work Opportunities
Office Life and Perks
- Company Outings
- Commuter Benefits Program
- Casual Dress
- Happy Hours
- Snacks
- Some Meals Provided
- On-Site Cafeteria
Vacation and Time Off
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Volunteer Time Off
- Leave of Absence
Financial and Retirement
- Relocation Assistance
- Performance Bonus
- 401(K) With Company Matching
- 401(K)
- Financial Counseling
- Profit Sharing
Professional Development
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Tuition Reimbursement
- Internship Program
- Lunch and Learns
- Leadership Training Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
Company Videos
Hear directly from employees about what it is like to work at Vanguard.