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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.