Strategic Sourcing Analyst

Strategic Sourcing Analyst at Motion Recruitment Strategic Sourcing Analyst at Motion Recruitment in Malvern, Pennsylvania Posted in 6 days ago.

Type:

full-time

Job Description:

Our client, one of the world's largest investment companies, is actively looking for a Strategic Sourcing Analyst to join their IT Sourcing team in Malvern, PA! The role is onsite hybrid 3 days a week so local candidates are required. •This is a 6 month initial contract with the opportunity to extend or convert•Responsibilities Owns pipeline of medium complexity IT sourcing engagements over $250k for assigned category. Supports Category Leads on high complexity engagements and assists them with requisition and purchase order creation from time to time. Performs rapid sourcing activities by ensuring the application of fair business practices and consistent procurement of products and services at the best execution and best price. Establishes effective negotiation plans and guides internal clients through contracting process. Shepherds engagements through the defined sourcing triage process, resolving issues and involving stakeholders as needed. Interfaces heavily with other Sourcing Operations teams (RFx, Contracting), business owners, and legal & risk partners as needed for each transaction. Ensures proper closure of transaction including: Successful handoff to Purchasing and Payables associates; Validation that supplier will comply with agreed-upon payment terms; Contracting team receives documents in good order for catalogue and storage. Partners with Category Leads to establish sourcing execution plans through but not limited to competitive bids, evaluation agreements, supplier consolidation and co-terming. Effectively partners with other Category Teams, Supplier Management, Vendor Management Offices, Internal Clients, and TPRM as needed. Engages with business requestor to identify requirements and formulate them into specific competitive bid documentation. Ownership of end-to-end competitive bidding process. Ensures the application of fair business practices of procuring Goods/Services. Continually examines ways to raise standards and improve process and procedures while improving the overall performance of ESM. Required Skills & Experience Undergraduate degree in business or related field preferred or equivalent combination of training and experience. 3-5 years of experience within strategic sourcing, procurement, or purchasing with contract negotiation experience. Experience managing a strategic book of business which includes engagement types, including (but not limited to), RFx, SOW's, HSO's, renewals and new deals. Proficiency with Microsoft Office. Excellent written and verbal communication skills.