Strategic Sourcing Manager (Procurement - IT Contracting)

Title : Strategic Sourcing Manager (Procurement - IT Contracting)

Location : Merrifield, VA - 22119

Duration : 6 months assignment with the possibility of extension

Job Description :

• Position is hybrid based out of HQ, 2-3 days a week.
• Responsible for the development and execution of sourcing strategies that support Client strategic vision and goals and to support efficient business operations.
• Individuals in this role will effect change and drive change management for new methodologies, solutions and approaches to sourcing and technology within Client.
• Individuals in this role will generate high-quality work product and strategize vendor approach in a collaborative manner to support cost savings with beneficial contractual terms that effectively manage risk.
• The SSM leverages best in class practices and sound sourcing processes that drive reliable and innovative Total Cost of Ownership initiatives.

Responsibilities :

• Collaborate with partners to align sourcing priorities, source selection, conduct market research, mitigate issues and add value through insights
• Preparation, issuance and management of a RFP's / RFIs
• Build and maintain relationships with lines of business, team members, management, key stakeholders and external contacts (e.g., vendors, etc.)
• Identify and work collaboratively with the client and other stakeholder groups (Operations, PVM, EPMO, OGC, Information Security, etc.

to achieve objectives and ensure alignment with Client's strategy and business operations

• Drive partner satisfaction by learning and understanding partner needs, being responsive to issues, integrating partners into procurement / sourcing processes and building relationships with key stakeholders
• Collaboratively work with cross functional teams to develop business unit requirements and Statement of Works
• Manage a competitive RFP process that is standardized with consistent language, evaluation criteri
• Participates in collaborative handoffs with PVM staff to ensure effectively negotiated contracts that meet desirable financial terms and conditions
• dminister Non-disclosure agreements, Risk Assessments and the supplier due diligence process in collaboration with P&VM Risk team
• Support P&VM contracts teams in negotiating MSAs and other agreements
• Support periodic performance review meetings with vendors
• Provide regular feedback on supplier performance
• nalyze business unit requirements for leveraging opportunities, supplier recommendations, acquisition planning
• Consult with business unit partners to provide sourcing strategy advice to maximize favorable results and support client strategy and goals
• Lead source selection activities of pre-qualified vendors, including conducting market analysis to determine potential sources
• Obtain and analyze vendor performance and delivery data for to ensure quality, consistency, and fairness to inform sourcing activities
• Maintain vendor related documentation, including source selection records, supplier performance information, compliance metrics, and value capture results
• bility to develop the overall strategy for a product category and researches new product options in the category to drive TCO savings and achieve targets
• Provide Category insight by analyzing market data and monitoring relevant market conditions
• Perform other related duties as assigned or appropriate Qualifications and Education Requirements :
• Bachelor's Degree in Business Administration or a related field, or the equivalent combination of education, training, and experience
• Significant experience in preparing and reviewing RFPs, RFIs, SOWs
• Significant experience in IT strategic sourcing, category management, subcontracts management or procurement
• Significant experience in managing a formalized process of selecting, monitoring and evaluating IT vendors / vendor contracts
• dvanced skill translating business goals and objectives into IT capabilities
• Significant experience developing, negotiating, and managing service level agreements
• dvanced skill exercising initiative and using good judgment to make sound decisions
• dvanced skill resolving conflicting requests and meeting changing requirements managing multiple priorities independently and / or in a team environment to achieve goals
• dvanced skill communicating complex processes to senior leadership, strong presentations skills
• dvanced skill relationship building, negotiation and facilitation skills
• Strong Data Analytics and data manipulation skills
• Significant experience with change management and organizational transformation
• Working knowledge of procedures or strategic sourcing experience in financial services
• 7+ years procurement experience
30+ days ago