IT Contracts and Sourcing Specialist
Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys.
Lincoln is recognized as the Welding Expert for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world.
Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ : LECO) with over 11,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.
Location : Euclid - 22801 - Cleveland , OH , United States (US)
Employment Status : Salary Full-Time
Function : Information Technology
Req ID : 24641
Summary
Lincoln Electric is seeking an IT Sourcing Specialist for our global operations. As a IT Sourcing Specialist, you will be responsible for delivering sourcing, contracting and vendor management services for IT products and services which align with Lincoln Electric's requirements and support growth, productivity, profitability and customer satisfaction.
You will collaborate with cross-functional teams to ensure optimal outcomes and drive continuous improvement. You will be part of a matrixed, center-led procurement organization whose vision / mission is to be a world-class procurement organization which delivers high quality products and services on-time, at the optimal cost, the right way .
This position can be remote. However, quarterly trips to our Euclid, OH global headquarters will be required
In addition to competitive pay, Lincoln Electric offers a lucrative profit-sharing / bonus plan, student loan repayment program PLUS tuition reimbursement, medical / dental / vision, paid time off and many more outstanding benefits!
What You Will Do :
- Contribute to the development and execution of a global IT sourcing plan and / or strategy, aligned with business objectives and priorities.
- Lead and manage cross-functional teams to plan and execute sourcing initiatives designed to arrive at optimal vendor, solution and contractual outcomes.
- Negotiate and manage comprehensive contracts, as assigned, ensuring compliance with all applicable regulations and standards.
- Establish and manage relationships with assigned IT vendors and business partners, ensuring optimal service, delivery, value and compliance with contract terms.
- Leverage appropriate sourcing and procurement tools / resources to identify suitable vendors and improve cost / value position.
- Analyze spend data and identify opportunities for cost savings.
- Work with legal to ensure appropriate legal protections are included in contracts.
- Leverage risk management tools and processes to assess and mitigate vendor risk.
- Contribute to IT sourcing performance metrics goals, including cost savings / avoidance, quality and delivery.
- Keep abreast of industry trends and best practices in IT sourcing, and apply relevant insights and knowledge to improve IT sourcing processes and outcomes.
- Assumes additional responsibilities as needed or directed in support of the Company’s 2025 Strategy.
Who You Are :
- Entrepreneurial Spirit - Flexible and pro-active problem solver willing to plan and adjust with a growing company.
- Excellent negotiation, communication, and interpersonal skills, with the ability to collaborate effectively within and outside of IT with various levels of stakeholders
- Comfortable being a champion for change demonstrated by proactively implementing and practicing change management and continuous improvement.
- Driven to pursue excellence.
- Comfortable in a fast-paced, dynamic, and changing environment. Passionate about building new capabilities.
- Ability to manage and prioritize multiple projects, contract negotiations and other tasks.
- Strong analytical and problem-solving skills
Required Experience & Education
- Bachelor's degree in business, Marketing, Supply Chain or a related field preferred. Sourcing certifications, encouraged.
- 10 years of experience in sourcing, contracting and / or vendor management, preferably in manufacturing and / or distribution with a proven track record of success.
- Experience navigating IT systems (ERP, WMS, TMS) including eRFx, eAuction, PO to invoice, etc.
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