IT Strategic Sourcing Procurement Specialist

Request Technology, LLC; Chicago (IL); On-site; USD 75,000 - 95,000; Full time

Benefits offered by this job

Bonus eligibility

Job summary

A prestigious financial company seeks an IT Strategic Sourcing Procurement Specialist to manage vendor communications and lead sourcing programs. The ideal candidate will possess a Bachelor’s degree in business or a related field, has experience in vendor management, and is knowledgeable about the IT market. Responsibilities include leading cost-optimization efforts and negotiating contracts. This role offers a permanent full-time position without sponsorship and includes bonus eligibility.

Qualifications

• Demonstrates accountability and collaborates with stakeholders.
• Develops strong relationships across IT and business unit stakeholders.
• Current knowledge of the global IT product and service market and trends.
• Understands relationships with vendors.
• Process-oriented and results-focused.

Responsibilities

• Lead major sourcing programs with IT and business stakeholders.
• Identify cost-optimization opportunities globally.
• Engage businesses to align sourcing strategies with drivers.
• Negotiate IT contracts and manage vendor interactions.
• Oversee purchase order process for timely deliveries.

Skills

Accountability

Collaboration

Relationship management

Knowledge of IT market trends

Contractual understanding

Process orientation

Results focus

Stakeholder collaboration

Education

Bachelor’s degree in business management or related field

CPSM, CPSD, CIPS qualification or similar

Job description

We are unable to sponsor this permanent full-time role. Position is bonus eligible.

Prestigious Financial Company is currently seeking a IT Strategic Sourcing Procurement Specialist. Candidate will manage the communication process with vendors, including what information should be communicated, when and by whom, to ensure that appropriate leverage is preserved.

Responsibilities

• Work closely with stakeholders (IT, business, vendor management) to lead major sourcing programs.
• Identify cost-optimization opportunities across the company/global and present a concise business case/plan to stakeholders.
• Identify and evaluate the best options for solutions, which may include acquisition of IT products, outsourcing or insourcing, or other alternatives such as co-creation, joint ventures, brokering vendor partnerships or potential IT acquisitions.
• Engage the business to understand business drivers, demand, risk appetite and sustainability factors that influence the development and maintenance of the IT sourcing strategy.
• Provide proactive, high-value procurement and contract negotiation consultation to the business through thorough understanding of the business needs.
• Lead the negotiation strategy and negotiation team for IT contracts.
• Manage purchase order process to ensure timely delivery of all required IT items.

Qualifications

• Demonstrates accountability.
• Collaborates with stakeholders.
• Develops strong relationships across IT, business unit stakeholder groups and vendors.
• Current knowledge of the global IT product and service market and trends.
• Understands contractual, commercial and operational working relationships with vendors.
• Process-oriented
• Results focused
• Collaborative relationships with stakeholders.
• Bachelor’s degree in business management, supply chain, information technology or a related field, or an equivalent combination of experience, skills, training and education.
• Certified Professional in Supply Management (CPSM), Certified Professional in Supplier Diversity (CPSD), Chartered Institute of Procurement and Supply (CIPS) qualification or Member of the Chartered Institute of Procurement and Supply (MCIPS) is a plus.
• IT sourcing and/or procurement and/or vendor management experience.
• Other functional experience particularly in IT, business strategy, business analysis or finance is an advantage.
• Strong ability to translate stakeholder requirements into IT sourcing practices and business outcomes.
• Experience managing vendor interactions.