Professional Services Category & Sourcing Lead
Client: State Street
Work Model: Hybrid, ideally 1 day per week onsite
Duration: 6-12 months, with strong extension potential and possible conversion
Pay: $75-$80/hr, with some flexibility
Employment: W2
About the Role
The Planet Group is seeking an experienced Professional Services Category & Sourcing Lead to join its Global Procurement Services organization.
This is a highly hands-on sourcing role, with approximately 80-90% of the position focused on sourcing execution. The successful candidate will manage multiple Professional Services sourcing engagements across Consulting, Marketing, HR, and Legal, with responsibility for contract review and redlining, RFx processes, supplier negotiations, category strategy, and stakeholder management.
This is not a traditional project management or people-management position. The ideal candidate is an experienced sourcing professional who is comfortable personally executing complex sourcing deals in a fast-paced, highly regulated global environment.
Key Responsibilities
- Lead end-to-end sourcing initiatives across Consulting, Marketing, HR, Legal, and other Professional Services categories
- Review and redline contracts, NDAs, SOWs, commercial terms, pricing, and deliverables
- Manage RFIs, RFPs, RFQs, competitive bids, and direct supplier negotiations
- Negotiate complex Professional Services agreements, including deals ranging up to $50M
- Manage multiple sourcing requests simultaneously, potentially 30-45 active sourcing tickets
- Support preferred supplier programs, rate cards, pricing structures, discounts, and buying channels
- Partner with Legal, Risk, Compliance, and global business stakeholders
- Drive cost savings, cost avoidance, and procurement value
- Support Professional Services category strategy development and execution
- Conduct supplier/spend analysis and identify future sourcing opportunities
- Maintain strong relationships with stakeholders across the US, Europe, India, and other global markets
Required Qualifications
- 10+ years of strategic sourcing and procurement experience
- Strong experience sourcing Professional Services
- Expertise in at least one or more of the following categories:
- Consulting
- Marketing
- HR
- Legal
- Strong hands-on experience with contract review and redlining
- Experience reviewing and negotiating SOWs, NDAs, commercial terms, rate cards, and supplier agreements
- Proven experience leading RFP/RFx processes and direct supplier negotiations
- Demonstrated ability to manage multiple sourcing engagements simultaneously
- Strong commercial negotiation and stakeholder management skills
- Experience working within a large, complex global enterprise
- Ability to work independently and remain hands-on with day-to-day sourcing execution
Preferred Qualifications
- Marketing sourcing experience is highly desirable
- Consulting / Professional Services sourcing experience
- Global sourcing and supplier management experience
- Financial Services, Banking, Asset Management, or Capital Markets experience
- Experience within another highly regulated industry, such as Pharma, also welcomed
- Experience developing and executing Professional Services category strategies
- Strong spend analysis, savings identification, and procurement governance experience
Location
- Strong preference for candidates in the Boston/Quincy area who can be onsite approximately 1 day per week. Candidates should be comfortable supporting US business hours and working with a globally distributed team.