**Business Title:** **Senior Manager, Strategic Sourcing****Position Summary**The Senior Manager, Strategic Sourcing leads end-to-end strategic sourcing initiatives across assigned categories, with a strong focus on technology (software, SaaS, IT services) and professional services. This role applies a disciplined 5–7 step strategic sourcing methodology to drive value from intake and requirements definition through supplier identification and award recommendation. The role emphasizes fact-based sourcing and negotiation practices, leveraging market benchmarking, proposal and bid analysis, and white-sheeting / should-cost modeling to inform negotiation strategy and commercial decision-making. The Senior Manager partners closely with business leaders, Finance, Legal, and IT to ensure sourcing decisions deliver measurable savings, and optimized commercial outcomes, aligned to enterprise standards. **Essential Job Responsibilities****Strategic Sourcing Execution*** Lead end-to-end strategic sourcing initiatives using a structured 5–7 step sourcing methodology, including timely engagement assessment at intake to clearly define requirements (deal summary as an output), conduct market assessment and/or internal benchmarking, sourcing strategy development, competitive event execution, negotiation, and award recommendation.* Develop and execute category sourcing strategies aligned with business priorities for assigned category/ies, spend profiles, financial objectives, aligned to enterprise procurement standards practices and policies.* Translate business requirements into sourcing strategies that balance cost, risk, speed, and value. **Market Analysis, Benchmarking & Cost Modeling*** Conduct market analysis and/or internal benchmarking, and supplier landscape assessments to understand cost drivers, pricing models, market maturity, and leverage opportunities.* Perform benchmarking to assess pricing competitiveness, rate card and/or threshold standards, commercial terms, and total cost of ownership.* Develop and apply white-sheeting and should-cost models to: + Decompose supplier pricing and cost structures + Validate proposals and bids + Identify negotiation opportunities and cost reduction levers* Use benchmarks and cost models as key inputs to negotiation strategies and executive recommendations. **Competitive Bidding & Proposal Analysis*** Design and manage competitive sourcing events, including RFPs, RFIs, and RFQs.* Lead proposal and bid analysis, including pricing comparisons, scenario analysis, and evaluation of commercial trade‐offs.* Ensure sourcing decisions are data driven, defensible, and aligned to sourcing objectives and documentable (as evidence-of). **Negotiation Strategy & Execution*** Develop negotiation strategies and playbooks informed by market intelligence, benchmarks, should-cost analysis, and business priorities.* Lead and execute complex commercial and contractual negotiations in partnership with Legal and business stakeholders.* Drive consistent negotiation outcomes through structured preparation, leverage analysis, and scenario planning. **Financial Alignment & Value Realization*** Partner with Finance to support ROI analysis, TCO impact modeling, and business case development for new investments, renewals, and recurring spend at required spend thresholds.* Quantify and track sourcing value, including savings, cost avoidance, and commercial improvements.* Prepare executive ready sourcing recommendations and deal engagement summaries supported by financial rationale, benchmarks, cost models, and risk considerations. **Standards & Continuous Improvement*** Determine, with business stakeholders, when competitive sourcing is required, and manage approved exception scenarios using documented rationale and benchmarking.* Support audits and governance reviews by maintaining sourcing documentation, cost models, and negotiation artifacts.* Drive continuous improvement of sourcing methodologies, templates, analytical tools, and negotiation playbooks as a part of Sourcing Working Groups and/or other required initiatives.* Partner with procurement managers, associates, and analysts to drive sourcing rigor and best practices. **Expected Education & Experience*** Bachelor’s degree in Procurement, Finance, Business, or a related field (preferred).* 10+ years of progressive experience in strategic sourcing and procurement, ideally within technology, and general professional services categories.* Demonstrated success leading high value sourcing initiatives, complex negotiations, and cost modeling exercises.* Strong financial, analytical, and commercial acumen.* Advanced knowledge of cost structures, pricing models, contracts, and category economics.* Experience with sourcing tools, procurement systems, and analytics platforms.* Deep expertise in strategic sourcing methodologies (5–7 step process)* Advanced capability in market benchmarking, white-sheeting, and should-cost modeling* Strong negotiation strategy development and execution skills* Excellence proficiency in proposal and bid analysis* Strong stakeholder management and leadership communication skills* Strong project management, analytical, problem solving and critical thinking skills***Expected Compensation***$113,000 - $193,000