Strategic IT Sourcing & Contracts Lead

Loews Hotels & Co; Nashville (TN); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health benefits

401(k) & company match

Paid time off (PTO)

Training & development

Tuition reimbursement

Pet insurance

Hotel staff rates

Job summary

Loews Hotels & Co, a leading owner and operator of luxury hotels, seeks a Sourcing Contract Manager in IT to lead sourcing in a multi-state environment. You will manage RFPs, negotiate terms, and deliver data-driven strategic sourcing insights across hardware, software, and services.

You will collaborate with Procurement, Legal, Finance, IT Governance, and Risk Management to ensure timely delivery and contractual compliance while building strong internal and external partnerships.

Qualifications

• Strong analytical, business process, and problem-solving skills.
• Proficient with technology systems such as spend analytics and e-procurement tools; Smartsheet.
• Advanced MS Excel, PowerPoint, and Word skills.
• Excellent written, verbal, and presentation communication abilities.
• Ability to conduct and interpret sourcing analyses and translate results into actionable recommendations.
• Strong relationship-building skills with suppliers and internal stakeholders.

Responsibilities

• Build/establish and maintain strong, collaborative relationships with financial, operational, and IT internal stakeholders to ensure complete understanding of the business needs and alignment in development and execution of sourcing initiatives.
• Build and maintain strategic supplier partnerships; hold suppliers accountable for meeting performance standards, ensuring quality, and delivery of contractual commitments.
• Conduct supplier quarterly performance reviews, bid evaluations, contract assessments, and comprehensive product evaluations to ensure alignment with quality, cost, and service expectations.
• Proactively assess sourcing opportunities by analyzing IT spend data, identifying category purchasing trends, evaluating market conditions, and reviewing expiring contracts to develop data-driven strategic sourcing recommendations.
• Leverage e-Business tools including RFP platforms, spend analytics, supplier intelligence, competitive bidding, and contract lifecycle management systems to drive sourcing efficiency and informed decision-making.
• Acquire and maintain a strong technical understanding of the services and products sourced to ensure informed decision-making and effective supplier management.
• Lead and execute sourcing, negotiation, and pricing strategies for multiple supplier agreements concurrently across national, multi-location, and single-property environments.
• Prepare and develop RFPs, identify and evaluate qualified suppliers in accordance with Loews standards, analyze and present vendor RFP responses to executive leadership, conduct strategic negotiations, and provide well-supported business case recommendations.
• Responsible for contract execution in coordination with Legal, Risk Management, and IT Governance, ensuring timely delivery of goods and services.
• Manages Information Technology (IT) service and supply contract renewals and terminations, ensuring optimal contract terms and coverage.
• Adhere to sourcing strategies by evaluating sourcing alternatives, identifying the optimal sourcing methodology, and establishing project plans and timelines to deliver effective value-driven sourcing solutions.
• Create comprehensive project plans, timelines, and key milestone benchmarks to ensure the timely and efficient execution of business needs.
• Read, interpret, have a clear understanding, and communicate technology contract terms.
• Identify, track, and report annual cost savings achieved against budget; prepare and present findings to the Associate Director, Hotel Acquisition & Operating Analytics & IT Leadership.
• Works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors.
• Provide regular status updates on all initiatives to the Associate Director, Hotel Acquisition & Operating Analytics and IT Leadership; proactively and promptly elevate issues and request support to resolve roadblocks to maintain momentum.
• Develop and deliver executive-level PowerPoint presentations to leadership, effectively communicating sourcing strategies, insights and outcomes.
• May be required to work varying schedules to reflect business needs.

Skills

Analytical thinking

Communication

Relationship building

MS Excel

PowerPoint

Word

Smartsheet

Sourcing/procurement

IT procurement

Tools

Smartsheet

RFP platforms

Job description

Loews Hotels & Co, a leading owner and operator of luxury hotels, seeks a Sourcing Contract Manager in IT to lead sourcing in a multi-state environment. You will manage RFPs, negotiate terms, and deliver data-driven strategic sourcing insights across hardware, software, and services.

You will collaborate with Procurement, Legal, Finance, IT Governance, and Risk Management to ensure timely delivery and contractual compliance while building strong internal and external partnerships.