Strategic Sourcing Lead: AI-Driven Value

Principal Financial Group; Des Moines (IA); Hybrid; USD 127,000 - 160,000; Full time

Benefits offered by this job

Hybrid work arrangement

Pension eligible

Job summary

Principal Financial Group is seeking a Lead Sourcing Consultant to shape and lead strategic sourcing initiatives across the enterprise. You will partner with business leaders to define strategies, drive cost savings, and elevate supplier performance through data-driven decisions and AI-enabled tooling.

The role demands strong negotiation, cross-functional collaboration, and a proven track record in delivering measurable value through complex sourcing programs.

Qualifications

• 8+ years of experience in strategic sourcing, supply chain, or procurement.
• Ability to lead complex sourcing initiatives and align with business priorities.
• Strong negotiation and supplier management skills.

Responsibilities

• Lead strategic sourcing initiatives aligned to business priorities with stakeholders.
• Develop and execute sourcing strategies balancing cost, risk, and value.
• Manage relationships with key business partners and act as a trusted advisor.
• Apply market insights, supplier strategies, and best practices in sourcing.
• Drive cost savings, process improvements, and supplier performance.
• Leverage AI tools to improve efficiency and decision-making in sourcing.

Skills

Strategic sourcing

Vendor management

Negotiation

Stakeholder management

Data-driven decisions

AI tools

Sourcing fundamentals

Financial acumen

Education

Bachelor's degree in supply chain or related field

Tools

ERP systems

Job description

Principal Financial Group is seeking a Lead Sourcing Consultant to shape and lead strategic sourcing initiatives across the enterprise. You will partner with business leaders to define strategies, drive cost savings, and elevate supplier performance through data-driven decisions and AI-enabled tooling.

The role demands strong negotiation, cross-functional collaboration, and a proven track record in delivering measurable value through complex sourcing programs.