Strategic Sourcing Lead – Procurement & Contract Negotiation (Hybrid)

Confidential Recruiting Partners

Dearborn (MI)

Hybrid

USD 110,000 - 150,000

Full time

3 days ago
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Benefits offered by this job

401(k)
Medical, Dental and Vision

Job summary

Confidential Recruiting Partners in Michigan seeks an experienced Purchasing Lead to oversee strategic sourcing across indirect spend categories such as technology, software, marketing, and professional services. You will drive end-to-end sourcing, supplier selection, contract negotiations, and cost optimization while partnering with stakeholders.

The ideal candidate has strong background in strategic sourcing, commercial negotiations, supplier management, and financial analysis, with ability to

Qualifications

  • 5+ years of contract negotiation experience.
  • Advanced proficiency in Microsoft Excel, Word, and PowerPoint.
  • Experience leading supplier selection processes, RFPs/RFQs, and competitive sourcing events.
  • Experience with contract management systems, procurement platforms, and ERP systems.
  • Strong communication and presentation skills with the ability to influence stakeholders at multiple organizational levels.
  • 5+ years of strategic sourcing experience involving technology, software, marketing, advertising, consulting, professional services, or similar indirect spend categories.

Responsibilities

  • Identify opportunities for cost reduction, cost avoidance, and process improvement.
  • Lead strategic sourcing initiatives from opportunity identification through contract execution.
  • Conduct supplier evaluations, competitive bidding events, and supplier selection processes.
  • Negotiate commercial terms, pricing structures, service agreements, and contractual provisions.
  • Perform Total Cost of Ownership (TCO) and financial analyses to support sourcing recommendations.
  • Contribute to the development and enhancement of procurement policies, procedures, and best practices.
  • Leverage emerging technologies and AI-enabled tools to improve sourcing efficiency and decision-making.
  • Support supplier due diligence activities, including financial, operational, security, and compliance reviews.
  • Monitor market conditions and industry trends to ensure sourcing strategies remain competitive and effective.
  • Utilize contract management and procurement systems to manage sourcing workflows and contract lifecycle activities.
  • Present sourcing recommendations, financial analyses, supplier assessments, and business cases to senior leadership.
  • Build and maintain strong relationships with internal stakeholders, suppliers, legal teams, finance partners, and business leaders.
  • Develop and execute sourcing strategies that support business objectives, cost savings initiatives, and risk management goals.
  • Manage sourcing activities for technology, software, marketing, advertising, consulting, professional services, and other indirect spend categories.

Skills

Contract negotiation
Strategic sourcing
Financial analysis
Stakeholder influence
Supplier relationship
Presentation skills
Data-driven decisions

Education

Bachelor's degree

Tools

ERP systems
Procurement platforms
Contract management systems

Job description

Our client is seeking an experienced Purchasing Leadto oversee strategic sourcing initiatives across a variety of indirect spend categories, including technology, software, marketing, professional services, and business operations. This individual will drive end-to-end sourcing activities, supplier selection, contract negotiations, cost optimization efforts, and risk mitigation strategies while partnering closely with business stakeholders throughout the organization.

The ideal candidate brings a strong background in strategic sourcing, commercial negotiations, supplier management, and financial analysis, with the ability to influence decision-making at senior leadership levels.

No Visa Sponsorship | No Relocation Assistance

Work Model: Hybrid (3 days onsite / 2 days remote; Tuesday-Thursday in office)

Responsibilities:
  • Identify opportunities for cost reduction, cost avoidance, and process improvement.
  • Lead strategic sourcing initiatives from opportunity identification through contract execution.
  • Conduct supplier evaluations, competitive bidding events, and supplier selection processes.
  • Negotiate commercial terms, pricing structures, service agreements, and contractual provisions.
  • Perform Total Cost of Ownership (TCO) and financial analyses to support sourcing recommendations.
  • Contribute to the development and enhancement of procurement policies, procedures, and best practices.
  • Leverage emerging technologies and AI-enabled tools to improve sourcing efficiency and decision-making.
  • Support supplier due diligence activities, including financial, operational, security, and compliance reviews.
  • Monitor market conditions and industry trends to ensure sourcing strategies remain competitive and effective.
  • Utilize contract management and procurement systems to manage sourcing workflows and contract lifecycle activities.
  • Present sourcing recommendations, financial analyses, supplier assessments, and business cases to senior leadership.
  • Build and maintain strong relationships with internal stakeholders, suppliers, legal teams, finance partners, and business leaders.
  • Develop and execute sourcing strategies that support business objectives, cost savings initiatives, and risk management goals.
  • Manage sourcing activities for technology, software, marketing, advertising, consulting, professional services, and other indirect spend categories.
Qualifications (Must-Haves)
  • 5+ years of contract negotiation experience.
  • Advanced proficiency in Microsoft Excel, Word, and PowerPoint.
  • Bachelor's degree in Business, Supply Chain, Finance, Procurement, or a related field.
  • Experience leading supplier selection processes, RFPs/RFQs, and competitive sourcing events.
  • Experience working with contract management systems, procurement platforms, and ERP systems.
  • Strong understanding of commercial contracts, terms and conditions, and supplier risk management.
  • Experience conducting financial analyses, cost modeling, and Total Cost of Ownership (TCO) evaluations.
  • Strong communication and presentation skills with the ability to influence stakeholders at multiple organizational levels.
  • 5+ years of strategic sourcing experience involving technology, software, marketing, advertising, consulting, professional services, or similar indirect spend categories.
Preferred Skills:
  • MBA or Finance-related degree.
  • Familiarity with contract lifecycle management and sourcing workflow tools.Experience developing sourcing methodologies and procurement best practices.
  • Experience utilizing AI-enabled tools to improve procurement and sourcing processes.
  • Experience supporting technology, software, digital marketing, advertising, or professional services categories.
Benefits & Perks:
  • 401(k)
  • Medical, Dental and Vision
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