IT Sourcing Subject Matter Expert (SME)
NexTech Solutions · Memphis, TN · Yesterday
On-siteInformation TechnologyContract
Key Responsibilities
- Lead strategic IT sourcing initiatives from planning and due diligence through contract execution and ongoing supplier governance.
- Develop sourcing strategies that optimize cost, value, quality, and supplier performance.
- Manage complex sourcing events, including RFP development, vendor evaluations, and supplier selection.
- Conduct spend analysis to identify cost savings and sourcing optimization opportunities.
- Negotiate technology contracts, including contract redlining and commercial terms, while collaborating with legal teams.
- Ensure sourcing activities comply with organizational procurement policies and contracting standards.
- Serve as the primary sourcing advisor for assigned business units.
- Build and maintain strong relationships with technology vendors and internal stakeholders.
- Monitor supplier financial health, market trends, and performance to identify potential risks and develop mitigation strategies.
- Review existing supplier agreements to optimize pricing, service levels, contract utilization, and overall value.
- Partner with cross-functional subject matter experts to gather business requirements and support sourcing initiatives.
- Maintain strict confidentiality regarding budgets, contract terms, and sensitive business information.
- Drive continuous improvement in supplier performance, service quality, and sourcing processes.
Required Qualifications
- 3+ years of experience in IT sourcing, strategic sourcing, procurement, or vendor management.
- Demonstrated experience leading complex sourcing initiatives and RFP processes.
- Strong IT contract negotiation experience, including contract redlining.
- Experience negotiating and managing technology vendor agreements.
- Strong understanding of sourcing methodologies, supplier management, and procurement best practices.
- Excellent written and verbal communication skills with the ability to communicate complex contractual and business information clearly.
- Strong analytical, organizational, and problem-solving skills.
- Able to collaborate effectively with business leaders, legal teams, and cross-functional stakeholders.
- Experience analyzing supplier performance, contract utilization, and sourcing opportunities.
Preferred Qualifications
- Experience supporting enterprise-level sourcing or procurement transformation initiatives.
- Experience developing supplier governance and supplier relationship management programs.
- Knowledge of technology procurement and enterprise vendor management practices.