Procurement & Sourcing Operations Analyst, Specialist

About the role

The Sourcing Operations Analyst, Specialist is responsible for developing and executing sourcing strategies that deliver value, cost savings, and risk mitigation across assigned categories. This role partners with cross-functional stakeholders to lead competitive sourcing events, negotiate contracts, and drive supplier selection and contracting decisions aligned to business objectives. The Sourcing Specialist serves as a trusted advisor, leveraging market insights and supplier expertise to optimize procurement outcomes.

Responsibilities

• Lead end-to-end competitive sourcing events (RFI/RFP/RFQ), including development of materials, supplier engagement, and cross-functional evaluation processes
• Analyze supplier proposals and market data to drive fact-based sourcing decisions and value optimization
• Negotiate commercial terms, pricing, service levels, and contracts to deliver cost savings and favorable business outcomes
• Partner with legal and risk teams to support contract drafting, redlining, and governance requirements
• Collaborate with internal stakeholders (business, finance, IT, legal) to translate requirements into sourcing strategies and aligned outcomes
• Act as a trusted advisor to stakeholders, providing insights on supplier capabilities, market trends, and sourcing approaches
• Facilitate cross-functional alignment throughout sourcing initiatives, ensuring transparency and informed decision-making
• Identify and implement opportunities for cost savings, efficiency improvements, and supplier consolidation
• Participates in special projects and performs other duties as assigned

Qualifications

• Bachelor's degree in Supply Chain Management, Business Administration, Economics, or a related field
• Minimum of 3 years of relevant experience in procurement, sourcing, or supply chain management
• Experience leading competitive sourcing events and negotiations
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to manage multiple tasks and priorities effectively
• Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint

Skills

• Strategic sourcing and negotiation skills
• Supplier relationship management
• Market research and analysis
• Contract management and compliance
• Collaboration and stakeholder management
• Project management and organizational skills

Benefits

Vanguard offers a comprehensive benefits package including:

• Health insurance
• Retirement plans
• Flexible spending accounts
• Employee assistance programs
• Time off and paid holidays

Pay

Competitive salary commensurate with experience and qualifications.

Schedule

Hybrid schedule with flexible work arrangements.