Senior Procurement Manager - IT
IMC Trading · Chicago, IL · 3 wk ago
Purchasing$120k–$170k/yrFull-time
Core Responsibilities
- Develop and execute sourcing strategies for hardware categories including compute networking, storage, colo, and software.
- Lead RFI/RFP/RFQ processes for hardware procurement: define requirements, evaluate vendor responses, and drive to award recommendation.
- Negotiate OEM and VAR agreements including pricing, lead times, allocation terms, service levels, and lifecycle support.
- Manage concurrent vendor engagements, tracking commercial terms, renewal timelines, delivery commitments, and performance against SLAs.
- Partner with engineering, data center, and platform teams to understand upcoming deployment requirements and translate them into sourcing plans.
- Monitor hardware market trends, supply constraints, OEM roadmaps, and pricing dynamics; provide actionable intelligence to stakeholders.
- Cook up with Legal, Finance, and Risk on contract finalization and compliance requirements.
- Maintain supplier scorecards and conduct regular performance reviews; escalate delivery, quality, or pricing issues proactively.
- Analyze spend data and supplier KPIs to identify cost optimization and consolidation opportunities.
- Cook up with procurement operations and project management teams on purchase order timing, delivery logistics, and inventory alignment.
- Lead discrete sourcing projects and provide guidance to junior specialists where applicable.
Skills & Experience
- 8+ years of experience in procurement, strategic sourcing, or supply chain management with significant focus on hardware or infrastructure categories.
- Bachelor's degree in Engineering, Supply Chain, Business, Finance, or a related field.
- Proven experience sourcing enterprise hardware including servers, GPUs, networking gear, and/or storage systems.
- Strong negotiation and contract management skills across OEM and VAR channel structures.
- Familiarity with hardware lifecycle management, NCNR terms, allocation dynamics, and supply chain risk.
- Ability to collaborate effectively with technical stakeholders and translate engineering requirements into sourcing strategies.
- Experience with procurement software, ERP systems, and spend analytics tools.
- Strong analytical and problem-solving capabilities; detail-oriented with excellent follow-through.
- Excellent communication and cross-functional stakeholder management skills.
- Familiarity with structured sourcing methodologies (e.g., 7-step sourcing) preferred.
- Professional certification (e.g., CPSM, CIPS) preferred but not required.
About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we’ve been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.