Senior Strategic Sourcing Consultant

12-month contract role based in Irvine, CA or Charlotte, NC (remote).

About the role

The Senior Strategic Sourcing Consultant serves as a highly experienced Sourcing Lead, developing and executing strategic sourcing strategies for complex goods and services. This role focuses on 3rd Party Expense Management and Category Strategy for Global Technology Services (GTS) and IT Management Services, collaborating with internal stakeholders to identify cost-saving opportunities, manage supplier relationships, and negotiate favorable contract terms while ensuring compliance with company policies and best practices. Key spend categories include FinOps, End User Support, Global Technology Operations (Compute Storage, IaaS), Cloud Engineering, and Enterprise Technology (ETOC) such as Network Technologies, Digital Workplace Solutions, Endpoint Resilience, Endpoint Technology, Telecom, and Collaboration Technology.

Responsibilities

• Conduct in-depth market research to identify potential suppliers and assess market trends.
• Develop comprehensive sourcing strategies for assigned categories, including cost reduction targets, supplier selection criteria, and risk mitigation plans.
• Collaborate with internal stakeholders to understand business needs and translate them into clear sourcing requirements.
• Lead the design and execution of Request for Information (RFI), Request for Quotation (RFQ), and Request for Proposal (RFP) processes.
• Analyze supplier responses and evaluate proposals based on price, quality, delivery, and other relevant factors.
• Develop negotiation strategies and lead negotiations of complex contract provisions, ensuring optimal pricing and terms while balancing risk and value.
• Develop and manage master agreements, including legal terms and conditions.
• Build and maintain strong relationships with key suppliers, addressing performance issues and driving continuous improvement.
• Monitor supplier performance against contractual obligations and KPIs.
• Analyze spend data to identify cost-saving opportunities and implement strategic sourcing initiatives.
• Utilize cost modeling and total cost of ownership (TCO) analysis to evaluate sourcing options.
• Communicate sourcing strategies and progress to internal stakeholders, including senior management.
• Proactively manage expectations and address concerns related to sourcing activities.

Qualifications

• 7+ years of advanced strategic sourcing experience with mastery of strategic technology-focused procurement principles, practices, and models.
• Deep understanding of technology sourcing principles, sourcing methodologies, and contract law.
• Proven track record with clearly articulated examples of negotiating SaaS and Cloud-based enterprise business applications at scale in a global environment.
• Ability to concisely convey contracting options and recommended path forward in a summary fashion.
• Proficiency in data analysis, spend analytics, and financial modeling to identify cost savings opportunities.
• Extensive knowledge of relevant technology and labor supplier markets, industry trends, and competitive landscape.
• Excellent written and verbal communication to effectively interact with stakeholders at all levels.
• Ability to lead and manage complex sourcing projects from initiation to completion.
• Ability to manage individual project timelines and drive completion of projects under limited supervision.

Pay

$96.55/hour for candidates in CA, CO, IL, NJ, NY, WA, and DC. Starting rate may vary based on location, education, training, and/or experience.

About the client

Our client is a prestigious and large American financial services and investment management company with a global presence, ranking among the world's oldest and largest investment management organizations.

About the firm

Solugenix is a leader in IT services, delivering cutting-edge technology solutions, talent, and managed services to global enterprises. With expertise in highly regulated and complex industries, Solugenix integrates advanced technologies with streamlined processes to drive growth, foster innovation, and ensure compliance. Recognized as a 2024 Top Workplace, Solugenix is known for its inclusive culture and commitment to excellence, with a growing global presence including new offices in the Dominican Republic, Jakarta, and the Philippines.