Strategic Sourcing Analyst (S2)

About the role

The Strategic Sourcing Analyst (S2) supports the end-to-end procurement and strategic sourcing lifecycle for IT-related categories, with a strong focus on software, cloud services, and technology vendors. In this role, you manage a pipeline of sourcing engagements, lead competitive bidding events, and negotiate SaaS and technology deals. You partner closely with internal stakeholders across procurement, finance, IT, and vendor management to drive sourcing strategy, optimize value, and support enterprise-level initiatives and high-value contracts. This is a Contract to Hire position based out of Malvern, PA.

Responsibilities

• Lead sourcing engagements from initial intake through contract execution for IT-related categories, including software and cloud services.
• Build, issue, and manage RFx documents (RFPs, RFIs, RFQs) to support competitive sourcing activities.
• Conduct competitive bidding events, analyze vendor proposals, and develop clear recommendations based on value, risk, and strategic fit.
• Negotiate pricing, commercial terms, and contract language with suppliers to secure favorable outcomes for the organization.
• Partner with internal stakeholders across IT, procurement, finance, and vendor management to gather requirements and shape procurement strategy.
• Support Category Leads on complex sourcing projects, large enterprise initiatives, and high-value technology contracts.
• Collaborate closely with vendor management, legal, and third-party risk teams to ensure compliance, mitigate risk, and maintain strong supplier relationships.
• Utilize procurement systems, with a preference for Oracle Procurement / ERP tools, to track sourcing activities, maintain documentation, and report on progress.
• Identify and recommend process improvement opportunities within sourcing and procurement workflows to enhance efficiency and effectiveness.
• Maintain accurate documentation of sourcing activities, decisions, and contract details to support transparency and audit requirements.
• Contribute to strategic transformation initiatives within procurement and help influence overall sourcing strategy and vendor selection decisions.

Essential Skills

• Three to five years