Strategic Sourcing Analyst, Senior Specialist (IT)

Overview

Develops and executes the strategy for suppliers that meet the standards of price, quality, timing, and reliability of products and service.

Responsibilities

• Manage cross-divisional programs or multiple workstreams within a larger program, driving all phases from inception to implementation, ensuring high-quality delivery within targeted timeframes.
• Develop and maintain a multi-year program strategy with specific actions to achieve future goals.
• Communicates program status to various audiences within Vanguard through written and verbal updates.
• Offer insights on best practices and common obstacles from prior experiences, ensuring strategies align with the department's overall strategy.
• Partners in strategic sourcing efforts for key spend strategies.
• Builds and maintains strategic relationships across sites, departments, divisions, and internal and external partners to support their program initiatives.
• Develops strong relationships with program leadership, sponsors, and workstream leads.
• Ensures all steps are taken to mitigate risk, and maintain control, compliance, audit, and legal requirements.
• Integrates and oversees change management efforts across the overall program.
• Closely monitors program costs and budget and escalates cost variances appropriately and timely.
• Develops and executes category strategies to drive maximum value across category, supplier, and deal levels.
• Understand the needs and objectives of divisions and functional partners. Identify and directly understand potential linkages between business needs and the relevant industry's trends.
• Perform market data analysis and clean-sheet analysis for negotiations and supplier selection.
• Lead high-complexity sourcing events.
• Collaborate with sourcing operations teams, business leaders, legal & risk for transactions.
• Interpret and communicate contract requirements, obligations, and risk exposures to key stakeholders, including sourcing professionals and business leaders.
• Manage relationships for suppliers within assigned category.
• Mentor team members and provide training on best practices.
• Resolve escalated and complex issues and involve stakeholders as needed.
• Continually examines ways to raise standards and improve process and procedures while improving the overall performance of ESM.

Requirements

Ten years related sourcing work experience

Undergraduate degree or equivalent combination of training and experience

Special Factors

Sponsorship: Vanguard is not offering visa sponsorship for this position.