Procurement & IT Sourcing Operations Analyst, Specialist at Vanguard in Malvern, PA

Job description

• If you have experience working with IT suppliers or vendors, supporting technology or business teams, participating in procurement or contracting activities, managing projects, or partnering with a variety of stakeholders, your background could be a great fit for Enterprise Supply Management.
• This role is ideal for someone who enjoys building relationships, understanding business needs, managing multiple priorities, and working collaboratively across teams.

Responsibilities

• Leads low and medium complexity sourcing transactions based on assessment of business needs. Leads and facilitates discussions on relationship, cost, and capabilities with leadership and suppliers.
• Drives engagements through defined sourcing processes, resolving issues and involving stakeholders as needed. Interfaces heavily with other Sourcing teams, business owners, and Legal & Risk partners for each transaction.
• Participates in strategic vendor-related initiatives. Provides relationship and project management expertise. Coordinates multiple stakeholders for input and collaboration for procurement activities.
• Interprets and communicates contract requirements, obligations, and risk exposures to key stakeholders, including sourcing professionals and business leaders.
• Oversees contract review, approvals, and negotiations. Champions sourcing process compliance and educates key stakeholders about commercial, legal, policy, and other considerations in support of the negotiation process.
• Identifies and executes value creation opportunities through supplier consolidation, demand management, benchmarking, process optimization, and innovation partnerships.
• Ensures supplier and contract data is submitted or entered into management systems and databases. Proactively considers and suggests vendor alternatives and contract timelines.
• Supports adherence to procurement policies and procedures.
• Participates in special projects and performs other duties as assigned.

Requirements

• Three years or more of related work experience in a sourcing capacity.
• At least one year of prior IT sourcing experience partnering with vendors negotiating software, hardware and networking needs.
• Undergraduate degree or equivalent combination of training and experience.

Skills

Required

• Sourcing
• IT sourcing
• Vendor negotiation
• Contract management
• Project management
• Stakeholder collaboration