Strategic Sourcing Manager - IT & Professional Services

We are seeking a highly skilled Strategic Sourcing Manager to lead sourcing initiatives within our IT and Professional Services categories . The ideal candidate will have extensive experience in procurement, supplier relationship management, and strategic sourcing methodologies. This role is pivotal in optimizing our procurement processes, ensuring cost efficiency, and fostering strong partnerships with key vendors. Key Responsibilities: Strategic Sourcing: Develop and implement sourcing strategies for IT and Professional Services that align with the organization’s goals and objectives including Technology, IT Services, Software, SaaS, Hardware, Legal, Tax, Audit, Consulting, etc. Market Analysis: Conduct comprehensive market research and analysis to identify potential suppliers, evaluate market trends, and assess risks. Supplier Management: Build and maintain strong relationships with suppliers, negotiate contracts, and manage performance to ensure compliance with service level agreements (SLAs). Cost Management: Identify opportunities for cost reduction and efficiency improvements, driving savings initiatives across the categories. Cross-Functional Collaboration: Work closely with IT, Finance, Legal, and other internal stakeholders to gather requirements and ensure alignment in sourcing strategies. Compliance and Governance: Ensure all sourcing activities comply with corporate policies and regulatory requirements, maintaining the highest ethical standards. Reporting and Analysis: Develop and present sourcing performance reports, key metrics, and strategic recommendations to senior leadership. Team Leadership: Mentor and guide junior procurement staff, fostering a collaborative and high-performance team environment. Qualifications: Bachelor’s degree in Business, Supply Chain Management, or related field; MBA or relevant certification (e.g., CPSM, CIPS) preferred. 5 years of experience in strategic sourcing or procurement, with a focus on IT and Professional Services. Strong negotiation skills and experience managing complex contracts. Excellent analytical and problem-solving abilities. Proven track record of driving cost savings and value creation through strategic sourcing initiatives. Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities. Exceptional communication and interpersonal skills, with the ability to influence and collaborate with diverse stakeholders.