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Indirect Sourcing Lead

3 months ago

Golden Valley, United States Lube-Tech Full time
Description

With a purpose to make tomorrow a little bit better than today for each other, our customers, and our communities, Lube-Tech provides an environment where you can love what you do and be your best every day.

What you will enjoy by being a part of a 2024 USA Great Place to Work certified company:

A position that is: Salary Full time

With top-tier benefits starting DAY ONE including:

  • Medical Plan options, including fertility coverage and free mental health and telehealth coverage
  • Dental and Vision Insurance
  • FSA/HSA options
  • Paid parental leave
  • Company-provided short-term disability, long-term disability, and life insurance
  • Supplemental Insurances, including accident, critical illness, hospital, and supplemental life insurance
  • 401(k) with a generous company match
  • Pet Insurance Benefits
  • Tuition reimbursement
  • 21 Paid Days Off
  • 7 Paid Holidays
  • Short-term Incentive Plan (STIP) , ask your Talent Partner for details
  • Dress For Your Day (casual dress environment)
  • Work Your Way (hybrid work) - Three days on site with anchor day on Wednesdays

HOW YOU WILL CONTRIBUTE TO OUR TEAM (Overview & Key Responsibilities):

As the Indirect Sourcing Lead, you will play a pivotal role in driving the organization's success through expert negotiation of enterprise software. Your responsibilities include enabling value creations in the critical Technology domains by leveraging your deep industry knowledge, you will lead initiatives to achieve substantial year-over-year savings, ensuring compliance with legal requirements and fostering strong supplier relationships. You will be an individual contributor role and will report to the Global Sourcing team.

ESSENTIAL DUTIES and RESPONSIBILITIES:

  • Develop and implement robust category management strategies to enable value creation for IT categories, encompassing hardware, software, cloud services, reseller, and other technology-related products and services.
  • Collaborate with internal stakeholders to understand business needs and align category strategies with organizational objectives.
  • Utilize market intelligence, benchmarking, and industry trends to stay informed and proactively identify opportunities for improvement.
  • Lead the development of enterprise-wide sourcing strategies for technology, incorporating various sourcing tactics, such as RFP/RFI/RFQ, E-auctions, and benchmarking, to negotiate favorable contracts and achieve savings targets.
  • Leverage industry best practices and emerging trends to inform and enhance sourcing strategies.
  • Conduct thorough market research to identify potential suppliers and evaluate their capabilities, ensuring alignment with organizational needs.
  • Collaborate with cross-functional teams to ensure sourcing strategies align with business goals and requirements.
  • Demonstrate expert negotiation skills in engagements with Cloud Service Providers and top-tier Enterprise Software Providers.
  • Lead contract negotiation, ensuring agreements are favorable, cost-effective, and compliant with legal and regulatory requirements.
  • Monitor contract performance, addressing issues promptly and proactively identifying opportunities for improvement.
  • Conduct regular business reviews, evaluating supplier performance against established KPIs and SLAs
  • Effectively manage risks associated with supplier relationships, ensuring business continuity and compliance
  • Provide mentorship and guidance to junior team members, fostering a culture of continuous learning and development.
  • Contribute to building a high-performing team through effective communication, collaboration, and knowledge sharing.

WHAT YOU NEED TO SUCCEED (Minimum Qualifications):

  • 8+ years of experience in IT sourcing, specifically in enterprise software/SaaS, Cloud services, and Network Hardware
  • 5+ years of experience managing senior-level relationships with top-tier enterprise vendors.
  • 5+ years of enterprise technology procurement and contract negotiation experience with vendors, including deep knowledge of licensing models and key contract terms.
  • Experience leading large-scale software optimization initiatives, such as app rationalization and license optimization.
  • Proven track record of achieving year-over-year savings, expertise in contract negotiations, and delivering measurable, valuable results aligned with organizational KPIs.
  • Strong understanding of data analytics and the ability to leverage data-driven insights for decision-making.
  • Proven ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities.
  • Familiarity with emerging technologies in the IT industry and the ability to anticipate and address potential sourcing challenges.

PHYSICAL AND MENTAL DEMANDS:

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands handle or feel; and reach with hands and arms. The mental and physical requirements. described here are representative of those that must be met by an individual to successfully perform the essential functions of this position.

WORKING ENVIRONMENT:

This job operates in a professional office environment as well as remotely. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The employee is occasionally exposed to fumes or hazardous material when in our warehouse facilities. The work environment characteristics described here are representative of those an individual will encounter while performing the essential functions of this position

Lube-Tech is an Equal Employment Opportunity/Affirmative Action Employer. Qualified applicants including women, minorities, veterans, and individuals with disabilities are encouraged to apply.



Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)