Manager, Strategic Sourcing

1 month ago

chicago, United States K2 Services Full time

K2 Services, LLC provides strategic technology managed services to clients in the legal industry and adjacent sectors. The Vendor Management Office (VMO) oversees strategic sourcing, purchasing and contract review for the IT Managed Services portfolio of clients. As the Manager of Sourcing and Analytics, you will play a critical role in driving strategic sourcing initiatives and leveraging data analytics to optimize our procurement processes. You will be responsible for overseeing the end-to-end sourcing activities, managing vendor relationships, and utilizing analytics tools to provide insights and recommendations to enhance our procurement strategies. This position requires a strong analytical mindset, excellent communication skills, and the ability to lead a team effectively. Role will require collaboration with Partner Management, Sales Operations, Finance, Accounting, Security, Project Management Office, Architecture, Service Delivery Management and Client Engagement teams to ensure 100% referenceable clients.


Summary:

Developing effective analytics practice and sourcing strategies across a wide breadth of IT commodity and service areas is vital along with ability to train, mentor, and lead project teams. Joining the K2 VMO as the Manager of Sourcing and Analytics offers an exciting opportunity to make a significant impact on our procurement processes and contribute to the overall success of our organization. If you are a results-oriented professional with a passion for data analytics and strategic sourcing, we invite you to apply for this position and become a valuable part of our team.


Responsibilities:

  • Develop and implement the sourcing strategy in alignment with the company's overall goals and objectives.
  • Manage the sourcing process, including identifying potential vendors, evaluating proposals, negotiating contracts, and selecting vendors.
  • Develop and implement Sourcing Evaluation process, a proprietary analytics solution, to provide data-driven insights & recommendations to clients that generate additional revenue streams.
  • Build and maintain strong relationships with vendors, ensuring effective communication and collaboration.
  • Conduct market research and analysis to identify emerging trends, opportunities, and risks in the supply chain industry.
  • Utilize data analytics tools and techniques to gather, analyze, and interpret sourcing data, including supplier performance, pricing, and quality metrics.
  • Identify cost-saving opportunities and implement strategies to optimize procurement processes while maintaining quality standards.
  • Provide leadership and guidance to a team of sourcing professionals, fostering a high-performance culture and promoting professional development.
  • Prepare strategic Vendor Management materials for Client, Client Engagement, and Service Delivery Management teams.
  • Navigate vendor channel programs, seeking to maximize incentives and rebates.
  • Support Telecom Expense Management function –manage telecom contracts & inventory, carrier dispute management, liaison to 3rd party TEM, and field ad hoc telecom inquiries.
  • Perform other operational duties as required and assigned.


Qualifications:

  • Bachelor's degree in finance, accounting, economics, supply chain or management information systems preferred.
  • Proven experience in strategic sourcing, procurement, or supply chain management, with 5-7 years of relevant work experience.
  • Strong analytical skills and experience in data analysis, interpretation, and visualization. Proficiency in analytics tools (e.g., Excel, Tableau, Power BI) is highly desirable.
  • In-depth knowledge of sourcing strategies and negotiation techniques.
  • Excellent communication and interpersonal skills, with the ability to build and maintain effective relationships with vendors, clients, and internal stakeholders.
  • Strong leadership abilities, with a track record of managing and developing a team.
  • Demonstrated project management skills, including the ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
  • Detail-oriented mindset with a focus on quality and continuous improvement.
  • Knowledge of relevant regulations and compliance standards in the sourcing and procurement field.
  • Experience in a Professional Services environment is a plus.
  • Permanent U.S. work authorization.
  • Occasional travel as required.

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