Senior Sourcing Analyst, IT/Technology

Job Description Summary: The Senior Sourcing Analyst is an exciting opportunity to develop professionally in a fast-paced environment for an individual with strong analytical and critical thinking skills. The Senior Sourcing Analyst is a key member of the Sourcing team which will be responsible for sourcing assigned indirect products and services for The Home Depot supporting the Technology Teams (Ex. IT Hardware/Software, Services, Labor) The position will support the Sourcing Team in the development and execution of strategic sourcing initiatives. In this role, the Sr Sourcing Analyst will work closely with the Sourcing Managers to execute sourcing and contracting activities. POSITION PURPOSE: The Senior Sourcing Analyst is a key member of the Sourcing team which will be responsible for sourcing assigned indirect products and services for The Home Depot (Ex. IT Hardware/Software, Transportation, Equipment, Services, Labor, Commodities, Marketing, Supplies, Fixtures/Displays, etc.). The position will support the Sourcing Team in the development and execution of strategic sourcing initiatives. In this role, the Sr Sourcing Analyst will work closely with the Sourcing Managers to execute sourcing and contracting activities. MAJOR TASK, RESPONSBILITIES, AND KEY ACCOUNTABILITIES: 25% Market Research/Category Management - Completes supply market research and presents learnings from research/analysis. Provides support for ad hoc reporting 25% RFx Development, Evaluation & Analysis- Supports the gathering of requirements definitions, market analysis, supports the RFx process, analysis of supplier proposals, develop supplier recommendation and negotiation activities 25% Financial/Cost Analysis - Conducts accurate financial analysis of spend details. Assist with the collection, analysis, and total cost ownership analytical activities 25% Communication/Project Control /Project Management/Ad Hoc Reporting- Manage updates to Sourcing Systems and Projects, communications to internal stakeholders and suppliers, related to/about sourcing process. Provide support for sourcing events which includes, but not limited to timeline management, analysis, key communications, and RFx development PREFERRED QUALIFICATIONS: Experience: Professional experience in sourcing, procurement, or supply chain operations, ideally with exposure to technology categories such as IT hardware, infrastructure, software, cloud services, IT Services, or telecom. Technical Skills: Familiarity with procurement platforms (e.g., Workday, SAP Ariba, Coupa). Basic understanding of software licensing models and hardware lifecycle management. String working knowledge of Excel and PowerPoint Analytical & Strategic Thinking: Ability to analyze supplier proposals, identify cost-saving opportunities, and support contract and pricing negotiations. Comfortable working with data to support strategic decision-making. Communication & Collaboration: Strong written and verbal communication skills. Ability to work cross-functionally with IT, legal, finance, and business stakeholders. Experience supporting Category Managers is helpful. Growth Mindset: Demonstrated initiative and curiosity in learning new sourcing strategies and technologies. Willingness to take ownership of projects and grow into more strategic responsibilities. KNOWLEDGE, SKILLS, ABILITIES, AND COMPETENCIES: - Ability to perform detailed analyses as well as create executive summaries of the analyses. - Ability to create ad-hoc reporting - Ability to present and defend own work and work of others to senior leadership. - Ability to work independently. - Ability to influence the decisions of individuals that you do not supervise - Ability to work cross-functionally - Ability to multi-task and manage projects to meet deadlines. - Ability to effectively communicate, both verbally and in writing, internally and externally.