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Sourcing Manager
2 months ago
LHH Recruitment Solutions is seeking an experienced IT Procurement Manager to lead our client's procurement efforts in the enterprise software and cloud services categories supporting financial and legal stakeholders and the sourcing team. The ideal candidate will have a strong background in IT sourcing, contract negotiation, and supplier relationship management, with a proven track record of achieving significant cost savings and driving value for the organization.
Location: 100% Remote – Anywhere U.S. – PST hours preferred
Compensation: $170K – $190K
“Benefit offerings include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits, and a 401k plan. Our program provides employees the flexibility to choose the type of coverage that meets their individual needs. Available paid leave may include Paid Sick Leave, where required by law; any other paid leave required by Federal, State, or local law; and Holiday pay upon meeting eligibility criteria.”
Duties and Responsibilities:
- Collaborate with internal stakeholders to understand business needs and align category (Enterprise software, SaaS, and Cloud providers) strategies with organizational objectives.
- Utilize market intelligence, benchmarking, and industry trends to stay informed and proactively identify opportunities for improvement.
- Conduct thorough market research to identify potential suppliers and evaluate their capabilities, ensuring alignment with organizational needs.
- Employ various sourcing tactics, such as RFP/RFI/RFQ, E-auctions, and benchmarking, to negotiate favorable contracts and achieve 10%+ savings targets.
- 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.
- Establish and maintain strong relationships with key vendors to drive mutually beneficial outcomes.
- Monitor contract performance, addressing issues promptly and proactively identifying opportunities for improvement.
- Champion the Supplier Relationship Management (SRM) program with tier 1 and critical suppliers, fostering collaborative partnerships.
- Implement initiatives to improve the total cost of ownership, quality of service, and delivery from key suppliers.
- Conduct regular business reviews, evaluating supplier performance against established KPIs and SLAs.
- Effectively manage risks associated with supplier relationships, ensuring business continuity and compliance.
- Collaborate closely with procurement team members and cross-functional teams to share best practices, successes, and lessons learned.
Skills and Qualifications:
- BA/BS or equivalent with 10+ years of relevant experience.
- 10+ years of experience in IT sourcing, specifically in enterprise software/SaaS and Cloud services.
- 7+ years of experience managing senior-level relationships with top-tier enterprise SaaS vendors.
- 7+ years of enterprise technology procurement and contract negotiation experience with SaaS 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 10%+ 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.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal stakeholders and external suppliers.
- 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.
Pay Details: $90.00 to $95.00 per hour
Search managed by: Jason Timothy
Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay where applicable.
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:
- The California Fair Chance Act
- Los Angeles City Fair Chance Ordinance
- Los Angeles County Fair Chance Ordinance for Employers
- San Francisco Fair Chance Ordinance