Strategic Sourcing Analyst

Strategic Sourcing Analyst

On behalf of our client in the Retail Sector, PROCOM is looking for a Strategic Sourcing Analyst.

Strategic Sourcing Analyst – Job Description

Sourcing and contracting for any IT related purchases, including software, hardware and consulting services of low to medium complexity for deals up to $5M. Shadow Sourcing Specialist on more complex (e.g. managed services. Saas / Cloud. hosting) contract negotiations and drafting activities >

Responsible for leading the sourcing and contracting process for low to medium complexity tasks for vendor investigation, developing sourcing strategy, bid solicitation, negotiating contract pricing, terms and conditions, and completing all IT Procurement related sourcing and contract documentation for projects, standard renewals, conversion to cloud contracts, and SOWs / CRs with existing vendors

Use standard technology contracts and liaise with internal and external legal counsel to finalize contracts. Negotiate business terms and conditions

Facilitate the contracting process following compliance review processes (Security, CIF, tax, Privacy)

Assist the Strategic Sourcing Specialists or Consultant in various sourcing and contracting tasks or projects

Work collaboratively with all business areas and the IT organization to contract solutions that successfully meet business priorities

Facilitate information flow between Client business units and vendors

Contribute to, and demonstrate, the value of IT Procurement services for each project, working with the objective of increasing the use of IT Procurement services

Ensure that the IT Procurement Lifecycle is followed, and industry practices are introduced throughout the project lifecycle

This includes performing a Project Management role in sourcing, negotiations, and contracting MCAs, MSAs, Order Forms, etc.

Work with the IT Operational teams to ensure contract terms, Service Level Agreements and escalations are understood throughout the sourcing / contracting phase and communicate their ownership of the contract upon execution

Populate Vendor Portfolios provided by Sourcing Specialist / Manager

Monitor vendor performance, collect team member SME input, and communicate portfolio updates to the appropriate team members

Identify and execute opportunities for procurement cost reduction and value-added services.

Create, analyze, group, and interpret technology-related data

Provide ad-hoc reporting and analysis as required

Use industry research services to identify trends and techniques. Develop and analyze various reports for metrics tracking

Analyze and summarize Dun & Bradstreet reports for the ITP team, as requested

Work with Finance to complete financial due diligence, perform lease / buy analysis and ensure appropriate financial treatments and contractual he enterprise commitments are approved and reported.

Work with eTAM (IT Asset Management) to ensure assets procured are reported and requisitions are completed to ensure timely delivery of Purchase Orders to vendors

Excellent communication skills (i.e., providing regular updates, exhibiting leadership capabilities)

Complete tasks assigned through the Service Management workload tool, prepare reporting as requested

Update ITP SharePoint Site, including organizing Contract repository

Update ITP Workplace Group (Facebook at Work)

Strategic Sourcing Analyst – Mandatory Skills

University degree, College / Technical Institute diploma, or equivalent work experience

Ideally would have performed one co-op term within IT Procurement

Working knowledge of large-scale data processing hardware and software environments, and relevant industry trends

Knowledge of current technologies and services such as Software-as-a-Service (SAAS), Cloud and Outsourcing

Exceptional skills in facilitating meetings, interviewing, and influencing others

Strong leadership skills and presence, remarkable sense of accountability and a demonstrated ability in constructing a highly credible roadmap

Ability to develop credibility and maintain relationships with all levels of management, business partners and vendors

Strategic Sourcing Analyst - Assignment Start Date

ASAP – 6 months to start

Strategic Sourcing Analyst - Assignment Location

Toronto, ON - Work Remotely