Procurement & IT Sourcing Operations Analyst, Specialist

Vanguard Group, Inc.

$80K — $95K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in sourcing roles
  • 1+ year of IT sourcing experience with vendors
  • Undergraduate degree or equivalent training/experience
  • Experience in negotiating software, hardware, and networking needs
  • Strong relationship-building skills

Responsibilities

  • Lead sourcing transactions for low to medium complexity based on business assessments
  • Drive sourcing engagements and resolve issues while coordinating with stakeholders
  • Engage in strategic vendor initiatives offering project management expertise
  • Communicate contract requirements and risk exposures to stakeholders
  • Oversee contract reviews, approvals, and negotiations while ensuring compliance
  • Identify value creation opportunities through supplier management
  • Maintain accurate supplier and contract data in management systems

Benefits

  • Opportunity to participate in strategic vendor-related initiatives
  • Involvement in cross-team collaboration and stakeholder management
  • Access to professional development and educational resources
  • Engagement in special projects for career growth
  • Support for adherence to procurement policies and best practices
Full Job Description
If you have experience working with IT suppliers or vendors, supporting technology or business teams, participating in procurement or contracting activities, managing projects, or partnering with a variety of stakeholders, your background could be a great fit for Enterprise Supply Management.

This role is ideal for someone who enjoys building relationships, understanding business needs, managing multiple priorities, and working collaboratively across teams.

Core Responsibilities
  • Leads low and medium complexity sourcing transactions based on assessment of business needs. Leads and facilitates discussions on relationship, cost, and capabilities with leadership and suppliers.
  • Drives engagements through defined sourcing processes, resolving issues and involving stakeholders as needed. Interfaces heavily with other Sourcing teams, business owners, and Legal & Risk partners for each transaction.
  • Participates in strategic vendor-related initiatives. Provides relationship and project management expertise. Coordinates multiple stakeholders for input and collaboration for procurement activities.
  • Interprets and communicates contract requirements, obligations, and risk exposures to key stakeholders, including sourcing professionals and business leaders.
  • Oversees contract review, approvals, and negotiations. Champions sourcing process compliance and educates key stakeholders about commercial, legal, policy, and other considerations in support of the negotiation process.
  • Identifies and executes value creation opportunities through supplier consolidation, demand management, benchmarking, process optimization, and innovation partnerships.
  • Ensures supplier and contract data is submitted or entered into management systems and databases. Proactively considers and suggests vendor alternatives and contract timelines.
  • Supports adherence to procurement policies and procedures.
  • Participates in special projects and performs other duties as assigned.


Required Qualifications:
  • Three years or more of related work experience in a sourcing capacity.
  • At least one year of prior IT sourcing experience partnering with vendors negotiating software, hardware and networking needs.
  • Undergraduate degree or equivalent combination of training and experience.


Special Factors

Sponsorship
Vanguard is not offering visa sponsorship for this position.

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