Procurement & Sourcing Operations Analyst, Specialist

Vanguard Group, Inc.

$70K — $95K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in sourcing or procurement roles
  • Strong negotiation skills and contract management experience
  • Ability to analyze data and market trends for strategic decision-making
  • Proficient in developing and leading sourcing events like RFIs, RFPs, and RFQs
  • Experience collaborating with cross-functional teams and stakeholders
  • Familiarity with legal and risk management processes in procurement
  • Strong communication skills to act as a trusted advisor to stakeholders

Responsibilities

  • Lead competitive sourcing events from start to finish, including supplier engagement
  • Analyze supplier proposals to inform sourcing decisions and optimize value
  • Negotiate terms and contracts to achieve cost savings and favorable outcomes
  • Collaborate with legal and risk teams on contract development and compliance
  • Work with various internal teams to align sourcing strategies with business needs
  • Provide insights on suppliers and market trends to support stakeholder decisions
  • Identify opportunities for cost savings and supplier efficiency

Benefits

  • Work in a collaborative environment with cross-functional teams
  • Opportunity to influence procurement strategies and outcomes
  • Access to market insights and supplier expertise
  • Participation in special projects for skill enhancement
  • Professional development opportunities through diverse sourcing initiatives
Full Job Description
Position Summary

The Sourcing Operations Analyst, Specialist is responsible for developing and executing sourcing strategies that deliver value, cost savings, and risk mitigation across assigned categories. This role partners with cross-functional stakeholders to lead competitive sourcing events, negotiate contracts, and drive supplier selection and contracting decisions aligned to business objectives. The Sourcing Specialist serves as a trusted advisor, leveraging market insights and supplier expertise to optimize procurement outcomes.

Responsibilities:

  • Lead end-to-end competitive sourcing events (RFI/RFP/RFQ), including development of materials, supplier engagement, and cross-functional evaluation processes


  • Analyze supplier proposals and market data to drive fact-based sourcing decisions and value optimization


  • Negotiate commercial terms, pricing, service levels, and contracts to deliver cost savings and favorable business outcomes


  • Partner with legal and risk teams to support contract drafting, redlining, and governance requirements


  • Collaborate with internal stakeholders (business, finance, IT, legal) to translate requirements into sourcing strategies and aligned outcomes


  • Act as a trusted advisor to stakeholders, providing insights on supplier capabilities, market trends, and sourcing approaches


  • Facilitate cross-functional alignment throughout sourcing initiatives, ensuring transparency and informed decision-making


  • Identify and implement opportunities for cost savings, efficiency improvements, and supplier consolidation


  • Participates in special projects and performs other duties as assigned


Special Factors

Sponsorship
Vanguard is not offering visa sponsorship for this position.

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