Strategic Sourcing Analyst, Specialist

Vanguard Group, Inc.

$90K — $110K *
Enterprise Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in strategic sourcing, supplier management, or procurement.
  • Background in IT/SAAS sourcing essential; AI experience preferable.
  • Bachelor's in Supply Chain Management, Business Administration, Engineering, or similar.
  • Strong communication, analytical skills, and commercial insight for complex deal management.
  • Experience with sourcing tools like Sirion Labs, Globality, Oracle, and ServiceNow.
  • Preferred certifications: CPSM, CSCP, or CIPS.
  • Ability to prioritize in fast-paced environments, focusing on business value and risk.

Responsibilities

  • Serve as a subject matter expert for strategic sourcing and supplier selection in AI and SAAS.
  • Conduct market data analysis to recommend suppliers aligned with business needs and market trends.
  • Resolve escalated issues and engage necessary stakeholders during sourcing operations.
  • Interpret and communicate contract obligations and risk exposures to stakeholders.
  • Champion compliance throughout the sourcing process and educate stakeholders on necessary considerations.
  • Ensure up-to-date supplier and contract data in management systems.
  • Monitor market trends affecting material and service availability and pricing.
  • Collaborate with internal clients to assess sourcing needs and define service expectations.

Benefits

  • Collaborative work environment that promotes innovation and growth.
  • Opportunity to influence emerging technologies and drive supplier partnerships.
  • Engagement in complex, high-value sourcing transactions within a leading financial institution.
Full Job Description
Are you a Sourcing Specialist who thrives in complexity and is energized by innovation?

This role navigates the evolving AI ecosystem and AI infrastructure platforms to deliver measurable business value through supplier partnerships. In this role, you'll drive supplier innovation, negotiate complex deals, and influence how cutting-edge technology is brought into Vanguard.

Core Responsibilities
  • Serves as a subject matter expert in managing high complexity strategic sourcing transactions, negotiations, and supplier selection for AI products and SAAS services. Manages relationships for suppliers within category. Executes category strategy to drive maximum value.
  • Performs supply market data analysis and recommends suppliers and vendors to the business. Identifies and is knowledgeable of industry trends and category strategies to recommend linkages to business needs. Coaches team members on supply and market analysis.
  • Drives engagements, resolves escalated and complex issues and involves stakeholders as needed. Interfaces with other sourcing operations teams, business leaders and legal & risk partners for each transaction.
  • Interprets and communicates contract requirements, obligations, and risk exposures to key stakeholders, including sourcing professionals and business leaders. Performs regular performance monitoring and reviews of key suppliers.
  • Champions sourcing process compliance. Educates key stakeholders about commercial, legal, policy and other considerations in support of the negation process.
  • Ensures supplier and contract data is submitted and current into the management systems and databases.
  • Monitors market dynamics that impact materials/services availability and/or pricing.
  • Partners with internal clients to identify sourcing needs, develop buyer/market profiles, identify marketplace trends, and define acceptable service levels.


Qualifications and Skills
  • 5 years or more of experience in strategic sourcing, supplier management, or procurement
  • Previous IT/SAAS sourcing background is required, having an AI sourcing skills is a nice plus
  • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field
  • Strong communication, analytical thinking, and commercial acumen with demonstrated ability to manage high-complexity deals and cross-functional collaboration
  • Proficiency with sourcing and procurement systems such as Sirion Labs, Globality, Oracle and ServiceNow
  • Preferred certifications include CPSM (Certified Professional in Supply Management), CSCP (Certified Supply Chain Professional), or CIPS certification
  • Ability to manage multiple priorities in a dynamic environment, with a focus on driving business value and risk mitigation

Special Factors

Sponsorship
Vanguard is not offering visa sponsorship for this position.

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