Strategic Sourcing Analyst

Vanguard Group, Inc.

$80K — $95K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in strategic sourcing, supplier management, or procurement roles
  • Undergraduate degree or equivalent experience
  • Proven experience in conducting competitive sourcing events (RFI, RFP, RFQ)
  • Skilled in negotiating and administering supplier contracts
  • Strong analytical skills for evaluating proposals and pricing
  • Effective communicator able to influence diverse stakeholders
  • Demonstrated relationship-building skills within cross-functional teams

Responsibilities

  • Lead competitive sourcing events from start to finish, including creating materials and engaging suppliers
  • Analyze proposals and market data to make data-driven sourcing decisions
  • Negotiate contracts and pricing to achieve cost savings
  • Support all stages of contract lifecycle management
  • Collaborate with legal teams on contract drafting and compliance
  • Act as an advisor on supplier capabilities and market trends
  • Facilitate communication and alignment among internal teams throughout sourcing processes

Benefits

  • Opportunity for career growth within a leading company
  • Access to cross-functional collaboration with diverse teams
  • Engagement in high-impact sourcing projects
  • Development of negotiation and relationship management skills
  • Contribution to strategic decision-making processes at all organizational levels
Full Job Description
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
  • Support contract lifecycle activities, including contract drafting, redlining, execution, renewals, and amendments
  • Partner with legal and risk teams to support contract drafting, redlining, and governance requirements
  • Collaborate with internal stakeholders (business teams, finance, IT, legal, risk) 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
  • Conduct supplier, spend, and market analysis to identify sourcing opportunities and recommendations
  • Identify and implement opportunities for cost savings, efficiency improvements, and supplier consolidation
  • Manage multiple sourcing initiatives simultaneously, ensuring timelines, deliverables, and stakeholder expectations are met
  • Ensure sourcing and contracting activities comply with internal procurement policies, governance standards, and risk management requirements
  • Participates in special projects and performs other duties as assigned


Qualifications:
  • 5 years or more of experience in strategic sourcing, supplier management, procurement, contract management, or a related business function.
  • Undergraduate degree or equivalent combination of training and experience.
  • Experience supporting or leading competitive sourcing events (RFI, RFP, RFQ) and supplier evaluations.
  • Experience reviewing, negotiating, or administering supplier contracts and commercial terms.
  • Strong analytical and problem-solving skills with the ability to evaluate supplier proposals, pricing models, and business requirements.
  • Effective verbal and written communication skills with the ability to influence and collaborate across multiple stakeholder groups.
  • Demonstrated ability to build relationships, communicate effectively with stakeholders at multiple levels of the organization, and navigate cross-functional decision-making processes.
  • Strong organizational skills with the ability to manage multiple priorities and deadlines simultaneously.
  • Proficiency in Microsoft Office applications, including Excel, PowerPoint, and Word.


Special Factors

Sponsorship
Vanguard is not offering visa sponsorship for this position.

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