Sourcing and Procurement Analyst

Sourcing and Procurement AnalystSalary: $90k-$110k + bonusLocation: Chicago, ILHybrid: 3 days onsite, 2 days remote*We are unable to provide sponsorship for this role*Qualifications5-7 years of progressive experience in procurement, specifically in the technology space including contracting, sourcing and negotiationsSuccessful track record in a large procurement organization3+ years’ Technology procurement experienceExcellent verbal and written communication skillsStrong negotiation expertise with an understanding of key contracting concepts and legal termsAbility to translate business requirements into agreementsAbility to lead cross-functional teams and reach consensusKnowledge of financial analysis and management.Knowledge of IT asset management.ResponsibilitiesIdentify and evaluate procurement opportunities in alignment with strategic, operating and financial objectives. Lead the negotiation and purchase of goods and services with a focus on the technology category. Partner with internal business clients to ensure that purchased goods and services meet their needs. Proactively seek ways to drive down total cost of ownership through competition and vendor relationships.Manage projects against an approved plan and objectives to ensure that commitments are met by monitoring, assessing and resolving variances in budget, timing or quality of work.Lead the negotiation strategy and negotiation team for agreements that deliver value to our stakeholders ensuring service, quality and added value maximizing the supplier’s capabilitiesProvide proactive, high-value procurement and contract negotiation consultation to the business through thorough understanding of the business needs.Drive sourcing and procurement plans for products, services and solutions that will optimize year-over-year total cost of ownershipLead the development and management of RFP, RFQ and RFIIdentify and leverage relevant third-party market intelligence sources.Develop and maintain relationships with stakeholders (IT, business, legal, TPRM, vendor management, finance, and vendors) to lead major sourcing programs.Collaborate effectively across organization levels, functions and lines of business to realize procurement goals and objectives