Sourcing Analyst (47451)

Title: Sourcing Analyst

Duration: 12 Months

Location: Fairfax, VA (Remote Job)

Looking for candidates from DC, MD, or VA Only.

Duties and Responsibilities

Lead Stakeholder Engagement and Sourcing Initiatives:

Collaborates with business stakeholders and procurement management to determine sourcing category strategy.

Responsible for working with business stakeholders and procurement management to frame and develop project objectives, requirements, and sourcing strategy prior to supplier engagement.

Drafts and leads the applicable sourcing process through scoring and completion (e.g. RFx, sole source, etc.).

Acts as primary contact with potential suppliers during the RFx, selection, and negotiation process.

Leads supplier negotiations throughout RFx and contracting process to achieve optimal savings, value, and risk profile.

Negotiate and Draft Contracts:

Implements the sourcing strategy and negotiation and redlining process with the supplier to draft contracts that accurately capture business, technical, and legal requirements (including contractual and purchase order documentation).

Acts as liaison with business owner and supplier during negotiations.

Works closely with legal and risk groups to ensure consistent communication and socialization of significant legal and risk issues throughout the negotiation process.

Interacts routinely with legal and business owner to resolve issues.

Responsible for the preparation and submission of documentation for consent from the Federal Government (as applicable).

Ensures and adheres to corporate purchasing policy directives and Federal Government regulations.

Ensures compliance with contractual requirements for Federal Employee Program and other state and local contracts specifically related to MBE/WBE requirements and reporting.

Consolidates requirements and coordinates with management to determine the most suitable method of purchase such as spot purchase orders, contracts, blanket orders and supplier stocking arrangements.

Supplier Management:

Ensures procurement process is followed and all documentation is complete and accessible in the Ariba source to pay system.

Analyzes and compares service and/or product offerings and specifications, investigates future renewal requirements and options, and resolves contract and invoice discrepancies.

Manages existing contracts to anticipate and prepare for ongoing renewals.

Provides other services related to the sourcing, contracting, and supplier management function as required.

Required Experience:

This position requires a Bachelor's degree or equivalent experience; and at least four (4) to six (6) years' experience in Strategic Sourcing, Professional Services (Consulting, Facilities, HR, Marketing) and IT Services Procurement Categories.

Working knowledge of SAP Ariba

Experience with full contract life cycle for IT software, IT Services and Professional Services

Excellent time and project management skills

Extensive experience in managing the end to end sourcing process from requirements gathering through RFx and contracting.

Robust pricing and contractual negotiations with suppliers.

Effective presentation and influencing skills to interface with multiple levels of management.

Experience in analyzing pricing and determining price reasonableness.

Proven experience with key category suppliers.

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