What are the responsibilities and job description for the Sourcing Analyst position at CTC?
Position Responsibilities Support technology procurement processes, including review of documents, approval routing, and PO processing. Categories include technology hardware, software, and services. Manage relationships with vendors and build relationships with business partner groups. Draft contract documents as requested (i.e., contract amendments) Support the sourcing process from bid preparation to contract execution, partnering with subject matter experts from the business teams to document requirements and ensuring compliance with company. Provide assistance and problem solve for the team and stakeholders. Lead, when required, and participate in process reviews and improvements for sourcing and procurement processes. Review contract files to ensure documentation is accurate and complete. Requirements/Must Have Current on-site requirement is four days per week, this is subject to change with notice Bachelor's Degree preferred Technology Acumen: advanced proficiency in the use of the Microsoft Office Suite (especially advanced Excel) 4 years of relevant Technology sourcing/procurement experience Ability to manage multiple simultaneous projects requiring frequent communication, organization, time management, and problem solving skills Experience in developing and managing Technology RFPs or sourcing process with minimal support, start-to-finish, for simple-to-medium complexity projects (to include market research, RFP development, and management of communications and stakeholder involvement, etc.) Evaluating vendor bid responses (quantitatively and qualitatively} and RFP analysis using spreadsheets and/or other tools. In-depth understanding of best-in-class procurement processes (sourcing, contracting, negotiation etc.) Knowledge of contract terms and conditions Strong verbal and written communication skills Establish relationships with Stakeholders / cross-functional teams to get process buy-in Develop and manage IT sourcing project timelines and lead meetings as directed Ability to be accurate, responsive, and detail-oriented; multi-task; and follow through Ability to be team-oriented as well as work independently, results and quality-driven, positive attitude, and be active with the entire procurement process Ability to organize work load efficiently, meet tight timelines, problem solve effectively, and perform duties of the job accurately and with input and follow-up from management Ability to work in a very fast paced environment Ability to drive and lead along with using processes to build and improve work Comfortable and effective in interacting with all areas and levels of the organization to drive organizational goals and objectives Possess strong customer service and support skills Prioritize and follow-up effectively both internally and externally Willingness to be flexible and adaptable to changing priorities Nice To Have Legal Acumen: strong understanding and proven experience in interpreting and executing complex legal Master Agreements and Service Schedules. Contracting experience in the areas of "on premise" software licensing, software as a service licensing and technology professional services is preferred Solid understanding of a wide array of Technology contract forms including SaaS, Cloud, Software licensing, Hardware maintenance, MNDA, MSA & SOW