What are the responsibilities and job description for the Senior Manager, Strategic IT Sourcing position at Lincoln Electric?
The Senior Manager of Strategic IT Sourcing is responsible for leading the strategic direction, execution, and continuous improvement of IT sourcing, contracting, and vendor relationship management across the enterprise. This role will partner with IT, a team of other sourcing professionals and our business partners to ensure sourcing strategies align with business goals, deliver value, and mitigate risk. The ideal
candidate is a leader and change agent with expertise in IT procurement and a passion for building world-class sourcing capabilities.
Key Responsibilities:
- Strategic Leadership & Planning
- Develop and lead the execution of the enterprise-wide IT sourcing strategy, ensuring alignment with corporate objectives, digital transformation goals, and operational priorities
- Identify and drive strategic sourcing initiatives that deliver cost savings, innovation, and improved vendor performance
- Team & Stakeholder Management
- Lead/Mentor a high-performing team of sourcing specialists
- Serve as a trusted advisor to senior IT and business leaders, influencing decisions and fostering cross-functional collaboration
- Partner with operational procurement to ensure appropriate PO and other policy adoption and alignment
- Vendor Decisioning & Contract Oversight
- Facilitate strategic IT vendor decisions, including competitive bids, negotiations, and contract lifecycle management
- Ensure compliance with legal, regulatory, and risk management requirements across all IT contracts
- Process Optimization & Innovation
- Champion the use of digital sourcing tools (eRFx, eAuction, spend analytics) and best practices to enhance sourcing efficiency and transparency
- Continuously assess and improve sourcing processes, policies, and governance frameworks
- Vendor Risk & Performance Management
- Assist with the implementation of robust vendor risk assessment and mitigation strategies
- Oversee strategic IT vendor relationships and performance monitoring
- Participate in the tracking of global KPIs for sourcing effectiveness, vendor performance, and cost/value delivery. Develop and track additional KPIs, as needed
Qualifications and Requirements:
- Min 5-8 years IT Strategic Leadership w/ Bachelor’s degree required; MBA or advanced degree preferred
- 10 – 12 years of progressive experience in IT sourcing, procurement, and vendor management, with some leadership experience in lieu of a degree
- Proven success in leading complex sourcing initiatives, managing high-value IT contracts (e.g., ERP, cloud services, software licensing), and delivery cost savings
- Strong leadership, communication, and stakeholder engagement skills
- Expertise in sourcing technologies, contract law, and vendor risk management
- Professional certifications (e.g., CPSM, CSCP, ITIL) are a plus