Sr. Analyst IT Procurement
High5Responsibilities Sourcing Strategy & Negotiation • Lead or support sourcing initiatives for technology and other indirect categories from opportunity identification through supplier selection. • Run competitive bid events (RFPs/RFIs), building bid packages, evaluation criteria, and comparative analysis to support award recommendations. • Negotiate pricing, commercial terms, and service levels directly with vendors on agreements, escalating higher-risk or higher-value negotiations to senior sourcing leadership. • Use market analysis and benchmarking to identify savings opportunities and inform category strategy. Contract Management & Execution • Draft, review, and redline standard vendor agreements, statements of work, and amendments for assigned categories, partnering with Legal on nonstandard or higher-risk terms. • Serve as the point of contact between internal business stakeholders and vendors throughout contract development and negotiation, coordinating with Legal as needed. • Track contractual compliance and flag potential risk that contract or scope changes may pose to the organization. • Prepare negotiation and contract status updates for management and help resolve open contract issues. Vendor Performance & Compliance • Track, measure, and report on vendor service performance through periodic reviews with key stakeholders, monitoring KPIs and SLA compliance. • Maintain license compliance tracking, contract renewal/expiration records, and vendor certification deadlines, flagging risk before it becomes a lapse in coverage. Category & Stakeholder Partnership • Build strong working relationships with business stakeholders to understand demand and align sourcing strategy with business priorities. • Support the demand management process and identify opportunities for spend consolidation or standardization within assigned categories.