Procurement/Sourcing Manager -Hybrid

Job Title: Procurement/Sourcing Manager

Location: Vienna, VA

Duration: Multiyear Contract

Description:

Candidates must have a minimum of 7 years of procurement experience, heavy IT sourcing experience and some financial services experience (government heavy candidates will NOT work).

Responsibilities:

• Collaborate with partners to align sourcing priorities, source selection, conduct market research, mitigate issues and add value through insights
• Preparation, issuance and management of a RFP s/ RFIs
• Build and maintain relationships with lines of business, team members, management, key stakeholders and external contacts (e.g., vendors, etc.)
• Identify and work collaboratively with the client and other stakeholder groups (Operations, PVM, EPMO, O Information Security, etc.) to achieve objectives and ensure alignment with client s strategy and business operations
• Drive partner satisfaction by learning and understanding partner needs, being responsive to issues, integrating partners into procurement/sourcing processes and building relationships with key stakeholders
• Collaboratively work with cross functional teams to develop business unit requirements and Statement of Works
• Manage a competitive RFP process that is standardized with consistent language, evaluation criteria
• Participates in collaborative handoffs with PVM staff to ensure effectively negotiated contracts that meet desirable financial terms and conditions
• Administer Non-disclosure agreements, Risk Assessments and the supplier due diligence process in collaboration with P&VM Risk team
• Support P&VM contracts teams in negotiating MSAs and other agreements
• Support periodic performance review meetings with vendors
• Provide regular feedback on supplier performance
• Analyze business unit requirements for leveraging opportunities, supplier recommendations, acquisition planning
• Consult with business unit partners to provide sourcing strategy advice to maximize favorable results and support client strategy and goals
• Lead source selection activities of pre-qualified vendors, including conducting market analysis to determine potential sources
• Obtain and analyze vendor performance and delivery data for to ensure quality, consistency, and fairness to inform sourcing activities
• Maintain vendor related documentation, including source selection records, supplier performance information, compliance metrics, and value capture results
• Ability to develop the overall strategy for a product category and researches new product options in the category to drive TCO savings and achieve targets
• Provide Category insight by analyzing market data and monitoring relevant market conditions