IT Procurement Lead

Role: IT Procurement Lead

Location: Boston, MA (Hybrid – 3-4 days per week)

Duration: Long Term

Preferred Local

Primary Skill: Vendor management, Business Data Analysis, Sourcing & Contract Management

Work Experience: 7-10 Years

Job Requirements:

The position contributes to operational and financial goals by identifying cost-saving opportunities, improving supplier value, and ensuring sourcing decisions align with organizational policies and risk standards.

This role strengthens procurement practices through data-driven insights, market analysis, and effective supplier engagement.

 Key Responsibilities:

• Strong knowledge of sourcing practices, category management principles, and supplier evaluation methods.
• Ability to analyse spend data, market trends, and supplier proposals to support strategic decisions.
• Experience negotiating commercial terms and managing sourcing events.
• Familiarity with contract language, risk considerations, and procurement policies.
• Proficiency with procurement and contract management systems.
• Strong analytical, problem-solving, and financial acumen.
• Strong communication and stakeholder management skills.

• Have in-depth understanding of managing IT specific category planning, category deal execution.
• Manages assigned spend categories, including strategy development, sourcing execution, supplier evaluation, and ongoing category performance monitoring.
• Conducts market research, spend analysis, and benchmarking to identify opportunities for cost optimization, value improvement, and risk reduction.
• Leads sourcing events such as RFPs, RFIs, and negotiations for moderately complex goods and services.
• Analyses supplier proposals, commercial terms, and pricing structures to support informed decision-making.
• Collaborates with business stakeholders to understand requirements, align sourcing strategies, and ensure category plans support operational needs.
• Supports contract development and negotiation by providing category insights, supplier data, and commercial recommendations.
• Monitors supplier performance, identifies issues, and partners with internal teams to drive corrective actions and continuous improvement.
• Maintains accurate documentation, category plans, and supplier records in procurement and contract management systems.
• Contributes to the development of sourcing processes, tools, and templates to improve efficiency and consistency.
• Supports budgeting and forecasting activities by providing category-level insights and spend projections