Job Description:
Primary Duties and Responsibilities
- Serve as Category Manager for IT/Engineering Vendors and potentially others
- Conduct market research in support of RFPs and participate in competitive bidding (RFx)
- Capture content for contract management databases (termination, spend, compliance, unit pricing)
- Implement the review of cost saving opportunities with Executive Sponsors, Business Leads and Finance
- Complete contract negotiations (including contract drafting) with vendors and Legal
- Serve as first point of contact in the contract drafting process, in collaboration with Legal
- In collaboration with the business stakeholders, identify the business requirements to be included in contract documentation
- Facilitate escalation and dispute resolution activities with new and existing vendors (as necessary) and coordinate vendor IT integration and access deliverables
- Complete vendor terminations and assist with decommissioning efforts, as necessary
- Work with Business Leads to capture and review vendor SLAs
- Work directly with Business Leads on vendor SLA reporting and adherence; support any remediation efforts
- Develop and monitor spend reporting with Finance and Business Leads
- Support Executive Sponsor and Business Lead, as requested, on vendor communications including meetings, reports, QBR/MBR, etc.
- Assist in the development of P2P Policy CLM documentation and audits
Required education and experience
- 6+ Years Sourcing and Procurement Experience
- Demonstrated ability to build external relationships and hold stakeholders and partners accountable
- Demonstrated ability to generate cost savings and cost avoidance
Preferred education and experience
- Bachelor’s degree
- Ability to understand, organize, communicate and present complex information in an easily understandable format tailored to a variety of audiences
- Adaptable and efficient in a constantly evolving environment
- Familiarity with and comfort of using procurement software (e.g. ZIP)
Competencies/success factors
- Excellent leadership and communication skills to drive results across a wide range of initiatives and stakeholders
- High energy, passionate, strategic thinker with a proven track record of driving improvement and implementing strategies, technology, and processes to get results
Must Have Skills:
- 6-10 years of sourcing and procurement experience (software/SaaS category) flexible for less years of experience if excellent fit
- Experience interacting with directors, C-Suite, working with engineering/cybersecurity teams
- Industry: prefers healthcare background (familiar with HIPPA, NPI, compliance etc.) Can be from regulated industries, large enterprise (2,000+ employees) as well.
- Familiar with software contracts, renewals, extensions, pricing, terms, SLAs, working with Legal on contract terms (full vendor lifecycle)
- Platforms: procure to pay system experience (open to any source to pay technology)
- Technical Skills: Proficiency in SaaS, on-prem software, and familiarity with AWS, marketplace
- Experience managing a large software vendor portfolio
- Proven ability to manage competing priorities and high volume of requests
- Demonstrated cost savings and spend management
- Bachelor's degree