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Chain IQ Group AG · 5 days ago

Procurement Sourcing Professional Services - Senior Expert

Chicago, IL

Full-time

Onsite

Senior Level

$140K/yr - $220K/yr

Chain IQ is a global AI-driven Procurement Service Partner, headquartered in Baar, Switzerland, with operations across main centers and 16 offices worldwide. They are seeking a Senior Expert in Procurement Sourcing for Professional Services to lead sourcing initiatives, maintain relationships with business partners, and negotiate deals to achieve optimal commercial terms.

Management Consulting

Responsibilities

Establishing and maintaining strong relationships with business partners with client centricity as a guiding principle

Leading assigned sourcing initiatives, which vary in terms of scope and scale for Professional Services related subcategories including:

Consulting (Management, Strategy, Project Management)

Contractors (MSPs and VMS)

Legal Services

Insurance

Translation Services

Conducting market tenders (RFPs, RFIs) including drafting and launching tool-based RF(x)s and managing the evaluation process via a cross-functional team to help clients determine supplier selection

Understanding complex business requirements in the areas listed above and shaping deals to meet those requirements with a capability to align outsourcing strategies to client organizational goals

Calculating financial baselines, pricing models and future case analysis from client data for use in developing negotiation strategies

Assess, analyze and drive savings opportunities

Negotiating deals to achieve optimal commercial terms

Be accountable for leading negotiations that yield the right business outcome, ensuring compliant contracting, performance management and issue resolution

Drafting contracts (review, redline/edit, review comments, identify business issues, legal issues) based on standard terms and conditions (including master agreements, task orders, change orders, amendments, etc.)

Documenting sourcing event workflow and related project admin within client and Chain IQ tools to capture final record closure

Maintaining market awareness for assigned categories and contributing to sourcing area plans including sound understanding and experience of outsourcing trends including digital transformation, Fintech collaboration, nearshoring, outsourcing, insourcing, risk management

Building relationships with key suppliers and multiple client groups

Adhering to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivering of sourcing initiatives, maintaining, and contributing to sourcing quality

Qualification

Contract negotiationSourcing strategiesVendor managementMicrosoft PowerPointMicrosoft ExcelContract draftingRelationship managementCommunication skillsTeam player

Required

Several years of experience with active contract and commercial sourcing negotiations across various professional services categories, with a strong focus and background in Consulting

Bachelor's Degree (Supply Chain concentration and/or MBA would be a plus)

Client/stakeholder focus within the corporate environment with the gravitas to influence senior stakeholders

Experience in relationship management, deal structuring (sole-sourced, RFP, eAuction), vendor management, and procurement

Advanced skills with Microsoft PowerPoint and Excel and database analytic tools and sourcing systems

Proven capability running multi-million-dollar sourcing projects

Experience with contracts and ability in contract drafting (including, but not limited to, Statements of Work, Supply Orders, Change Orders), with limited legal support

Excellent oral and written communication and negotiation skills

Ability to manage multiple priorities, often to tight deadlines, and deliver results

Professional team player - committed, motivated and flexible