Apply on Employer Site

Vanguard · 3 weeks ago

Strategic Sourcing Analyst, Specialist

Malvern, PA

Full-time

Hybrid

Senior Level

5+ years exp

Vanguard is a leading investment management company dedicated to the long-term financial wellbeing of its clients. The Strategic Sourcing Analyst will manage high complexity strategic sourcing transactions, analyze supply market data, and ensure compliance with sourcing processes while building relationships with suppliers.

FinanceFinancial Services

No H1B

Responsibilities

Serves as a subject matter expert in managing high complexity strategic sourcing transactions, negotiations, and supplier selection for products and services. Manages relationships for suppliers within category. Executes category strategy to drive maximum value

Performs supply market data analysis and recommends suppliers and vendors to the business. Identifies and is knowledgeable of industry trends and category strategies to recommend linkages to business needs. Coaches team members on supply and market analysis

Drives engagements, resolves escalated and complex issues and involves stakeholders as needed. Interfaces with other sourcing operations teams, business leaders and legal & risk partners for each transaction

Interprets and communicates contract requirements, obligations, and risk exposures to key stakeholders, including sourcing professionals and business leaders. Performs regular performance monitoring and reviews of key suppliers

Champions sourcing process compliance. Educates key stakeholders about commercial, legal, policy and other considerations in support of the negation process

Ensures supplier and contract data is submitted or entered into the management systems and databases

Participates in special projects and performs other duties as assigned

Qualification

Strategic sourcingSupplier negotiationSupply market analysisProcurement experienceRelationship managementContract interpretationStakeholder communicationProject participation