Strategic Sourcing Associate jobs in United States
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Donnelley Financial Solutions (DFIN) · 2 days ago

Strategic Sourcing Associate

Donnelley Financial Solutions (DFIN) is seeking a Strategic Sourcing Associate to manage the procurement and strategic development of materials and services. The role involves overseeing vendor relationships, executing procurement activities, and ensuring alignment with business needs and compliance requirements.

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Responsibilities

Establish and maintain a portfolio of vendor agreements and supplier relationships for DFIN’s vendors
Work in a team environment to implement global sourcing and supplier strategies in correlation with market trends, business needs, and competitive landscape creating company roadmap for short, medium, and long-term gains
Negotiate contracts, pricing, and terms with vendors
Leverage both current and new supplier relationships to drive cost reductions, manage long-term agreements, and form strategic partnerships that enhance the supplier portfolio to provide positive financial impacts and increased stability
Collaborate with cross-functional business teams to draft and negotiate MSAs and SOW’s that align with strategic objectives, clearly articulate business requirements to suppliers, and effectively support the operational needs of each business unit
Conduct thorough RFI/RFP process and supplier selection in order to achieve cost targets, adhere to contractual requirements, and follow strategic plans
Initiate benchmark analysis to identify potential cost gaps and ensure price alignment across commodities
Coordinate with purchase requisitioners to generate purchase orders that align with Master Product and Service Agreements and support annual budgetary planning and compliance
Collaborate effectively across all organization levels and functions to drive business units toward common goals and objectives that are in alignment with procurement initiatives
Conduct commodity and supplier analysis to recognize and implement potential opportunities, gaps and risk analysis, and areas for efficiency gains
Ensure the organization’s procurement and contracts (and contract management) policies, processes, procedures, standards, and guidelines are followed
Ascertain relevant market knowledge and best practices to offer alternative/improved solutions driving improvements in business operations

Qualification

IT ProcurementContract NegotiationSupplier Relationship ManagementSAPProject ManagementAnalytical AptitudeExcelMS Office SuiteCritical ThinkingInterpersonal Skills

Required

Bachelor's degree in business, Supply Chain, or related field
3-5 years' experience in Purchasing as a Buyer, preferably in IT Procurement with a focus on vendors in IT Software, SaaS, Infrastructure, Network/Telecom space

Preferred

Experience in effectively managing supplier relationships
Experience in negotiating contracts relating to corporate business units
Working knowledge and understanding of NDAs, MSAs, EULAs, SOWs and DPAs
Demonstrate a solid understanding of legal terminology, contracts, contract language, contract terms and conditions, and contract redlining
SAP experience is a plus
Demonstrate ability to use critical thinking when analyzing and resolving issues
Demonstrate foundational project management skills and the ability to manage multiple tasks and priorities in a dynamic environment
Strong interpersonal, problem-solving, and project management skills required
Well-versed negotiation skills with capability to employ creative measures to achieve optimal results
Excel, MS Office Suite intermediate skills a must
Robust analytical aptitude to generate business cases and sourcing opportunities

Company

Donnelley Financial Solutions (DFIN)

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DFIN is the leading global provider of compliance and regulatory software and services, fueling end-to-end investment company regulatory compliance needs, complex capital markets transactions, and essential financial reporting at every stage of the corporate lifecycle.

Funding

Current Stage
Late Stage

Leadership Team

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Chris Benes
Senior Vice President, Global Site Reliability Engineering and Cloud Operations
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