Strategic Sourcing Specialist

Role Overview:

The Senior Strategic Sourcing Analyst plays a key role in advancing sourcing execution across the organization. This role partners closely with Category Managers, Finance, and business stakeholders to deliver sourcing events, negotiate contracts, and provide insight-driven recommendations that influence supplier strategy and enterprise value. Operating with a high degree of independence, the Senior Analyst leads sourcing projects of medium to high complexity while managing a portfolio of renewals and tactical sourcing events with speed, accuracy, and sound judgment. This role also supports capability development within the Sourcing Hub through mentorship, process improvement, and consistent execution excellence. The Senior Analyst serves as the bridge between Sourcing Analysts and Category Managers, translating category strategy into actionable sourcing projects, ensuring operational excellence, and modeling the behaviors and standards of a high-performing sourcing organization.

What You'll Do:

• Lead Sourcing Execution: Independently manage a portfolio of concurrent sourcing projects, from renewals and tactical buys to medium- and high-complexity RFPs, ensuring accuracy, timeliness, and strategic alignment.
• Lead Sourcing Events & Negotiations: Own end-to-end sourcing events across assigned categories. Gather business requirements, evaluate suppliers, negotiate commercial terms, and deliver agreements that achieve best overall value.
• Mentor & Develop Analysts: Provide coaching, feedback, and quality oversight to Sourcing Analysts. Share best practices, review sourcing deliverables, and help build team capability in tools, processes, and supplier engagement.
• Partner Strategically with Stakeholders: Engage with internal partners to understand needs, clarify requirements, and influence sourcing decisions. Build trust and credibility by balancing urgency with strategic guidance.
• Partner Closely with Finance: Collaborate with Finance to validate budgets, forecast savings, and provide clarity into contract financials and details. Ensure all sourcing actions and agreements are aligned with enterprise standards and aligned with spend budgets.
• Analyze Spend & Supplier Performance: Develop deeper insights using spend data, supplier scorecards, and market benchmarks to identify cost-saving, efficiency, and consolidation opportunities. Present findings and recommendations to category and business leaders.
• Negotiate & Manage Supplier Relationships: Own direct negotiations for assigned categories and manage renewals or issue resolution with key suppliers. Apply strong commercial judgment to payment terms, risk, and service level commitments.
• Drive Process & Tool Improvements: Contribute to the evolution of sourcing playbooks, templates, and tools. Recommend automation or process enhancements to improve quality, efficiency, and compliance.
• Escalate & Govern Exceptions: Review requests outside of thresholds or sourcing policy, assess business justification, and partner with Category Managers or leadership for decision-making.
• Champion Sourcing Excellence: Model professionalism, collaboration, and continuous improvement in every engagement. Help build a sourcing culture that prioritizes data-driven decision-making, financial partnership, and enterprise alignment.