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Strategic Sourcing Lead

chicago, il • Posted 1 weeks ago
Onsite Contract Management & Operations

This range is provided by Insight Global. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$115,000.00/yr - $130,000.00/yr

Required Skills & Experience

  • 5+ years of procurement/strategic sourcing experience, including leading small-to-medium negotiations and running sourcing events
  • Strong analytical skills: Excel/Sheets (pivot tables, lookups, PowerQuery), TCO and price/cost analysis
  • Working knowledge of commercial contracting (SLAs, warranties, data privacy, liability caps, confidentiality, basic IP) and experience partnering with Legal
  • Proficiency with eSourcing and CLM tools; familiarity with spend analytics platforms
  • Basic knowledge and use of AI Tooling (Gemini, Claude, Anthropic, etc.)
  • Excellent organization, attention to detail, communication, and stakeholder management

Nice to Have Skills & Experience

  • Certifications preferred: CPSM, CIPS, CSCP (or in progress)
  • Power BI/Tableau experience for data visualization
  • Finance / Technology / Fintech background

Job Description

The Strategic Sourcing Lead drives value delivery across assigned subcategories by leading low-to-medium complexity sourcing events, negotiating small-to-medium contracts under approved playbooks, performing advanced spend and market analyses, and improving supplier performance. This role operates with moderate autonomy, partners closely with cross-functional teams, and helps shape category plans through data-driven insights and disciplined execution.

  • Manage and negotiate SaaS renewals: Maintain 12–18 month pipeline, oversee vendor contracts renewals and manage renewals
  • Lead negotiations: Use external pricing data to set negotiation targets, and apply playbooks (price locks, CPI caps, step-downs, proration, true-up relief, downgrade rights); create credible switch options.
  • Contract oversight: Review terms, compare in Evisort, and ensure repository accuracy (no drafting of contracts involved).
  • Vendor management: Maintain scorecards/QBRs; drive performance reviews, roadmaps, SLA tracking, remediation.

Seniority level

  • Mid‑Senior level

Employment type

  • Full‑time

Job function

  • Human Resources

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