Strategic Sourcing Analyst (S3)

Summary

Strategic Sourcing Analyst

We are seeking a Strategic Sourcing Analyst with strong, hands-on experience sourcing and negotiating Software as a Service (SaaS) and enterprise software agreements.

This role will own sourcing engagements across SaaS, software, cloud services, and other IT categories, taking projects from initial requirements through competitive bidding, supplier selection, negotiation, and contract execution.

You will work directly with stakeholders across IT, Finance, Legal, Procurement, Vendor Management, and Third-Party Risk while gaining exposure to high-value technology agreements and enterprise-wide sourcing initiatives.

Day to Day

• Lead end-to-end sourcing for SaaS, enterprise software, cloud services, and IT solutions.
• Manage sourcing engagements from intake and requirements gathering through vendor selection, negotiation, and contract execution.
• Develop and execute RFPs, RFIs, and RFQs for technology purchases and renewals.
• Lead competitive bidding events and objectively evaluate suppliers across pricing, functionality, service levels, commercial terms, and risk.
• Negotiate SaaS subscriptions, software licensing, pricing, renewals, commercial terms, and high-value technology contracts.
• Analyze proposals and total cost of ownership to identify savings, leverage, and negotiation opportunities.
• Partner with IT, Finance, Legal, Procurement, Vendor Management, and Third-Party Risk throughout the sourcing lifecycle.
• Support complex and enterprise-wide sourcing initiatives, including technology contracts valued at $250K+.
• Manage sourcing activity and documentation within procurement and ERP platforms.
• Present sourcing recommendations, financial analysis, and vendor-selection rationale to stakeholders.
• Support supplier performance, issue resolution, and ongoing supplier relationship management.
• Identify opportunities to improve procurement processes, sourcing efficiency, data visibility, and consistency.

Qualifications

• SaaS and software sourcing experience is a primary requirement for this position.
• 5+ years of procurement, strategic sourcing, or related experience.
• Demonstrated experience sourcing and negotiating SaaS and software agreements.
• Strong experience in IT procurement and technology sourcing, including software and/or cloud services.
• Experience negotiating software licensing, SaaS subscription pricing, renewals, commercial terms, and contract conditions.
• Proven ability to independently manage the strategic sourcing lifecycle, including RFx development, competitive bidding, supplier evaluation, and negotiation.
• Experience working with technology vendors and evaluating proposals based on cost, capabilities, service levels, and risk.
• Strong stakeholder-management skills with the ability to effectively partner with IT, Finance, Legal, Vendor Management, and Procurement.
• Strong analytical capabilities, including cost modeling, proposal analysis, and total-cost-of-ownership evaluation.
• Advanced Microsoft Excel skills and strong Microsoft PowerPoint capabilities.
• Experience working within a large enterprise procurement environment.

This role is based in Malvern, PA, within a professional corporate environment and is expected to operate in an office or hybrid work model, with a combination of onsite and remote work. Standard business hours are generally Monday through Friday.

Job Description

Strategic Sourcing Analyst

We are seeking a Strategic Sourcing Analyst with strong, hands-on experience sourcing and negotiating Software as a Service (SaaS) and enterprise software agreements.

This role will own sourcing engagements across SaaS, software, cloud services, and other IT categories, taking projects from initial requirements through competitive bidding, supplier selection, negotiation, and contract execution.

You will work directly with stakeholders across IT, Finance, Legal, Procurement, Vendor Management, and Third-Party Risk while gaining exposure to high-value technology agreements and enterprise-wide sourcing initiatives.

Day to Day

• Lead end-to-end sourcing for SaaS, enterprise software, cloud services, and IT solutions.
• Manage sourcing engagements from intake and requirements gathering through vendor selection, negotiation, and contract execution.
• Develop and execute RFPs, RFIs, and RFQs for technology purchases and renewals.
• Lead competitive bidding events and objectively evaluate suppliers across pricing, functionality, service levels, commercial terms, and risk.
• Negotiate SaaS subscriptions, software licensing, pricing, renewals, commercial terms, and high-value technology contracts.
• Analyze proposals and total cost of ownership to identify savings, leverage, and negotiation opportunities.
• Partner with IT, Finance, Legal, Procurement, Vendor Management, and Third-Party Risk throughout the sourcing lifecycle.
• Support complex and enterprise-wide sourcing initiatives, including technology contracts valued at $250K+.
• Manage sourcing activity and documentation within procurement and ERP platforms.
• Present sourcing recommendations, financial analysis, and vendor-selection rationale to stakeholders.
• Support supplier performance, issue resolution, and ongoing supplier relationship management.
• Identify opportunities to improve procurement processes, sourcing efficiency, data visibility, and consistency.

Qualifications

• SaaS and software sourcing experience is a primary requirement for this position.
• 5+ years of procurement, strategic sourcing, or related experience.
• Demonstrated experience sourcing and negotiating SaaS and software agreements.
• Strong experience in IT procurement and technology sourcing, including software and/or cloud services.
• Experience negotiating software licensing, SaaS subscription pricing, renewals, commercial terms, and contract conditions.
• Proven ability to independently manage the strategic sourcing lifecycle, including RFx development, competitive bidding, supplier evaluation, and negotiation.
• Experience working with technology vendors and evaluating proposals based on cost, capabilities, service levels, and risk.
• Strong stakeholder-management skills with the ability to effectively partner with IT, Finance, Legal, Vendor Management, and Procurement.
• Strong analytical capabilities, including cost modeling, proposal analysis, and total-cost-of-ownership evaluation.
• Advanced Microsoft Excel skills and strong Microsoft PowerPoint capabilities.
• Experience working within a large enterprise procurement environment.

This role is based in Malvern, PA, within a professional corporate environment and is expected to operate in an office or hybrid work model, with a combination of onsite and remote work. Standard business hours are generally Monday through Friday.