Strategic Sourcing Analyst

• Title: Strategic IT Procurement & Sourcing Specialist
• Location: Holyoke, MA
• Duration: 6 months contract

Key Responsibilities:

• Strategic Sourcing
• Serve as a procurement partner for IT-related spend categories, including software, SaaS, hardware, cloud services, telecommunications, and professional services.
• Support sourcing activities across additional indirect and direct spend categories as needed.
• Lead and support RFIs, RFQs, RFPs, supplier evaluations, and competitive bidding events.
• Negotiate pricing, contract terms, statements of work, and renewals to achieve optimal commercial outcomes.
• Identify opportunities to consolidate suppliers, contracts, and renewals across the organization to leverage purchasing volume and improve pricing.
• Conduct spend analysis, market research, and supplier benchmarking to support sourcing decisions.
• Partner with stakeholders to develop sourcing strategies that balance cost, quality, service, and business requirements.
• Support supplier performance management and relationship development.
• Purchasing Operations
• Create, review, and process purchase requisitions and purchase orders in accordance with company policies and procedures.
• Manage purchase order revisions, change orders, amendments, and closeout activities.
• Facilitate contract renewals and amendments while ensuring compliance with procurement requirements.
• Maintain accurate procurement records, pricing information, contracts, and supplier documentation.
• Coordinate with Accounts Payable, Legal, Finance, and suppliers to resolve purchasing, invoicing, and contract-related issues.
• Monitor open purchase orders and ensure timely follow-up and completion.
• Support procurement reporting, spend analysis, savings tracking, and supplier metrics.
• Required Skills & Qualifications:
• 5+ years of procurement, purchasing, and strategic sourcing experience, with a strong preference for technology-related products and services, including software, SaaS, hardware, cloud services, and professional services.
• Demonstrated negotiation and supplier management expertise, with a proven ability to secure favorable pricing, contract terms, and measurable cost savings.
• Experience reviewing, negotiating, and managing contracts, renewals, amendments, and supplier agreements, while identifying opportunities for spend consolidation, supplier rationalization, and procurement optimization.
• Strong relationship-building and communication skills, with the ability to effectively partner with IT and business stakeholders while balancing operational needs, risk, and cost objectives.
• Highly analytical, detail-oriented, and organized, with strong problem-solving skills and the ability to manage multiple priorities, sourcing initiatives, and procurement transactions simultaneously.
• Proficiency with ERP and procurement systems, Microsoft Excel, and Microsoft Office applications, including experience supporting purchasing operations such as requisitions, purchase orders, and spend analysis.
• Preferred Qualifications:
• Knowledge of software licensing models, SaaS agreements, cloud services, and IT supplier ecosystems.
• Experience supporting procurement transformation or centralization initiatives.
• Familiarity with supplier relationship management and procurement best practices.