Sourcing Analyst

This is a 12-month contract position for a Sourcing Analyst based in Memphis, Tennessee. The role focuses on IT sourcing and technology contract management, including hands-on contract review, commercial negotiations, RFP support, spending analysis, and supplier performance oversight.

Responsibilities

• Plan and carry out IT sourcing activities, including due diligence, sourcing strategies, complex sourcing events, and initiatives that improve supplier value and reduce risk.
• Gather and assess business requirements with subject matter experts; solicit and evaluate proposals and support supplier selection.
• Review and redline technology agreements in collaboration with Legal, negotiate commercial terms, and coordinate with suppliers and business stakeholders to resolve contract issues and move agreements through execution.
• Apply contracting standards and policies, and protect confidential technology budgets, contract terms, and organizational plans.
• Serve as the sourcing contact for assigned business groups and maintain supplier relationships focused on continuous improvement.
• Analyze spending and identify opportunities to improve value by consolidating, extending, or ending contracts in line with business objectives.
• Review pricing models, usage, service levels, and contract compliance with stakeholders; work with suppliers to improve quality, service, satisfaction, and cost.
• Monitor supplier financial performance and market conditions, communicate viability risks, and develop mitigation plans with technology strategy stakeholders.

Qualifications

• Required

• 3+ years of experience in IT sourcing, procurement, vendor management, or strategic sourcing.

• Proven experience supporting complex sourcing events, RFP processes, and contract negotiations.

• Experience working with IT vendors and technology contracts.

• Excellent written communication skills, including the ability to accurately explain detailed and complex contract specifications, policies, and procedures to consultants, contractors, and internal clients.

• Preferred

• Experience supporting enterprise-level sourcing or procurement transformation initiatives.