Strategic Sourcing Lead (IT)

Strategic Sourcing Lead (IT)

Posted 3 days ago by Eden Scott on Linkedin

Negotiable
Undetermined
Undetermined
Edinburgh, Scotland, United Kingdom

Summary: The Strategic Sourcing Lead (IT) role involves overseeing procurement activities for a globally recognized organization in the investment and risk management sector. The position requires strategic thinking and expertise in IT procurement, including contract negotiation and supplier relationship management. This is a 6-month temporary assignment aimed at developing sourcing strategies and optimizing vendor agreements. The ideal candidate will have extensive experience in procurement within financial services and strong stakeholder management skills.

Key Responsibilities:

  • Advise senior leadership on procurement strategies.
  • Develop and execute cost-effective sourcing plans.
  • Manage supplier relationships and negotiate contracts.
  • Conduct market research to identify trends and risks.
  • Lead contract negotiations with IT service providers.
  • Implement cost-saving initiatives without quality compromise.
  • Assess supply chain risks and ensure business continuity.
  • Collaborate with Finance, Legal, Risk, and Technology teams.
  • Mentor junior team members.

Key Skills:

  • 6-10+ years in procurement, strategic sourcing, or vendor management.
  • Experience working within financial services.
  • Strong knowledge of IT procurement trends and contract negotiation.
  • Experience in competitive bidding and supplier selection.
  • Skilled in contract negotiation with IT, SaaS, and telecom providers.
  • Expertise in financial modelling and data-driven decision-making.
  • Strong stakeholder management and communication skills.
  • Proficiency in Microsoft Office and AI-driven procurement tools.
  • Bachelor’s degree in a relevant field; an advanced degree is a plus.

Salary (Rate): undetermined

City: Edinburgh

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: IT