Sourcing Methodology (SMO) Analyst

Sourcing Methodology (SMO) Analyst

Coppell, TX (Hybrid-remote: 3 days onsite per week)

6 months (should be extended)

CookSystems

Rate: $45-55/hr on W2 

 

Acts as an IT sourcing subject matter expert using the Sourcing Methodology for the planning, due diligence, contract negotiations, and governance process for IT spend. Conducts spend analysis, identifies opportunities, coordinates and collaborates with internal stakeholders on complex sourcing events and leads key initiatives.

Ensures adherence to corporate contracting standards and policies. Develops robust sourcing strategies to maximize value and minimize risk. Solicits / analyzes request for proposals; negotiates contracts and collaborates with Legal Department on contract terms and contract execution. Establish a supplier relationship management process focused on continuous improvement. Monitors market dynamics and communicate changes to internal stakeholders. Contributes to new supplier selection process and developing and maintaining supplier relationships.

Serves as the primary point of contact to assigned business units for sourcing needs.

Monitor the financial and market performance of the suppliers to identify potential supplier viability risks, communicate the risks to stakeholders and develop a risk mitigation action plan in conjunction with IT Strategy.

Look for opportunity to optimize supplier spend and value by combining, terminating or extending contracts according to organizational objectives.

Regularly review contracts with organizational stakeholders to ensure pricing models, usage, and service levels are current and optimized and that the supplier adheres to all terms and conditions.

Responsible for continuous quality, service, satisfaction and cost from suppliers to support efficient business operations.

Responsible for working with subject matter experts to gather and assess business requirements. Maintains a high degree of confidentiality specific to ITS data (including budget) and contract terms/ conditions and ITS related organization planning.

 

Required:

Must have excellent written communication skills to effectively and accurately convey detailed and complex information regarding contract specifications, policies and procedures to consultants/contractors and internal clients

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, technology contracts.

Prior experience supporting enterprise‑level sourcing or procurement transformation initiatives preferred.