Sourcing Analyst; Technology
Job in
Chicago, Cook County, Illinois, 60290, USA
Listed on 2026-01-26
Listing for:
Kirkland & Ellis
Full Time
position Listed on 2026-01-26
Job specializations:
-
Business
Business Analyst, Business Development, Business Systems/ Tech Analyst, Business Consultant
Job Description & How to Apply Below
What You’ll Do
Are you driven by contract negotiations, market insight, strategic business decisions—and excited to help shape how a dynamic organization sources and procures technology and professional services? As a Sourcing Analyst, you’ll support Procurement strategies by negotiating commercial terms, evaluating vendors, conducting market research, and conducting pricing analysis across technology-related goods and services, including professional services, software acquisitions, and renewals. Working closely with internal stakeholders and senior team members, you’ll help align sourcing strategies with business needs while ensuring a seamless, compliant, and value-driven procurement experience.
- End-to-End Sourcing Support:
Lead the full procurement lifecycle for projects within assigned categories—tracking progress, resolving issues, and proactively communicating with stakeholders, vendors, and Procurement team members. - Contract Lifecycle Management:
Track and manage expiring agreements within assigned categories to support timely renewals or re-sourcing decisions. - Negotiation Support:
Lead pricing and contract negotiations for assigned categories, preparing negotiation strategies, materials, and pricing models to maximize value and mitigate risk. - Commercial Review:
Analyze vendor quotes, order forms, and statements of work to identify opportunities to strengthen commercial terms and overall engagement value. - RFx Management & Pricing Analysis:
Create and administer vendor requests (Request for Information, Proposal, or Quote (RFx)), evaluate responses, and develop pricing analysis for stakeholder and senior team review. - Market Research & Due Diligence:
Conduct market research, supplier due diligence, and competitive benchmarking to assess vendor capabilities, pricing strategies, and market trends. - Legal
Collaboration:
Partner closely with Procurement Counsel during contract review and negotiation, ensuring complete and accurate documentation throughout the process. - Stakeholder Partnership:
Build strong relationships with internal business services professionals to understand business requirements, service objectives, and strategic initiatives impacting vendor services. - Process Guidance & Compliance:
Guide stakeholders through required Procurement processes, clearly communicating policies and best practices to support compliance and efficiency. - Category & Market Insight:
Monitor category trends, benchmarks, and best practices while supporting cost-reduction initiatives such as vendor consolidation, value engineering, and alternative sourcing options. - Risk & Continuity Support:
Assist in identifying and monitoring supply chain risks—including supplier disruption, quality concerns, geopolitical factors, and regulatory compliance—to help ensure continuity.
- Bachelor’s degree, preferably in Finance, Supply Chain, Operations, or Project Management, is required; with 3+ years of experience in Procurement, Sourcing, and Vendor Management functions, demonstrating strong foundational knowledge.
- Category Expertise:
Experience with technology-related categories, including software licensing and subscriptions and complex professional services (e.g., managed services, consulting, outsourced staffing), strongly preferred. - Customer Service:
Strong customer service and professional judgment. - Analytical & Communication
Skills:
Demonstrated analytical, organizational, and interpersonal skills. - Independent Work Style: A self-starter with intellectual curiosity, strong attention to detail, effective time management, and the ability to apply learnings across similar projects and transactions.
- Adaptability & Growth Mindset:
Coachable, adaptable, and committed to continuous improvement. - Industry Exposure:
Prior experience in a law firm or professional services environment, along with advanced financial analysis or process management skills, is a plus. - Technology:
Advanced proficiency with Microsoft Office (MS Office), particularly Excel; experience with spend analytics, contract databases, ticketing or workflow tools, and procure-to-pay (P2P) systems strongly preferred.
If you’re energized by creating measurable…
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