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Strategic Sourcing Lead

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Insight Global
Full Time position
Listed on 2026-02-07
Job specializations:
  • IT/Tech
    Business Systems/ Tech Analyst
  • Business
    Business Systems/ Tech Analyst
Job Description & How to Apply Below

This range is provided by Insight Global. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$/yr - $/yr

Required Skills & Experience
  • 5+ years of procurement/strategic sourcing experience, including leading small-to-medium negotiations and running sourcing events
  • Strong analytical skills:
    Excel/Sheets (pivot tables, lookups, Power Query), TCO and price/cost analysis
  • Working knowledge of commercial contracting (SLAs, warranties, data privacy, liability caps, confidentiality, basic IP) and experience partnering with Legal
  • Proficiency with eSourcing and CLM tools; familiarity with spend analytics platforms
  • Basic knowledge and use of AI Tooling (Gemini, Claude, Anthropic, etc.)
  • Excellent organization, attention to detail, communication, and stakeholder management
Nice to Have Skills & Experience
  • Certifications preferred: CPSM, CIPS, CSCP (or in progress)
  • Power BI/Tableau experience for data visualization
  • Finance / Technology / Fintech background
Job Description

The Strategic Sourcing Lead drives value delivery across assigned subcategories by leading low-to-medium complexity sourcing events, negotiating small-to-medium contracts under approved playbooks, performing advanced spend and market analyses, and improving supplier performance. This role operates with moderate autonomy, partners closely with cross-functional teams, and helps shape category plans through data-driven insights and disciplined execution.

  • Manage and negotiate SaaS renewals:
    Maintain 12–18 month pipeline, oversee vendor contracts renewals and manage renewals
  • Lead negotiations:
    Use external pricing data to set negotiation targets, and apply playbooks (price locks, CPI caps, step-downs, proration, true-up relief, downgrade rights); create credible switch options.
  • Contract oversight:
    Review terms, compare in Evisort, and ensure repository accuracy (no drafting of contracts involved).
  • Vendor management:
    Maintain scorecards/QBRs; drive performance reviews, roadmaps, SLA tracking, remediation.
Seniority level
  • Mid‑Senior level
Employment type
  • Full‑time
Job function
  • Human Resources
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