LogicSource Overview
LogicSource is an innovative leader in sourcing and procurement services, we help companies increase profits through better buying. LogicSource® is owned and operated by an experienced group of global business veterans who came together under the common goal to radically change the way sourcing and procurement works. We’ve reinvented sourcing and procurement with an execution-based, fully transparent business model that ensures clients don’t spend a dime until they see results.
Our people gain exposure to projects and clients spanning a broad set of categories across multiple industries. Opportunities for getting involved, whether working across functions or learning a new category abound.
Our business model reflects our culture – radically different and rife with opportunity to make a difference. Our professionals enjoy the intellectual stimulation, challenge and satisfaction that only a sophisticated organization, coupled with relevant and meaningful business challenges to solve, can afford.
Position Summary:
The Technology Sourcing Contractor negotiates business partnerships by leveraging market intelligence and your own experience as a sourcing and/or legal professional. You’ll navigate across the Company to negotiate contracts and renewals across all Indirect categories. Candidates will be responsible for executing on high-volumes of transactional work by working independently in ambiguous environments. A sense urgency, attention to detail, and a collaborative work ethic is essential. This position will be hybrid with the expectation to be in office 3-4 days a week.
Responsibilities:
Meet or exceed Sourcing Department’s performance targets in all categories.
Leverage data-driven interpretations and key financial data in order to negotiate and close high volumes of technology contracts
Execute targeted direct negotiations with suppliers in an effort to maintain optimal pricing and contract terms as part of renewal/executions.
Demonstrate learning agility by quickly coming up to speed on new or unfamiliar categories with the aim of successfully negotiating a contract and/or renewal.
Thrive in ambiguity while navigating across the organization as a negotiator.
Interact with all organizational levels and demonstrate a professional presence
Use financial modeling to predict contractual impacts and for leverage in negotiations
Improve purchasing compliance to procurement policy and category strategy
Optimize contract terms and savings opportunities
Understand supply and demand and routinely conduct research to stay informed of market conditions
Assist business partners and sourcing teammates with supplier selection, price negotiation, and bid evaluation processes Obtaining data and information from internal resources, clients, suppliers, and systems
Liaise with Legal to negotiate terms of contracts between the supplier and the business
Participate in negotiation strategy development and the competitive negotiation process including execution of NDAs, SOWs, MSAs, etc.
Communicate regularly and proactively with business partners and other stakeholders
Provide input and data analysis on the sourcing process, spend management, and benefits
Build relationships and effectively partner across varied functions with internal stakeholders, external suppliers, agencies, and colleagues to influence change
Required Education and Experience
2-5 years of professional experience in management consulting, strategic sourcing, law, or supply chain.
Bachelor's degree in business administration, supply chain management, or related discipline; MBA, JD, or advanced degree advantageous, but not required.
Understanding of supplier base, market trends, pricing models and contract structures
Risk and financial modeling skills
Project management experience and Proficient in MS Office Suite
Excellent planning and prioritization skills with the ability to multitask and maintain performance by adapting to change
Demonstrated skill in planning and leading negotiations
Excellent verbal, presentation, and written skills
A "can-do" approach with demonstrated high-levels of motivation
Travel
This position will require minimal travel.
Other Duties
This Position Description is not an exhaustive list of the duties and responsibilities, and the employee is expected to perform other duties as necessary and assigned. The duties and responsibilities of this position may be modified at any time to meet changing business needs.
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