Technology Sourcing Analyst
Are you passionate about the chance to bring your experience to a world-class company that is market-leading for both content and technology? If yes, we are looking for you!
Join our team! We are seeking a Technology Sourcing Analyst to work collaboratively with a high achieving group of professional within Services organization. As a valued professional on our team you will be responsible for proactively maintaining and processing the pipeline of renewal projects in alignment with our established process. You will also help to support new purchases requests and ensure they are complying with purchasing policies, procedures, tools, and processes.
About the Role
In this opportunity as a Technology Sourcing Analyst, you will:
- Proactively manage assigned technology support/maintenance renewals. Ensuring visibility 90 days in advance of due date. Starting with the process to validate inventory with stakeholders, to budget validation and order placement, and through receipt of products and subsequent payment of invoices
- Ensure best practices are followed in the acquisition of goods or services by recommending appropriate suppliers, costs, and processes
- Must be able to understand individual purchase orders, blanket purchase agreements, basic ordering agreements, etc.
- Negotiating maintenance pricing with partners or re-sellers, while exceeding company financials goals
- Maintain communication with suppliers during procurement to ensure timely delivery while maintaining compliance with the requirements of the procurement documents
- Secure bids related to specific projects and renewals for internal stakeholders
- Raise new purchase requests and obtain financial approvals
- Verify active MNDA exists for each supplier prior to completing support renewal.
- Validate all quotes or bids against any contractual pricing or rate cards
- Participate in project teams, working with stakeholders and sourcing management
- Assist sourcing managers in contract close-outs or renewal extensions
- Create/run pipeline reports to determine upcoming contract obligations-
- Act as liaison between the stakeholder and the supplier to determine optimal approach to meeting validated business requirements.
- Provide feedback to stakeholders and management regarding status of projects and initiatives.
- Provide education and guidance to stakeholders regarding value of adopting and complying with purchasing policies, procedures, tools, and processes
About You
You’re a fit for the role if your background includes:
- Bachelor's degree.
- Fluent English is a must.
- Previous 2+ years procurement or vendor management experience is preferred
- Experience with procurement systems such as Ariba , SAP, and Fieldglass is a PLUS
- Experience in or aptitude for managing projects or a portfolio of initiatives with an understanding of general technology available in the market place environment.
- Ability to negotiate with suppliers and internal stakeholders
- Excellent relationship management skills
- Professional written and verbal communication skills.
- Strong skill in use of Microsoft Office
- Ability to collaborate with team members
- A self-starter with the ability to drive for results with some direction and desire to learn new skills
- Familiarity with budgets and billing processes
- Ability to meet tight deadlines in a fast-paced and challenging environment
- Ability to manage multiple projects within tight timelines
- Ability to manage workload independently
- Support senior team members to streamline the renewal process with other departments and implement best practices across business units.
#LI-ZM1
What’s in it For You?
Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.
Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.
Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.
Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.
Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.
Making a Real-World Impact: We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.
About Us
Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.
We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments. At a time when objectivity, accuracy, fairness, and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.
As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity Employer providing a drug-free workplace.
We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law. More information on requesting an accommodation here.
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More information about Thomson Reuters can be found on thomsonreuters.com.
