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Strategic Sourcing Lead
Strategic Sourcing LeadApex Fintech Solutions • Chicago, IL, US
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Strategic Sourcing Lead

Strategic Sourcing Lead

Apex Fintech Solutions • Chicago, IL, US
30+ days ago
Job type
  • Full-time
Job description

Strategic Sourcing Lead

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.

Duties/Responsibilities

  • Own the SaaS renewals pipeline: maintain a 1218 month calendar with 180/120/90/60-day gates; prevent auto-renewals.
  • Analyze entitlements/usage; right-size licenses and consumption; vendor consolidation; rationalize overlapping apps.
  • Use an external benchmarking service to understand market pricing/terms and develop negotiation strategy and targets.
  • Lead negotiations for renewals and small tech buys under playbooks (price locks, CPI caps, step-downs, ramp/proration, true-up relief, downgrade rights); create credible switch leverage when appropriate.
  • Review and interpret contracts and amendments; compare terms in Evisort; ensure repository accuracy and version control (no drafting of contracts).
  • Maintain supplier scorecards/QBRs; strengthen vendor partnerships through performance reviews, joint roadmaps, SLA tracking, and remediation.
  • Limited RFx: run light competitive quotes when needed; document awards and outcomes.

Education and/or Experience

  • Bachelor's degree in Supply Chain, Business, Finance, or related field
  • 5+ years of procurement/strategic sourcing experience, including leading small-to-medium negotiations and running sourcing events
  • Certifications preferred: CPSM, CIPS, CSCP (or in progress)

Required Skills/Abilities

  • Strong analytical skills: Excel/Sheets (pivot tables, lookups, PowerQuery), TCO and price/cost analysis; data visualization (Power BI/Tableau) a plus
  • 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
  • Excellent organization, attention to detail, communication, and stakeholder management; ability to juggle multiple priorities and deadlines

Work Environment

  • This job operates in a hybrid, office environment 3 days per week.

Our Rewards

We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. At AFS, we offer a hybrid work schedule for most roles that allows employees to have the flexibility of working from home and one of our primary offices.

Salary Range

$99,000-$123,750

The annual base salary range for this position is noted above. Exact compensation offered may vary depending on job-related knowledge, skills, experience, and office location.

EEO Statement

Apex Fintech Solutions is an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.

Disability Statement

Apex Fintech Solutions is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please submit your request via the Candidate Accommodation Requests Form.

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Strategic Sourcing Lead • Chicago, IL, US

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