Sr. Sourcing Analyst – Technology Renewal Desk

Description:

Sr. Sourcing Analyst Technology Renewal Desk

As the Sr. Sourcing Analyst supporting the Strategic Sourcing Technology team s Renewal Desk, you will own end-to-end management of *** s technology renewals. This role is focused on driving cost savings in software and hardware and optimizing *** s technology investments. In collaboration with Finance and Technology partners, you will help optimize license usage and support and maintenance plan usage while ensuring renewals are executed timely, accurately, and in alignment with business needs.

A day in the life...
Proactively lead and support all software and hardware renewals from initial assessment through PO requisition
Maintain and proactively update a centralized renewals calendar to prevent service lapses and maximize planning visibility
Partner with Technology stakeholders to lead the identification of usage gaps and drive optimization of licenses and support services
Engage stakeholders to gather and analyze usage data, assist in forecasting future usage needs, and identify cost-saving opportunities
Request and compare supplier quotes
Lead commercial negotiations with software and hardware suppliers to achieve cost savings and secure favorable license use requirements
Conduct financial analysis to recommend renewal options to stakeholders that align with budget and business objectives
Accurately track and report cost savings and renewal metrics


You own this if you have...
A Bachelor s degree or equivalent experience.
3 years of experience in technology sourcing or contract management, with exposure to software and hardware renewals.
Strong understanding of software licensing structures, pricing models, audit practices, and supplier performance frameworks.
Proven ability to negotiate commercial terms that deliver cost savings, mitigate risk, and align with business objectives.
Successfully worked independently in a fast-paced, high-volume environment, managing multiple renewals and prioritizing workload.
Strong analytical skills and experience conducting financial analysis, including TCO, to support renewal decisions.
Strong attention to detail and organizational skills, with a proactive mindset and commitment to continuous improvement and collaboration.
Ability to adapt to evolving technology landscapes and pivot renewal strategies in response to changing business needs.
Strong proficiency with O365, BI apps, contract lifecycle management tools, and source-to-pay tools.