Contract Negotiation Specialist

Remote Sourcing Specialist Apex is in need of a remote sourcing specialist for a large 500 organization based in Cincinnati, OH. This is a 100% remote 1+ year contract role. Perform market trend analysis, external benchmarking, spend analysis, supplier rationalization and development, supplier risk, performance and compliance monitoring, and ongoing supplier management for the organization for the IT commodity. Procure IT requirements while meeting business expectations: Process annual renewals without disruption of support Validate services and costs through contract documents for each type of IT commodity Negotiate cost overages, policies or contractual terms and conditions Facilitate purchase orders process with stakeholders and deliver follow up requirements as appropriate Providing guidance in the supplier selection, qualification, development, and overall supplier management, including: Drafting, managing and terminating contracts Executing cost reduction projects through contract negotiation, process changes, and implementation of sustainable cost controls, including collaboration with Finance to validate the impact of projects and contract negotiations Perform proper cost analysis of renewals and new requirements Provide periodic reports to Sourcing leaders and stakeholders Identify and assess supplier capabilities; measure and manage supplier performance as well as maintain current supplier information in procurement systems. Store all documents associated with renewal, including pertinent emails.