IT Sourcing Contract Manager jobs in United States
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Loews Hotels & Co · 19 hours ago

IT Sourcing Contract Manager

Loews Hotels & Co is a leading owner and operator of luxury hotels with a portfolio consisting of 26 hotels and resorts in the United States. They are seeking an IT Sourcing Contract Manager to provide sourcing and contracting direction, develop partnerships with internal stakeholders, and execute sourcing strategies for IT services and products. This role requires strong analytical skills and the ability to manage supplier relationships while ensuring alignment with business needs.

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Responsibilities

Build/establish and maintain strong, collaborative relationships with financial, operational, and IT internal stakeholders to ensure complete understanding of the business needs and alignment in development and execution of sourcing initiatives
Build and maintain strategic supplier partnerships; hold suppliers accountable for meeting performance standards, ensuring quality, and delivery of contractual commitments
Conducts supplier quarterly performance reviews, bid evaluations, contract assessments, and comprehensive product evaluations to ensure alignment with quality, cost, and service expectations
Proactively assess sourcing opportunities by analyzing IT spend data, identifying category purchasing trends, evaluating market conditions, and reviewing expiring contracts to develop data-driven strategic sourcing recommendations
Leverage e-Business tools including RFP platforms, spend analytics, supplier intelligence, competitive bidding, and contract lifecycle management systems to drive sourcing efficiency and informed decision-making
Acquire and maintain a strong technical understanding of the services and products sourced to ensure informed decision-making and effective supplier management
Lead and execute sourcing, negotiation, and pricing strategies for multiple supplier agreements concurrently across national, multi-location, and single-property environments
Prepare and develop RFPs, identify and evaluate qualified suppliers in accordance with Loews standards, analyze and present vendor RFP responses to executive leadership, conduct strategic negotiations, and provide well-supported business case recommendations
Responsible for contract execution in coordination with Legal, Risk Management, and IT Governance, ensuring timely delivery of goods and services
Manages Information Technology (IT) service and supply contract renewals and terminations, ensuring optimal contract terms and coverage
Adhere to sourcing strategies by evaluating sourcing alternatives, identifying the optimal sourcing methodology, and establishing project plans and timelines to deliver effective value-driven sourcing solutions
Create comprehensive project plans, timelines, and key milestone benchmarks to ensure the timely and efficient execution of business needs
Read, interpret, have a clear understanding, and communicate technology contract terms
Identify, track, and report annual cost savings achieved against budget; prepare and present findings to the Associate Director, Hotel Acquisition & Operating Analytics & IT Leadership
Works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors
Provide regular status updates on all initiatives to the Associate Director, Hotel Acquisition & Operating Analytics and IT Leadership; proactively and promptly escalate issues and request support to resolve roadblocks to maintain momentum
Develop and deliver executive-level PowerPoint presentations to leadership, effectively communicating sourcing strategies, insights and outcomes
May be required to work varying schedules to reflect business needs

Qualification

Technology sourcing experienceIT hardware procurementIT software procurementSaaS solutions procurementSpend analytics toolsE-Procurement toolsMS WordMS ExcelMS PowerPointAnalytical skillsSupply chain knowledgeTechnical sourcing knowledgeRFP Software ExperienceCommunication skillsTime managementOrganizational skillsProblem-solving skills

Required

Minimum 2+ years of relevant Technology sourcing and procurement experience, with a focus on IT hardware, software and SaaS solutions
Strong analytical, business process analysis, and problem-solving capabilities
Skilled with technology-based systems, including spend analytics and e-procurement tools
Advanced knowledge of MS Word, Excel, and PowerPoint
Exceptional written and verbal communication/interpersonal skills
Exceptional presentation and communication skills
Ability to interpret specifications and use sound judgment to make business decisions
Effective time management and organizational skills
High motivation and results-oriented work ethic
Willingness to learn and understand sourcing best practices
Supply chain knowledge
Technical sourcing process knowledge
Advanced knowledge of IT sourcing & procurement techniques, tools, practices, and principles
Ability to conduct analyses required during a sourcing initiative
Ability to build strong relationships with suppliers
Ability to manage more than one initiative at once
Strong attention to detail and process orientation
Ability to perform analysis and interpret the results into actionable steps
Comfortable with a constantly evolving environment
Team player, self-starter, and quick learner with interpersonal and solution-oriented attitude and an ability to effectively operate with high energy and flexibility in a fast-paced cross-functional environment; able to prioritize tasks and projects accordingly
Keen analytic, organizational, and problem-solving skills that enable sound decision making
Mid-Level Excel, PowerPoint & Word Skills
Knowledge & Use of Smartsheet

Preferred

RFP Software Platform Experience
Job Types: Contract, Temporary

Benefits

Competitive health & wellness benefits, 401(k) & company match
Paid Sick Days, Vacation, and Holidays, Paid Bereavement
Pet Insurance and Paid Pet Bereavement
Training & Development opportunities, career growth
Tuition Reimbursement
Team Member Hotel Rates, other discounts, perks and more

Company

Loews Hotels & Co

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Loews Hotels & Co was founded in 1960 and continues to own and operate hotels and resorts in the United States.

Funding

Current Stage
Late Stage

Leadership Team

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Alex Tisch
President & CEO
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Kristie Goshow
Chief Commercial Officer (CCO)
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Company data provided by crunchbase