Who We Are
FTI Consulting is the world’s leading expert-driven consulting firm. Over the last 40 years, FTI Consulting experts have served as the trusted advisor to Fortune 500 companies and the world’s leading law and private equity firms when they are facing their greatest opportunities and challenges. Our strong performance and continued success are a direct reflection of the ambition, energy and commitment of our talented professionals across the globe to make a positive impact for our clients and communities.
At FTI Consulting, you’ll work side-by side with leaders who have shaped history, helping solve the biggest challenges making headlines today. From day one, you’ll be an integral part of a focused team where you can make a real impact. You’ll be surrounded by an open, collaborative culture that embraces diversity, recognition, professional development and, most importantly, you.
Are you ready to make your impact?
About the Role
FTI Consulting, Inc. is looking for a mission-focused, detail-oriented, and process-minded individual to support the company’s global procurement function, who will report to the Senior Procurement Manager. The Senior Sourcing Analyst is a global procurement professional responsible for leading the sourcing process for goods and services within a company, utilizing data analysis to identify cost-saving opportunities, negotiating favorable contracts with suppliers, managing supplier relationships, and collaborating with cross-functional teams to optimize procurement strategies, all while ensuring compliance with company policies.
A successful Senior Sourcing Analyst will bring extensive experience in sourcing, market research, contract negotiation, and data analysis, often acting as a subject matter expert within a specific category area. Strong negotiation skills and ability to build relationships with suppliers. The person in this role must have excellent communication and interpersonal skills to collaborate effectively with cross-functional teams. They need an understanding of market dynamics and industry trends within relevant procurement categories and proficiency in contract drafting and management. They also must possess an ability to manage multiple projects and prioritize tasks effectively.
What You’ll Do
- Drive end-to-end strategic sourcing for global IT including hardware, software and services spend.
- Conduct in-depth market research to identify potential suppliers, assess their capabilities, and evaluate pricing structures to find the best value for the company.
- Develop and execute sourcing strategies for assigned categories, including identifying cost reduction opportunities, negotiating contract terms, and managing supplier performance.
- Lead the Request for Proposal (RFP) and Request for Quotation (RFQ) process, including developing specifications, evaluating supplier proposals, and selecting the most suitable vendor.
- Negotiate complex contracts with suppliers, ensuring favorable terms regarding price, quality, delivery timelines, and service level agreements (SLAs).
- Build and maintain strong relationships with key suppliers, addressing concerns, monitoring performance, and identifying opportunities for further collaboration.
- Analyze procurement data to identify trends, cost savings opportunities, and areas for improvement, generating detailed reports for stakeholders.
- Proactively identify and implement cost-saving initiatives through supplier consolidation, contract renegotiation, and value engineering.
- Work closely with internal teams (e.g., IT, finance, legal) to align procurement strategies with overall business objectives.
- Ensure adherence to company procurement policies, legal requirements, and ethical sourcing practices.
How You’ll Grow
We are committed to investing and supporting you in your professional development and we have developed a range of programs focused on fostering leadership, growth and development opportunities. We aim to promote continuous learning and individual skills development through on-the-job learning, self-guided professional development courses and certifications. You’ll be assigned a dedicated coach to mentor, guide and support you through regular coaching sessions and serve as an advocate for your professional growth.
What You’ll Need to Succeed
Basic Qualifications
- Bachelor's degree in business, supply chain management, or a related field
- 5+ years of experience in IT procurement and sourcing, with a proven track record of cost savings
- Expertise in data analysis and reporting using procurement tools and software
- Ability to travel to FTI office(s) as needed
- Applicants must be currently authorized to work in the United States on a full-time basis; this position will not sponsor applicants for work visas.
