Senior IT Procurement Analyst

About the role

The Sr IT Procurement Analyst plays a critical role in optimizing the procurement of IT products and services. This individual will be responsible for developing sourcing strategies, managing vendor relationships, negotiating contracts, and ensuring cost-effective and timely acquisition of technology solutions that align with business goals. Primary Responsibilities Strategic IT Sourcing & Procurement Develop and execute sourcing strategies for Applications, Software, Cloud services, and IT consulting. Conduct market analysis to identify potential suppliers and evaluate their capabilities. Lead RFP/RFI processes and vendor selection. Vendor Management Build and maintain strong relationships with key IT vendors and service providers. Monitor vendor performance and compliance with contractual obligations. Build and track vendor performance with the use of KPI's. Collaborate with legal and finance teams to manage contract lifecycle and renewals. Cost Optimization Identify cost-saving opportunities through strategic negotiations and alternative sourcing. Analyze spend data and trends to inform sourcing decisions and budgeting. Risk & Compliance Ensure sourcing activities comply with internal policies and external regulations. Mitigate risks related to vendor reliability, data security, and service continuity. Cross-Functional Collaboration Work closely with IT, Finance, Legal, and Procurement teams to align sourcing with business needs. Work with key customers in the following areas to deliver on business requirements. Infrastructure, Cyber Security, R&D, and Manufacturing. Engineering Support project teams with timely acquisition of required IT resources. General Tasks Maintain strict compliance with the quality, environmental and occupational health and safety regulations and implementation of the instructions of the quality, environmental management and/or occupational health and safety officer. Required Experience, Education, Skills, Training and Competencies Bachelor's degree in Business, Supply Chain Management, Information Technology, or related field. 5+ years of experience in IT sourcing, procurement, or vendor management. Experience sourcing IT systems used in manufacturing, R&D, and quality environments. Strong knowledge of medical device regulations (FDA, ISO 13485, GDPR, HIPAA). Familiarity with IT categories including SaaS, cloud infrastructure, networking, and cybersecurity. Proficiency in sourcing tools and ERP systems (e.g., SAP, Oracle, Coupa). Excellent analytical, communication, and stakeholder management skills. Preferred Skills Experience with global sourcing and managing offshore vendors. Knowledge of cybersecurity frameworks (e.g., NIST, ISO/IEC 27001). Knowledge of ITIL, ISO, or other IT governance frameworks. Familiarity with GxP-compliant systems and validation processes. Familiarity with IT systems used in medical device lifecycle (e.g., PLM, QMS, eQMS). Certification in procureme

Benefits

Additional Information

Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing-improving productivity, enhancing people's lives and redefining what's possible. We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications-from minimally invasive surgery to robotics to 3D metal printing. Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific. Looking for a great place to work? You have found it with a culture that embraces teamwork, collaboration and empowerment. Come explore Novanta. Company Overview Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing improving productivity, enhancing people's lives and redefining what's possible. We serve as a trusted technology partner to medical and advanced industrial original equipment manufacturers (OEMs) worldwide, engineering components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications from minimally invasive surgery to robotics to 3D metal printing. Novanta is a global organization with offices located throughout EMEA, The Americas and Asia Pacific. Novanta is a publicly traded company on NASDAQ under symbol NOVT. Business Overview Novanta's Corporate and Shared Services teams play an important role in executing the company's strategic mission and operations. Included in Corporate and Shared Services are the business functions including Finance, Accounting, Human Resources, Information Technology, Legal, Compliance, Corporate Development and Corporate Marketing. The Corporate and Shared Services teams work closely with all Novanta business units to support operating initiatives contributing to the organization's financial success.

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