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Vendor Management Analyst, IT Negotiator
Caterpillar Inc.. Lead vendor negotiations for SaaS, software, hardware, telecommunications, cloud, and related professional services .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in vendor negotiations for SaaS, software, and telecommunications, with a strong focus on developing negotiation strategies and analyzing financial impacts. Proficient in project management, contract interpretation, and collaboration across multiple teams to achieve savings targets and process improvements.
Highest-signal resume keywords
Vendor NegotiationContract InterpretationProject ManagementCost AnalysisIT Sourcing
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Negotiation StrategiesCommercial ContractingTechnology LicensingDemand ManagementCost Analysis TechniquesSupplier Spend AnalysisContract Lifecycle ManagementFinancial AnalysisProject LeadershipRFx Requirements
Soft Skills
Interpersonal SkillsVerbal CommunicationWritten CommunicationCollaboration SkillsProblem Solving
Industry Keywords
SaaSTelecommunicationsCloud ServicesProfessional ServicesProcurementVendor ManagementMarket IntelligenceNegotiation PrinciplesExecutive-Level CommunicationContract Renewals
Tech Stack
Tools & technologiesCloud
About the role
Key responsibilities & impact- Lead vendor negotiations for SaaS, software, hardware, telecommunications, cloud, and related professional services
- Create detailed negotiation strategies, leverage points, deal variables, and counteroffers
- Work with third-party advisory firms to enhance market intelligence and negotiation strategies
- Advise internal customers on negotiation plans, strategy, timing, and process steps
- Collaborate with IT teams on supplier RFx requirements and technology evaluations
- Partner with IT category procurement and supporting organizations
- Act as a category subject matter expert across functions, divisions, and geographic locations
- Support resolution of disputes and other complex supplier matters
- Partner with finance to analyze deal financials and annual budget impact
- Achieve annual savings targets and assigned performance metrics
- Partner with finance, procurement, legal, and other matrix partners on negotiations and process improvement
- Forecast contract renewals and net-new initiatives and maintain related communications
- Direct negotiations with vendor representatives
- Deliver presentations and communications to IT service owners and Vice Presidents
- Draft talking points for executive-level vendor discussions
- Support procurement requests and contract completion targets
- Conduct regular supplier spend analysis
- Maintain accurate forecasts and contract documents in the contract lifecycle management tool
- Travel approximately 5%
Requirements
What you’ll need- Ability to simultaneously lead multiple initiatives while consistently meeting timelines and milestones
- Ability to accurately interpret contract language and summarize historical contracts
- Knowledge of demand management, project management, commercial contracting, technology licensing, and negotiation principles
- Understanding of cost and price analysis techniques
- Understanding of technology sourcing
- Strong interpersonal, verbal, and written communication skills
- Fluent in the English language
- Well-developed collaboration skills
- Ability to lead teams, vendors, and customers to effective solutions
- Analytical, problem solving, and project leadership skill
- Ability to interpret, analyze and negotiate commercial terms
- Bachelor’s degree or more than 5 years’ equivalent experience in a relevant area
- Experience with IT sourcing (negotiations)
- Must work onsite five days a week
- Visa sponsorship is not available
- Successful completion of a drug screen required
Benefits
Comp & perks- Medical, dental, and vision benefits
- Paid time off plan (Vacation, Holidays, Volunteer, etc.)
- 401(k) savings plans
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSAs)
- Health Lifestyle Programs
- Employee Assistance Program
- Voluntary Benefits and Employee Discounts
- Career Development
- Incentive bonus
- Disability benefits
- Life Insurance
- Parental leave
- Adoption benefits
- Tuition Reimbursement
- Potential annual bonus
- 5% travel opportunity