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Sr. Sourcing Analyst - IT
- Sleep Number (Minneapolis, MN)
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Company Overview
Sleep Number is a sleep wellness technology leader. For nearly four decades, we have placed sleep at the center of wellbeing, improving over 15 million lives with our Sleep Number smart beds. We are guided by our purpose – to improve the health and wellbeing of society through higher quality sleep. This is exemplified through our 4,000+ mission-driven team members who passionately innovate to drive value creation through our vertically integrated business model, owning the process from start to finish, including selling in our over 650 stores nationwide.
Our team members are encouraged to bring their whole selves to work, sharing their unique perspectives, backgrounds and skills with Sleep Number every day. Whether you are entering, returning or experienced in the workforce, we have a place for you. We hope you join us in creating the future through higher quality sleep.
Position Summary:
This role will be responsible for executing sourcing strategies, managing supplier relationships, and driving cost savings across IT spend areas including software, hardware, services, and telecom.
Key Responsibilities:
+ Partner with IT/Tech and internal business stakeholders to understand business needs and translate them into sourcing strategies.
+ Conduct market research, supplier evaluations, and competitive bidding processes (RFI/RFP/RFQ).
+ Negotiate contracts and pricing with vendors to ensure optimal value and compliance.
+ Analyze spend data, perform total cost of ownership (TC) analysis to identify cost-saving opportunities and drive efficiencies across IT/Tech categories.
+ Support contract lifecycle management and ensure alignment with procurement policies.
+ Monitor supplier performance and manage issue resolution.
+ Collaborate with legal, finance, and risk teams to ensure contract and vendor compliance.
+ Maintain sourcing documentation and contribute to continuous process improvement.
Qualifications:
+ Bachelor’s degree in Business, Supply Chain, Finance, or related field, or equivalent experience.
+ 5+ years of experience in indirect sourcing or procurement, preferably in IT.
+ Strong analytical and negotiation skills.
+ Familiarity with IT categories such as SaaS, cloud services, infrastructure, and consulting.
+ Experience with e-sourcing tools and ERP systems (e.g., SAP, Coupa, Ariba).
+ Excellent communication and stakeholder management abilities.
+ Ability to work independently and manage multiple priorities.
Preferred Qualifications:
+ Experience in a global or multi-site organization.
+ Knowledge of IT contract terms and licensing models.
+ Certification in supply chain or procurement (e.g., CPSM, CSCP) is a plus.
Working Conditions and Schedule:
+ Hybrid schedule: three days in the office at our Minneapolis, MN HQ, two days remote
+ Standard business hours, Monday-Friday, with occasional evening or weekend support as needed.
+ This role may require occasional travel.
#PIQ
Salary Pay Range: $82,700.00 -$110,300.00
Wellbeing
Wellbeing is more than a catchphrase - it's a movement that permeates our company and through our team members. We are dedicated to enhancing and supporting the wellbeing of our team members and their families through benefits, programs, and resources across our five wellbeing pillars of emotional, financial, career, community, and physical health, with sleep at the center.
By joining our team, in addition to offering competitive pay programs, we are proud to offer eligible team members an extensive benefits package including, but not limited to medical and pharmacy benefits, dental, life and disability insurance, a 401(k) Plan, paid time off, and much more.
Safety
Safety is a top priority for Sleep Number supporting customers and team members wellbeing. We are committed to maintaining a safe and healthy work environment for all team members that are consistent with CDC guidelines, U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), and state/local laws.
EEO Statement
Sleep Number is an equal opportunity employer. We are committed to recruiting, hiring and promoting qualified people and prohibit discrimination based on race, color, marital status, religion, sex (including gender, gender identity, gender expression, transgender status, pregnancy, childbirth, and medical conditions related to pregnancy or childbirth), sexual orientation, age, national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed servicemember status or any other status protected by federal, state, or local law.
Americans with Disabilities Act (ADA)
It is Sleep Number’s policy to provide reasonable accommodations to qualified individuals with disabilities during the application process, consistent with applicable law. We may require supporting medical or religious documentation where applicable and permissible by law. If you are a qualified individual, you may request a reasonable accommodation at any time during the selection process, including if you are unable or otherwise limited in your ability to access open roles here.
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