Senior Manager, Strategic Sourcing

This is a fully remote position, open to applicants in India.

📋 Description

• Formulate strategies for cost savings within designated categories, including sourcing from third-party vendors and consolidating suppliers.

• Collaborate with stakeholders to comprehend business objectives and create sourcing pipelines along with supplier strategies.

• Evaluate industry trends, pricing structures, competitive landscape, supplier optimization, and market pressures.

• Spearhead negotiations for new supplier contracts and renegotiations to attain the lowest total cost of ownership and savings targets.

• Assess, manage, and enhance supplier performance in accordance with agreed-upon SLAs.

• Facilitate RFI and RFP processes, overseeing proposal evaluations, business awards, and finalizing contracts.

• Persuade internal stakeholders to maximize value, manage costs, and enhance vendor performance.

• Provide support across various categories such as professional services, HR and benefits, real estate and workplace, legal services, software, cloud solutions, events, and travel.

• Execute complex source-to-pay enhancement projects along with other improvement initiatives.

⛳️ Requirements

• Bachelor’s Degree in Business, Supply Chain, Finance, Engineering, or Operations, accompanied by over 7 years of experience in a senior procurement position.

• Proven experience in developing and implementing category strategies that yield savings.

• Demonstrated ability to negotiate complex and high-stakes buy-side contracts.

• Robust analytical and financial skills, including the creation of operational metric dashboards, financial analysis, and spend data management.

• Familiarity with top-tier procurement processes such as category management, benchmarking, should-cost models, RFX, reverse auctions, and contracting methodologies.

• Established history of tracking KPIs, creating scorecards and reports, and leading Quarterly Business Review processes.

• Profound understanding of contract terminology and conditions, including the structuring and drafting of MSAs, DPAs, maintenance agreements, and service orders.

• Exceptional communication skills and executive presence; highly organized.

• Proven success in cross-functional leadership, collaboration, and relationship management.

• Experience in structuring and negotiating commercial models, including usage-based pricing, fixed-fee arrangements, variable tiering, and performance-incentivized frameworks.

• Master’s Degree in Business, Supply Chain, Finance, Engineering, or Operations (preferred).

• Familiarity with Oracle, Ironclad, and Oracle procurement and ERP systems for vendor spend management (preferred).

🏝️ Benefits

• Competitive pay

• Generous time off

• Ample parental and wellness leave

• Healthcare

• Retirement savings program

• Volunteering and donation support