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Strategic Sourcing Specialist
Stripe
posted 5mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- Draft RFx documents for specific projects in collaboration with global category managers
- Prepare RFx communications, scoring templates, summaries, and other supporting documents
- Prepare and retain RFx project documentation for historical record
- Execute NDAs for RFx events
- Lead regional RFx projects when needed
Benchmarks / Rates:
- Conduct initial category-specific market research
- Analyze rate submissions from Suppliers with industry benchmarks
- Develop supplier profiles with data sourced from resources like Tropic, Pitchbook, other internal tools, and publicly available data
- Lead regional rate card negotiations when needed
Contracting:
- Contract analysis to inform category strategies and/or individual transaction strategies
- Data cleanup on renewal dates, termination notice periods, and other relevant sourcing metadata in the Contract database
- Setup and execute proactive tracking of SLA violations and ensure appropriate processes are initiated to claim any possible service credits/refunds
General Support:
- Monitor procurement process and manage escalations for sourced deal transactions
- Work closely with internal teams to drive enterprise-level procurement solutions and increase supplier management effectiveness
- Participate in establishing short-term and long-range planning and budget development of the company to support strategic business goals
- Help to develop and execute a roadmap to build and scale an impactful Strategic Sourcing Category Management function that Stripe recognizes and values
Who you are
Minimum requirements:
- A minimum of 7+ years of experience in indirect sourcing, procurement, category management, or a related field
- Strong understanding of procurement principles and supply chain management
- Strong experience in negotiations and achieving significant cost savings and supplier value without compromising on quality or service
- Experience in supplier contracting with an understanding of standard commercial terms and conditions to mitigate risks and create clear service level agreements
- Excellent communication and interpersonal skills, with the ability to convey complex information in an understandable way
- Strong analytical and problem-solving skills with a keen eye for detail
- Strong organizational skills and the ability to manage multiple priorities in a dynamic, fast-paced environment
- A team player with a proactive attitude and the ability to work independently when required
- Demonstrated experience successfully partnering with cross-functional stakeholders
Employment Type: Full Time, Permanent
Functional Areas: Other
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People are getting interviews at Stripe through
People are getting interviews through
(based on 15 Stripe interviews)
Company Website
Job Portal
Referral
Campus Placement
33%
20%
7%
7%
33% candidates got the interview through other sources.
High
Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.
What people at Stripe are saying
What Stripe employees are saying about work life
based on 22 employees
Flexible timing
Monday to Friday
No travel
Day Shift
Stripe Benefits
View more benefits
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