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StripeStripeSan Francisco, CA

Tech & Product Strategic Sourcing Specialist

Strategic Sourcing Specialist executing technology and SaaS procurement deals at Stripe. Requires 3+ years in indirect sourcing/procurement, proven negotiation and cost savings track record, and software negotiation experience.

Salary not listed
Hybrid3+ YOEOther

About the role

Responsibilities

  • Execute strategic sourcing plans for designated categories, identifying opportunities for cost reduction, quality improvement, and process efficiencies
  • Lead supplier selection, assessment, and contract negotiation processes, ensuring compliance with Stripe's policies and risk management protocols for allocated deals
  • Deliver on strategic sourcing management goals including cost savings and spend under management, and implement any necessary process enhancements to ensure that those goals are achieved
  • Evaluate existing supplier base and identify rationalization and/or RFx opportunities in partnership with business teams and Finance, allowing Stripe to maximize negotiating leverage
  • Work closely with Sourcing peers to help develop 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

Minimum Requirements

  • A minimum of 3 years of experience in indirect sourcing, procurement, category management, or a related field
  • Demonstrated ability to execute Strategic Sourcing activities
  • Proven negotiation skills and a track record of achieving significant cost savings and supplier value without compromising on quality or service
  • Strong analytical and problem-solving skills, with the ability to manage and interpret complex data
  • Excellent communication and organizational skills, both written and verbal, with the ability to represent Stripe effectively by interfacing with and influencing experienced business leaders
  • Demonstrated experience successfully partnering with cross-functional stakeholders
  • Experience with software negotiations is required

Preferred Qualifications

  • Solution-oriented mindset with enthusiasm for establishing best practice
  • Self-disciplined, diligent, proactive and detail oriented
  • Comfort with a rapid pace of change, complexity, and working across matrixed functions, preferably within a fast-paced technology or financial services environment
  • Understanding or experience with e-procurement tools and systems (e.g., Zip, Workday Strategic Sourcing, Oracle, etc.)
  • Familiarity with the fintech industry and its supply chain and procurement challenges

Skills

strategic sourcingProcurementcategory managementContract Negotiationsupplier managementrfxcost savingse-procurementworkday strategic sourcingzipOracle

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