Remote Strategic Sourcing and Procurement Manager
Babylist
๐ต $103k-$154k
๐Remote - United States
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Job highlights
Summary
Join Babylist as a Strategic Sourcing and Procurement Manager to lead negotiations with vendors, analyze market trends, and develop a comprehensive strategy for procure-to-pay operations.
Requirements
- 8+ years of experience in a procurement management role in a high growth environment, ideally building procurement processes and procedures from scratch or rebuilding or modifying existing ones
- Breadth of experience with procuring IT (SaaS and Hardware) as well as travel, shipping and selling materials, and other office expenses
- Demonstrated experience forging relationships with executives, stakeholders, & suppliers to understand business requirements and priorities
- You are a skilled negotiator and have a proven track record of securing favorable terms and tremendous cost savings
- Comprehensive knowledge of procurement technologies and contract management systems (i.e Netsuite, Ironclad, Concur, Etc)
- Demonstrated ability to perform detailed spend analysis and usage by product to uncover savings opportunities
- Deep understanding of contract structures to ensure compliance and identify opportunities for improvement, working with legal and compliance when needed
- Strong attention to detail with the ability to balance tactical work and strategic initiatives, driving continuous improvements and operational excellence
- Outstanding ability to educate and influence stakeholders across the organization, securing buy-in for procurement initiatives through effective communication and strategic negotiation
- Strong market knowledge, with an expert understanding of pricing models, spend ratios, competitive dynamics to ensure cost-effectiveness and industry alignment
Responsibilities
- Lead negotiations with vendors and suppliers to secure favorable terms and conditions
- Analyze market trends, internal usage, and supplier pricing to identify cost-saving opportunities. Develop and manage procurement budgets in alignment with company financial goals
- Develop and execute a comprehensive strategy for our โprocure to payโ operations that aligns with Babylistโs broader financial and operational objectives
- Engage with internal stakeholders across various departments, understand their procurement needs, and optimize a streamlined procurement request and approval process
- Support the travel and expense (T&E) program to negotiate accommodations, airfare, and vendors for major company events and offsites
- Assist with supply chain procurement activities, including shipping materials, tools and machinery, and freight
- Prepare reports and presentations for senior management
- Monitor and track spending to ensure adherence to budget
- Negotiate with vendors to obtain competitive pricing and favorable terms
- Create and maintain accurate records and documentation for all financial transactions
- Monitor and evaluate performance and productivity of vendors
- Ensure compliance with relevant laws, regulations, and policies
Benefits
- Company paid medical, dental, and vision insurance
- Generous paid parental leave policy
- 401k with company match
- Perks for physical, mental and emotional health, parenting, childcare, and financial planning
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