Role Overview
The Procurement Manager plays an integral role in shaping procurement strategy at StockX -- ensuring the optimization of costs and services delivered across multiple categories. The person in this position will create sourcing strategies and strategic direction for third-party spend. The Procurement Manager is also expected to own cost optimization strategies through innovative sourcing techniques and ongoing vendor management/governance.
Responsibilities
SOURCING/PROCUREMENT
Serve as a procurement/sourcing subject matter expert (SME), leading the RFx process across multiple categories
Lead sourcing decisions, negotiate commercial terms, and generate contractual agreements with global supply base for new and existing parts/services
Participate in interviews of key internal stakeholders/business owners to define specifications and requirements
Collaborate with internal business partners, including Legal, to negotiate with vendors
Conduct comprehensive spend analyses in order to identify sourcing opportunities
Identify existing and potential vendors for assigned projects and categories
Conduct market research on vendors and understand market cost drivers for goods and services
Offer alternative sourcing approaches or vendors to business partners to ensure the best-value vendor is selected
Build and maintain sourcing category strategies across the enterprise
Ensure contract renewals are completed on time to avoid lapses in services
Conduct quarterly reviews with top suppliers and internal business partners
Participate in the development and documentation of procurement policies and procedures
RELATIONSHIP MANAGEMENT
Increase the visibility of the procurement organization across StockX to address the gaps of knowledge about procurement's value proposition, policies, and initiatives
Ensure procurement strategies are known to all relevant parts of the business in order to maximize potential cost savings/avoidance opportunities
Establish and maintain strong working relationships with internal business partners/clients
Educate internal business partners on the importance of vendor management and holding suppliers accountable to contractual commitments
Technology and Resource Knowledge
Comfortable leading complex supplier negotiations
Experience building category strategies
Solid understanding of contractual terms; comfort reading and negotiating contracts with suppliers
Project leadership experience -- including designing and leading projects
Ability to quickly build strong rapport and relationships with internal partners and suppliers
Experience creating and leading complex RFx initiatives
Comfortable interpreting and summarizing data from disparate sources
Experience managing supplier quarterly business reviews
Ability to influence a diverse group of internal customers
Proficient in Microsoft Word, Excel, and PowerPoint
Basic Qualifications
Minimum of 4 years' experience in a procurement/sourcing role with increasing responsibility and complexity
Bachelor's in Supply Chain / Logistics preferred
CPSM designation a plus
About StockX
StockX is an online marketplace for buying and selling limited edition and high demand sneakers.
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