Job Title
Strategic Category Buyer
Department Procurement
Report to Vice President Procurement, Strategic Category Management
Job Summary The Strategic Sourcing Buyer (SSB) is responsible for developing and executing a comprehensive category strategy to optimize cost, quality, and delivery for a specific portfolio of goods or services. This role involves managing the entire procurement lifecycle, from supplier identification and selection to contract negotiation, performance management, and risk mitigation. The SSB will work collaboratively with cross‑functional teams, including engineering, operations, and finance, to ensure alignment with business objectives and to drive continuous improvement within the supply chain.
Top 4 Skills Sets
Strategic category management
Negotiation experience
Collaborative mindset/customer service
Financial experience in the financial tech industry – knowledge of software and IT
Key Responsibilities
Category Strategy & Management:
Develop and implement a multi‑year category strategy that aligns with business goals and market trends.
Conduct in‑depth market analysis to identify key suppliers, cost drivers, and technological innovations within the commodity.
Manage a portfolio of suppliers, including sourcing, qualification, and ongoing performance management.
Lead the entire Request for Proposal (RFP) or Request for Quotation (RFQ) process.
Identify and implement cost reduction initiatives and supplier collaboration.
Supplier Relationship Management:
Build and maintain strong, collaborative relationships with strategic suppliers.
Drive supplier development and continuous improvement activities.
Develop and negotiate long‑term agreements and contracts that protect the company’s interests and mitigate risk.
Performance & Risk Management:
Monitor and report on market trends and supply chain risks.
Develop and execute risk mitigation plans to ensure continuity of service.
Ensure compliance with all relevant company policies, ethical standards, and legal requirements.
Required Qualifications
Bachelor’s degree in Business, Supply Chain Management, or a related field.
5‑7 years of experience in procurement and strategic sourcing.
Proven experience managing a specific category in the area of Financial Technology or Professional Services.
Strong negotiation and contract management skills.
Excellent analytical, problem‑solving, and decision‑making abilities.
Strong communication and interpersonal skills, with the ability to influence and collaborate effectively across all levels of the organization.
Proficiency in procurement software (e.g., SAP Ariba, Oracle, Coupa) and Google and/or Microsoft Office Suite.
Preferred Qualifications
Master’s degree or professional certification (e.g., CPSM, CPM).
Experience in a global or multi‑national business environment.
#J-18808-Ljbffr
Department Procurement
Report to Vice President Procurement, Strategic Category Management
Job Summary The Strategic Sourcing Buyer (SSB) is responsible for developing and executing a comprehensive category strategy to optimize cost, quality, and delivery for a specific portfolio of goods or services. This role involves managing the entire procurement lifecycle, from supplier identification and selection to contract negotiation, performance management, and risk mitigation. The SSB will work collaboratively with cross‑functional teams, including engineering, operations, and finance, to ensure alignment with business objectives and to drive continuous improvement within the supply chain.
Top 4 Skills Sets
Strategic category management
Negotiation experience
Collaborative mindset/customer service
Financial experience in the financial tech industry – knowledge of software and IT
Key Responsibilities
Category Strategy & Management:
Develop and implement a multi‑year category strategy that aligns with business goals and market trends.
Conduct in‑depth market analysis to identify key suppliers, cost drivers, and technological innovations within the commodity.
Manage a portfolio of suppliers, including sourcing, qualification, and ongoing performance management.
Lead the entire Request for Proposal (RFP) or Request for Quotation (RFQ) process.
Identify and implement cost reduction initiatives and supplier collaboration.
Supplier Relationship Management:
Build and maintain strong, collaborative relationships with strategic suppliers.
Drive supplier development and continuous improvement activities.
Develop and negotiate long‑term agreements and contracts that protect the company’s interests and mitigate risk.
Performance & Risk Management:
Monitor and report on market trends and supply chain risks.
Develop and execute risk mitigation plans to ensure continuity of service.
Ensure compliance with all relevant company policies, ethical standards, and legal requirements.
Required Qualifications
Bachelor’s degree in Business, Supply Chain Management, or a related field.
5‑7 years of experience in procurement and strategic sourcing.
Proven experience managing a specific category in the area of Financial Technology or Professional Services.
Strong negotiation and contract management skills.
Excellent analytical, problem‑solving, and decision‑making abilities.
Strong communication and interpersonal skills, with the ability to influence and collaborate effectively across all levels of the organization.
Proficiency in procurement software (e.g., SAP Ariba, Oracle, Coupa) and Google and/or Microsoft Office Suite.
Preferred Qualifications
Master’s degree or professional certification (e.g., CPSM, CPM).
Experience in a global or multi‑national business environment.
#J-18808-Ljbffr