Procurement Manager - StockX

Why you'll love this role

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.

What you will do

Sourcing/Procurement 

• Serve as a procurement/sourcing subject matter expert (SME), leading the RFx and contracting 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
• Thoroughly analyze supplier pricing proposals and have the ability to provide a counterproposal to the supplier that is more beneficial to StockX
• 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
• 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
• Support internal stakeholders with vendor management as needs arise

Technology and Resource Knowledge

• Comfortable leading complex supplier negotiations
• Comfortable analyzing supplier pricing proposals
• 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 participating in supplier quarterly business reviews
• Ability to influence a diverse group of internal customers
• Proficient in Microsoft Word, Excel, and PowerPoint

About you

• 2-4 years' experience in a procurement/sourcing role with demonstrable increasing responsibility and complexity
• Bachelor's degree in supply chain management, business or related 
• Indirect sourcing experience preferred
• CPSM designation a plus

Location

• Hybrid role with 2 days per week onsite in our Downtown Detroit office

Pursuant to the San Francisco Fair Chance Ordinance, Los Angeles Fair Chance Initiative for Hiring Ordinance, and any other state or local hiring regulations, we will consider for employment any qualified applicant, including those with arrest and conviction records, in a manner consistent with the applicable regulation.

Pursuant to the various pay transparency laws/acts, the base salary range is $100,000.00 to $120,000.00 plus opportunities for benefits (e.g., medical, dental), equity and discretionary bonuses. Compensation is dependent on geography and may vary.