Strategic Sourcing Manager
| Company | Marqeta |
|---|---|
| Location | Toronto, ON, Canada, Vancouver, BC, Canada |
| Salary | $106000 – $132500 |
| Type | Full-Time |
| Degrees | |
| Experience Level | Senior |
Requirements
- 5+ years in strategic sourcing and vendor management
- Proven experience and knowledge in strategic sourcing, procurement, risk management and contract negotiation
- Experience building and managing a strategic sourcing/vendor management program
- Excellent interpersonal skills and communication skills in order to influence and guide decisions across multiple cross functional teams
- Proven project management skills with analytical and problem solving abilities to identify business drivers and develop and implement strategies.
Responsibilities
- Support and refine Marqeta’s strategic sourcing and vendor management vision, processes, and tools.
- Provide strategic guidance and support in procurement/strategic sourcing activities, including contract negotiation, administration, amendment and cancellation, and coordinating activities with the legal, compliance, security, and finance teams, as appropriate.
- Establish and monitor performance metrics relating to the strategic sourcing/procurement program and vendor performance, address any areas of concern, and promptly escalate critical issues to senior management.
- Continuously identify and drive opportunities to optimize strategic sourcing and vendor management processes without compromising quality, risk management, or service levels.
- Conduct savings analyses and modeling to prioritize procurement savings opportunities, build recommendations, and track savings achieved as a result of strategic sourcing initiatives.
- Identify and assess potential risks associated with vendor relationships and implement risk mitigation strategies and contingency plans.
- Serve as a point of contact for vendor communications, negotiations, and conflict resolution. Coordinate with internal teams to provide support and guidance on vendor-related matters and oversee the resolution of any issues.
- Lead and manage RFP processes with key business owners from start to finish, identifying and vetting potential vendor partners, performing market research and benchmarking, and managing bidding.
- Coordinate stakeholder engagement and reinforce a sense of purpose in relation to strategic sourcing/vendor management initiatives.
- Maintain strong working relationships with internal and external stakeholders to ensure cost, quality, and delivery targets are met.
- Support the monitoring of vendor compliance with industry regulations and company policies.
- Support the company’s sustainability and business continuity through active sourcing of suitable vendors.
Preferred Qualifications
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No preferred qualifications provided.