Workday

Senior Sourcing Manager

Workday • $123K — $185K *
Enterprise Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years in Procurement, Supply Chain, or Sourcing, with a focus on Technology/IT procurement
  • Strong written and verbal communication skills for stakeholder and supplier relationship management
  • Experience leading RFx processes and supplier management activities
  • Knowledge of cloud economics and consumption-based pricing
  • Ability to execute advanced Sourcing and Category Management practices
  • Critical thinking skills for financial modeling and data analysis
  • Advanced understanding of contract management and negotiation strategies

Responsibilities

  • Support execution of Technology strategies focused on Software engagements
  • Perform spend and market analysis to inform sourcing decisions
  • Conduct Requests for Proposals and negotiate contracts
  • Foster relationships with business units and suppliers
  • Identify strategic improvement opportunities for cost optimization and technology introduction
  • Drive process-improvement initiatives within the sourcing function
  • Assist with auxiliary sourcing requests in related technology categories

Benefits

  • Flexible work schedule with a mix of in-office and remote work
  • Opportunity for participation in the Workday Bonus Plan or role-specific commission
  • Annual refresh stock grants
  • Comprehensive benefits package
  • Supportive work environment fostering community and collaboration
Full Job Description
About the Role

This role will support one or more direct or indirect contracts with the U.S. Federal Government which, due to federal government security requirements, mandates that all Workday personnel working on the contracts be United States citizens (naturalized or native).

Workday is seeking a Senior Sourcing Manager on the Technology Sourcing Team in the Financial Services and Spend Management Organization. This person will assist with the execution of Technology strategies, with a focus on Software engagements and related projects.

Generally, the Senior Sourcing Manager will understand business/company requirements and apply Strategic Sourcing practices to support the business. Responsibilities include performing spend and market analysis, conducting Requests for Proposals, negotiating contracts, and fostering business and supplier relationships. The Senior Sourcing Manager will also identify strategic improvement opportunities (e.g. introducing new technologies, cost optimization, contract consolidation) and be a key driver in process-improvement initiatives. Finally, the Senior Sourcing Manager should also be able to assist with auxiliary Sourcing requests in related technology categories such as hardware, and data center, and public cloud.

The Sourcing Manager should have Sourcing, vendor management, or supply chain experience, and familiarity/experience with Technology procurement is required.

About You

Basic Qualifications
  • 8+ years of direct experience in Procurement, Supply Chain, or Sourcing, including demonstrated experience in Technology/IT procurement (e.g., Software/SaaS, hardware, data center, or public cloud categories) - OR 8+ years of combined experience in Procurement, Sourcing, Supply Chain, Business, and/or Finance, together with a bachelor's degree in supply chain, Business, Engineering, Finance, or a related field
  • Excellent written and verbal communication skills, with a demonstrated ability to build and maintain strong relationships with internal stakeholders and suppliers


Other Qualifications
  • Demonstrated Sourcing experience leading RFx's, conducting supplier management activities, and managing a Sourcing category with a focus on Software/SaaS
  • Strong knowledge of cloud economics, AI token economics, and consumption-based pricing structures•
  • Executing advanced standard Sourcing and Category Management concepts, practices, and procedures•
  • Demonstration of critical thinking, by translating, analyzing and creating solutions from advanced financial modeling and data analysis.•
  • Advanced understanding of contracts and contract management•
  • Advanced at developing and executing negotiation strategies


Workday Pay Transparency Statement

The annualized base salary ranges for the primary location and any additional locations are listed below. Workday pay ranges vary based on work location. As a part of the total compensation package, this role may be eligible for the Workday Bonus Plan or a role-specific commission/bonus, as well as annual refresh stock grants. Recruiters can share more detail during the hiring process. Each candidate's compensation offer will be based on multiple factors including, but not limited to, geography, experience, skills, job duties, and business need, among other things. For more information regarding Workday's comprehensive benefits, please click here.

Primary Location: USA.UT.Salt Lake City

Primary Location Base Pay Range: $123,800 USD - $185,600 USD

Additional US Location(s) Base Pay Range: $117,600 USD - $208,800 USD

Our Approach to Flexible Work

With Flex Work, we're combining the best of both worlds: in-person time and remote. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. We know that flexibility can take shape in many ways, so rather than a number of required days in-office each week, we simply spend at least half (50%) of our time each quarter in the office or in the field with our customers, prospects, and partners (depending on role). This means you'll have the freedom to create a flexible schedule that caters to your business, team, and personal needs, while being intentional to make the most of time spent together. Those in our remote "home office" roles also have the opportunity to come together in our offices for important moments that matter.

About Workday

Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working. Its applications include Workday Financial Management, Workday Human Capital Management (HCM) and Other Applications. It also provides open, standards-based Web-services application programming interfaces, and pre-built packaged integrations and connectors. Workday, Inc. is headquartered in Pleasanton, California.
Learn more about Workday
Size
15,932 employees
Market Cap
$42.2 billion
Industry
Net Income
-$282.4 million
Founded
2005
5 Year Trend
+26.7%
Revenue
$4.3 billion
NASDAQ

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