Coupa Software

Strategic Sourcing Manager - 11690

Coupa Software$90K — $120K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in Strategic Sourcing, Procurement, and Category Management focused on Indirect Spend.
  • Hands-on familiarity with Coupa modules, particularly Sourcing and Contract Management.
  • Strong financial and analytical skills to evaluate sourcing opportunities and performance.
  • Excellent negotiation and communication skills to influence stakeholders effectively.
  • Proven ability in presenting data and insights to diverse audiences, including senior management.

Responsibilities

  • Support the development and execution of sourcing strategies for indirect categories that identify cost-reduction opportunities.
  • Plan and execute competitive sourcing events from start to finish using Coupa Sourcing.
  • Assist in leading negotiations with suppliers to achieve cost savings and favorable terms.
  • Conduct analyses of supplier proposals to make data-driven selection recommendations.
  • Utilize Coupa Contract Management to draft and manage contracts and ensure compliance with terms.
  • Monitor and ensure compliance with contracted terms regarding pricing and quality.
  • Analyze spend data to identify new sourcing opportunities and assess category performance.

Benefits

  • Opportunity to work with advanced procurement technologies like Coupa.
  • Exposure to strategic sourcing across various indirect categories.
  • Collaborative and dynamic work environment focused on procurement innovation.
  • Access to professional development and training in procurement best practices.
  • Ability to directly contribute to significant cost-saving initiatives for the organization.
Full Job Description
What You'll Do

  • Sourcing Execution and Savings Generation
  • Category Strategy: support the development and execute detailed sourcing strategies for assigned indirect categories, identifying cost-reduction opportunities, and supplier consolidation plans.
  • eSourcing Management Support: Plan, prepare, and execute competitive sourcing events (RFx, auctions) end-to-end using the Coupa Sourcing module.
  • Negotiation: Assist in leading commercial negotiations with suppliers, focusing on achieving year-over-year cost savings, favorable payment terms, and risk mitigation.
  • Supplier Selection: Conduct quantitative and qualitative analysis of supplier proposals, making data-backed recommendations to internal stakeholders for final supplier selection.
  • Contract and Compliance Management
  • Contract Digitization: Utilize the Coupa Contract Management module to draft, track, and manage all sourcing-related agreements, ensuring compliance with legal and security standards.
  • Contract Compliance: Ensure that spend compliance adheres to the contracted terms (pricing, volume, quality) and that contracts are linked correctly to Purchase Orders (POs) in the system.
  • Supplier Relationship: Partner with the Supplier Lifecycle team to ensure seamless transition of newly awarded suppliers into the automated onboarding and risk vetting process.
  • Performance and Reporting
  • Spend Analysis: Regularly analyze spend data within Coupa to identify new sourcing waves and monitor category performance against established baselines.
  • Savings Tracking: Accurately track, report, and validate realized savings from sourcing initiatives using Coupa's reporting tools, aligning with Finance targets.
  • Stakeholder Alignment: Serve as the primary procurement point of contact for internal business units, educating them on the Coupa Sourcing process and ensuring requirements are clearly defined before market engagement.


What You Will Bring to Coupa

  • 7+ years of progressive experience in Strategic Sourcing, Procurement, and Category Management, with a focus on Indirect Spend.
  • Hands-on experience using the Coupa modules.
  • Strong financial acumen and advanced analytical skills.
  • Excellent negotiation, communication, and presentation skills required to influence senior stakeholders and external suppliers.

About Coupa Software

Coupa Software is a cloud-based business spend management platform that helps companies control their spending and generate savings. The company's platform provides procurement, invoicing, and expense management solutions that enable businesses to manage their spending across various categories, including travel and expense, contingent workforce, and marketing. Coupa Software's platform is designed to be user-friendly and accessible from any device, making it easy for employees to manage their spending and for businesses to track their expenses. The company serves customers in a variety of industries, including healthcare, retail, and manufacturing.
Learn more about Coupa Software
Size
3,076 employees
Market Cap
$5.9 billion
Industry
Net Income
-$142.7 million
Founded
2006
5 Year Trend
+40.2%
Revenue
$489.5 million
NASDAQ

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