The opportunity
Procurement is part of Stripe Finance and owns the full supplier lifecycle and buying journey. The team sources and evaluates new vendors, renews and negotiates contracts with existing suppliers, and leads third‑party risk management and compliance activities to ensure suppliers meet Stripe’s standards.
What you'll do
Develop and execute strategic sourcing plans for designated categories,: identifying opportunities for cost reduction, quality improvement, and process efficiencies
Lead supplier selection, assessment, and contract negotiation processes,: ensuring compliance with Stripe's policies and risk management protocols
Conduct market research and analysis to inform category strategies and stay ahead of industry trends
Be an active champion across the company supporting our third party risk: programs and fiscal initiatives when engaging in Procurement activities
Deliver on strategic sourcing management goals including cost savings and: spend under management, and implement any necessary process enhancements to ensure that those goals are achieved
Evaluate existing supplier base and identify rationalization and/or RFx: opportunities in partnership with business teams and Finance, allowing Stripe to maximize negotiating leverage
What they're looking for
- A minimum of 8 years of experience in indirect sourcing, procurement, category management, or a related field
- Demonstrated ability to develop and implement strategic sourcing and category management strategies
- Proven negotiation skills and a track record of achieving significant cost: savings and supplier value without compromising on quality or service
- Strong analytical and problem-solving skills, with the ability to manage and interpret complex data
- Experience in supplier contracting with a solid understanding of standard: commercial terms and conditions to mitigate risks and create clear service level agreements
- Leadership and stakeholder management skills with the ability to elevate: ambitions and influence cross-functional and internal team members
- Solution-oriented mindset with enthusiasm for establishing best practice
- Self-disciplined, diligent, proactive and detail oriented
