Summary
The Sourcing Lead is responsible for supporting and executing all aspects of Sourcing and Category Management across a large number of indirect spend categories (SaaS, Cloud, HR, Professional Services, Marketing). The Sourcing Lead will be expected to both support and lead competitive sourcing events (RFx’s) and direct negotiations to achieve best total commercial value for Opendoor in its vendor contracts. This is a greenfield Procurement function providing the successful candidate the opportunity to contribute towards the building of a world-class indirect sourcing department.

Responsibilities
● Category Management:
○ Support Indirect Category Leads and Head of Procurement in development of indirect category strategies
○ Conduct spend analysis to identify market intelligence, trends and opportunities within categories
○ Support policy drafting and execution for indirect categories to manage consumption of resources and associated cost
○ Establish collaborative relationships with key vendors and internal stakeholders. Be a champion for Procurement across Opendoor. Train and mentor a broad range of stakeholders and lead efforts to elevate general Procurement IQ across Opendoor
● Sourcing:
○ Lead your own competitive sourcing events (RFx’s) and direct negotiations, delivering robust supplier evaluation and commercially beneficial terms.
○ Support on execution of $multi-million dollar RFP’s and direct negotiations
○ Conduct negotiation of contractual commercial terms and coordinate reviews with legal where appropriate
● Vendor Management:
○ Support in scoring and segmentation of Opendoor indirect supply-base
○ Facilitate QBR’s with tier 1 vendors to ensure maximum value is being derived from these relationships

Key Knowledge And Experience Required
● Detailed knowledge of sourcing methodologies and negotiation strategies, with proven experience in delivering competitive bids & direct negotiations to achieve cost-savings and commercial value
● Demonstrable experience in supply market analysis, category management analytics to identify trends and opportunities