Sourcing Lead

About the Role

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, facilities). 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.

What You'll Do

• 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 large $ RFP’s and direct negotiations with suppliers

  • Conduct negotiation of contractual commercial terms and coordinate reviews with legal where appropriate 

  • Manage day-to-day procurement related activities and requests. 

• 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

What You'll Need

• 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

• Multi-indirect category experience is preferred, with an emphasis on technology and professional services

• Experience in supporting Procurement processes across sourcing and P2P (Ramp, Coupa, Zip)

• Strong understanding and intellectual curiosity for Procurement, Sourcing and Category Management

What You'll Need

• 4-6 years procurement/sourcing experience

• Proven track record leading RFPs and achieving measurable savings

• Experience with indirect spend categories

• Strong analytical and Excel/Google Sheets skills

• Excellent communication and stakeholder management

• Bachelor's degree (Business, Supply Chain, or related field)

• Experience with procurement systems (Coupa, Zip, etc.)

Compensation

The base pay range for this position is $75,000 - $103,400 annually, plus RSUs and bonuses. Pay within this range varies by work location and may also depend on your qualifications, job-related knowledge, skills, and experience. We also offer a comprehensive package of benefits including unlimited PTO, medical/dental/vision insurance, life insurance, and 401(k) to eligible employees.