Sr Strategic Sourcing Analyst - 11690

@ Coupa Software, Inc.
Coupa Software, Inc.coupasoftware,inc..com

Sr Strategic Sourcing Analyst - 11690

Posted 1 week ago

About the job

Coupa develops industry-leading spend management platforms using AI and data analytics, empowering businesses to optimize costs and improve margins. We foster a collaborative culture with a global impact, valuing innovation, transparency, and teamwork. Join us to drive smarter business decisions.

Requirements

  • 7+ years experience in sourcing
  • Proficient with Coupa modules
  • Strong analytical skills
  • Excellent negotiation skills
  • Experience with indirect procurement

Qualifications

  • Bachelor's degree or higher
  • Financial acumen
  • Effective communicator
  • Stakeholder management skills

Full job description

Coupa makes margins multiply through its community-generated AI and industry-leading total spend management platform for businesses large and small. Coupa AI is informed by trillions of dollars of direct and indirect spend data across a global network of 10M+ buyers and suppliers. We empower you with the ability to predict, prescribe, and automate smarter, more profitable business decisions to improve operating margins.

Why join Coupa?

🔹 Pioneering Technology: At Coupa, we're at the forefront of innovation, leveraging the latest technology to empower our customers with greater efficiency and visibility in their spend.

🔹 Collaborative Culture: We value collaboration and teamwork, and our culture is driven by transparency, openness, and a shared commitment to excellence.

🔹 Global Impact: Join a company where your work has a global, measurable impact on our clients, the business, and each other. 

Learn more on Life at Coupa blog and hear from our employees about their experiences working at Coupa. 

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.


    • Coupa complies with relevant laws and regulations regarding equal opportunity and offers a welcoming and inclusive work environment. Decisions related to hiring, compensation, training, or evaluating performance are made fairly, and we provide equal employment opportunities to all qualified candidates and employees. 

    Please be advised that inquiries or resumes from recruiters will not be accepted.

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