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Procurement Manager

StockX

StockX

Operations
Detroit, MI, USA
Posted on Nov 27, 2024

Help empower our global customers to connect to culture through their passions.

Why you'll love this role

The Procurement Manager plays an integral role in shaping procurement strategy at StockX -- ensuring the optimization of costs and services delivered across multiple categories. The person in this position will create sourcing strategies and strategic direction for third-party spend. The Procurement Manager is also expected to own cost optimization strategies through innovative sourcing techniques and ongoing vendor management/governance.

What you will do

Sourcing/Procurement

  • Serve as a procurement/sourcing subject matter expert (SME), leading the RFx and contracting process across multiple categories
  • Lead sourcing decisions, negotiate commercial terms, and generate contractual agreements with global supply base for new and existing parts/services
  • Participate in interviews of key internal stakeholders/business owners to define specifications and requirements
  • Collaborate with internal business partners, including Legal, to negotiate with vendors
  • Conduct comprehensive spend analyses in order to identify sourcing opportunities
  • Thoroughly analyze supplier pricing proposals and have the ability to provide a counterproposal to the supplier that is more beneficial to StockX
  • Identify existing and potential vendors for assigned projects and categories
  • Conduct market research on vendors and understand market cost drivers for goods and services
  • Offer alternative sourcing approaches or vendors to business partners to ensure the best-value vendor is selected
  • Build and maintain sourcing category strategies across the enterprise
  • Ensure contract renewals are completed on time to avoid lapses in services
  • Participate in the development and documentation of procurement policies and procedures

Relationship Management

  • Increase the visibility of the procurement organization across StockX to address the gaps of knowledge about procurement's value proposition, policies, and initiatives
  • Ensure procurement strategies are known to all relevant parts of the business in order to maximize potential cost savings/avoidance opportunities
  • Establish and maintain strong working relationships with internal business partners/clients
  • Educate internal business partners on the importance of vendor management and holding suppliers accountable to contractual commitments
  • Support internal stakeholders with vendor management as needs arise

Technology and Resource Knowledge

  • Comfortable leading complex supplier negotiations
  • Comfortable analyzing supplier pricing proposals
  • Experience building category strategies
  • Solid understanding of contractual terms; comfort reading and negotiating contracts with suppliers
  • Project leadership experience -- including designing and leading projects
  • Ability to quickly build strong rapport and relationships with internal partners and suppliers
  • Experience creating and leading complex RFx initiatives
  • Comfortable interpreting and summarizing data from disparate sources
  • Experience participating in supplier quarterly business reviews
  • Ability to influence a diverse group of internal customers
  • Proficient in Microsoft Word, Excel, and PowerPoint

About you

  • 2-4 years' experience in a procurement/sourcing role with demonstrable increasing responsibility and complexity
  • Bachelor's degree in supply chain management, business or related
  • Indirect sourcing experience preferred
  • CPSM designation a plus

Location

  • Hybrid role with 2 days per week onsite in our Downtown Detroit office

Pursuant to the San Francisco Fair Chance Ordinance, Los Angeles Fair Chance Initiative for Hiring Ordinance, and any other state or local hiring regulations, we will consider for employment any qualified applicant, including those with arrest and conviction records, in a manner consistent with the applicable regulation.

Pursuant to the various pay transparency laws/acts, the base salary range is $100,000.00 to $120,000.00 plus opportunities for benefits (e.g., medical, dental), equity and discretionary bonuses. Compensation is dependent on geography and may vary.

About Us

StockX is proud to be a Detroit-based technology leader focused on the large and growing online market for sneakers, apparel, accessories, electronics, collectibles, trading cards, and more. StockX's powerful platform connects buyers and sellers of high-demand consumer goods from around the world using dynamic pricing mechanics. This approach affords access and market visibility powered by real-time data that empowers buyers and sellers to determine and transact based on market value. The StockX platform features hundreds of brands across verticals including Jordan Brand, adidas, Nike, Supreme, BAPE, Off-White, Louis Vuitton, Gucci; collectibles from artists including KAWS and Takashi Murakami; and electronics from industry-leading manufacturers Sony, Microsoft, Nvidia, and Apple. Launched in 2016, StockX employs more than 1,000 people across offices and verification centers around the world.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. StockX reserves the right to amend this job description at any time.