Procurement Sourcing Specialist at Blackstone

New York, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Private Equity, Asset Management, Financial ServicesIndustries

Requirements

Significant experience executing strategic sourcing process for a large, complex, global corporation
Deep experience with, and strong understanding of, all facets of the eSourcing value, process, and tools
A proven track record of delivering distinctive eSourcing results across all types of capital, direct, and indirect spend categories
The strategic, analytical, and interpersonal skills to act as an effective change agent, unlocking barriers to eSourcing institutionalization and impact across the portfolio globally
Skilled at data analysis (Strong Excel and database skills a significant plus)
Expert understanding of, and significant experience with, multi-step strategic sourcing processes and category management strategies
Strong project management skills, including stakeholder, timeline, and meeting management talent
Results-oriented with strong commercial judgment
Excellent professional relationship building and management skills
Program management talent to institutionalize the program

Responsibilities

Provide support for every possible need on eSourcing including: pipeline development, issue resolution, event strategy and execution, reporting, supplier engagement, etc
Support a select group of portfolio companies in a deeper more hands-on approach to demonstrate leadership capability
Drive significant growth of eSourcing impact across the global portfolio
Help drive eSourcing capability, adoption, and deeper integration within and across existing portfolio companies
Establish eSourcing as a standard best practice with new Blackstone portfolio company investments

Skills

Procurement

Strategic Sourcing

eSourcing

Spend Management

Supplier Management

Contract Negotiation

Group Purchasing

Indirect Spend

Blackstone

Global alternative asset management firm

About Blackstone

Blackstone is a leader in alternative asset management, focusing on private equity, real estate, and credit investments. The firm manages over $1.1 trillion in assets and partners with financial advisors to provide access to private markets, aiming to create strong businesses that deliver lasting value. Its main products, BREIT and BCRED, cater to income-focused investors, while the On-Demand Continuing Education Program helps educate investors on private market topics. Blackstone's goal is to identify economic trends and invest in industry-leading businesses to generate strong returns.

New York City, New YorkHeadquarters

1985Year Founded

$18,081.8MTotal Funding

UNKNOWNCompany Stage

Financial Services, Real Estate, EducationIndustries

5,001-10,000Employees

Risks

Increased competition in AI may lead to overvaluation and market saturation.

Potential regulatory scrutiny due to significant investments in diverse sectors.

Economic instability in Europe could impact returns from European investments.

Differentiation

Blackstone is a global leader in alternative asset management with $1.1 trillion AUM.

The firm specializes in private equity, real estate, and credit investments.

Blackstone partners with financial advisors to provide access to private markets.

Upsides

Blackstone's $300M investment in DDN shows a strategic pivot towards AI-driven growth sectors.

The €250M investment in Sia Partners expands Blackstone's footprint in AI consulting services.

Partnership with Jersey Mike’s indicates investment in established consumer brands with growth potential.

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