Strategic Sourcing Specialist
CohesitySalary not specified
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
$107,000 – $144,900Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Technology, ProcurementIndustries
Requirements
- Bachelor’s degree in Business, Supply Chain, Finance, or a related field
- 7+ years of experience in Procurement, Strategic Sourcing, or Category Management
- 3+ years of experience in the Workplace / Facilities and or Corporate Services (HR, Legal, Finance etc.) category
- Strong negotiation skills with a proven track record of achieving cost savings
- Experience with global procurement, supplier management, and contract negotiations
- Ability to work independently, manage multiple tasks, and drive projects to completion
- Strong analytical and problem-solving skills with data-driven decision-making capabilities
- Proficiency in strategic sourcing methodologies, including spend analysis, category strategy development, and supplier selection
- Understanding of finance/accounting principles related to procurement
- Understanding of the core functions of procurement in a Workplace/Facilities category
- Understanding of the core functions of procurement in a Corporate Services category
- Ability to develop sourcing strategies
Responsibilities
- Develop and execute sourcing strategies to optimize supplier selection, cost savings, and contract terms
- Drive stakeholder compliance with the Snowflake procurement policy and processes
- Lead and manage the end-to-end procurement process, including RFIs, RFPs, and RFQs, evaluating supplier responses and negotiating agreements
- Identify and implement cost reduction initiatives by analyzing spend data, supplier market trends, and business requirements
- Conduct total cost of ownership (TCO) analysis and develop cost models to drive optimal procurement decisions
- Partner with business units and FP&A to align procurement activities with budget goals and financial targets
- Lead and support supplier evaluation, selection, development, and retention to ensure Snowflake is working with the best-in-class providers
- Conduct Quarterly Business Reviews (QBRs) with key suppliers and internal stakeholders to assess performance and drive continuous improvement
- Develop and track supplier performance metrics, ensuring compliance with negotiated SLAs and quality standards
- Lead contract negotiations, drafting, and redlining to secure favorable terms that align with Snowflake’s business objectives
- Ensure compliance with legal and regulatory requirements, mitigating potential risks in supplier agreements
- Collaborate with Legal and Finance teams to streamline the contracting process and manage supplier risk effectively
- Provide strategic analysis and reporting on current and future procurement activities
- Track and measure procurement performance to identify trends, opportunities, and areas for process improvement
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary range for the Senior Sourcing Specialist position?
The salary range is $107K - $144.9K.
Is this a remote role or does it require office presence?
This information is not specified in the job description.
What key skills are required for this Sourcing Specialist role?
The role requires expertise in strategic sourcing methodologies including market and spend analysis, category strategy development, stakeholder collaboration, supplier negotiation, and contract management, along with a strong customer orientation and analytical mindset.
What is the company culture like at Snowflake for this role?
This information is not specified in the job description.
What makes a strong candidate for the Senior Sourcing Specialist position?
A strong candidate is results-driven with a strong customer orientation, analytical mindset, understanding of category strategy, and ability to bridge procurement goals with business objectives.
Snowflake
Data management and analytics platform
About Snowflake
Snowflake provides a platform called the AI Data Cloud that helps organizations manage and analyze their data. This platform allows users to store and process large amounts of data efficiently, offering services like data warehousing, data lakes, data engineering, data science, and data sharing. Snowflake's system works by uniting data from different sources, enabling secure sharing and performing various types of analytics. What sets Snowflake apart from its competitors is its ability to operate seamlessly across multiple public clouds, allowing users to access their data from anywhere. The company's goal is to help businesses leverage their data for better decision-making by providing a flexible subscription-based service that scales according to their needs.
Bellevue, WashingtonHeadquarters
2012Year Founded
$1,341.3MTotal Funding
IPOCompany Stage
Data & Analytics, Enterprise Software, AI & Machine LearningIndustries
5,001-10,000Employees
Benefits
We've got your back - We offer comprehensive health insurance plans, health savings accounts, robust retirement plans, and generous life and disability insurance.
A Balanced Lifestyle - All Snowflakes have access to our weekly online lunch and learns, virtual workout classes, and ergonomic work-from-home equipment. We offer on-demand mental health and wellness programs to support our employees and their families.
Your People Matter - Help offset the cost of growing your family with our fertility benefits and family planning resources. Count on our generous time-off and various leave plans for you to rest, refuel, and sustain a great work-life balance.
Global Snowflake Team - No matter where you are in the world, we will get you connected and supported with a work-from-home setup.
Treat Yourself - Personalize your Snowflake benefits by tapping into our employee discounts and pre-tax selections.
Invest In Your Future - Eligible employees enjoy new hire equity, Employee Stock Purchase Plan (ESPP), and a quarterly bonus or commission program.
Risks
Integration challenges from Datavolo acquisition may disrupt operations and customer service.
Increased competition from Mistral AI could challenge Snowflake's market position.
Convertible senior notes pricing may increase financial pressure if market conditions worsen.
Differentiation
Snowflake offers a unified platform for diverse data workloads, unlike traditional solutions.
The AI Data Cloud enables near-unlimited scale and performance for data mobilization.
Snowflake's seamless multi-cloud experience ensures efficient data operations across locations.
Upsides
Acquisition of Datavolo enhances Snowflake's open data integration capabilities.
Investment in Metaplane boosts AI-driven data quality solutions for Snowflake users.
Snowflake Ventures' investment in Hex expands accessibility of data tools to non-technical users.
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