Sr. Sourcing Analyst - 10897 at Coupa Software

Salt Lake City, Utah, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Software, Procurement, Spend ManagementIndustries

Requirements

3+ years of progressive experience in Strategic Sourcing, Procurement, or 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

Responsibilities

Support the development and execution of detailed sourcing strategies for indirect categories, using spend analysis in Coupa to identify cost-reduction and supplier consolidation opportunities
Manage end-to-end competitive sourcing events (RFx, auctions) in the Coupa Sourcing module, analyze supplier proposals, and lead commercial negotiations to achieve savings and mitigate risk
Utilize the Coupa Contract Management module to draft and manage agreements, ensuring full spend compliance against contracted terms (pricing, volume) and correct PO linkage
Partner with the Supplier Lifecycle team to ensure a seamless, automated onboarding and risk-vetting process for all newly awarded suppliers
Act as the primary procurement contact for internal business units, educating them on the sourcing process while also tracking, validating, and reporting all realized savings to Finance

Skills

Coupa

Spend Analysis

Sourcing

RFx

Auctions

Contract Management

Negotiation

Supplier Management

Category Strategy

Source-to-PO

Coupa Software

Cloud-based spend management and procurement solutions

About Coupa Software

Coupa Software provides a cloud-based platform for spend management and procurement solutions. Its suite of tools helps businesses manage their expenditures by integrating procurement, invoicing, and expense management into one system. This integration reduces inefficiencies that occur when these processes are handled separately. Coupa serves a wide range of clients, from large enterprises to mid-sized companies, across various industries. The company operates on a subscription-based model, allowing clients to pay a recurring fee for access to its tools, which can be scaled as needed. Coupa differentiates itself from competitors by offering a user-friendly interface that resembles online shopping, promoting high user adoption and satisfaction. The goal of Coupa Software is to help businesses control costs and improve financial efficiency through its comprehensive platform.

San Mateo, CaliforniaHeadquarters

2006Year Founded

$164.4MTotal Funding

IPOCompany Stage

Enterprise SoftwareIndustries

1,001-5,000Employees

Benefits

Insurance Package

Family Support

Legal Assistance

Student Loan Assistance

Employee Assistance

Discounts

Risks

Rising AI model costs could impact Coupa's pricing strategy and competitiveness.

Increased competition from AI-integrated procurement solutions may challenge Coupa's market position.

Security and trust in digital payments require continuous enhancements to avoid reputational damage.

Differentiation

Coupa integrates procurement, invoicing, and expense management into a single cloud-based platform.

The company offers a user-friendly interface that mimics online shopping for high adoption rates.

Coupa's robust data set of over $7 trillion in spend enhances decision-making capabilities.

Upsides

AI-driven procurement solutions are gaining traction, enhancing efficiency and decision-making.

Coupa's focus on supply chain visibility earned it a 2024 Top Software & Tech Award.

The shift in procurement to a strategic growth lever aligns with Coupa's comprehensive solutions.

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