Strategic Sourcing Senior Manager at Verkada

San Mateo, California, United States

Verkada Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Physical Security, Cloud Security, TechnologyIndustries

Requirements

  • 5+ years of proven experience in strategic sourcing, technology procurement, and vendor management
  • Strong negotiation skills and experience in negotiating complex contracts
  • Ability to analyze market trends and identify opportunities for cost savings and value optimization
  • Excellent communication skills

Responsibilities

  • Lead the development and implementation of strategic sourcing initiatives for technology portfolio procurement
  • Negotiate complex, high-value contracts and agreements with strategic vendors
  • Identify and execute vendor consolidation opportunities to optimize the technology portfolio
  • Provide strategic guidance to functional partners on procurement decisions, balancing new features, seat/usage expansion, and rip-n-replace considerations & initiatives
  • Build and maintain vendor relationships, ensuring performance and compliance with contracts
  • Conduct market research and analysis to identify trends, opportunities, and risks in technology space and how that may impact sourcing decisions
  • Develop and implement cost-saving strategies and initiatives
  • Monitor and report on key sourcing metrics and performance indicators
  • Collaborate with cross-functional teams such as Legal, Security, and Finance to ensure alignment of sourcing strategies with business needs
  • Ensure compliance with procurement policies and regulations for Verkada’s global scale

Skills

Key technologies and capabilities for this role

Strategic SourcingVendor NegotiationContract NegotiationVendor ManagementProcurement StrategyTechnology Portfolio OptimizationCross-Functional Collaboration

Questions & Answers

Common questions about this position

Is this position remote?

Yes, this is a remote position.

What is the salary for this role?

This information is not specified in the job description.

What experience and skills are required for this position?

Candidates need 5+ years of proven experience in strategic sourcing, technology procurement, and vendor management, along with strong negotiation skills and experience negotiating complex contracts.

What does Verkada do and how big is the company?

Verkada is a leader in cloud-based B2B physical security offering six product lines integrated with a single cloud-based software platform, with 15 offices across three continents, 2,100+ full-time employees, and 30,000+ customers across 70+ countries.

What makes a strong candidate for this Strategic Sourcing Senior Manager role?

A strong candidate will have 5+ years in strategic sourcing, technology procurement, and vendor management, plus strong negotiation skills for complex contracts, with the ability to lead initiatives and collaborate cross-functionally.

Verkada

Provides integrated security solutions for enterprises

About Verkada

Verkada offers security solutions for businesses, focusing on hybrid cloud video surveillance, access control systems, and environmental sensors. Their video surveillance combines on-site cameras with cloud storage for secure and accessible monitoring, while the access control system provides insights into facility access. Verkada's products are designed to be easy to manage and scalable, making them suitable for large enterprises and institutions. The company aims to deliver comprehensive security management through hardware sales and subscription-based software services.

San Mateo, CaliforniaHeadquarters
2016Year Founded
$431.8MTotal Funding
SERIES_DCompany Stage
Enterprise Software, CybersecurityIndustries
1,001-5,000Employees

Benefits

Generous company paid medical, dental & vision insurance coverage
Unlimited paid time off & 11 companywide paid holidays
Wellness allowance
Commuter benefits
Healthy lunches and dinners provided daily
Paid parental leave policy & fertility benefits

Risks

Increased competition may pressure Verkada's market share and pricing strategies.
Rapid EMEA expansion could strain operational resources and lead to mismanagement.
Integration with multiple partners may introduce security vulnerabilities and challenges.

Differentiation

Verkada offers a unified platform integrating video, access, and environmental monitoring.
Their hybrid cloud model ensures secure, accessible video surveillance from anywhere.
Verkada's solutions are scalable, catering to enterprises of all sizes and sectors.

Upsides

Growing demand for cloud-based security in education boosts Verkada's market potential.
Integration with AI-driven analytics enhances security insights and customer value.
Rising interest from Fortune 500 companies strengthens Verkada's enterprise client base.

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