Strategic Sourcing Manager

| Chicago

Do you want to drive cost optimization across all technology systems and services for an innovative, fast-paced company?

 

Groupon’s mission is to become the daily habit in local commerce and fulfill our purpose of building strong communities through thriving small businesses by connecting people to a vibrant, global marketplace for local services, experiences and goods. In the process, we’re positively impacting the lives of millions of customers and merchants globally. Even with thousands of employees spread across multiple continents, we still maintain a culture that inspires innovation, rewards risk-taking and celebrates success. If you want to take more ownership of your career, then you're ready to be part of Groupon.

 

Groupon Finance prioritizes cost optimization efforts in consultation with internal stakeholders and strategic vendors across all company spend. We take a multi-disciplinary approach to cost optimization, combining procurement expertise, industry knowledge, and financial acumen. We drive the organization's focus in adapting to upcoming opportunities and challenges in the market.

 

We are searching for a tenacious and analytical Strategic Sourcing Manager to join our team. You will be responsible for optimizing costs and helping to run the category spend related to indirect procurement for non-technical categories such as Marketing, Logistics, HR and Professional Services. You will ensure Groupon selects and manages cost-effective and innovative suppliers who support our efforts to redefine local commerce. This role will support the Senior Manager and/or Senior Director, Cost Optimization to perform financial analysis, client partner management, supplier performance management, continuous cost and performance improvement activities.

 

We're a "best of both worlds" kind of company. We're big enough to have resources and scale, but small enough that a single person has a surprising amount of autonomy and can make a meaningful impact. We're curious, fun, a little intense, and kind of obsessed with helping local businesses thrive. Does that sound like a compelling place to work?

 

You’ll spend time on the following:

  • You will work with financial data to determine total cost of ownership to inform various business decisions

  • You will conduct research and discover how market conditions could holistically affect the organization

  • Project manage procurement led initiatives; take notes and follow up on meeting action items

  • Perform interviews and co-facilitate supplier and business partner meetings

  • Analyze market, customer requirements, pricing, category etc. to recommend the appropriate business strategy

  • Combine analysis from financial and human resources data sources to request supplier quotes and to develop RFPs that yield continuous cost improvements

  • Communicate to leaders, customers and project teams on progress, barriers, results, and new opportunities

  • Ensure compliance with company policies and procedures, ethical practices and adherence to relevant laws and regulations

  • Work with Legal and Information Security to minimize vendor risks across financial, operational, and regulatory topics

  • You will develop metrics and critical metrics to measure vendor performance

  • Maintain vendor scorecards and dashboards to aid with company-wide vendor management efforts

 

We’re excited about you if you have:

  • Bachelor’s degree in Business Administration, Finance, Economics, Management, Supply Chain Management or related discipline required; advanced degree preferred.

  • Minimum 5 years experience in cost optimization, buying or procurement-related role

  • Advanced understanding of vendor management, commercial finance and accounting

  • Familiarity with Marketing, Logistics, HR and/or Professional Services (such as financial consulting, legal, BPO) providers

  • Critical thinker regarding business challenges while simultaneously absorbing new knowledge and information

  • A contagious energy, a passion for results and love getting into the details

  • Thrive in a dynamic startup environment and can navigate the ambiguities that come with it

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • C#Languages
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • PerlLanguages
    • PythonLanguages
    • RubyLanguages
    • FluxLibraries
    • jQueryLibraries
    • ReactLibraries
    • ReduxLibraries
    • DjangoFrameworks
    • Ember.jsFrameworks
    • HadoopFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • AccessDatabases
    • HiveDatabases
    • MongoDBDatabases
    • MySQLDatabases
    • PostgreSQLDatabases
    • RedisDatabases
    • TeradataDatabases
    • IllustratorDesign
    • PhotoshopDesign
    • BasecampManagement
    • JIRAManagement
    • SalesforceCRM

Location

Our headquarters is nestled alongside the Chicago River in the bustling River North neighborhood, close to both blue and brown line CTA trains.

An Insider's view of Groupon

How would you describe the company’s work-life balance?

Groupon provides an environment where I can strive for maximum work-life effectiveness, room for growth, and there is always something new to do. I enjoy spending lots of time at work because I love what I do; the hours are not burdensome, Groupon fits me. I define success in my own terms & Groupon provides us with the flexibility to be successful.

Milan

Senior Manager of Operations

What kinds of technical challenges do you and your team face?

We are working on arriving at the optimal attribution models across different areas of our business. For example, the attribution of a purchase to a specific experience — a home page feature, an email, a push notification — likely has a different window of time where we can reasonably say a specific purchase is a result of a specific experience.

Kristi

Data Scientist

How has your career grown since starting at the company?

Here at Groupon, what you do matters. I got my start at Groupon as an intern and have had the opportunity in the past (almost) 5 years to build out a global volunteer program that has engaged over 5,000 employees in over 63,000 hours of service supporting the work of close to 650 nonprofit organizations.

Alicia

Program Manager, Employee & Community Engagement

What projects are you most excited about?

Recently, we committed to having 100% of our job descriptions reviewed for gender balance by the end of 2018. Also for 2018, work will continue with our Employee Resource Groups, who play a pivotal part in the attraction and selection of diverse top talent, and themselves can be developed and promoted into company leaders.

Carlos

Head of Diversity Recruitment

What are Groupon Perks + Benefits

Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Volunteer Time
Perks & Discounts
Casual Dress
Commuter Benefits
Game Room
Recreational Clubs

Additional Perks + Benefits

Fitness benefits. Free office shuttles. Paid parental and family leave. Comprehensive sales training program. Sense of joy. Onsite cafes. Unlimited Routine Time Off (RTO). Flexible spending accounts. Life & AD&D insurance. 401(k). Disability coverage.

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