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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

 

 

Groupon provides a global marketplace where people can buy just about anything, anywhere, anytime. We’re enabling real-time commerce across an expanding range of categories including local businesses, travel destinations, consumer products, and live or lively events. At the same time, we are providing advertising options and tools that merchants can use to grow and manage their businesses. Culturally, we believe that great people make great companies and that starting with the customer and working backward moves us forward. Community matters to us on an internal, local and global scale—it’s fundamental to our company’s growth and to the well-being of the world at large. We also value self-awareness, candor, lunch and WiFi. If we match with you, please apply to join us.

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