Sourcing Analyst - Technology (Foster City, CA or Austin, TX)

  • Full-time
  • Job Family Group: Technology and Operations

Company Description

Common Purpose, Uncommon Opportunity. Everyone at Visa works with one goal in mind – making sure that Visa is the best way to pay and be paid, for everyone everywhere. This is our global vision and the common purpose that unites the entire Visa team. As a global payments technology company, tech is at the heart of what we do: Our VisaNet network processes over 13,000 transactions per second for people and businesses around the world, enabling them to use digital currency instead of cash and checks. We are also global advocates for financial inclusion, working with partners around the world to help those who lack access to financial services join the global economy. Visa’s sponsorships, including the Olympics and FIFA™ World Cup, celebrate teamwork, diversity, and excellence throughout the world. If you have a passion to make a difference in the lives of people around the world, Visa offers an uncommon opportunity to build a strong, thriving career. Visa is fueled by our team of talented employees who continuously raise the bar on delivering the convenience and security of digital currency to people all over the world. Join our team and find out how Visa is everywhere you want to be.

“Visa will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of Article 49 of the San Francisco Police Code.”

Job Description

Overview:

The primary purpose of this position is to assist Global Sourcing’s Category Leads in identifying cost savings opportunities across the company and assist in leading cross-functional teams to achieve optimal total cost of ownership.

Responsibilities:

  • Lead portfolio of strategic and tactical vendors to negotiate and drive out best-in-class deals for Visa.
  • Work with Category Leads and internal customer groups to establish specifications for focused categories.

  • Build relationships with business partners in Technology to facilitate Sourcing engagement

  • Perform market analysis, benchmark analysis and spend analysis for focused categories.

  • Support the development and execution of Category sourcing strategies within the Technology space, particularly Software.

  • Assist in the facilitation of supplier selection and the negotiation process.

  • Identify, select, and manage suppliers who have the capacity and capability to meet the needs of the business.

  • Perform savings tracking and report realized savings on a continuous base.

  • Ensure realized savings ties back to departmental budget.

  • Monitor supplier performance and manage supplier relationship for key suppliers across multiple business divisions.

  • Setup Sourcing events of low-medium complexity (RFI, RFP, RFQ).

  • Assists in, and facilitates, negotiations, in conjunction with the business owners to establish contract terms and conditions.

  • Reviews and approves contracts in accordance with company terms and conditions.

  • Interacts with Legal and other company departments and agencies to analyze risks associated with agreements and develop language to minimize exposure whenever needed.

Qualifications

  • 5+ years of experience as a sourcing and/or procurement professional, preferably with a focus on IT spend/vendor relationships.
  • 5+ years of experience assisting in, or leading, the development and management of category plans or sourcing strategies.

  • In-depth understanding of the supplier marketplace for the assigned category(ies); deep industry and/or professional relationships with suppliersin the categories a plus

  • Track record of increasing responsibility for IT vendor management initiatives, including but not limited to the execution of (or assistance in) sourcing events (RFP, RFI, etc).

  • Excellent written, oral and presentation skills and an ability to synthesize complex and technical information into clear recommendations on course of action.

  • Knowledgeable about contract terms and conditions.

  • Demonstrated contract and agreement negotiation experience, including development of negotiating plans and strategies.

  • Experience managing internal customers and users of the category’s goods or services and experience tracking and directing demand to preferred suppliers.

  • Strong relationship management skills and ability to influence at a mid-to-senior management level both internally and externally.

  • High level of self-motivation and initiative, and ability to operate as a team player.

  • Willingness to offer thought leadership, to think creatively, and to offer new ways to approach old problems

  • Undergraduate degree required, graduate degree in business, economics or public policy preferred

Additional Information

All your information will be kept confidential according to EEO guidelines.

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