Senior Category Manager, Indirect Sourcing & Procurement

Peloton; New York; Hybrid; USD 168,750 - 207,300; Full time

Job summary

Peloton seeks a Sr. Category Manager, Indirect Sourcing & Procurement to lead spend strategy for assigned categories at our New York HQ. You will build relationships with business leaders and craft supplier portfolios and category plans to drive growth and cost reduction.

You will own RFx processes, negotiate terms, and partner with stakeholders to implement sourcing strategies, with an emphasis on financial discipline and cross-functional execution.

Qualifications

• 6+ years in Indirect Procurement (Logistics/Transportation, Marketing, Technology).
• Education or equivalent experience in business/economics/supply chain.
• Ability to build relationships, set goals, and improve efficiency.
• Strong written and verbal communication skills.

Responsibilities

• Develop sourcing strategies for indirect procurement categories.
• Lead cost-saving initiatives and manage RFx processes.
• Negotiate contracts and terms with suppliers.
• Align procurement activities with SOX controls and governance.

Skills

Stakeholder management

Cross-functional collaboration

Negotiation

Strategic thinking

Communication

Multi-tasking

Self-motivation

Team orientation

Education

Business, Economics or Supply Chain

Related field of study

Job description

ABOUT THE ROLE

Peloton is looking for a Sr. Category Manager, Indirect Sourcing & Procurement to join our Global Procurement team. This individual manages the overall direction-process and spend associated with Peloton’s purchases for assigned categories. This role will be accountable for building strong relationships with business stakeholders and partnering with them to establish a cohesive supplier portfolio and spend category strategies based on business needs - market segmentation assessments, supplier spend and concentration analyses, total cost modeling across different functions and regions for multiple categories purchases to enable timely and efficient growth of our business including identifying business requirements and specifications, developing and implementing sourcing strategies, conducting cost evaluations, managing RFx, and leading contract negotiations for all assigned categories and drive execution of the objectives aligned with Peloton's goals. Must be results-driven about business cost reduction, revenue increasing initiatives, aggregating supplier volume/reducing price, and identifying new opportunities. Work closely with team leads, budget owners, and leadership throughout the assigned categories.

YOUR DAILY IMPACT AT PELOTON

• Actively support the development of sourcing strategies using Peloton global spend where possible, translate strategy into objectives/action plans, and drive execution of the objectives for logistics and distribution categories aligned with the business/sourcing strategy and company goals
• Optimize total direct and indirect costs for the business while collaborating with stakeholders of assigned categories
• Lead sourcing efforts and direct the execution of effective cost saving initiatives
• Effectively lead/project manage cross-functional teams through RFP process including requirements definition, bid/negotiations, contract documentation, and integration ensuring appropriate approvals are acquired
• Support the scaling of Peloton’s capabilities by finding opportunities for efficiencies and operational improvements
• Responsible for commercial terms negotiations of price, terms, and the scope of services, etc.
• Ensure sourcing and other procurement activity is aligned with SOX and appropriate internal Peloton controls for segregation of duties and appropriate fiduciary controls
• Develop and direct the execution of effective cost savings initiatives
• Effective communication of cost savings initiatives through leadership participation and reporting
• Conduct and manage logistics provider Quarterly Business Reviews for top providers
• Align closely with trade compliance function to ensure providers are following international trade laws and Peloton policies
• Implement and supervise process improvements, training, and talent development

YOU BRING TO PELOTON

• Over 6+ years specific to Indirect Procurement such as Logistics/Transportation, Marketing, Technology categories
• Relevant education or equivalent work experience in Business, Economics, Supply Chain Management or a related field of study
• Ability to build and maintain productive working relationships, set goals, resolve problems, and make decisions that improve organizational efficiency
• Highly results-oriented with a successful record of accomplishments
• Strong interpersonal, written, and verbal communication skills - the ability to understand and clearly communicate complex topics
• Flexibility to respond to evolving requirements and multifaceted priorities in a fast-paced project environment
• You should have the ability to balance multiple projects at various phases
• Ability to work both tactically and strategically in a team-oriented, collaborative environment to meet the needs of the business
• Act as a self-starter and great teammate and hold a customer-first approach

#LI-SS1
#LI-Hybrid

The base salary range represents the low and high end of the anticipated salary range for this position based at our New York City headquarters. The actual base salary offered for this position will depend on numerous factors including, without limitation, experience and business objectives and if the location for the job changes. Our base salary is just one component of Peloton’s competitive total rewards strategy that also includes annual equity awards and an Employee Stock Purchase Plan as well as other region-specific health and welfare benefits.

As an organization, one of our top priorities is to maintain the health and wellbeing for our employees and their family. To achieve this goal, we offer robust and comprehensive benefits including:

• Medical, dental and vision insurance
• Generous paid time off policy
• Short-term and long-term disability
• Access to mental health services
• 401k, tuition reimbursement and student loan paydown plans
• Employee Stock Purchase Plan
• Fertility and adoption support and up to 18 weeks of paid parental leave
• Child care and family care discounts
• Free access to Peloton Digital App and apparel and product discounts
• Commuter benefits and Citi Bike Discount
• Pet insurance and so much more!

Base Salary Range

$168,750—$207,300 USD

ABOUT PELOTON:

Peloton (NASDAQ: PTON) provides Members with expert instruction, and world class content to create impactful and entertaining workout experiences for anyone, anywhere and at any stage in their fitness journey. At home, outdoors, traveling, or at the gym, Peloton brings together innovative hardware, distinctive software, and exclusive content. Founded in 2012 and headquartered in New York City, Peloton has millions of Members across the US, UK, Canada, Germany, Australia, and Austria. For more information, visit www.onepeloton.com.

Peloton is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. Equal employment opportunity has been, and will continue to be, a fundamental principle at Peloton, where all team members, applicants, and other covered persons are considered on the basis of their personal capabilities and qualifications without discrimination because of race, color, religion, sex, age, national origin, disability, pregnancy, genetic information, military or veteran status, sexual orientation, gender identity or expression, marital and civil partnership/union status, alienage or citizenship status, creed, genetic predisposition or carrier status, unemployment status, familial status, domestic violence, sexual violence or stalking victim status, caregiver status, or any other protected characteristic as established by applicable law. This policy of equal employment opportunity applies to all practices and procedures relating to recruitment and hiring, compensation, benefits, termination, and all other terms and conditions of employment. If you would like to request any accommodations from application through to interview, please email: [e-mail].

At Peloton, we embrace technology, including AI, to enhance productivity and accelerate innovation in the work we do for our members. However, in our hiring process, our priority remains in getting to know you and your unique qualifications. To ensure a fair and equitable process, we do not permit the use of AI tools during any stage of the application and interview process. In considering you as an applicant, we want to understand your skills, experiences, and motivations without mediation through an AI system. We also want to directly assess your communication skills without the use of an AI tool.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance and the San Francisco Fair Chance Ordinance, as applicable to applicants applying for positions in these jurisdictions.