Strategic Sourcing Specialist

Ping Identity; United States; Remote; USD 77,000 - 109,000; Full time

Job summary

Ping Identity is seeking a Strategic Sourcing Specialist to join their Strategic Sourcing & Procurement team. In this high-visibility role, you will negotiate partnerships and support procurement processes while fostering collaboration across departments. Your expertise will contribute to Ping's strategic goals by optimizing contracts and driving initiatives that enhance operational efficiency. If you have a proven track record in sourcing and a passion for procurement, this position offers an exciting opportunity to make a significant impact in a growing company.

Benefits

Generous PTO & Holiday Schedule

Progressive Healthcare Options

Retirement Programs

Opportunity for Education Reimbursement

Commuter Offset

Qualifications

• 2-4+ years of experience in strategic sourcing & procurement.
• Excellent communication and presentation skills.
• Experience managing corporate insurance contracts.

Responsibilities

• Support the end-to-end Source2Pay process.
• Negotiate and drive best-in-class deals.
• Build relationships with internal stakeholders.

Skills

Negotiation

Cross-functional collaboration

Analytical skills

Communication

Education

Bachelor's degree in supply chain management

Tools

NetSuite

P2P orchestration tools

Job description

At Ping Identity, we believe in making digital experiences both secure and seamless for all users, without compromise. We call this digital freedom. And it's not just something we provide our customers. It's something that inspires our company. People don't come here to join a culture that's built on digital freedom. They come to cultivate it.

Our intelligent, cloud identity platform lets people shop, work, bank, and interact wherever and however they want. Without friction. Without fear.

While protecting digital identities is at the core of our technology, protecting individual identities is at the core of our culture.We champion every identity. One of our core values, Respect Individuality, reminds us to celebrate differences so you are empowered to bring your authentic self to work.

We're headquartered in Denver, Colorado and we have offices and employees around the globe. We serve the largest, most demanding enterprises worldwide, including more than half of the Fortune 100. At Ping Identity, we're changing the way people and businesses think about cybersecurity, digital experiences, and identity and access management.

As a Strategic Sourcing Specialist, you’ll join Ping's growing Strategic Sourcing & Procurement team. This high-visibility position will report to the Senior Manager of Strategic Sourcing. The ideal candidate for this role is an excellent lead negotiator, is familiar with crafting contracts, and is comfortable working cross-functionally to support Ping’s business stakeholders on all levels of strategic projects, supplier engagements, renewal conversations, and more.

What You'll Do:

• Support the end-to-end Source2Pay (Procurement) process, including cross-functional collaboration with FP&A, Legal, Security, Tech, and business owners
• Build relationships with internal stakeholders across the business to understand business requirements, needs, and funding allotments
• Support the review and negotiation of vendor contracts through qualitative and quantitative analysis such as cost modeling, market research, and data collection
• Own the development and implementation of key sourcing strategies and buying channels within various categories at Ping
• Negotiate and drive best-in-class deals for Ping - this is a strategic role and will include many of Ping’s largest enterprise-level engagements
• Lead deep-dive financial analyses into unit-cost economics for our current vendor contracts to ensure contracts are optimized to match go-forward business needs
• Assist in the review, management, and renewal of corporate insurance contracts, ensuring alignment with organizational risk strategy and internal requirements

What You Bring:

• Bachelor's degree in supply chain management, finance, business, or other related field
• 2-4+ years of experience working in strategic sourcing & procurement (SS&P) on a large variety of goods and services categories
• A very high level of self-motivation, initiative, passion, excitement to work cross-functionally, and exceptional interpersonal skills are a MUST have for this role!
• Excellent communication and presentation skills, with the ability to synthesize quantitative & qualitative information into clear recommendations on course of action
• Experience assisting in–or leading–the development and management of category plans, sourcing strategies, key contract terms, and best-in-class processes
• Desire to offer thought leadership and to think creatively at all levels of an organization, from individual contributors to executives
• Familiarity working with NetSuite, other ERPs, ZIP, other P2P orchestration tools, or COUPA, and an eagerness to learn and drive adoption of new technologies
• Experience supporting or managing corporate insurance contracts, including vendor-provided coverage terms, broker negotiations, or internal risk alignment

Salary Range: $77,500–$108,500

In accordance with Colorado’s Equal Pay for Equal Work Act (SB 19-085) the approximate compensation range for this role in Colorado is listed above. Final compensation for this role will be determined by various factors, such as knowledge, skills, and abilities.

Life at Ping:

We believe in and facilitate a flexible, collaborative work environment. We’re growing quickly, but remain true to the innovative, can-do startup values that got us here. Most importantly, we keep hiring talented, smart, fun, and genuinely nice people because that’s who we want to succeed with every day.

Here are just a few of the things that make Ping special:

• A company culture that empowers you to do your best work.
• Employee Resource Groups that create a sense of belonging for everyone.
• Regular company and team bonding events.
• Competitive benefits and perks.
• Global volunteering and community initiatives
• Generous PTO & Holiday Schedule
• Progressive Healthcare Options
• Retirement Programs
• Opportunity for Education Reimbursement
• Commuter Offset (Specific locations)

Ping is the collective sum of all our individual experiences, backgrounds and influences and we pride ourselves in growing and learning together. We are committed to building an inclusive and diverse environment where everyone’s individuality is respected and everyone has an Identity. In recruiting for new colleagues, we welcome the unique contributions you can bring and encourage you to be your best self.

We are an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

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