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Full-Time

Vice President

Global Strategic Sourcing

Confirmed live in the last 24 hours

Vonage

Vonage

1,001-5,000 employees

Cloud-based communication services for businesses

Consulting
Enterprise Software

Senior, Expert

Remote in USA + 2 more

More locations: Holmdel, NJ, USA | Atlanta, GA, USA

Remote option available, but specific locations in Holmdel, NJ and Atlanta, GA are prioritized.

US Top Secret Clearance Required

Category
Procurement & Sourcing
Supply Chain Management
Operations & Logistics
Requirements
  • Minimum of 10-15 years of experience performing strategic sourcing and procurement activities for respective categories, including senior leadership experience. Global expertise in services sourcing and real estate management required.
  • Proven change management skills
  • Management of supplier relationships. Knowledge and capabilities in developing sourcing and supplier strategies. Demonstrated abilities to build and grow supplier relationships
  • Strong vendor performance management and contract administration
Responsibilities
  • Develop sourcing strategies for procurement of all services and products required for BGCP.
  • Lead the organization to assess potential suppliers, negotiate contract terms, and determine vendor partnerships based on factors such as cost-effectiveness, quality and reliability.
  • Utilize strong communication and collaboration skills with business partners and their vendors to set the global strategic and tactical direction for sourcing efforts related to spend categories, consistent with the business vision and strategy and continuously assess future state business needs.
  • Manage the requirements of the National Security Agreement (NSA) as it relates to Vendor Management and long term plans to enhance compliance controls.
  • Ensure the execution of standards, controls, governances, policies, procedures to ensure compliance with all regulatory requirements and ethical standards.
  • Drive vendor management processes and reporting to ensure all NSA requirements are satisfied.
  • Create category sourcing alignment and improve collaboration with Global Sourcing teams.
  • Set OKR’s and KPI’s in alignment with Group Sourcing and business cost improvement needs, setting both cost reduction targets and contractual payment day targets in alignment with business goals.
  • Develop and implement tools and data strategy for Sourcing function.
  • Provide excellent leadership to drive a high performance culture within the Sourcing team, including development of competence plans for the team.
  • Understand and monitor key spending trends, cost drivers, market factors, and geographic considerations
  • Manage and facilitate all aspects of the procurement activities, including vendor evaluations, buyer and supplier processes, and related audits
  • Scrutinize, negotiate and finalize contracts with suppliers.
  • Oversight of the company’s real estate portfolio, including facilities management, workplace services, and identification of new workplaces and related lease negotiation and construction
  • Drive governance reviews to ensure continuous improvement in cost, delivery, and quality performance
  • Uphold company fiduciary responsibilities; actively ensure and maintain adherence to company standards and values, business controls, ethics, policies and procedures, and professional standards

Vonage offers cloud-based communication services that enable businesses to integrate voice, messaging, video, and data capabilities into their applications. Its main products include Communications Platform as a Service (CPaaS), Unified Communications as a Service (UCaaS), and Contact Center as a Service (CCaaS), which help improve customer engagement and streamline internal communications. Unlike its competitors, Vonage uses a dual revenue model with both subscription and usage-based fees, allowing for scalability based on client needs. The company's goal is to modernize business communication infrastructure for various industries.

Company Stage

M&A

Total Funding

$1.1B

Headquarters

Holmdel Township, New Jersey

Founded

2001

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-3%
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Simplify's Take

What believers are saying

  • Vonage's acquisition by Ericsson for $6.2 billion positions it for significant growth and innovation within a global network.
  • Winning multiple awards, including Gold in the 5G category and Best Virtual Agent Platform, highlights Vonage's industry leadership and commitment to cutting-edge technology.
  • Partnerships with major players like Singtel and KDDI Web Communications expand Vonage's global reach and enhance its service offerings.

What critics are saying

  • The $1.09 billion impairment charge by Ericsson could indicate financial challenges or integration issues post-acquisition.
  • The competitive landscape in cloud communications is intense, with numerous players vying for market share, which could impact Vonage's growth.

What makes Vonage unique

  • Vonage's CPaaS, UCaaS, and CCaaS offerings provide a comprehensive suite of communication tools that integrate seamlessly into business processes, unlike competitors who may specialize in only one area.
  • The dual revenue model of subscription and usage-based fees ensures financial stability and scalability, setting Vonage apart from competitors with less flexible pricing structures.
  • Recognition as a leader in the Gartner Magic Quadrant for CPaaS for two consecutive years underscores Vonage's strong market position and visionary approach.

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