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Full-Time

Procurement Senior Sourcing Analyst

Posted on 9/13/2024

Qualtrics

Qualtrics

5,001-10,000 employees

Experience management software for businesses

Enterprise Software
AI & Machine Learning

Mid

Provo, UT, USA

Hybrid work model requires in-office presence three days a week (Mondays, Thursdays, and one additional day).

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
Management
Requirements
  • 3+ years of experience in Category/Sourcing management
  • Proven ability to influence stakeholders
  • Proven ability to deliver hard savings, build strong provider relations, and drive change
  • Bachelors’ degree required
Responsibilities
  • Develop and execute effective category strategies supported by executable sourcing plans
  • Lead strategic sourcing projects with business executives while running a full portfolio of sourcing relationships
  • Act as a consultant to business partners in the supplier sourcing process, communicating approach for supplier agreement negotiations and/or ongoing projects
  • Partner with internal organizations to: define moderate to complex product/service requirements; assist with identifying suppliers; run RFx process and evaluations; provide supplier evaluation framework; and make recommendations on supplier selection
  • Conduct analysis, coordinate key partner participation (Legal, Tax, Information Security, Finance, etc.), and execute supporting administrative processes
  • Facilitate efforts across multiple products/brands as well as multiple geographies in developing solutions to problems
  • Build, communicate, and execute on sourcing project work plan and timeline. Identify supporting efforts, dependencies, or barriers. Identify and track any sourcing issues, track and report progress
  • Draft and redline commercial components of master purchasing and service contracts, statements of work, and software as a service and licensing agreements
  • Assist with risk analysis to identify issues (financial, operational, and/or regulatory) and develop risk mitigation strategies. Communicate risks and alternative mitigation strategies to business owners and cross-functional partners
  • Support clients in the management of suppliers as it relates to communicating basic contract terms and expectations internally and to the supplier; provide support for contract changes, escalations, remediation, and termination planning
  • Perform category management and identify data and research resources in the industry. Track the competitive landscape and identify emerging supplier candidates
  • Handle administrative processes and activity reporting as needed to support projects.
  • Support other business-related activities as directed by management
  • Strong familiarity with Procure-to-Pay (Req to PO)
  • Other duties as assigned by the management

Qualtrics provides Experience Management (XM) software that helps organizations enhance the experiences of their customers and employees. The XM platform uses artificial intelligence to collect and analyze data from various sources, allowing businesses to make informed decisions. Qualtrics offers three main suites of tools focused on customer feedback, employee engagement, and product performance, which help organizations improve these areas continuously. This approach can lead to increased market share and brand loyalty. The company operates on a subscription-based model, providing clients with access to its platform and additional professional services like consulting and training. Qualtrics stands out in the market due to its AI-driven insights and focus on ongoing improvement, making it a valuable partner for organizations aiming to grow and enhance their brand.

Company Stage

Series C

Total Funding

$595.2M

Headquarters

Provo, Utah

Founded

2002

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-7%

2 year growth

-8%
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Simplify's Take

What believers are saying

  • Recognition as a leader in Journey Orchestration by Forrester validates Qualtrics' vision and strengthens its market position.
  • Strategic partnerships, such as with Flight Centre and Lakeside Software, demonstrate Qualtrics' influence and capability in enhancing customer and employee experiences.
  • The appointment of experienced leaders like Lynn Girotto as CMO indicates a strong focus on brand growth and market expansion.

What critics are saying

  • The competitive landscape in Experience Management is intense, with numerous players vying for market share, which could impact Qualtrics' growth.
  • Relying heavily on AI-driven insights may pose challenges if the technology fails to meet evolving customer expectations.

What makes Qualtrics unique

  • Qualtrics' AI-driven XM platform offers a comprehensive suite of tools for customer feedback, employee engagement, and product performance, setting it apart from competitors who may focus on only one of these areas.
  • The company's strong focus on continuous improvement and actionable insights through AI analytics provides a significant competitive edge in the Experience Management market.
  • Qualtrics' subscription-based model ensures a stable revenue stream, allowing for consistent platform enhancements and superior customer support.

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Benefits

Work hard/play hard - For every bit of hard work we put in, we have twice the fun. Whether that means taking a break in a massage chair or hitting the slopes after work, Qualtrics makes sure that employees take time to recharge and live it up. Everyone receives $1500 annually to spend on a ‘bucket list’ adventure.

Upward mobility - Because we’re a hyper-growth company, getting promoted and taking on more opportunity is always an option. We hire individuals who have what it takes to quickly step into the next role and take on opportunities beyond their core job description.

Office perks - We believe in a workspace that allows you to take a breather and pepper fun throughout your day. Grab a beer in the Dublin office pub, enjoy Seattle’s rooftop patio overlooking the Puget Sound, or raid one of the many kitchens around Provo’s office.

Global - Qualtrics employees are plugged into a network of experienced professionals around the globe. With weekly company-wide video meetings and our own internal social network, employees get global experience and stay up-to-date on what’s happening across the organization.

Total rewards - The term “benefits” doesn’t really do our employee rewards program justice. We provide medical, dental, and vision insurance, 20+ days of annual leave, generous retirement fund contributions, quarterly bonuses, and tons of career mobility.

High bar - We don’t hire cutthroat individuals who only care about themselves. We’re looking for top performers with a wide array of professional and personal experience. Our employees are driven, intelligent, diverse and interesting people who work well in teams and know how to have fun.

INACTIVE