Full-Time
Director – Procurement
Posted on 9/20/2024
C3.ai
1,001-5,000 employees
Enterprise AI software for digital transformation
Compensation Overview
$158k - $200kAnnually
Senior
No H1B Sponsorship
San Carlos, CA, USA
Located onsite at headquarters in Redwood City, CA.
- Bachelor’s degree in Business Administration, Supply Chain Management, or related field; Master’s degree preferred.
- Minimum of 10 years of experience in procurement, with at least 5 years in a leadership role.
- Proven track record of developing and implementing successful procurement strategies.
- Strong negotiation, communication, and interpersonal skills.
- Experience with ERP systems and procurement software.
- Ability to work in a fast-paced, dynamic environment with a focus on results.
- Develop and implement procurement policies and strategies that align with the company’s growth objectives
- Act as the internal consultant on best practices in procurement, category management, and supplier management.
- Ensure procurement processes align with goals while adhering to budget and timeline constraints.
- Analyze spend data, internal needs, and external supply markets to create strategic sourcing plans aligned with business objectives.
- Identify opportunities for competitive bidding and process improvements.
- Oversee robust supplier selection processes using market analysis, precise RFPs, and data-driven methods.
- Optimize procurement processes for cost savings and efficiency.
- Collaborate with internal stakeholders across departments to align procurement with project needs.
- Regularly report on procurement metrics, performance and opportunities for improvement.
C3.ai develops large-scale AI applications designed to help businesses undergo digital transformation. Their products focus on integrating artificial intelligence into various business operations to improve efficiency and decision-making. The C3 AI Application Platform allows companies to create, deploy, and manage AI solutions tailored to specific needs, covering areas like customer relationship management, supply chain optimization, and sustainability. A key differentiator for C3.ai is its low-code and no-code development environments, which enable users with different technical skills to build AI applications without needing extensive programming knowledge. The goal of C3.ai is to make AI accessible to a wide range of industries, facilitating operational efficiency and driving digital transformation.
Company Stage
IPO
Total Funding
$215.8M
Headquarters
Redwood City, California
Founded
2009
6 month growth
↑ 11%1 year growth
↑ 12%2 year growth
↑ 29%
Simplify's Take
What believers are saying
- Strategic alliance with Microsoft enhances market reach and customer base.
- Improved revenue guidance indicates strong operational performance and potential profitability.
- Focus on AI-driven sustainability solutions opens new revenue streams.
What critics are saying
- Increased competition from Palantir threatens C3.ai's market share.
- CEO's share sale may create market volatility and affect stock price.
- Dependency on Microsoft partnership poses risks if dynamics change.
What makes C3.ai unique
- C3.ai offers a comprehensive suite of industry-specific AI applications.
- The company provides no-code solutions, enabling non-technical users to leverage AI.
- C3.ai's open, model-driven architecture simplifies data science and application development.
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Benefits
Education - Lifelong learning is a part of C3 AI. That’s why we will cover the total cost for employees to earn a master’s degree in computer science online. Those who complete the degree get three more big perks—a $25,000 cash bonus, a guaranteed 15% raise and a stock grant.
Relax and recharge - In the United States, C3 AI offers 15 days of paid time off every year. As your tenure with the company grows so does your paid time off! C3 AI also offers 10 paid public holidays around which you can build your vacation leave.
Training - C3 AI holds monthly employee training sessions as well as weekly lunch-and-learns. C3 AI also encourages further education by offering bonuses for the successful completion of select online courses.
Health coverage - C3 AI offers competitive coverage. Our program includes medical, dental, and vision.
401K - C3 AI offers fund options via Charles Schwab for retirement savings.
Equity - Restricted stock units are granted to all full-time C3 AI employees.
Free gym membership - To help keep you at the top of your game, C3 AI offers employees a free gym membership at our state-of-the-art fitness facility.
Catered lunches daily - C3 AI provides a fully stocked snack area and beverage refrigerator that contains everything from energy drinks to sodas and iced tea. Every day C3 AI provides a catered, gourmet lunch so that the team can relax together and share ideas.
Commuter check program - C3 AI offers tax saving commuter benefits program.
Travel assistance - Employees are provided global health insurance while traveling for business
Ping-pong and pool tables - C3 AI has been known to host ping-pong and pool tournaments, allowing you to step away from the monitor. This is the perfect opportunity to enjoy coworkers while hitting a white ball at them.
Friday happy hour - Relax and unwind at the end of the week at C3’s weekly Friday Happy Hour. Enjoy good food, good drinks and great company at our office.
Flexible spending accounts - C3 AI offers both Health Care and Dependent Care Flexible Spending Accounts. Both accounts enable you to pay for essential health and wellness before you pay taxes on it.
Life insurance - C3 AI offers short term / long term disability, life insurance and AD&D insurance.
Additional leave benefits - C3 AI offers paid time off for bereavement and jury leave.
Continental breakfast - It’s the most important meal of the day. C3 AI offers breakfast five days a week, including oatmeal, cereal, fruit, and delicious coffee.