PayPal
Sr Analyst, Strategic Sourcing — PayPal
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Sr Analyst, Strategic Sourcing
role at
PayPal . PayPal has been revolutionizing commerce globally for more than 25 years. We enable merchants and consumers to connect, transact, and pay securely across approximately 200 markets. Our values of Inclusion, Innovation, Collaboration, and Wellness guide how we work as one global team with customers at the center of everything we do. Overview
This job involves independent collaboration to enhance the quality and efficiency of sourcing processes. The Sr Analyst conducts research to identify potential vendors, oversees team performance, and analyzes data to provide insights for sourcing strategies. They are responsible for developing documentation of best practices and process improvements, ensuring alignment with PayPal's procurement goals. Essential Responsibilities
Develop and implement strategic sourcing plans that align with PayPal's overall business objectives and procurement strategies. Conduct comprehensive category and supplier analysis to identify opportunities for cost savings, risk mitigation, and performance improvement. Lead negotiations with suppliers to secure favorable terms, pricing, and service levels, ensuring optimal value for PayPal. Manage supplier relationships to ensure high-quality performance, compliance with contractual obligations, and continuous improvement. Collaborate with cross-functional teams to understand business needs, gather requirements, and develop sourcing strategies that support organizational goals. Monitor market trends and industry developments to identify potential risks and opportunities in the procurement landscape. Evaluate and select vendors based on thorough research, assessment, and alignment with PayPal's strategic goals and quality standards. Develop and maintain procurement policies and procedures to ensure compliance with internal and external regulations. Analyze spend data and procurement metrics to track performance, identify areas for improvement, and report findings to senior management. Provide guidance and mentorship to junior analysts and other team members, fostering a culture of continuous learning and professional development. Minimum Qualifications
Minimum of 5 years of relevant work experience and a Bachelor's degree or equivalent experience. Compensation and Benefits
PayPal is committed to fair and equitable compensation practices. The total compensation for this role may include an annual performance bonus, equity, and comprehensive benefits (medical, dental, vision, and more). For more information, visit PayPal benefits at https://www.paypalbenefits.com. The U.S. national annual pay range for this role is $76,500 to $126,500. PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. For guidance on avoiding recruitment fraud, please visit https://careers.pypl.com/contact-us. Work Model
Our balanced hybrid work model offers 3 days in the office and 2 days flexible, depending on location and role requirements. About PayPal and Inclusion
We’re building an equitable and inclusive global economy. PayPal is an equal employment opportunity employer. We provide accommodations for qualified individuals with disabilities. For more information, visit our diversity and inclusion resources at PayPal. If you are interested in opportunities at PayPal, please apply and join our Talent Community. REQ ID: R0129432 Location: Chicago, IL
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Join to apply for the
Sr Analyst, Strategic Sourcing
role at
PayPal . PayPal has been revolutionizing commerce globally for more than 25 years. We enable merchants and consumers to connect, transact, and pay securely across approximately 200 markets. Our values of Inclusion, Innovation, Collaboration, and Wellness guide how we work as one global team with customers at the center of everything we do. Overview
This job involves independent collaboration to enhance the quality and efficiency of sourcing processes. The Sr Analyst conducts research to identify potential vendors, oversees team performance, and analyzes data to provide insights for sourcing strategies. They are responsible for developing documentation of best practices and process improvements, ensuring alignment with PayPal's procurement goals. Essential Responsibilities
Develop and implement strategic sourcing plans that align with PayPal's overall business objectives and procurement strategies. Conduct comprehensive category and supplier analysis to identify opportunities for cost savings, risk mitigation, and performance improvement. Lead negotiations with suppliers to secure favorable terms, pricing, and service levels, ensuring optimal value for PayPal. Manage supplier relationships to ensure high-quality performance, compliance with contractual obligations, and continuous improvement. Collaborate with cross-functional teams to understand business needs, gather requirements, and develop sourcing strategies that support organizational goals. Monitor market trends and industry developments to identify potential risks and opportunities in the procurement landscape. Evaluate and select vendors based on thorough research, assessment, and alignment with PayPal's strategic goals and quality standards. Develop and maintain procurement policies and procedures to ensure compliance with internal and external regulations. Analyze spend data and procurement metrics to track performance, identify areas for improvement, and report findings to senior management. Provide guidance and mentorship to junior analysts and other team members, fostering a culture of continuous learning and professional development. Minimum Qualifications
Minimum of 5 years of relevant work experience and a Bachelor's degree or equivalent experience. Compensation and Benefits
PayPal is committed to fair and equitable compensation practices. The total compensation for this role may include an annual performance bonus, equity, and comprehensive benefits (medical, dental, vision, and more). For more information, visit PayPal benefits at https://www.paypalbenefits.com. The U.S. national annual pay range for this role is $76,500 to $126,500. PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. For guidance on avoiding recruitment fraud, please visit https://careers.pypl.com/contact-us. Work Model
Our balanced hybrid work model offers 3 days in the office and 2 days flexible, depending on location and role requirements. About PayPal and Inclusion
We’re building an equitable and inclusive global economy. PayPal is an equal employment opportunity employer. We provide accommodations for qualified individuals with disabilities. For more information, visit our diversity and inclusion resources at PayPal. If you are interested in opportunities at PayPal, please apply and join our Talent Community. REQ ID: R0129432 Location: Chicago, IL
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