Sr. Sourcing Analyst - Corporate Services

Elastic, the Search AI Company, enables everyone to find the answers they need in real time, using all their data, at scale — unleashing the potential of businesses and people. The Elastic Search AI Platform, used by more than 50% of the Fortune 500, brings together the precision of search and the intelligence of AI to enable everyone to accelerate the results that matter. By taking advantage of all structured and unstructured data — securing and protecting private information more effectively — Elastic’s complete, cloud-based solutions for search, security, and observability help organizations deliver on the promise of AI.

What is The Role

As Sr. Analyst, Strategic Sourcing you will be responsible for global sourcing of specified categories as well as strategic thought leadership in building the sourcing and procurement function in Elastic. You will thrive in navigating ambiguity, adapt quickly to a changing environment, taking a global view, being data driven and have a passion for optimizing process and structure. You balance critical, long-term thinking about how we scale the function with hands-on delivery to ensure what needs to happen today gets done. We’re looking for people with strong influencing skills who are effective collaborating with multiple teams and building strong relationships with stakeholders.

You will lead global sourcing activities associated with selected corporate services and marketing spend categories, including supplier strategy development and coordination of activities to ensure that cost and value-added requirements are met. You will be expected to drive projects in all aspects of the sourcing process, from category assessment, cost savings opportunities, vendor due diligence, RFx, contract negotiations, and vendor management. Business services spend categories include but are not limited to, Professional Services, Financial and Legal Services, Recruitment Agencies, Facilities, CAPEX, Benefits, and various Human Resources categories.

What You Will Be Doing

• Building and enhancing relationships with key stakeholders within the Finance, Legal, HR, Workplaces and Sales departments to develop sourcing strategies to meet their requirements

• Collaborating with Finance and Planning counterparts to proactively monitor and evaluate strategic sourcing opportunities and help drive planning and budgeting processes

• Performing spend, market, and vendor analytical research, and communicating these findings to senior leaders to help drive decision making including maintenance of a preferred vendor database.

• Reviewing Master Service Agreements, Order Forms, and SOWs to ensure Elastic receives great commercial value and optimizes its legal position within the applicable contract. This includes escalating any off-playbook clauses to an Elastic Attorney when needed.

• Capturing product and service specifications from business owners for RFx activities and vendor business reviews

• Leading the development of award scenarios and recommendations for stakeholder evaluation, consideration and decision-making

• Objectives may include savings, process effectiveness, supplier consolidation & management, risk reduction & management, improved visibility & control of expenditures

• Supporting internal Business Partners by facilitating accurate and favorable transactions, and on-going supplier management and accountability

• Managing and developing vendor relationships; leveraging vendors as a source of innovation and growth

• Helping to build sourcing and procurement process and enabling the associated sourcing and procurement tools

• Communicating with Business Partners, coworkers and management in a clear, concise and timely manner

• Coaching and mentoring your team to help you facilitate all the activities within your role

What You Bring

• Bachelor's or Master Degree or equivalent plus 4 to 8 years relevant experience working in Sourcing with a strong focus on business & corporate services spend categories.

• Experience working with a team located globally (i.e. India, US, Canada, Europe, etc.).

• Strong contract management skills and the ability to understand and negotiate master service agreements, order forms, SOWs, and various other legal documentation.

• Strong communication, relationship building, influencing, persuasion, negotiation, presentation, conflict resolution and business analysis skills.

• Possess high integrity combined with good business acumen, with the ability to identify, recommend and select the best overall solution.

• This is a global position and will require some limited travel.

• Be a self-starter with a positive, can-do attitude. Must be willing to work on one’s own initiative and must be focused on achieving goals.

Additional Information - We Take Care of Our People

As a distributed company, diversity drives our identity. Whether you’re looking to launch a new career or grow an existing one, Elastic is the type of company where you can balance great work with great life. Your age is only a number. It doesn’t matter if you’re just out of college or your children are; we need you for what you can do.

We strive to have parity of benefits across regions and while regulations differ from place to place, we believe taking care of our people is the right thing to do.

• Competitive pay based on the work you do here and not your previous salary

• Health coverage for you and your family in many locations

• Ability to craft your calendar with flexible locations and schedules for many roles

• Generous number of vacation days each year

• Increase your impact - We match up to $2000 (or local currency equivalent) for financial donations and service

• Up to 40 hours each year to use toward volunteer projects you love

• Embracing parenthood with minimum of 16 weeks of parental leave

Different people approach problems differently. We need that. Elastic is an equal opportunity employer and is committed to creating an inclusive culture that celebrates different perspectives, experiences, and backgrounds. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, pregnancy, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, disability status, or any other basis protected by federal, state or local law, ordinance or regulation.

We welcome individuals with disabilities and strive to create an accessible and inclusive experience for all individuals. To request an accommodation during the application or the recruiting process, please email [email protected]. We will reply to your request within 24 business hours of submission.

Applicants have rights under Federal Employment Laws, view posters linked below: Family and Medical Leave Act (FMLA) Poster; Pay Transparency Nondiscrimination Provision Poster; Employee Polygraph Protection Act (EPPA) Poster and Know Your Rights (Poster)

Elasticsearch develops and distributes technology and information that is subject to U.S. and other countries’ export controls and licensing requirements for individuals who are located in or are nationals of the following sanctioned countries and regions: Belarus, Cuba, Iran, North Korea, Syria, or Russia, including the Ukrainian territories annexed by Russia (The Crimea region of Ukraine, The Donetsk People's Republic (DNR), The Luhansk People's Republic (LNR), Kherson or Zaporizhzhia). If you are located in or are a national of one of the listed countries or regions, an export license may be required as a condition of your employment in this role. Please note that national origin and/or nationality do not affect eligibility for employment with Elastic.

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