Vendor Sourcing Specialist

About Achievers The "Achievers Employee Experience Platform™" empowers employees to recognize each other in real time and aligns them to the values and goals of the company. With almost 4 million global users, the Employee Experience Platform enables employees in over 170 countries. Visit us at www.achievers.com to learn more, and check out our platform in action here. Join us in our mission to Change the Way the World Works™!

Our commitment to you: At Achievers, we hire you for you because we value the unique perspective and individuality that each person brings to our team. We are committed to creating an inclusive, diverse, and equitable workplace where you belong, and your contributions are celebrated. You'll have the opportunity to collaborate with a diverse group of colleagues who appreciate your strengths and are excited to learn from your experiences.

About the Position 

The Vendor Sourcing Specialist is responsible for sourcing and contracting with new vendors that will provide rewards as part of our marketplace. This role will be based in PST time. The Vendor Sourcing Specialist will have to have a deep knowledge of B2B incentive market. This role focuses on the full vendor acquisition cycle, including sourcing, negotiating, and contracting with vendors..  The Vendor Sourcing Specialist will own the relationship with vendors post launch and ensure compliance with internal teams' requirements, such as Information Security, Finance, and Legal. 

Priority will be given to candidates who can work in Pacific Standard Time (PST).

Why work with us?

• We are passionate about fostering an environment of connection, security, and community, you’ll feel at home, without reservation.
• We believe in moving quickly, failing fast, and adapting to change.
• We’re committed to achieving excellence in everything we do.

Our Marketplace Operations team supports the rewards component of the Achievers platform, the global reward suppliers that serve as the backbone to it, and the customers we strive to please. We have great brand positioning in the market with the opportunity to further grow our global Marketplace and drive continued adoption across customers. We are at a pivotal accelerated growth stage. Driven to enhance foundational eCommerce strategies and account performance tactics, this is the perfect time to join our team! 

Responsibilities: Vendor Sourcing:

• Source new vendors based on the Achievers’ strategic direction.
• Establish and refine preliminary vendor requirements, ensuring vendors meet the Achievers’ compliance standards in areas such as information security, financial stability, and legal obligations.
• Conduct initial assessments and audits of vendor capabilities
• Conduct market research to identify potential vendors that align with business objectives and customer needs.
• Act as the primary point of contact for new vendors, leading them through the launch process.

Negotiation and Contracting:

• Lead negotiations with vendors to secure favorable terms and conditions.
• Work closely with internal teams to ensure all necessary agreements are signed and executed promptly.
• Own vendor relationships post-launch, maintaining ongoing communication and managing any issues that arise.

Cross-Functional Coordination:

• Collaborate with Information Security, Finance, Legal, and other relevant departments to ensure that new vendors meet all internal requirements.
• Work closely with the Vendor Onboarding Specialist to ensure a smooth vendor integration process.
• Liaise with internal stakeholders to ensure vendor products meet customer and business needs.

Continuous Improvement:

• Provide feedback on market trends to inform future sourcing strategies.
• Suggest and implement improvements to the vendor sourcing process, ensuring efficiency and scalability.
• Stay up to date on industry trends and vendor best practices to drive innovation and improvement.

Qualifications:

• Bachelor’s degree in business, Supply Chain Management, or a related field.
• 5+ years of experience in vendor sourcing, procurement, or a similar role.
• Proven track record in successful negotiation and vendor management.
• Understanding of the global incentive market.
• Strong understanding of contract management and legal compliance.
• Excellent communication and relationship management skills.
• Ability to manage multiple vendors and projects simultaneously.
• Experience collaborating with cross-functional
• Strong organizational skills and attention to detail.