Services and Product Sourcing Lead

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams - People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more - provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.
The Role
The Services and Product Sourcing Lead role will be responsible for proactively managing, developing, and executing category and agency strategies for our Corporate Services and Product supplier portfolio; inclusive of managing the end-to-end supplier management lifecycle. You should have strong leadership, communication and analytical skills and a proven ability to manage a high functioning and dynamic team. You will lead with a partnership mentality and focus on business enablement. You will model teamwork and collaboration skills and have a noticeable positive impact on the velocity and success of your teammates. The ability to build relationships with business partners across the organization to ensure understanding of goals and priorities is a core requirement in this role. You must demonstrate collaboration internally and externally, have a passionate focus on success, and commitment to continuous improvement. The role requires the ability to manage a wide variety of categories that span across Consulting, Facilities, Professional Services, Benefits, Contact Centers, BPO Management etc. You will be directly responsible for the growth and development of a team of 4.
You Will

• Support Block leadership strategic planning efforts through: Heavy focus on sourcing (via best class sourcing methodologies) Contract negotiation, Risk mitigation, Ongoing management and performance of supplier relationships
• Be a trusted partner to the various teams in developing new strategies in an effort to increase delivery through people, processes, tools, and suppliers
• Ensure smooth performance of daily operations, allowing them to concentrate on more progressive activities
• Be the source of bringing in the best outside best practices by leveraging various sources of information and your external network
• Oversee complex, Block-wide supplier relations, developing solutions to new problems and using your foresight to anticipate future trends and issues
• Establish partnerships with important business partners aimed at identifying, understanding and fulfilling their requirements
• Develop selection/negotiation criteria, establish purchasing goals, coordinate resources, and provide category leadership following long-term buying goals
• Collaborate with business partners to lead contract negotiation with suppliers; develop negotiation approaches, fallback positions and acceptable terms and conditions through contract completion and identify important benchmarks to measure contractual arrangements
• Identify and realize cost-saving and cost-reduction opportunities and build a culture of long-term savings on procurement costs without compromising supply assurance or quality
• Assist in establishing supplier life-cycle strategy to oversee planning, sourcing and selection of new suppliers, manage data for supplier performance and manage supplier off-boarding and transition
• Explore new technologies to optimize performance and transparency to business partners
• Support internal and external audit, SOX compliance and due diligence requests
• Support other ad hoc projects

You Have

• 12+ years of strategic procurement or supplier management experience; in a high-growth technology environment preferred
• At least 5 years leading The Corporate and Professional Services categories
• Ability to project manage, demonstrate project status, key actions, risks and opportunities
• Ability to navigate in unstructured environments while garnering trust with internal customers
• Experience proactively resolving performance issues with assigned suppliers to ensure resolution
• Experience leveraging technology and financial systems to extract and analyze data
• Bachelor's degree from an accredited university preferably in Procurement, Business Administration, Finance, Technology or related field.
• MBA/advanced technical degree is preferred

We're working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We also consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.
We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we're doing to build a workplace that is fair and square? Check out our I+D page .
Block will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and "fair chance" ordinances.
Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate's starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.
To find a location's zone designation, please refer to this resource . If a location of interest is not listed, please speak with a recruiter for additional information.
Zone A:
$189,000 - $283,600 USD
Zone B:
$189,000 - $283,600 USD
Zone C:
$189,000 - $283,600 USD
Zone D:
$189,000 - $283,600 USD
Every benefit we offer is designed with one goal: empowering you to do the best work of your career while building the life you want. Remote work, medical insurance, flexible time off, retirement savings plans, and modern family planning are just some of our offering. Check out our other benefits at Block.
Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we're helping build a financial system that is open to everyone.