Block ยท 10 hours ago
Global Head of Technology Sourcing
Block is a company focused on economic empowerment through various foundational teams. The Global Head of Technology Sourcing will manage and execute category strategies for the technology supplier portfolio, ensuring effective supplier management and collaboration across the organization.
Financial Services
Responsibilities
Support Block leadership strategic planning efforts through: Heavy focus on sourcing (via best class sourcing methodologies) Opportunity assessment, 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 strategic sourcing and business objectives, coordinate resources, and provide category leadership following long-term buying goals
Collaborate with business partners to develop strategy, 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
Qualification
Required
Minimum of 12+ years of strategic sourcing experience in a high-growth technology environment
At least 7 years leading Technology categories
5+ years experience leading and developing a high performing team of sourcing professionals
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
Benefits
Remote work
Medical insurance
Flexible time off
Retirement savings plans
Modern family planning
Company
Block
Block is one company built from many blocks, all united by the same purpose of economic empowerment.
H1B Sponsorship
Block has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (257)
2024 (253)
2023 (260)
2022 (297)
Funding
Current Stage
Late StageRecent News
Morningstar, Inc.
2024-11-14
Business Journals
2024-04-05
2024-03-08
Company data provided by crunchbase