Strategic Sourcing Manager

Strategic Sourcing Manager

San Mateo, CA United States

Who We Are

Verkada is transforming how organizations protect their people and places with an integrated, privacy-sensitive AI-powered platform that includes solutions for video security, access control, air quality sensors, alarms, intercoms, and visitor management.

We've got serious momentum in the market: more than 30,000 customers (including 100+ of the Fortune 500), a $5.8B valuation, more than $1 billion in annualized bookings, and backing from CapitalG, Sequoia Capital, General Catalyst, Felicis Ventures, Next47 and more. Physical AI is one of the most consequential technology shifts of our time, and Verkada is at the center of it.

You can look at all kinds of communities to see our platform's impact in the world. It's the retailer that uses our agentic AI to deter theft before it happens. The warehouse that uses AI-powered alerts to make sure its team is protected on the floor with proper PPE. The school that's alerted to a threat in real-time and triggers a lockdown in seconds, not minutes. We're rapidly scaling this impact: today, more than 2 million Verkada devices are deployed across 170+ countries.

About The Role

As a Strategic Sourcing Manager, you will be responsible for developing and executing sourcing strategies, negotiating with various vendors, and partnering closely with cross-functional teams to deliver on business objectives for the Spend Money Wisely team (Verkada's take on Strategic Sourcing). Your primary focus will involve negotiating strategic deals, optimizing the technology portfolio through vendor consolidation opportunities, and providing strategic guidance to functional partners in balancing new features, seat/usage expansion, and rip-n-replace initiatives. You will lead sourcing initiatives, manage vendor relationships, work closely with Legal, Security, and Finance teams, and ensure cost efficiency and value optimization across Verkada's technology portfolio. A key focus will be to create and deliver category strategies.

We are committed to a thriving in-office culture. This role requires that you be on-site at our HQ in San Mateo, CA 5 days a week.

What You'll Do

• Lead the development and implementation of strategic sourcing initiatives for technology portfolio procurement.
• Negotiate complex, high-value contracts and agreements with strategic vendors.
• Identify and execute vendor consolidation opportunities to optimize the technology portfolio.
• Provide strategic guidance to functional partners on procurement decisions, balancing new features, seat/usage expansion, and rip-n-replace considerations & initiatives.
• Build and maintain vendor relationships, ensuring performance and compliance with contracts.
• Conduct market research and analysis to identify trends, opportunities, and risks in technology space and how that may impact sourcing decisions.
• Develop and implement cost-saving strategies and initiatives.
• Monitor and report on key sourcing metrics and performance indicators.
• Develop key category strategies for business partners to establish priorities to maximize value.
• Collaborate with cross-functional teams such as Legal, Security, and Finance to ensure alignment of sourcing strategies with business needs.
• Ensure compliance with procurement policies and regulations for Verkada's global scale.
• Be a key contributor in driving and supporting our P2P process.

What You Bring

• 5+ years of proven experience in strategic sourcing, technology procurement, and vendor management.
• Strong negotiation skills and experience in negotiating complex contracts.
• Ability to analyze market trends and identify opportunities for cost savings and value optimization.
• Excellent communication, prioritization and interpersonal skills.
• Ability to provide strategic guidance to functional partners on procurement decisions.
• Strong analytical and problem-solving skills.
• Knowledge of procurement policies and regulations.
• Experience with vendor consolidation and technology portfolio optimization.
• 5-star customer service mindset.
• Excellent teamwork skills - we have a #OneTeam mindset!
• Ability to find out-of-box solutions to best fit business needs and requirements.
• Must be willing and able to work onsite five days per week.

US Employee Benefits

Verkada is committed to fostering a workplace environment that prioritizes the holistic health and wellbeing of our employees and their families by offering comprehensive wellness perks, benefits, and resources. Our benefits and perks programs include, but are not limited to:

• Healthcare programs that can be tailored to meet the personal health and financial well-being needs - Premiums are 100% covered for the employee under at least one plan and 80% for family premiums under all plans
• Nationwide medical, vision and dental coverage
• Health Saving Account (HSA) with annual employer contributions and Flexible Spending Account (FSA) with tax saving options
• Expanded mental health support
• Paid parental leave policy & fertility benefits
• Time off to relax and recharge through our paid holidays, firmwide extended holidays, flexible PTO and personal sick time
• Professional development stipend
• Fertility Stipend
• Wellness/fitness benefits
• Healthy lunches provided daily
• Commuter benefits

Additional Information

• You must be independently authorized to work in the U.S. We are unable to sponsor or take over sponsorship of an employment visa for this role, at this time.

Annual Pay Range At Verkada, we want to attract and retain the best employees, and compensate them in a way that appropriately and fairly values their individual contribution to the company. With that in mind, we carefully consider a number of factors to determine the appropriate starting pay for an employee, including their primary work location and an assessment of a candidate's skills and experience, as well as market demands and internal parity. A Verkada employee may be eligible for additional forms of compensation, depending on their role, including sales incentives, discretionary bonuses, and/or equity in the company in the form of restricted stock units (RSUs) Below is the annual on-target earnings (OTE) range for full-time employees for this position, comprised of base compensation and commissions (if applicable).

Estimated Annual Pay Range

$150,000 - $170,000 USD

Verkada Is An Equal Opportunity Employer

As an equal opportunity employer, Verkada is committed to providing employment opportunities to all individuals. All applicants for positions at Verkada will be treated without regard to race, color, ethnicity, religion, sex, gender, gender identity and expression, sexual orientation, national origin, disability, age, marital status, veteran status, pregnancy, or any other basis prohibited by applicable law.

Your application will be handled in accordance with our Candidate Privacy Policy.