The Sourcing Lead is responsible for supporting and executing all aspects of Sourcing and Category Management across a large number of indirect spend categories (SaaS, Cloud, HR, Professional Services, Marketing, facilities). The Sourcing Lead will be expected to both support and lead competitive sourcing events (RFx’s) and direct negotiations to achieve best total commercial value for Opendoor in its vendor contracts.
What You'll DoCategory Management:
Support Indirect Category Leads and Head of Procurement in development of indirect category strategies
Conduct spend analysis to identify market intelligence, trends and opportunities within categories
Support policy drafting and execution for indirect categories to manage consumption of resources and associated cost
Establish collaborative relationships with key vendors and internal stakeholders. Be a champion for Procurement across Opendoor. Train and mentor a broad range of stakeholders and lead efforts to elevate general Procurement IQ across Opendoor
Sourcing:
Lead your own competitive sourcing events (RFx’s) and direct negotiations, delivering robust supplier evaluation and commercially beneficial terms.
Support on execution of large $ RFP’s and direct negotiations with suppliers
Conduct negotiation of contractual commercial terms and coordinate reviews with legal where appropriate
Manage day-to-day procurement related activities and requests.
Vendor Management:
Support in scoring and segmentation of Opendoor indirect supply-base
Facilitate QBR’s with tier 1 vendors to ensure maximum value is being derived from these relationships
Detailed knowledge of sourcing methodologies and negotiation strategies, with proven experience in delivering competitive bids & direct negotiations to achieve cost-savings and commercial value
Demonstrable experience in supply market analysis, category management analytics to identify trends and opportunities
Multi-indirect category experience is preferred, with an emphasis on technology and professional services
Experience in supporting Procurement processes across sourcing and P2P (Ramp, Coupa, Zip)
Strong understanding and intellectual curiosity for Procurement, Sourcing and Category Management
4-6 years procurement/sourcing experience
Proven track record leading RFPs and achieving measurable savings
Experience with indirect spend categories
Strong analytical and Excel/Google Sheets skills
Excellent communication and stakeholder management
Bachelor's degree (Business, Supply Chain, or related field)
Experience with procurement systems (Coupa, Zip, etc.)
Compensation
The base pay range for this position is $75,000 - $103,400 annually, plus RSUs and bonuses. Pay within this range varies by work location and may also depend on your qualifications, job-related knowledge, skills, and experience. We also offer a comprehensive package of benefits including unlimited PTO, medical/dental/vision insurance, life insurance, and 401(k) to eligible employees.
Skills Required
- 4-6 years procurement/sourcing experience
- Proven track record leading RFPs and achieving measurable savings
- Experience with indirect spend categories
- Detailed knowledge of sourcing methodologies and negotiation strategies
- Demonstrable experience in supply market analysis and category management analytics
- Experience supporting Procurement processes across sourcing and P2P (Ramp, Coupa, Zip)
- Experience with procurement systems (Coupa, Zip, etc.)
- Strong analytical and Excel/Google Sheets skills
- Excellent communication and stakeholder management
- Bachelor's degree (Business, Supply Chain, or related field)
- Multi-indirect category experience, emphasis on technology and professional services
What the Team is Saying
Opendoor Compensation & Benefits Highlights
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Healthcare Strength — Coverage includes medical, dental, vision, HSA/FSA, life and disability insurance, mental‑health support, wellness programs, and pet insurance, indicating broad medical and wellbeing support. The breadth of options signals a mature benefits offering.
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Leave & Time Off Breadth — An unlimited PTO approach is paired with paid holidays, sick leave, bereavement, volunteer time off, and common remote/hybrid flexibility. Usage norms can vary by team and manager, but the policy scope covers a wide range of leave needs.
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Equity Value & Accessibility — Equity grants and an Employee Stock Purchase Plan are available, providing accessible ownership opportunities alongside cash pay. Company materials describe an established ESPP structure, adding another avenue for long‑term savings.
Opendoor Insights
What We Do
Founded in 2014, Opendoor’s mission is to empower everyone with the freedom to move. We believe the traditional real estate process is broken and confusing. It often comes with unexpected costs, the added burden of coordinating multiple third parties and the uncertainty of a transaction falling through. Our goal is simple: build a digital, end-to-end customer experience that makes buying and selling a home simple, certain and fast. We have assembled a dedicated team with diverse backgrounds and talents across engineering, operations, design, operations, mortgage, finance, legal, and more to deliver strong results. More than 85,000 customers have selected us as a trusted partner in handling one of their largest financial transactions.
Why Work With Us
We’re on a mission to power life’s progress one move at a time
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Opendoor Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
