Strategic Sourcing Associate

Strategic Sourcing Associate

Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer's diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers' evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio.

Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 576 properties, totaling 233 million square feet, with a combined value of over $131 billion (U.S.). Tishman Speyer currently has approximately $65 billion in assets under management, including iconic properties such as New York City's Rockefeller Center, So Paulo's Torre Norte, The Springs in Shanghai, Paris Bourse in Paris and Frankfurt's OpernTurm and TaunusTurm.

As the Strategic Sourcing Associate, you will report to the Senior Director of Indirect Procurement, and play a meaningful role in driving Tishman Speyer's bottom-line savings through rigorous company-wide sourcing activities in partnership with senior leadership and internal business partners across multiple geographies.

Cross-Functional Leadership & Stakeholder Influence

• Lead cross-functional stakeholder engagement and influence across property operations, facilities, corporate functions, and external partners to align on procurement strategies, navigate competing priorities, and drive organizational consensus on sourcing decisions
• Work collaboratively with business leaders across multiple geographies to understand their needs, address concerns, and build buy-in for procurement initiatives and strategic sourcing changes

Category Strategy & Supplier Partnerships

• Develop and implement category strategies for TSP Corporate goods and services, with a focus on identifying long-term value creation opportunities beyond cost reduction, including service quality, innovation, and strategic alignment with business objectives
• Build and maintain strategic supplier relationships through the Supplier Relationship Management (SRM) program, establishing partnerships that drive mutual value and support TSP's long-term procurement goals
• Conduct strategic sourcing activities to optimize supplier performance, achieve meaningful cost savings, and strengthen competitive positioning

Procurement Modernization

• Own the maintenance, enhancement, and organization-wide adoption of the bid-to-contract procurement tool, managing change management across functions and driving modernization of procurement processes and practices
• Drive adoption and training initiatives to ensure effective tool utilization across the organization and maximize value from technology investments

Operational Excellence & Compliance

• Actively manage the Procurement capability within TSP with primary goals of improving supplier performance, managing supplier relationships, and strengthening compliance to a rigorous sourcing process
• Manage the request for proposal (RFP), bid issuance/bid submission, bid leveling, award, and contracting processes within Property Operations and TSP Corporate, ensuring strict adherence across the organization with clear rationale for business awards
• Negotiate and execute contracts and purchase orders to support business needs
• Establish and maintain measurable key performance indicators (KPIs) for all levels of procurement activities, to include supplier performance, supplier quality, internal order placement performance, and annualized savings on service contracts
• Promote the use of existing procurement standard operating procedures and continuously identify areas for process improvement to ensure consistent adherence to standards
• Adhere to policies (e.g., code of ethics), regulations, and laws (federal, state, and local) to ensure that organizational behavior is honest, ethical, and professional
• Establish, implement, and enforce periodic reporting requirements to related Tishman Speyer management team

Skills & Qualifications:

• 2-5 years of experience in Sourcing and Procurement, with category experience in, corporate services and facilities management.
• Strong negotiating skills
• Detailed-oriented with strong quantitative/analytical skills and an innovative approach to problem solving
• Ability to work fluidly with various legal contract documents prescribed by the Company
• Financial and accounting competency working with project job costing systems and purchase order systems
• Bachelor's degree in Purchasing, Production/Operations Management, Business, or Engineering preferred (or equivalent business experience).
• Strong computer skills, including MS Excel and ideally with experience using software programs for RFP solicitation, bid leveling and contract issuance. Experience with Python or dashboard tooling a plus but not required.
• Demonstrated ability to leverage emerging technologies, including artificial intelligence, automation, and data-driven tools, to improve efficiency, enhance decision-making, and drive innovation.
• Ability to coordinate multiple group efforts within the Company simultaneously to achieve objectives
• Strong written and verbal communication skills
• Strong organizational and problem-solving skills
• Commitment to meeting deadlines
• Process orientation and continuous improvement mindset
• Travel as needed

The base compensation range for this role is $95,000 to $115,000. This role is also eligible for a discretionary annual bonus, as well as access to our comprehensive medical, dental, and vision insurance, life and disability insurance, 401(k) plan (with matching contributions), wellness benefits and all other benefits afforded to full-time Tishman Speyer employees.

This base range reflects a number of factors including, but not limited to, relevant experience, skill sets, and/or licensure required of an individual in this particular role. The base range is also specific to members of Tishman Speyer's New York team, as we've considered factors specific to this geography.