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Sourcing Lead

Faire Wholesale, Inc. - San Francisco, CA, United States - Hybrid - posted 2026-09-15

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Salary: USD 132,000 - 181,500 / annual

Faire is a technology wholesale platform connecting independent retailers globally with suppliers and products. The Procurement & Sourcing function launched in January 2026 and has already delivered $2M+ in demonstrable sourcing savings. This role adds dedicated sourcing execution capacity to the team, reporting directly to the Global Procurement & Sourcing Leader. You will spend nearly all your time running sourcing engagements—negotiating new commitments and renewals, running competitive processes, and driving measurable savings. You'll partner closely with the Procurement & Sourcing Leader on SaaS/Software sourcing (Faire's largest category), while taking primary ownership of sourcing for Marketing and Professional Services, with flexibility to support other categories as priorities shift. Key responsibilities: - Own sourcing engagements end-to-end for assigned categories: identify opportunities, structure and run RFPs and competitive processes, negotiate commercial terms, and close new and renewal contracts - Partner on SaaS and Software sourcing, supporting negotiations for enterprise software and infrastructure commitments - Serve as primary sourcing owner for Marketing and Professional Services categories; build stakeholder relationships and proactively identify sourcing opportunities - Build and maintain sourcing playbooks and market/cost benchmarking to negotiate from a position of strength; contribute to Faire's preferred vendor list - Track and report savings and cost avoidance through the Procurement Savings Dashboard; manage deal memos for material commitments - Support business stakeholders through vendor evaluation and contract redlines (partnering with Legal); manage approvals in Zip and Ironclad - Flex into additional categories as needed to support team coverage Faire was founded in 2017 by early product and engineering leads from Square. Backed by Y Combinator, Lightspeed, Forerunner, Khosla, Sequoia, Founders Fund, and DST Global. Headquarters in San Francisco and Kitchener-Waterloo, with offices in Toronto, London, and New York. Hybrid employees go into the office 3 days per week (Tuesdays, Thursdays, and a flex day), with flexibility to work remotely up to 4 weeks per year. QUALIFICATIONS: - 4-7 years of experience in sourcing, category management, or procurement, ideally spanning both SaaS/Software and one or more of Marketing or Professional Services categories - Demonstrated track record negotiating contracts and running competitive sourcing processes (RFPs) that deliver measurable savings - Hands-on familiarity with procure-to-pay and contract lifecycle management systems (e.g., Zip, Coupa, Ironclad, DocuSign) - Strong analytical & operational skills; comfortable building cost benchmarks and business cases to support negotiation strategy - Ability to work cross-functionally with Legal, Finance, and business stakeholders across multiple categories simultaneously - Comfortable operating with autonomy in a fast-paced, still-forming function; able to bring structure to negotiations without waiting for direction

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