Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability. Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the worlds GDP. We have committed to achieve net zero emissions by 2040. Beyond real estate, our Essentials platform optimizes the companys global asset portfolio to provide our customers solutions that address todays warehouse and shipping challenges. Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.
Job Title:
Vendor Optimization Manager
Company:
Prologis
A day in the life
This role will support the scoping, sourcing, contracting, and ongoing management of operational expense vendor partners that perform services throughout Prologiss real estate portfolio in the Americas and Europe. Through execution of this Vendor Optimization (VO) program, Prologis aims to secure preferred rates for both regular and as-needed services, with a streamlined network of highly qualified vendor partners. The candidate must have excellent procurement, project management, program management, and communication skills.
Key responsibilities include:
- Execute program objectives, creating project timelines and project management, status reports, vendor recognition, savings tracking, and communication plans.
- Serve as the first point of contact for the VO program to answer stakeholder questions, incorporate feedback, and become the subject matter expert for the program.
- Maintain relationships with suppliers across various categories and regions.
- Create communication plans in conjunction with Real Estate Customer Experience teams and suppliers to ensure information is communicated in a way that is meaningful for stakeholders.
- Develop and execute category and negotiation strategies alongside sourcing teams for each Prologis market in order to drive cost savings among operating expense vendors.
- Accountable to all VO tools and tracking mechanisms, including market analysis and savings reporting for the VO program.
- Track and manage category budgets related to vendor optimization initiatives, ensuring alignment with organizational financial targets.
- In partnership with Procurement Operations, track and report on cost savings achieved through vendor negotiations and program implementation.
- Develop and maintain dashboards or reports that provide visibility into vendor performance and program success.
- Drive continuous improvement in the VO program by identifying and implementing best practices in vendor management.
- Document key procurement processes and procedures. Identify process improvement opportunities and work with stakeholders to make improvements.
- Responsible for identifying international category trends and their impact on Prologis.
- Represent program to internal stakeholders when needed.
- Other duties as assigned
Building blocks for success
Required:
- Minimum of 5+ years of related work experience, including sourcing and procurement experience such as supplier selection, negotiations, contracting, supplier management, program development and business partner management.
- Strong project management skills and experience working on cross-functional projects with a diverse group of stakeholders.
- Strong negotiation skills and ability to manage complex deal structures
- Advanced analytics skills including the ability to synthesize large data sets into summaries.
- Possess a data-driven mentality to back up decisions with compelling data.
- Demonstrated ability for independent thinking. Proven ability to plan proactively, anticipate issues, and have excellent problem resolution with little assistance.
- Strong interpersonal, verbal, and written communication skills.
- Ability to travel on an as-needed basis.
- Experience with complex procurement categories that includes rationalizing spend and consolidating vendors
Preferred:
- Bachelor’s Degree (Supply Chain / Logistics and/or Business Management preferred)
- Knowledge of commercial real estate operations
Hiring Salary Range of: $104,000 – $143,000. Salary and whole compensation package (bonus target) to be determined by the candidates location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.
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People First
Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here.
When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here.
As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here.
All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time.
All job offers are contingent upon successful completion of background verification. Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.
Employment Type:
Full time
Location:
Denver, Colorado
Additional Locations:
Chicago, Illinois