
This role will lead strategic sourcing and procurement activities for marketing, media, advertising, digital and related indirect-spend categories. The role is responsible for delivering value through supplier strategy, competitive bidding, commercial negotiations, contract governance, stakeholder partnership, cost optimisation and compliance with procurement policies.
Reports to:
Head of Procurement
Individual contributor role with the potential to manage procurement analysts, coordinators or category-support resources, depending on business requirements.
Key Responsibilities:
- Develop a strategic plan to maximize value for the assigned marketing categories based on an understanding of business needs, the supply market, benchmarking, price availability, etc.
- Partner with key internal brand and media stakeholders to nurture and develop relationships with Business users and optimize supply partner performance.
- Lead the design and implementation of media, advertising, and digital marketing sourcing plans and strategies and identifying and developing a comprehensive sourcing strategy process.
- Lead sourcing initiatives for the marketing categories and leverage scale where applicable.
- Lead the agency benchmarking and bidding process; negotiating pricing/terms and conditions, and final contract award and implementation; and proactively managing vendor contract life cycle to prepare the organization for contract renegotiations or renewals.
- Maintain adequate sources of supply/service to ensure that the requirements of the category are met with the optimum quality, service, and cost-to-use.
- Drive the tactical execution of the day-to-day plan to deliver consistent and sustainable savings.
- Provide innovative sourcing solutions to the brand and media teams by bringing continuous improvement and market-driven innovation and offering credible alternatives where applicable.
- Possess a thorough understanding of marketing, advertising, and eCommerce technologies.
- Monitor the competitive landscape to keep abreast of emerging trends, supply/demand, and industry changes and their overall impact to current and anticipated future media spend.
- Liaison with internal stake holders for detail requirement understanding on SOW, SLA & other relevant terms.
- Keeps oversight over set of contracts within category and ensure contract compliance considering SLA, payments terms, prices, discounts & rebates, and performance in close collaboration with business.
- Generating MIS for Weekly, Monthly & Quarterly reports on saving & TATs.
- Domain knowledge on Procurement & strong skills on Negotiation, Governance & Process Controls.
- Establish & develop relationship with all key stake holders, Suppliers & Internal Customer.
- Hands on experience on ERP tools like D365/SAP/Oracle.
- Ensure compliance with all internal guidelines and external regulations and requirements relating to responsible categories - e.g., finance and procurement policies, code of conduct, etc.
Didn’t find the job appropriate? Report this Job