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Job Description
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.
Skills
ProcurementSourcingVendor ManagementProcurement HeadSourcing HeadProcurementIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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