Senior Buyer, Procurement

1. Strategic Sourcing & Category Management

• Strategy Development: Experience developing and executing strategic sourcing plans to identify, evaluate, and select the best marketing partners.

• Sourcing Execution: Lead the end-to-end procurement process, including market analysis, needs assessment, and the development of RFPs.

• Co-op & Partnership Management: Assist with the development, negotiation, and management of co-operative marketing agreements to maximize shared promotional reach, align brand strategies, and ensure equitable resource allocation between partners.

• Market Intelligence: Stay updated on marketing trends, agency landscape changes, and new technologies to drive innovation.

2. Contract Management & Financial Analysis

• Negotiation: Negotiate complex, high-value agency contracts focusing on intellectual property rights, indemnification, and performance guarantees.

• Financial Modeling: Conduct detailed financial analysis of supplier proposals, agency rates, and production costs. Provide clear recommendations to leadership to ensure transparency in marketing spend and budgeting.

• Cost Optimization: Drive significant cost savings and cost avoidance through competitive bidding, process efficiencies, and effective negotiation of agency compensation models (e.g., fixed fees, retainers, performance-based incentives).

3. Supplier Relationship & Performance Management

• Performance Tracking: Conduct supplier performance reviews based on established KPIs (quality, cost, compliance, innovation) and drive continuous improvement initiatives.

• Dispute Resolution: Act as the primary point of contact for internal stakeholders regarding contract compliance and supplier disputes.

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4. Stakeholder Collaboration & Compliance

• Business Partnering: Build strong, collaborative relationships with key stakeholders in Marketing, Legal, and Finance, influencing alignment across functions and geographies.

• Risk Mitigation: Ensure all sourcing activities adhere to internal procurement policies, regulatory requirements, and due diligence procedures.