Procurement Manager

Job Title: Procurement Manager

Job Location: Parsippany, NJ [Hybrid]

Pay Rate: $42.00/hr [Weekly Pay]

Shift Timings: 08:00 AM to 04:00 PM [Monday to Friday]

Contract Duration: 09 Months [Temp-To-Hire]

Job Description:

This position will report to the Director, Global Marketing & Sales Indirect Procurement – Agencies, Media & Digital, and will take the leadership to execute Category Strategies for the North America region. Primary responsibility will be to lead and execute procurement and sourcing related activities across Media, Digital and Agencies, in alignment with Global Category Strategies.

The person will collaborate with the Global Category Managers (GCMs) and will provide support on Global Category Strategies development while leading local execution for North America region in alignment with the corporate strategy and financial goals.

The person will be responsible for local stakeholder engagement, strong interface and collaboration with Global Category Managers (GCMs) and North America execution for categories including, but not limited to: Media, Digital, Creative and Public Relation Agencies, Marketing Analytics, Marketing Consulting, and other various Marketing expenses and professional services.

• Local Category support and execution for marketing and sales categories and professional services; including data gathering, SRM and stakeholder management.
• Negotiate and implement the defined Global Category Strategy for North America and ensure the strategy and execution plan is aligned within Procurement and stakeholders.
• Assist in sourcing strategy implementation and selection of suppliers.
• Support the creation and lead execution of local sourcing strategies in alignment with Global Category Managers.
• Analyze and produce reports on supplier spend data, sourcing initiatives and targeted/achieved savings.
• Identify potential sources of supply and conduct Request for Proposal (RfP), Requests for Quotation (RfQ), Ariba E-Auctions, quotation analysis and cost modeling aligned with Global Category Strategy.
• Conduct comprehensive supplier evaluations, contract negotiations, and proactively manage supplier relationships (including, but not limited to SRMs, scorecards, 360’ surveys, etc.)
• Manage and maintain relationship with suppliers to maximize value and performance.
• Support supplier risk and sustainability assessments and develop mitigation plan as needed.
• Support diversity initiatives.
• Prepare supporting documentation and presentations on local procurement projects for review and approval.
• Support contract negotiations and management including successful execution of contracts, ensuring proper coordination with the internal legal team and managing on-going stakeholder contracting needs.
• Analyze and monitor market trends and supplier landscape, staying informed about innovation and trends in the Marketing/Agencies category.
• Provide local support to Global Category Managers (GCMs) as needed.
• Ensure all procurement activities align with company policies, industry standards, and legal regulations.
• Liaise with Legal, Regulatory, Finance, IT and other functions as needed.