Job Description

Strategic Sourcing & Vendor Management

Location:

Johnston,  Rhode Island

Date Posted:

6/5/2023

Employment Type:

Consulting

Recruiter:

Clayton Minnich

Recruiter Email:

clayton.minnich@avidtr.com

Job ID:

JN -062023-15605

Job Description

Essential Functions & Responsibilities 
  • Develops a thorough strategic plan to drive value for the marketing category based on an understanding of marketing needs and external marketing agency value added products and services  
  • Plans and manages large, moderate to significant complexity/impact/risk technology projects with high financial impact to forward marketing category strategies 
  • Helps lead research of market intelligence regarding alternate suppliers; Determines short list and selected vendor(s) in line with category strategy for highest complexity, highest risk deals. 
  • Manages self in procurement process with vendor and internal stakeholders for business critical new products and services and renewals based on complex business requirements and/or moderate to significant complexity category strategy. Includes leading of RFI/RFP, vendor evaluation and selection, contract development, contract price and terms negotiation, conclusion of deal, and follow through on success of implementation/onboarding, etc. 
  • Leads all interaction on projects with Law & Government Affairs and Information Security, and Architecture/Infrastructure teams as applicable. 
  • Helps drive partnership with stakeholders to determine mitigation options for vendor risks, with key influence of acceptance of risks and/or leading of change in vendor direction. 
  • Manages full procurement life-cycle with most moderate to significant complexity vendors/partners in support of complex and impactful business areas/categories; Responsible for ensuring SLA’s are met and exceeded 
  • Strategy and Vendor Management 
  • Contributes in development and evolves Sourcing strategy for marketing category with moderate to significant complex technology requirements 
  • Works with some senior leaders of organization to define large, complex projects to forward marketing strategy 
  • Contributes in definition of Service Level Agreements (SLAs) between key strategic vendors and stakeholder business area 
  • Assists in evolving the vendor management program to drive superior performance from key enterprise and departmental strategic partners including feedback from senior stakeholders, vendor score card development, quarterly-business reviews. Helps determine and implement associated actions to further success of overall vendor portfolio. 
  • Relationship Management 
  • Prepares for and presents to  Senior Leaders and Executives on sourcing and vendor management strategy, results, and focus areas/initiatives. 
  • Builds and maintains relationships as a key strategic partner with senior leaders of departments with respect to vendor portfolio strategy and direction, financial and risk mitigation opportunities, and business excellence and resilience 
  • Mentors other procurement professionals in developing sourcing strategies, executing on procurement and vendor management processes, and relationship building 
  • Assists in projects to implement and evolve technology platforms and tools  in support marketing procurement and vendor management strategy and execution of strategy 
  • Contributes to sourcing reporting and metrics to share with senior leadership 
  • Leverages market intelligences resources used by Sourcing team;  
  • Continues self-directed scanning of the market intelligence options 
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