Strategic Sourcing Specialist II

The Strategic Sourcing Marketing Specialist will play a pivotal role in shaping Pinterest's Marketing finance and strategy when engaging third-party vendors. This includes support of all Marketing verticals by strategically sourcing, negotiating, and managing supplier relationships, while supporting a flexible, work-from-anywhere culture. This role requires a strong strategic mindset, deep Marketing industry knowledge, and excellent negotiation skills to optimize Marketing programs and drive cost-effectiveness. As a key member of the Strategic Sourcing and Supplier Management team, this role drives impactful business decisions, balancing cost-effectiveness with an exceptional traveler experience.

What you'll do:

• Establish a trusted advisor relationship with cross-functional partners in Marketing and related stakeholders through regular meetings and touchpoints to monitor supplier performance and organizational impact. 
• Evaluate vendor relationships and financial overview to drive operational and cost efficiency within Marketing Team.
• Manage and approve third-party spend commitments above $250K USD in contract value with the review lens being focused on cost efficiency and operational performance.
• Provide data-driven recommendations for optimization and/or new supplier relationships to ensure program performance, compliance and stakeholder satisfaction.
• Ensure our overall strategic program and supplier relationships prioritize delivering value, scale, and efficiencies.
• Analyze supplier spend, identify savings opportunities, and manage bidding events and commercial contract terms with Marketing suppliers.
• Ensuring synergistic strategic alignment between transient travel and meetings and events across the enterprise.
• Contribute to overall Sourcing and Procurement best-practices with internal processes, operations, etc.
• Utilize AI to accelerate work and impact while increasing productivity.
• Key Responsibilities:
  • Drive Financial and Operational Value: Drive increased service quality, vendor performance, cost savings/avoidance, favorable contract terms, etc. to ensure efficiency and impact of third-party vendor spend in the Marketing category
  • Collaborate Cross-Functionally:  Partner with key functional groups to understand strategy, identify opportunities to scale, opportunities to consolidate, and ensure compliance with regulations and company policies.
  • Contract Negotiation and Improve Operational Performance:  Secure the best overall value through contract negotiations and development of contractual KPIs and SLAs across Marketing categories (creative, production, content, communications. media/working dollars, holistic campaigns, etc.)
• Data Analytics: Use data and AI (PO, budget, contractual data, etc.) to drive insights to better manage the Marketing category from a financial perspective
  • Identify and Select Suppliers:  Evaluate and select suppliers based on service, quality, and value, aligned with travel program or event needs and budget.
  • Lead and/or participate in Business Reviews:  Engage with suppliers to manage ongoing performance through regular business reviews, ensuring quality and cost-effectiveness.
  • Develop Supplier Relationships:  Build and maintain strong supplier relationships based on open communication, mutual respect, and partnership.
  • Report on Performance: Provide regular reports on procurement activities and cost.
  • Monitor Industry Trends: Monitor market conditions and industry trends to identify cost-saving opportunities and new products/services.
    
    

What we're looking for:

• Technical/Soft Skills
  • Stakeholder management and relationship building- becoming a trusted advisor and partner to all key Marketing stakeholders.
  • Advanced data analytics skills to perform insights and recommendations on spend portfolio.
  • Advanced understanding of commercial contract provisions and ability to interpret contractual language.
  • Proactive, problem-solving approach with the ability to respond quickly and effectively.
  • Strong work ethic and ability to close projects or tasks independently.
• Experience
  • Minimum of 5 years of strategic sourcing experience in Marketing.
  • Minimum of 5 years of commercial contract negotiation expertise, program management, with experience in Marketing and general professional services.
  • Proactive and self-driven experience in evaluating, measuring, and optimizing Marketing Programs.
  • Proven cost-benefit analysis and savings in negotiations.
  • Knowledge of the entire strategic sourcing lifecycle, with an emphasis on ongoing supplier management, including a deep understanding of procurement and contracting systems.
• Leadership Skills

• • Excellent oral and written communication skills.
  • Exceptional listening skills.
  • Ability to interact effectively with all levels of the organization and with suppliers.

• Education
  • Required: Bachelor’s degree in a related field or equivalent experience. Masters degree in a related field a plus.
    
    

Relocation Statement:

• This position is not eligible for relocation assistance. Visit our PinFlex page to learn more about our working model.

In-Office Requirement Statement:

• We recognize that the ideal environment for work is situational and may differ across departments. What this looks like day-to-day can vary based on the needs of each organization or role.
• This role will need to be in the office for in-person collaboration1-2 times every 6-months and therefore can be situated anywhere in the country.

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