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Strategic Sourcing Specialist - Marketing
Tiffany & Co.
New York, NY, United States
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Overview
Tiffany & Co. is currently seeking a Strategic Sourcing Specialist for Marketing based in New York, NY. The primary purpose of this role will be to lead and deliver enterprise wide procurement and cost optimization opportunities, capturing cost reductions on Tiffany expenditures for the Marketing Division, while assisting the Manager, Global Procurement with procurement strategy, processes and execution.
Responsibilities
The Strategic Sourcing Specialist for Marketing will lead the planning and execution of strategic sourcing initiatives using a multi-step sourcing process for prioritized marketing spend categories including but not limited to Creative Visual Merchandising, Print, Public Relations and Media. The Specialist will develop category specifications requirements and related scope of work that is consistent with the business requirements and Global Procurement strategy. S/He will conduct data gathering, spend analytics, and utilizes market intelligence to develop business cases and total cost of ownership models to assist the business in delivering measurable cost savings and developing multi-year cost avoidance and reduction strategies while conducting analytics to measure and monitor savings achieved and ensure category compliance versus previously implemented procurement initiatives
The Specialist will lead evaluations through the development of RFQ, RFI and RFPs and participate in negotiations. This position will develop negotiation strategies based on supplier proposals and spend/RFP analysis and act as a contract negotiator within assigned categories. S/He will manage supplier selection process and provide data and recommendations to ensure informed selection decisions and develop and administer agreements and statements of work in collaboration with business and legal department. Additionally, this position will identify continuous improvement initiatives such as demand management and process improvements while monitoring supply market and identifying opportunities resulting from new product offerings and/or market shifts (e.g., entry or exit of suppliers, changes in pricing).
Qualifications
• Bachelor’s in Finance, Economics, or Supply Management
• Minimum of 3 to 5 years of strong category and general procurement experience, specifically in Marketing
• Experience leading all stages of a structured strategic sourcing process for indirect spend categories across multiple spend areas
• Knowledge of contract fundamentals
• Excellent math, analytical, problem solving and project management skills
• Strong interpersonal and communication skills
• Demonstrated ability to work with suppliers
• Strong relationship management experience
• Self-starter with the ability to work independently with minimal supervision
• Ability to drive projects with a sense of urgency and perform in a fast paced organization with time sensitive deliverables
• Proficient in Microsoft Excel, PowerPoint, Word and knowledge of Procurement tools
• Ability to interact with all levels of Management
• Ability and willing to work flexible hours
• Master’s Degree, CPM or similar certification is a plus
• Consulting or private equity background a plus