Strategic Sourcing Consultant - Marketing
Chain IQ Group AG · Jersey City, NJ · 1 mo ago
Hybrid$90k–$124k/yrFull-time
Role Purpose
The primary purpose is to deliver value-add sourcing services to clients in a structured, professional and consistent manner. We are seeking a procurement professional with a strong media, advertising and production background to join our Marketing Services Sourcing team.
Responsibilities
- Lead clients through end-to-end lifecycle of category strategy development, issuance of competitive tenders, and compliant contract negotiation and execution.
- Act as a subject matter expert in media and marketing procurement, advising clients on supplier capabilities and best practices.
- Serve as a subject matter expert on supplier marketing offerings, providing insights into strategies and developing innovative solutions with a focus on Media Strategy, Development and Execution.
- Strong familiarity and deep expertise with the following areas of media buying:
- Media Strategy Development – Identifying the best media channels (TV, radio, digital, print, etc.) to reach the target audience.
- Negotiation & Purchasing – Securing ad placements at optimal rates through negotiations with media vendors.
- Campaign Management – Monitoring ad placements, ensuring they run correctly, and adjusting strategies as needed.
- Budget Optimization – Allocating funds efficiently to maximize exposure while minimizing costs.
- Performance Analysis – Monitoring campaign effectiveness and making data-driven adjustments.
- Market Research – Staying updated on industry trends, competitor strategies, and audience behavior strategies.
- Supporting the marketing global sourcing lead and team leads in conducting sourcing initiatives — including events, experiential, print, media buying, advertising, sponsorships, etc. — which vary in terms of complexity, scope and scale, both global and domestic.
- Managing the process of market tenders and subsequent evaluation of bid proposals across a cross-functional team to determine supplier selection.
- Understanding business requirements and shaping deals to meet those requirements.
- Drafting contracts based on standard terms and conditions.
- Negotiating contracts to achieve optimal commercial terms.
- Maintaining market awareness of the marketing and advertising landscape and contributing to sourcing area plans and business development.
- Establishing and maintaining strong relationships with our business partners, key suppliers, and multiple client groups.
Requirements
- Bachelor’s degree required. (Supply Chain and/or MBA would be a plus).
- Proven capability of running multi-million-dollar sourcing projects.
- Experience in understanding contracts and contract drafting, with limited requirement for specialist legal support.
- Excellent communication and negotiation skills.
- Analytical skills for interpreting and optimizing campaign performance data.
- Knowledge of digital and traditional media landscapes.
- Budget management expertise, ability to report on success measures and Key Performance Indicators.
- Ability to work with marketing teams and media vendors.
- Strong proficiency in data analysis, pivot tables, and PowerPoint presentations.
- Client/stakeholder focus within the corporate environment with the gravitas to influence senior stakeholders and executive project sponsors.
- Ability to manage multiple priorities, often to tight deadlines, and deliver results.
- Experience in working with market leading sourcing tools and systems.
- Professional team player, motivated and highly flexible with dedication towards delivering meaningful results.