Procurement and Sourcing Associate

Posted Yesterday
Hiring Remotely in San Jose, CA
Remote
Junior
AdTech • Marketing Tech
The Role
The Procurement and Sourcing Associate is responsible for sourcing services and materials, negotiating contracts, managing supplier relationships, and identifying cost-saving opportunities. This role involves working with cross-functional teams to align procurement strategies with business goals, conducting market research, managing vendor selection, and ensuring optimal procurement processes.
Summary Generated by Built In

Company Description

Publicis Re:Sources is the backbone of Publicis Groupe, the world’s most valuable agency group. We are the only full-service, end-to-end shared service organization in the industry, enabling Groupe agencies to do what they do best: innovate and transform for their clients. Formed in 1998 as a small team to service a few Publicis Groupe firms, Publicis Re:Sources has grown to 5,000+ employees in over 66 countries. We provide technology solutions and business services including finance, accounting, legal, benefits, procurement, tax, real estate, treasury and risk management.

We continually transform to keep pace with our ever-changing communications industry and thrive on a spirit of innovation felt around the globe. Learn more about Publicis Re:Sources and the Publicis Groupe agencies we support at http://www.publicisresources.com/.

Job Description

The Procurement and Sourcing Specialist is responsible for sourcing and procuring services and materials, negotiating contracts, managing supplier relationships, and identifying cost-saving opportunities. In addition, you will work closely with cross-functional teams to ensure that procurement strategies align with business goals and objectives. The ideal candidate for this position should have a background in procurement, excellent project management skills, and a proven track record of delivering results.

Key Responsibilities: 

· Manage discovery and preparation of RFP/RFI/RFQ as required using the approved Procurement toolkit documentation and processes

· Collaborate with cross-functional teams to understand business requirements and identify cost-saving opportunities

· Conduct market research and supplier assessments to identify potential suppliers and evaluate their capabilities

· Support the implementation of procurement strategies that optimize the cost, quality, and delivery of goods and services

· Manage procurement process for goods and services, including vendor selection, price negotiation, and contract management to achieve the best value for the organization. · Identify, evaluate, and select suppliers based on quality, price, delivery, and reliability to ensure the best value for the organization.

· Monitor & Manage supplier relationships and supplier performance and implement corrective actions as needed.

· Monitor market trends and potential research suppliers to identify cost-saving opportunities.

· Monitor spending trends, identify potential new sourcing initiatives and avenues for supplier consolidation or rationalization, analyze options, and provide recommendations for initiatives to be included in the business plan.

Qualifications

· Bachelor's degree in a relevant field such as business administration, CIPS or supply chain management, finance, or a related discipline.

· High English proficiency, both oral and written.

· Minimum of 1-2 years experience in procurement, with a proven track record in managing strategic sourcing and supplier management

· Having experience in handling the procurement lifecycle, and managing concepts like RFI, RFQ, RFP.

· Excellent communication, collaboration, and relationship-building skills

· Strong negotiation and contract management skills

· Sound financial analytical skills and a good understanding of contract law

· Strong analytical and problem-solving skills, with proven ability to analyse data and make data-driven decisions. ·

Awareness of regulation and legislation on the markets involved.

· Ability to work in a fast-paced environment and manage multiple priorities.

· A proven team player with impeccable attention to detail and the ability to prioritise deliverables aligned with organisational strategy.

The Company
HQ: Paris
45,929 Employees
On-site Workplace
Year Founded: 1926

What We Do

As a platform at the intersection of marketing and digital business transformation, driven through the alchemy of creativity and technology, Publicis Groupe is built on The Power of One. Publicis Groupe offers its clients seamless access to the expertise of its 80,000 talents across four Solution hubs: creative with Publicis Communications (Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, BBH, Marcel, Fallon, MSL, Prodigious), media services with Publicis Media (Starcom, Zenith, Spark Foundry, Blue 449, Performics, Digitas), digital business transformation with Publicis.Sapient and health & wellness communications with Publicis Health. Publicis Groupe’s agencies are present in over 100 countries around the world.

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