Strategic Sourcing and Procurement Specialist
1 month ago
We are seeking a highly skilled Strategic Sourcing and Procurement Specialist to join our team at WPP. This is an exciting opportunity for a motivated and experienced professional to drive business growth through strategic sourcing and procurement excellence.
About the Role:
- Company Overview: As part of the WPP network, we have over 100,000 talented people in 112 countries working together to deliver transformative ideas and outcomes for our clients.
- Salary: We offer a competitive salary of $85,000 - $110,000 per year, depending on experience, plus benefits and opportunities for career growth.
Key Responsibilities:
- Conducting strategic sourcing, market intelligence, opportunity assessment, spend analytics, contract analytics, category strategy development support, contract extension & renewals, spot buys, tactical sourcing, market engagement, and buying channel optimization to optimize the way we source & procure and generate value.
- Analyzing spend data, creating internal & external category profiles, market intelligence reports, opportunity assessments, devising category strategies, identifying sourcing levers for respective categories, analyzing costing for a product or service, conducting structured supplier negotiations, understanding the nuances of contracting, and executing the same with suppliers in coordination with legal teams.
- Executing projects through GEP Source to Contract platform, performing procurement risk, governance & compliance activities, supporting procurement operations activities, managing workloads and priorities, coordinating with the team, and escalating/reporting to sourcing & procurement manager on a regular basis.
- Ensuring high-quality stakeholder engagement both internal (procurement) & external (suppliers, agencies, business contacts), collecting, communicating, and documenting requirements from stakeholders, executing strategic sourcing projects in coordination with category teams and sourcing & procurement manager, analyzing buying patterns, volumes to determine appropriate buying channel, and providing specialist administrative support from beginning to end of a tendering project/RFP ensuring the integrity of the process.
Requirements:
- Proficient in Strategic Sourcing and Procurement Methodology and Processes with 5+ years of experience.
- Demonstrated ability to analyze and provide insights on spend categories & supply markets basis internal & external category profiles.
- Strong procurement operational skills, legal understanding, and RFI/P leadership.
- Good negotiation and influencing skills.
- Effective project management skills and knowledge of project management systems.
Benefits:
- A competitive salary and comprehensive benefits package.
- Ongoing training and development opportunities.
- The chance to work with a global network of talented professionals.
Location:
WPP has headquarters in New York, London, and Singapore and a corporate presence in major markets worldwide.
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