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Job Details

Senior Category Specialist / Procurement

Company name
Best Buy

Location
Richfield, MN, United States

Employment Type
Full-Time

Industry
Operations, Procurement, Legal, Finance, Marketing

Posted on
Nov 19, 2020

Valid Through
Mar 04, 2021

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Profile

Best Buy

Attention Marketing Procurement Professionals and Attorneys!

Join the Procurement team to support the exciting world of Marketing!

The Senior Category Specialist / Procurement for Marketing is responsible for the category management (sourcing, negotiation, contracting and RFx) for an established portfolio of marketing products and services. Create value while reducing total cost of ownership through proactive category management in alignment with category strategies and by leveraging world-class negotiation and sourcing strategies. This position interacts with leaders throughout all levels of the Best Buy organization. The position also closely works with 3rd party contracted partners.

Two positions are being hired for this role. The first will lead sourcing for the Creative, Social/Influencers, Translation Services, Licenses (fonts, imagery, music, etc.) and Consulting categories. The second role will lead sourcing for the Experiential Events, Photography, Animation, Production, Freelancers and Training categories.

Key Responsibilities for the Category Specialist:

Source and/or negotiate a highly similar portfolio of semi-complex Marketing products and services with tools, processes, and strategies to drive and achieve business results in the following capabilities:

GNFR (Goods Not for Resale, or Direct Spend) Supplier Sourcing and Portfolio Management: Ability to create a portfolio of available and preferred suppliers, proactively manage the sourcing, negotiation and contracting for Marketing and Media agreements including, but not limited to RFx execution, manage contract expirations and renewals, perform benchmarking and total cost analytics, and maintain service levels from suppliers).

GNFR Supplier Relationship Management (ability to identify and establish relationships with credible suppliers and create a mutually beneficial relationship).

GNFR Contract Management (ability to create and manage contracts, managing and monitoring compliance, and reducing exposure to risk factors).

Perform Procurement functions:

Influence and support sourcing and contracting strategies to help determine the best approaches, tools and methodologies for each project.

Leverage tools, policies and relationships to help educate internal clients on best sourcing practices to achieve optimal results.

Partner with Procurement Operations team to ensure a total sourcing and procurement solution is delivered to Best Buy. Support end-to-end source-to-pay process through launch of new iProcurement tool. Utilize operations support to deliver optimal outcomes.

Lead communications with cross-functional areas in establishing and sustaining this function within Commercial Office, ensuring compliance in the use of sourcing and procurement services.

Support Category leadership with more complex category management activities including but not limited to spend reporting, contract redlines, negotiations, supplier research and RFx.

Act as subject matter expertise and industry knowledge within the established portfolio set of products and Services.

Self-Development /Management

Set clear effective goals and expectations for self as a key part of managing performance to drive business outcomes. Determine and execute personal developmental opportunities to develop skills, knowledge and experiences. Express, model and reinforce leadership behaviors, with special emphasis on integrity, code of conduct, and Efficient Enterprise.

Basic Requirements:

3 years of Procurement or equivalent experience to include sourcing/buying, negotiation and contracting

-OR –

3 years of experience working as an attorney with commercial transactions (inclusive of drafting, redlining and negotiating contracts to reduce business risk

Preferred Qualifications:

Bachelor’s Degree in Business, Marketing, Finance, Supply Chain or closely related field

Marketing/Media category-specific procurement or legal equivalent experience, with outsourced relationship/partner development, in multiple marketing disciplines

Buying/Merchant experience

Experience working with or at marketing agencies

Experience working with and leveraging outsourced service providers

Demonstrated strong negotiation, analytical, planning and execution skills

Member affiliations: ISCM; IAOP; Association of National Advertisers, American Association of Advertising Agencies, MIMA or other Marketing/Advertising industry associations

Company info

Best Buy
Website : http://www.bestbuy.com

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