- Establish strategic vision, goals, and objectives for the marketing procurement function, aligning with the company's mission and priorities.
- Lead the development of procurement strategies for marketing categories such as advertising, media buying, creative services, events, and promotional items.
- Provide strategic guidance to procurement team members, fostering innovation and collaboration.
- Develop and maintain strategic relationships with internal stakeholders like marketing leadership, finance, and legal departments.
- Cultivate strong partnerships with external vendors to drive value and competitive advantage.
- Act as the primary point of contact for senior leadership on procurement matters.
- Establish best practices and procedures for the marketing procurement function to ensure compliance and efficiency.
- Lead initiatives to optimize costs and enhance value across the marketing supply chain.
- Negotiate contracts and agreements with vendors to achieve favorable terms.
- Recruit, develop, and mentor a high-performing procurement team.
- Foster a culture of accountability, collaboration, and continuous learning.
- Identify training needs to enhance team capabilities.
- Define KPIs to measure the effectiveness of marketing procurement activities.
- Monitor performance data to identify opportunities for improvement.
- Provide feedback and recognition to team members.
- Bachelor's degree in Business Administration, Marketing, or related field. Master's degree preferred.
- Minimum of 15 years of experience in procurement or supply chain management, with a focus on marketing procurement.
- Demonstrated success in leadership roles and developing procurement strategies.
- Strong negotiation skills and experience with vendor contracts.
- Excellent communication and interpersonal skills.
- Ability to translate business goals into procurement plans.
- Deep understanding of procurement best practices and industry trends.
- Experience in leading high-performing teams and talent development.
- Proficiency in procurement software and Microsoft Office suite.
- Position available in Boston or Philadelphia area with up to 50% travel.
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Director / Sr. Director, Commercial Procurement - Conshohocken, United States - Madrigal Pharmaceuticals Corporation
Description
Job Description
Position Responsibilities:
Strategic Leadership:
Relationship Management:
Procurement Excellence:
Talent Development:
Performance Management:
Qualifications and Skills Required:
Base salary determined by candidate qualifications, skills, and market demands. Additional benefits may include bonus, equity, and comprehensive insurance packages.
This is an Equal Opportunity Employer. Employment decisions are based on qualifications and business needs, not on factors like race, religion, gender identity, or age.
Avoid sharing unsolicited resumes. Fees from agency resumes are not the responsibility of the company.
Beware of fraudulent activities claiming to represent the company. Official communication will be through authorized email addresses and trusted partners. Interviews are conducted via Zoom, not via text or chat channels.