The Senior Procurement Specialist will actively support the development and implementation of strategies associated with our supplier and spend management in the US Commercial categories Media, Digital Marketing, Measurement and other forms of non-personal promotion, including both consumer and professional audiences. Category responsibilities may also expand to include the purchase of new marketing technologies or capabilities. The role will work closely with cross-functional teams across the Commercial organization delivering value and cost-optimization opportunities, capturing cost-savings/reductions, and improving financial and operational performance.
Support and advise business stakeholders with their spending strategies and initiatives in relevant categories
Work with AbbVie’s Media Center of Excellence and Digital Lab teams to optimize related areas of spend for procurement activities and the sourcing process
Serve as liaison between business leaders and key agency/supplier partners to continually evolve and improve go-to-market strategies and supplier management
Provide input on strategies to monitor, measure, and optimize AbbVie’s in-market media spend
Implement short term and long-term cost reduction strategies established by management and work with high ethical standard, in compliance with the law and the AbbVie policies and procedures
Lead role in developing supplier base to expand business, improve financials, reduce in-house / total costs, improve quality (customer satisfaction), customer relations, and on-time deliveries
Conduct end-to-end sourcing events (RFP / RFI / RFQ / Pricing Auctions) to identify potential vendors and execute on category strategy. Responsible for running local tenders (including developing documentation and ensuring compliance with all relevant policies and procedures), aligned with direction from Purchasing Manager, respective Category Manager, and commercial stakeholders.
Manage Service Agreements and other supplier contracts, in partnership with legal, ensuring timely completion and comprehensive data management.
Improve supplier service levels by integrating agreed Key Performance Indicators (KPI).
Prepare financial / saving reports
Perform and collect due diligence information required for evaluating and approving new and existing suppliers,
Data analysis for procurement projects and supplier management (supplier metrics and research, master data, market basket analysis, pricing analysis, monthly/quarterly reporting of KPI’s, savings reporting)
Work in partnership with sourcing colleagues to negotiate or renegotiate deals and contracts with supplier to include pricing and delivery schedules, while ensuring supplier risk management and compliance guidelines and protocols are followed
Bachelor’s degree or 4 years equivalent work experience
A minimum of 5 years’ experience managing Media/Advertising/Digital Marketing projects, especially in the channels of TV/Video, Search Digital/Programmatic, Display, Email. Experience with marketing technology or ad-tech platforms a plus.
Working knowledge of the Media/Advertising ecosystem supply chain with demonstrable expertise in the various cost structures and market dynamics.
Strong knowledge of MS Excel, PowerPoint, Word and Outlook.
Experience drafting sophisticated and detailed documentation related to Agency MSA, contracts, RFPs, etc.
Ability to effectively communicate to all team members, stakeholders, management, and suppliers
Ability to prioritize and organize workload across multiple projects
Ability to develop and grow relationships with internal stakeholders and suppliers
General understanding of related commercial functions, for example: Brand Management, Market Research, Patient Support, and Data Science
Self-motivated and able to work with minimal direction
Preferred: Prior employment at an agency in a digital marketing or media role managing strategy, planning, or execution preferred .
Highly preferred: Time spent in a procurement role.
Significant Work Activities: N/A
Job Type: Experienced