SaaS - Procurement Lead

Samsung Ads; New York (NY); On-site; USD 130,000 - 155,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k)

Paid Time Off

Tuition Assistance

Employee Purchase Program

Wellness Incentives

Job summary

Samsung Ads seeks a Procurement Lead to drive strategic sourcing, vendor management, and cost optimization across global teams. You will secure favorable contracts, manage multi-department partnerships, and advance the procurement roadmap supporting Samsung Ads’ objectives.

Requirements include at least 6 years in procurement, strong negotiation skills, and a Bachelor’s degree in Business Administration or related field; Korean language skills are a plus. Based in New York City, NY.

Qualifications

• Minimum 6 years of experience in procurement or a related field.
• Proven track record of successfully negotiating contracts and securing cost savings.
• Strong understanding of procurement principles, sourcing strategies, and contract negotiation techniques.
• Experience in managing and maintaining vendor relationships.
• Experience handling projects independently and collaborating with multiple teams.
• Excellent communication and interpersonal skills with initiative and relationship-building.

Responsibilities

• Continue to evolve and expand our procurement strategy aligned with Samsung Ads’ business objectives.
• Conduct market research and identify qualified vendors for required goods and services.
• Lead the negotiation and execution of contracts, ensuring optimal pricing and terms for Samsung Ads.
• Manage vendor relationships, building strong partnerships that deliver mutual benefit. Oversee the procurement process, ensuring adherence to company policies and best practices.
• Analyze procurement data to identify cost-saving opportunities and optimize spending. Collaborate with internal stakeholders across Finance, Legal, etc., to ensure a smooth procurement process.
• Stay updated on industry trends in procurement and sourcing best practices.

Skills

Procurement principles

Sourcing strategies

Contract negotiations

Vendor management

Market research

Cost savings

Negotiation

Project management

Cross-functional collaboration

Communication skills

Education

Bachelor's degree in Business Administration

Supply Chain Management

Related field

Job description

Samsung Ads focuses on enabling brands to connect with Samsung audiences across all devices. As an international company, Architects at Samsung work on big complex projects with stakeholders and teams located around the globe. Our purpose is to deliver unparalleled results for our customers. Samsung Ads uniquely transforms the advertising landscape by using comprehensive data to build the world’s most intelligent connected audience platform.

We deliver on Samsung Electronics’ 51-year commitment to excellence through smart, easy, effective advertising solutions to make advanced video advertising work.

Role and Responsibilities

• Strong understanding of procurement principles, sourcing strategies, navigating complex privacy requirements, and contract negotiations.
• Highly organized and adept at managing priorities, multitasking, and working across a global team.
• As our Procurement Lead, you will play a vital role in driving strategic sourcing and vendor management for Samsung Ads.
• You will be responsible for securing the best possible deals on goods and services, ensuring efficient contract negotiation, and fostering strong relationships with key vendors.
• This role is a departmental leader who collaborates with IT, Finance, Legal, and Security to maintain, develop, and optimize the department’s strategic road map for vendors, ensuring that vendor onboarding and renewals continually support the overall business’s objectives.

Key Responsibilities

• Continue to evolve and expand our comprehensive procurement strategy aligned with Samsung Ad’s business objectives.
• Conduct market research and identify qualified vendors for required goods and services.
• Lead the negotiation and execution of contracts, ensuring optimal pricing and terms for Samsung Ads.
• Manage vendor relationships, building strong partnerships that deliver mutual benefit. Oversee the procurement process, ensuring adherence to company policies and best practices.
• Analyze procurement data to identify cost-saving opportunities and optimize spending. Collaborate with internal stakeholders across various departments (Finance, Legal, etc.) to ensure a smooth procurement process.
• Stay updated on industry trends in procurement and sourcing best practices.
• Skills and Qualifications Required Skills And Experience Minimum 6 years of experience in procurement or a related field. Proven track record of successfully negotiating contracts and securing cost savings.
• Strong understanding of procurement principles, sourcing strategies, and contract negotiation techniques. Experience in managing and maintaining vendor relationships. Experience handling projects independently and efficiently, collaborating with multiple teams.
• Highly organized and adept at managing priorities and multitasking. Ability to navigate through ambiguity independently in a fast-paced environment. Flexibility, collaboration, resourcefulness, and positive attitude are the keys to success in this role. Excellent communication and interpersonal skills, with proven ability to take initiative and build strong relationships.
• A Bachelor's degree in Business Administration, Supply Chain Management, or a related field is preferred. Fluency in Korean is a plus. If you're interested in joining a growing team building an outstanding, world-class advertising organization with a relentless focus on design and customer experience, you've come to the right place!

Compensation for this role, for candidates based in New York City, NY, is expected to be between $130,000 ~ $155,000. Actual pay will be determined considering factors such as relevant skills and experience, and comparison to other employees in the role. Regular full-time employees (salaried or hourly) have access to benefits including: Medical, Dental, Vision, Life Insurance, 401(k), Employee Purchase Program, Tuition Assistance (after 6 months), Paid Time Off, Student Loan Program (after 6 months), Wellness Incentives, and many more.