SaaS - Procurement Lead

Samsung Electronics•New York, NY

3d•$130,000 - $155,000

About The Position

The Procurement Lead at Samsung Ads drives strategic sourcing and vendor management, securing favorable deals on goods and services, negotiating contracts efficiently, and developing strong vendor relationships. This departmental leadership role collaborates with IT, Finance, Legal, and Security to maintain, develop, and optimize the vendor strategy and ensure vendor onboarding and renewals support business objectives. The role contributes to a comprehensive procurement strategy aligned with Samsung Ads’ objectives and helps optimize spending while ensuring adherence to company policies and best practices. Samsung Ads provides advertising solutions that connect brands with audiences through a connected TV platform. The role operates in a global, cross-functional environment and requires navigating complex privacy requirements, managing priorities, and working independently through ambiguity. The role is not eligible for immigration sponsorship.

Requirements

At least 6 years of experience in procurement or a related field.
A proven track record of negotiating contracts and securing cost savings.
Strong understanding of procurement principles, sourcing strategies, and contract negotiation techniques.
Experience managing and maintaining vendor relationships.
Experience independently and efficiently handling projects while collaborating with multiple teams.
Strong organization, prioritization, and multitasking skills.
Ability to navigate ambiguity independently in a fast-paced environment.
Excellent communication and interpersonal skills, including the ability to take initiative and build strong relationships.
Flexibility, collaboration, resourcefulness, and a positive attitude.
Ability to navigate complex privacy requirements.

Nice To Haves

A bachelor's degree in Business Administration, Supply Chain Management, or a related field is preferred.
Fluency in Korean is a plus.

Responsibilities

Evolve and expand the procurement strategy in alignment with Samsung Ads’ business objectives.
Conduct market research and identify qualified vendors for required goods and services.
Lead contract negotiations and execution to secure optimal pricing and terms.
Manage vendor relationships and build partnerships that deliver mutual benefit.
Oversee procurement processes and ensure compliance with company policies and best practices.
Analyze procurement data to identify cost-saving opportunities and optimize spending.
Collaborate with internal stakeholders, including Finance, Legal, IT, and Security, to support an efficient procurement process and vendor strategy.
Stay current on procurement and sourcing industry trends and best practices.