Strategic Sourcing Specialist II

Pinterest•San Francisco, CA

2d•Remote

About The Position

Millions of people around the world come to our platform to find creative ideas, dream about new possibilities and plan for memories that will last a lifetime. At Pinterest, we’re on a mission to bring everyone the inspiration to create a life they love, and that starts with the people behind the product. Discover a career where you ignite innovation for millions, transform passion into growth opportunities, celebrate each other’s unique experiences and embrace the flexibility to do your best work. Creating a career you love? It’s Possible. At Pinterest, AI isn't just a feature, it's a powerful partner that augments our creativity and amplifies our impact, and we’re looking for candidates who are excited to be a part of that. To get a complete picture of your experience and abilities, we’ll explore your foundational skills and how you collaborate with AI. Through our interview process, what matters most is that you can always explain your approach, showing us not just what you know, but how you think. You can read more about our AI interview philosophy and how we use AI in our recruiting process here. The Strategic Sourcing Marketing Specialist will play a pivotal role in shaping Pinterest's Marketing finance and strategy when engaging third-party vendors. This includes support of all Marketing verticals by strategically sourcing, negotiating, and managing supplier relationships, while supporting a flexible, work-from-anywhere culture. This role requires a strong strategic mindset, deep Marketing industry knowledge, and excellent negotiation skills to optimize Marketing programs and drive cost-effectiveness. As a key member of the Strategic Sourcing and Supplier Management team, this role drives impactful business decisions, balancing cost-effectiveness with an exceptional traveler experience.

Requirements

Stakeholder management and relationship building- becoming a trusted advisor and partner to all key Marketing stakeholders.
Advanced data analytics skills to perform insights and recommendations on spend portfolio.
Advanced understanding of commercial contract provisions and ability to interpret contractual language.
Proactive, problem-solving approach with the ability to respond quickly and effectively.
Strong work ethic and ability to close projects or tasks independently.
Minimum of 5 years of strategic sourcing experience in Marketing.
Minimum of 5 years of commercial contract negotiation expertise, program management, with experience in Marketing and general professional services.
Proactive and self-driven experience in evaluating, measuring, and optimizing Marketing Programs.
Proven cost-benefit analysis and savings in negotiations.
Knowledge of the entire strategic sourcing lifecycle, with an emphasis on ongoing supplier management, including a deep understanding of procurement and contracting systems.
Excellent oral and written communication skills.
Exceptional listening skills.
Ability to interact effectively with all levels of the organization and with suppliers.
Required: Bachelor’s degree in a related field or equivalent experience.

Nice To Haves

Masters degree in a related field a plus.

Responsibilities

Establish a trusted advisor relationship with cross-functional partners in Marketing and related stakeholders through regular meetings and touchpoints to monitor supplier performance and organizational impact.
Evaluate vendor relationships and financial overview to drive operational and cost efficiency within Marketing Team.
Manage and approve third-party spend commitments above $250K USD in contract value with the review lens being focused on cost efficiency and operational performance.
Provide data-driven recommendations for optimization and/or new supplier relationships to ensure program performance, compliance and stakeholder satisfaction.
Ensure our overall strategic program and supplier relationships prioritize delivering value, scale, and efficiencies.
Analyze supplier spend, identify savings opportunities, and manage bidding events and commercial contract terms with Marketing suppliers.
Ensuring synergistic strategic alignment between transient travel and meetings and events across the enterprise.
Contribute to overall Sourcing and Procurement best-practices with internal processes, operations, etc.
Utilize AI to accelerate work and impact while increasing productivity.
Drive Financial and Operational Value: Drive increased service quality, vendor performance, cost savings/avoidance, favorable contract terms, etc. to ensure efficiency and impact of third-party vendor spend in the Marketing category
Collaborate Cross-Functionally: Partner with key functional groups to understand strategy, identify opportunities to scale, opportunities to consolidate, and ensure compliance with regulations and company policies.
Contract Negotiation and Improve Operational Performance: Secure the best overall value through contract negotiations and development of contractual KPIs and SLAs across Marketing categories (creative, production, content, communications. media/working dollars, holistic campaigns, etc.)
Data Analytics: Use data and AI (PO, budget, contractual data, etc.) to drive insights to better manage the Marketing category from a financial perspective
Identify and Select Suppliers: Evaluate and select suppliers based on service, quality, and value, aligned with travel program or event needs and budget.
Lead and/or participate in Business Reviews: Engage with suppliers to manage ongoing performance through regular business reviews, ensuring quality and cost-effectiveness.
Develop Supplier Relationships: Build and maintain strong supplier relationships based on open communication, mutual respect, and partnership.
Report on Performance: Provide regular reports on procurement activities and cost.
Monitor Industry Trends: Monitor market conditions and industry trends to identify cost-saving opportunities and new products/services.