Strategic Sourcing Specialist II

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.

What you'll do:

• 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.
• Key Responsibilities:
  • 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 Suppl