Purchasing Lead | Dearborn, MI /(Hybrid)

Job Summary: 

• Responsible for maintaining and enhancing the company's strategic sourcing function, which includes end-to-end sourcing activities related to software, services and products for a growing digital marketing company in the automotive retail space. The Lead will be primarily focused on sourcing digital marketing and advertising, technology industries and general business activities. This position will continuously improve the strategy and related policies to source products and services that ensure high-quality, favorable commercial terms, cost avoidance, and risk mitigation while driving company growth and business objectives forward.
• This role will assist in providing due diligence, contract and supplier management and support supplier operations with the Security and Privacy teams through onsite supplier assessments. This includes the review and investigation into the capability, capacity and historical performance of the supplier.
• Additionally, the individual will possess excellent financial analytical skills, especially around the area of Total Cost of Ownership (TCO). This person will help assess and articulate price drivers and overall cost to the business owner, finance organization, and the Strategic Sourcing team. The role will be responsible for documenting all cost-savings achieved through their negotiations.
• This position will have a heavy focus on cross-functional involvement and collaboration with the Legal Team to finalize contracts, ensuring favorable terms & conditions are met.
• The ideal candidate will lead and present concise sourcing strategies including supplier recommendations, financial analyses, negotiations, and risks to VP levels and above to support timely decision-making.
• This position is a hybrid role which requires the employee to work in the office Tuesday, Wednesday, and Thursday.

Essential Functions:

• Enhance the business function, providing education and driving the acceptance of the program at all levels of the organization.
• Develop and continually analyze program policies and procedures, implement new procedures, and provide policy interpretation for business units for engaging the sourcing team within corporate guidelines.
• Work to improve sourcing strategy related to sourcing events that results in best-in-class decisions focusing on quality of product or service while mitigating contract risks.
• Create benchmarks to measure competitive rates and department's performance against business objectives; initiate corrective actions where objectives fall short of targets.
• Evaluate and monitor market conditions and adjust sourcing strategy accordingly.
• Leverage AI-based tools and technologies to improve efficiency, accuracy, and quality of work within scope of responsibilities.

* Hybrid Position: This position is a hybrid role which requires the employee to work in the office Tuesday, Wednesday, and Thursday.