Procurement Strategy Director

10 hours ago


London, Greater London, United Kingdom Sourcing Industry Group (SIG) Full time

The Sourcing Industry Group (SIG) is seeking a highly skilled and experienced Procurement Strategy Director to lead our global marketing procurement strategy. The ideal candidate will have a proven track record in procurement and/or agency management, with strong leadership and management skills.

About the Role

This is a newly created role that involves creating and overseeing the development of Bacardi's global marketing procurement strategy in close collaboration with Marketing. The successful candidate will be responsible for co-owning the development of the Agency Model Strategy & Roster Development, representing the Procurement Function in the alignment and prioritization of key business needs, internal assessment, external assessment, strategy development, and action plan.

Key Responsibilities
  • Lead negotiation in terms and details of the contract, including payment terms.
  • Co-develop performance-based remuneration models with Marketing Operations.
  • Lead SOW negotiations, including external benchmarking, rate & hour negotiations, and contract execution.
  • Represent the Procurement function in agency management, supporting the marketing function, including performance surveys, KPI development, agency feedback, and action planning.

The salary for this position is estimated at $120,000 per annum, based on industry standards and location.



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