At Hasbro we're changing the face of play and entertainment. We're looking for people who want to explore, experiment, and innovate to come up with the best ideas. Our culture of community, passion, integrity, creativity, and inclusion has inspired our diverse team of highly skilled, highly creative, and highly committed individuals for 100 years and we believe the best is yet to come.
We are seeking to add a Director, Global Marketing Procurement to play an integral role in our Global Indirect Procurement Organization! The Director of Global Marketing Procurement is an ideal role for an individual considered as a subject matter expert in all facets of marketing and the associated procurement. The role will be responsible for developing and deploying sourcing strategies that optimize marketing and media services to provide Hasbro with a competitive advantage. The category as managed will cover all global spend by Hasbro and its entities in subcategories such as advertising, digital marketing, media buying, creative and production agencies, and promotional goods. The role will work very closely with senior stakeholders across Hasbro and will play a key leadership role in the global procurement team. The role will be of critical support to all marketers and their associated teams.
A day in the life of a Director, Global Marketing Procurement:
Develop and implement sourcing strategies and category plans for marketing and media services that support and align with Hasbro's business objectives and marketing strategies.
Work closely with cross-functional teams of analysts and managers from respective marketing functions and/or external consultants to deliver cost savings through global and regional sourcing events, including providing executive updates as needed.
Pursue cash flow improvements through negotiation of payment terms.
Lead contract negotiations to secure mutually beneficial terms and conditions with key vendors and agencies.
Ensure compliance with Hasbro procurement and governance standards by working closely with finance, marketing, and legal teams across all global regions.
Work with appropriate teams to analyze (and monitor) marketing spends to ensure maximum value and spend efficiency.
Provide insights and recommendations to the marketing teams based on spending patterns and supplier performance.
Manage supplier risk by ensuring selected vendors are compliant with Hasbro's expectations for quality, compliance, and performance. Track supplier performance to ensure performance is in line with the deployed category strategies.
Engage with regional and functional finance teams to improve spend visibility and tracking for marketing across the globe.
Develop and manage a small team of subject matter experts.
Identify and implement continuous improvement opportunities.
Create Key Performance Indicators (KPIs) for the category both regionally and globally.
What you'll bring:
Bachelor's degree, preferably in economics, business, procurement, supply chain management, or related field.
10+ years of relevant strategic sourcing experience with a focus on indirect categories, specifically marketing and media at an international organization.
In-depth experience in conducting sourcing events and negotiating complex contracts with marketing agencies, media partners, and vendors.
Proficiency in Strategic Sourcing best practices (e.g., category plans, market intel, competitive bids, negotiation planners, dual sourcing, etc.).
Working knowledge of sourcing platforms and contract management systems.
Intermediate to advanced proficiency in contract law as it pertains to contract negotiations with suppliers/service providers.
Experience developing and implementing sourcing strategies for assigned categories/commodities.
Ability to work across geographies and time zones with business/process partners (internal and external) around the globe.
Passion for driving change and continuously improving processes.
Compensation Range, Currency USD:
Starting Pay Range: $119,300
Pay Range End: $230,300
Hasbro is committed to equality of opportunity in all aspects of employment. We are committed to making all employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, or any other legally protected status.
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