"Alerted.org

Job Description :

**Position** - Director of Global Sourcing, Marketing Category

**Location** - NYC - 1211 6th Avenue

**Hybrid** - 3 days in office

About News Corp

News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world. The company comprises businesses across

a range of media, including news and information services, book publishing, and digital real estate services. Headquartered in New York, News Corp's activities are conducted primarily in the United States, Australia, and the United Kingdom.

In the News Corp Global Sourcing Organization, our aim is to unlock value for News Corp to reinvest in what matters most. We do this by bringing speed, efficiency, and security to buying at News Corp and with all business units within. We partner deeply across News Corp’s business units to deliver solutions fit for purpose.

As a centralized organization operating in a high complexity environment, we bring one voice to stakeholders, suppliers and vendors to ensure the best outcomes.

Our organization fosters a culture of collaboration, innovation and continuous improvement while providing opportunities for ongoing career growth and development. You will partner closely with key stakeholders to help shape and implement sourcing strategies related to your category.

This team is responsible for developing and driving holistic category strategies, managing stakeholder relationships, and bringing excellence to News Corp-wide sourcing, supplier, and supplier management. You will collaborate across teams to develop new procurement approaches and solve complex business problems.

You will lead strategic sourcing engagements across a wide range of business units to enable new initiatives to launch and scale rapidly. You are an expert practitioner in creating competitive environments, and have a strong bias for decision-making rooted in data and analytics. You routinely influence C-level supplier relationships and advise senior business leaders on innovative sourcing strategies that create sustainable, long-term partnerships. You are a highly effective communicator, and are able to articulate the value proposition of partnering with our sourcing group.

This role in particular focused on category leadership for the sub-category Marketing, under the Indirect Category** **umbrella.

Accountabilities

Category Management

• Lead the delivery of the annual YOY productivity savings & working capital impact across the category

owners; set preliminary vision/goals for the category assigned in first 90-days on the job based on

identified cost drivers

• Develop, execute, and implement a complete Category Strategy for the Marketing Procurement category, collaborating with key stakeholders, team members, and leaders affected by the respective category; Play

an integral role in the development of multi-year global category plans and strategies that drive supplier

consolidation and leverage spend across the organization while increasing spend under contract.

• Follow structured project management methods and principles to execute complex, long-term category

management and strategic sourcing initiatives

• Adopt/leverage the Category Performance framework and define metrics related to category performance

and continuously tracks them

• Prepare and execute clear, structured negotiations following the Global Sourcing and Procurement

Category Management and Strategic Sourcing methodologies

• Start/Run program level initiatives that can create benefits such as improving an existing process, execute

actions to increase diversity, etc.

• Manage Category cards detailing overall category strategies, preferred suppliers, and business unit

requirements for execution; ensure category health is tracking per strategy/goals/plan

• Develop “should cost” and “total cost of ownership models” for the category; support the strategies &

targets set by the Indirect Sourcing Head.

• Build strong partnerships with key budget owners, functional stakeholders, and strategic suppliers.

• Be part of multiple cross-functional teams executing major category initiatives, ensure delivery of values

across the procurement process, contribute to the compliance tracking of category specific policies and

performance metrics, and support the translation of rapidly evolving category market trends and leading

practices into opportunities for News Corp

Sourcing Advisory

• Establishing strong relationships with internal business partners; building a robust understanding of

strategic business direction, requirements and priorities across assigned suppliers and/or spend categories.

• Developing global sourcing strategies to deliver against business objectives for internal clients.

• Evaluating supplier core competencies and competitive positioning using industry cost models and

benchmarking analysis; leveraging key-insights to inform and support the category strategy development

process.

• Managing the fundamentals of sourcing and supplier engagement activities including RFx, spend pattern

analysis, contract analysis, bid evaluation, negotiations, and supplier consolidation.

• Working with business and finance leaders to identify and drive savings and controllership improvements,

focusing on total cost of ownership.

• Providing guidance to internal stakeholders on procurement strategies; maintaining procurement ethics in

accordance with News Corp’s global policies & methodologies

• Preparing and holding business reviews with stakeholders to review vendor performance, future

opportunities, and/or challenges.

• Develops an understanding of the designated business unit market strategy and in coordination with the

Business Sourcing Partners, proactively identifies individual spend category strategies/drivers that will allow

to meet aggressive cost reduction targets

• Works with senior cross-functional internal customers as well as the Business Sourcing Partner to define

detailed business requirements with designated business units, prioritizing business requirements and

taking them through approval process; Participates in standardized relationship management processes

globally for designated business area(s)

• Ensures Sourcing Partners as well as Contracting and Sourcing Analysts follow the category strategy &

policies, procedures without deviation

• Implements change management strategies within designated business units to increase utilization of best

practices sourcing and procurement solutions

• Assists the Business Sourcing Partner in business unit capacity and demand planning forecasting customer

business unit demand

• Negotiation of global preferred supplier agreements

• Maintains the contracting database and feeds the Supplier Relationship Management system

Contracting

• Perform negotiation of contracts with selected suppliers leveraging tools/technology or supplier contract

template including but not limited to Software as a Service, comprehensive Master Services Agreements,

Master License and Service Agreement, Statement of Work, Amendments, etc. and negotiation of global

preferred supplier agreements, following the legal guidelines.

• Execute SOWs of complex and strategic nature through creation to approval

• Manage escalations to the legal department appropriately, as needed

• Be a contracting subject matter expert (SME) providing coaching and advisory services to other sourcing

managers in the team under given category

People Management

• Mentors, develops, motivates and coaches teams to work collaboratively and effectively; ensures that

employees are engaged

• Develops a strong, unique employee value proposition and organization culture that attracts, retains,

develops, incentives and motivates employees

• Demonstrate exemplary integrity and ethics in all instances, ensuring compliance with respective policies

and effective practices

Critical Experiences | Competencies | Abilities

• Bachelor's Degree or equivalent experience required, MBA preferred

• Minimum 8 years of global strategic sourcing experience in the Marketing category and/or equivalent

experience in multi-disciplined procurement or creative/marketing agency

• Supplier management experience working with Marketing agencies

• Experience with Marketing stakeholder management and the use of data and insights to influence

decision makers and drive business decisions

• Minimum 5 years demonstrated track record of people management leadership experience is required

• Minimum 3 years experience leading cross-cultural teams

• Minimum 3 years of procurement transformation experience (e.g., significant prior experience in all

elements of sourcing and category management)

• Embraces fact-based decision making; naturally seeks to leverage and/or integrate market data, spend

analytics, and cost modeling

• Proven written and oral communicator, with strategic, analytical, and interpersonal skills to act as an

effective change agent, unlocking barriers to value for priority spend categories

• Expert negotiator with proven experience in setting negotiation strategies and conducting negotiations.

• Strong project management skills, including adhering to stakeholder timelines, and meeting management

skills

• Expert understanding of, and deep experience with, multi-step strategic sourcing processes and category

management strategies.

• Extensive knowledge of the basic types of commercial agreement structures and the function and purpose

of key legal terms.

• Experienced at assessing risk and concisely explaining complex issues to principal business owners.

• Extremely customer-focused, taking the time to understand the needs of the business.

• Experience working in a large, global, highly matrixed organization, and works easily in multi-business unit

project settings; able to facilitate teamwork across corporate boundaries.

• Understanding of legal terms and implications; ability to redline contracts aligned with legal guidelines

• Contract drafting experience as well as excellent understanding of contractual terms, both commercially

and legally.

• Leads category, sourcing strategy and demand planning discussions, using group facilitation strengths and

experience

• Ability to accomplish results through others, particularly by establishing relationships, effective controls

and monitoring processes

• Experience in using eSourcing tools including eRFx, reverse auctions, project management tools, and

contract management tools Ariba or similar (sourcing and contracting), ServiceNow, Oracle, SAP, etc.

• Ability to travel (up to 10%) – internal/external meetings as required.

Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national

origin, protected veteran status, or disability status. EEO/AA/M/F/Disabled/Vets

Job Category:

Pay Range: $145,000 - $170,000 + Bonus

We recognize that attracting the best talent is key to our strategy and success as a company. As a result, we aim for flexibility in structuring competitive compensation offers to ensure we are able to attract the best candidates. The quoted salary range represents our good faith estimate as to what our ideal candidates are likely to expect, and we tailor our offers within the range based on the selected candidate's experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the interview process.

Pay-for-performance is a key element in our strategy to attract, engage, and motivate talented people to do their best work. Similarly to salary, for bonus eligible roles, targets are set based on a variety of factors including competitive market practice.

For benefits eligible roles, in addition to cash compensation, the company provides a comprehensive and highly competitive benefits package, with a variety of physical health, retirement and savings, caregiving, emotional wellbeing, transportation, and other benefits, including "elective" benefits employees may select to best fit the needs and personal situations of our diverse workforce.

News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world. The company comprises businesses across a range of media, including: news and information services, book publishing, digital real estate services, cable network programming in Australia, and pay-tv distribution in Australia.

Headquartered in New York, the activities of News Corp are conducted primarily in the United States, Australia, and the United Kingdom.