Lead (Manager) - Marketing Procurement
About PhonePe Group:
PhonePe is India’s leading digital payments company with 50 crore (500 Million) registered users and 3.7 crore (37 Million) merchants covering over 99% of the postal codes across India. On the back of its leadership in digital payments, PhonePe has expanded into financial services (Insurance, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India's first localized App Store. The PhonePe Group is a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.
Culture
At PhonePe, we take extra care to make sure you give your best at work, Everyday! And creating the right environment for you is just one of the things we do. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a big part of being at PhonePe. If you like building technology that impacts millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!
Position Summary:
The Selected candidate will be part of the Procurement team reporting into Head of Marketing Procurement and will manage sourcing and contracting life cycle for Marketing category by engaging with Internal Marketing stakeholders, Vendors and will be responsible for vendor selection and negotiations, Contract Compliance, Vendor performance assessment and reporting.
The Role:
- This will be an Individual contributor role.
- Coordination with the marketing team to understand the requirements and partner with them to close the requirements in agreed timelines & at the right cost.
- Responsible for managing various categories of Marketing Procurement. Categories including but not limited to creative agency, event agency, TV Commercial Production, artist negotiations, OOH campaigns, Digital creative agency, content creation agency, PR agency, Print & Promotional materials, Research agency, Consultancy & merchandizing items/POSM. Experience in devices procurement & logistics & warehousing services will be an added advantage.
- Responsible for procurement strategy creation and execution of key initiatives.
- Conducting RFPs, RFQs, RAs & Negotiating independently.
- Coordination with internal functions (Business Finance, Business, Tax, Compliance, Legal) & external stakeholders (vendors) for contract signing process.
- Maintain a dashboard of all requisitions as well as all contracts.
- Oversee new vendor registration process.
- Issuance of POs to partners and achieve PR to PO defined TAT.
Education:
Bachelor’s degree in any discipline + marketing procurement exposure (MBA will be preferred)
Ideal Candidate:
- Minimum of 4-6 years of relevant experience and proven competencies in Marketing procurement.
- Pan India knowledge of marketing related vendor base.
- Excellent knowledge of different cost models and pricing methodology.
- MUST HAVE: An eye for detailing and analysing the costs to the last element possible to drive efficient negotiations.
- Proven skills in Market Analysis (category specific), Vendor identification, Vendor Profile Evaluation, Performance Assessment and Vendor Management.
- Knowledge of regional statutory regulations and Tax structure related to the category.
- Ability to network and form high quality working relationships with stakeholders/colleagues in multiple locations and handle multiple priorities and meet deadlines.
- Must be able to work independently and within a team environment, provide direction, trouble shoot and meet required objectives for a given negotiation.
- Ability to understand the requirement, translate them in actionable points and find appropriate solutions with quick turnaround time and meet stakeholder expectations.
- Strong analytical and data management skills in the areas of Procurement and Logistics.
- Excellent communication and Presentation skills.
- Advanced skills in Microsoft Office applications.
- Knowledge of e-sourcing applications (Ex.: Oracle, ARIBA, SAP) is desirable.
Location: Bengaluru
PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)
- Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
- Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System
- Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program
- Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy
- Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment
- Other Benefits - Higher Education Assistance, Car Lease, Salary Advance Policy
Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.
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