Procurement Specialist

Responsibilities
ByteDance is a global incubator of platforms at the cutting edge of commerce, content, entertainment, and enterprise services - over 2.5 billion people interact with ByteDance products, including TikTok
Why Join Us
Creation is the core of TikTok's purpose. Our platform is built to help imaginations thrive. This is doubly true of the teams that make TikTok possible.
Together, we inspire creativity and bring joy - a mission we all believe in and aim towards achieving every day.
To us, every challenge, no matter how difficult, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always.
At TikTok, we create together and grow together. That's how we drive impact - for ourselves, our company, and the communities we serve.
Join us.
The Global Procurement team facilitates multi-billion dollar annual purchases across 4 major sourcing hubs including Americas, EMEA, and Asia. Our mission is to enhance the business unit's competitive edge by providing the best in class "visible, controllable and deliverable" procurement practices & solutions. The global procurement team embraces the following cultural principles: being humble & authentic, encouraging diversity & inclusion, pushing boundaries, and providing robust career development opportunities to help you unleash your highest potential.
TikTok's Americas Procurement (Procurement AMS) manages the purchasing activities of all indirect categories for North and South Americas. The primary indirect categories include: Real estate & Facilities, Office Supplies, Physical & Cyber Security, Marketing, IT, Professional and Supply Chain services.
**Key Responsibilities**:
- Strategic Sourcing Analysis: Cultivate category intelligence and insights through comprehensive global sourcing analysis and research.
- Vendor Management: Develop a robust vendor pool by employing appropriate procurement evaluation tools and processes, such as formulating sourcing strategies, conducting RFx processes, negotiating contracts, and managing partnerships.
- Procurement Solutions: Offer optimal procurement solutions and practices, including portfolio management, total cost analysis, risk assessment, and project timing forecasting to support our business units.
- End-to-End Procurement: Oversee the entire procurement cycle, encompassing contract negotiation and execution, monitoring project deliverables and milestones, establishing supplier performance management programs, and instituting business allocation policies and procedures to manage supplier obligations and violations.
- Procurement Efficiency: Drive procurement efficiency by establishing framework contracts, rating cards, catalog and punch-out solutions, and other innovative practices.
- Stakeholder Partnerships: Foster constructive and enduring partnerships with key business stakeholders and develop an in-depth understanding of each supported business unit.
- Relationship oriented. Builds effective relationships with internal cross functional stakeholders (business teams, legal, accounting..etc) and external partners to drive positive results and influence business improvements.
- Interpret data to understand business opportunities and the ability to connect internal and external partners to explore opportunity feasibility.
- Strong negotiation skills. Ability to negotiate commercial terms to ensure optimal results on all costs,

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