Procurement Specialist
3 weeks ago
Title: Procurement Specialist
Location: Chicago IL 60604 (Hybrid 3 days/week onsite)
Duration: 6 months Assignment
Shift/Hours: 40hours/week, M to F 8:30 am to 5 pm
Summary:
Responsible for leading and managing critical global strategic sourcing and procurement projects within the Business Services spend category (>$500M annual spend). Core Competency is the demonstrated ability to carry out the primary responsibilities of the job which should be reflected in the essential Support Category Strategies as follows: · Implement strategies/projects for reducing supply cost, in collaboration with and under the direction of the Procurement lead.
Roles & Responsibilities:
- Leads strategic sourcing events including collecting, analyzing, and presenting data and recommendations to various levels of management across the organization on opportunities, risks, and where to prioritize software investments.
- Responsible for contract & price negotiations across the Marketing, HR, Print and Business Services and Applications categories.
- Thought leader with experience or interest in leading Business Services Procurement staff.
- Responsible for Category Management including but not limited to category spend analytics, multi-year strategic sourcing roadmaps, and acquiring and educating the enterprise on markets, suppliers, and trends.
- Working collaboratively with suppliers to enhance value and innovation.
- Influences and drives improvements of global policies, programs and processes.
- Leads and manages RFx (e.g. Request for Proposal, Request for Information, Request for Quote) process, including project management, development of RFx, negotiations and award process.
- Responsible for contract review, drafting and creation of various agreements, including NDAs, Master Agreements (SaaS, Software License Agreements, etc.), Service Level Agreements, Statements of Work, etc. leading and facilitating all aspects of contract negotiations across multiple Risk Control Functions (e.g. Legal, Privacy, Risk) and ongoing contract administration.
- Supports and monitors supplier adherence to contracts, manage suppliers via supplier activity reporting and business/performance reviews, support and conduct supplier scorecards, supplier rationalization and demand management opportunities.
- Manages and supports regulatory and compliance requirements (e.g. OFAC, FCPA, Spend Analysis, Client Relationships).
- Supports and helps present Procurement performance metrics and projects to senior management.
- Management of supplier fitness, including analyzing overall business and financial performance of potential and existing suppliers.
- Establish and maintain relationship with key partners, education on policy/guidelines and resolving related purchasing issues.
- Assist the sourcing, contracting, implementation and ongoing category management of various cost reduction initiatives by following the policies, procedures, guidelines and processes.
- Provide updates to, and solicit feedback from, key internal stakeholders and end-users to understand internal business requirements and gain buy-in in order to ensure compliance and management support of Strategic Sourcing
- Develop category expertise by conducting Supply Market Analysis, benchmarking and soliciting feedback from key stakeholders.
Qualifications
- Bachelor's Degree in Business, Supply Chain Management or Finance and 7 or more years experience in Sourcing or Procurement related field focused on indirect sourcing or an equivalent combination of education and work experience
- MBA or other advanced degree and a professional Procurement/ Supply Chain Management designation (e.g. CSCP, CPM) are a strong plus. In-depth knowledge of supply chain management and procurement
- Strong analytical, sourcing, negotiation, and communication skills.
- Technically adept with basic application software; proficient in MS Office Suites with advanced Excel skills
- Experience with ERP system/ Peoplesoft, and Source to Pay (Coupa)
- Demonstrated success in time management; superior project management skills, attention to detail, thorough and organized.
Desired skills:
- Strong technology procurement experience, coupled with strong Contract negotiation and communication skills.
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