Vice President, Contract Optimization

3 weeks ago

Atlanta, United States PRGX Global, Inc. Full time
Job DescriptionJob Description

SUMMARY:

PRGX is seeing a dynamic leader as its Vice President, Contract Optimization with a deep expertise in procurement, sourcing, and contracting in an external client facing role. This person will lead PRGX's contract optimization practice. This position will partner with our clients to structure sourcing processes that satisfy business requirements of reducing overall risk and cost, driving increased value, while maintaining quality.

JOB DUTIES & RESPONSIBILITIES:

· Understand client needs and develop category assessments with the goal of identifying cost savings opportunities for our clients.

· Using client-specific data and market insights, recommend opportunities for improvements to our clients.

· Work collaboratively with suppliers and clients to identify and implement cost and performance improvement opportunities.

· Implement category strategies at varying spend levels, complexity, and strategic importance to our clients to optimize business efficiency and drive maximum value.

· Maintain deep understanding of global supply markets, product innovations, and suppliers.

· Lead multiple projects that deliver value through optimizing contractual terms.

· Create frameworks, tools, systems, and methodologies that are effective and scalable and that result in the delivery of value to our clients.

· Partner with internal stakeholders to identify, propose, and close new projects with clients.

· Establish best practice benchmarks using data from valid internal and/or external sources and leverage these benchmarks to provide value to our clients.

· Leverage data to provide analysis and insights that are valuable to our clients.

· Lead team of subject matter experts.

WORK EXPERIENCE AND EDUCATION REQUIREMENTS:

· Bachelor’s degree.

· Minimum of 15 years' experience in a procurement role delivering to external clients.

· Preference given to candidates with experience building and leading a practice.

· Experience working with or serving Fortune 500 companies.

· Proven track record of collaborating with internal and external stakeholders to identify and implement cost reductions.

· Proven track record of utilizing technology (preferably artificial intelligence) to drive efficiency, repeatability and scalability in processes.

· Data driven individual with an attention to detail.

· Ability to effectively communicate verbally and in writing with stakeholders at all levels.

· Ability to leverage expertise across client organizations to drive value.

· Natural sense of urgency.

Track record of building high performing teams and delivering exceptional value to clients.

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