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Procurement Specialist
1 month ago
- Responsible for developing contract negotiations strategies and performing contract negotiations for services and IT software.
- Prepare contractual provisions and administer contract proposals.
- Negotiate commercial contracts with vendors.
- Issue purchase orders to vendors.
- Focus on continuous improvement in vendor and client relations.
- Evaluate requests and requirements, identify risks, develop negotiation strategies, facilitate, and negotiate contracts with vendors, and issue purchase orders.
- Develop negotiation strategies, conduct negotiations, and manage master contracts. Negotiate Statement of Work (SOW), Amendments, Master Service Contracts and Supplier Paper.
- Negotiate regulatory and compliance related contractual agreements (BAAs, government services, etc.).
- 5 + years IT contract negotiation experience
- 5+ years contract negotiation for services
- Negotiate contract and pricing, finalize, and execute agreements, issue purchase orders.
- Ensure product or service descriptions are compliant (PHI, PII, BAA).
- Develop service level agreements for key customers and suppliers. Ensure compliance with customer SLA and that pricing is consistent with sourced pricing.
- Develop reporting and metrics.
- Partner with the business, Office of General Counsel (OGC), Insurance, Audit and Procurement in terms of formulating a negotiation strategy for contractual agreement.
- Collaborate with Business Development, Procurement Consultants and Specialists relative to a contracting and negotiation strategy.
- Develop negotiation strategies and assemble fact-based cases for use with suppliers
- Intermediate Microsoft Office Suite skills required - Intermediate Written Communications and Oral Communication skill level required - Intermediate Effectiveness Measurement skills required
- Skills required Proficient in procurement systems and current industry standard PC applications and systems.
- Thrive in an interdependent, team environment.
- Should exhibit exemplary behaviors in Drive Execution, Communicate, Build Partnership and an emphasis on own it and Reach Out
- Bachelor's Degree preferred in Business Administration, Supply Chain Management or related field. A Juris Doctorate is helpful, therefore preferred.
- Four (4) years contract negotiating experience required with two (2) years' experience negotiating business contractual terms, strategy planning and analysis and review of existing contractual agreements preferred.
- Two (2) years' experience with business contractual terms required; legal contractual terms preferred.
- Two (2) years negotiation strategy planning and analysis and review of existing contractual agreements preferred - Certified Purchasing Manager (C.P.M.) certification preferred.
- Institute of Supply Management (I.S.M.) affiliation preferred.
