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Procurement Specialist
4 weeks ago
Samsung SDS America is looking for a detail-oriented Procurement Specialist to join our team.
As a procurement specialist, you play a pivotal role in optimizing IT outsourcing and service management efficiency, and driving cost savings. By collaborating closely with cross-functional teams, you’ll play a pivotal role in sourcing the best suppliers, negotiating favorable contracts, and ensuring the smooth flow of services, ultimately driving the success of our projects.
At Samsung SDS America you will have access to extensive learning resources, mentorship programs, and career advancement opportunities, allowing you to continuously expand your skills. As a part of the Procurement Team you will be working alongside the top-notch teams who are driving innovation and developing cutting-edge products with global impact.
The ideal candidate for this role has passion for technology, understanding of procurement processes and outsourcing management, as well as meticulous attention to details and exceptional communication skills.
The procurement team works a hybrid schedule (3 days office/2 days remote) at our regional headquarters in Ridgefield Park, NJ.
Samsung SDS is the digital arm of the Samsung group and a global provider of cloud and digital transformation innovations. Samsung SDS delivers enterprise-grade solutions and services in cloud, secure mobility, analytics / AI, digital marketing and digital workspace.
We enable our customers in government, financial services, healthcare, and other industries to drive business in a hyper-connected economy helping them to increase productivity, safeguard assets, and make smarter decisions.
Responsibilities:
Develop and implement outsourcing processes such as negotiating price, contract renewals, and cost savings
Identify and evaluate potential vendors and service providers
Manage strong relationships with vendors to ensure competitive pricing and quality
Guide established company onboarding procedures for outsourcing openings and communicate regarding required skill sets and conditions
Act as a key administrator of the procurement system, monitoring and ensuring compliance with all aspects of the terms of a contract
Monitor and evaluate vendor performance
Perform resume and quote pre-screening and resolve pricing and condition conflicts with vendors as required
Arrange interviews and interface with stakeholders to obtain procurement decisions from feedback on interviews and candidate status
Work closely with the legal team to ensure contract execution and review
Maintain documentation and records related to outsourcing activities
Review invoices and timesheets and prepare monthly closing
Perform other outsourcing duties as assigned or needed
Maintain quote comparison with financial simulation and report the data for management’s final vendor selection
Identify and implement cost-saving initiatives to optimize procurement
Maintain comprehensive data of contracts, including key details such as renewal dates, payment terms, and performance metrics
Bachelor’s degree from an accredited college or university
3+ years of experience in procurement, outsourcing management, and IT service business development-related roles
Proficient with Outlook, Microsoft Office applications – PowerPoint, Word, and Excel for handling cost analysis
Strong time management skills with the ability to manage workload and prioritize tasks
Strong analytical and negotiation skills
Excellent communication and interpersonal skills
Preferred:
Familiar with SAP
Samsung SDSA offers a comprehensive suite of programs to support our employees:
Top-notch medical, dental, vision and prescription coverage
Wellness program
Parental leave
401K match and savings plan
Flexible spending accounts
Life insurance
Paid Holidays
Paid Time off
Additional benefits
Samsung SDS America, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, status as a protected veteran, marital status, genetic information, medical condition, or any other characteristic protected by law.
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