Commodity Purchasing Specialist III

2 months ago

West Greenwich, United States IGT Full time

IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.

Join the WINNING TEAM at IGT Global

The Commodity Purchasing Specialist III will manage strategic procurement activities across IGT's Lottery business, delivering year-over-year improvements of essential procurement KPIs. This position will interface with senior levels of the company, leading cross-departmental strategic procurement initiatives and championing change to ensure procurement continues to deliver best-in-class strategic sourcing services to the company. The Commodity Purchasing Specialist will be responsible for critical strategic sourcing of both products and services, this role owns the development of initial commodity strategy and maintains the implemented strategy on an ongoing basis.

With a proactive approach to inventory control and lead time reduction, this role will ensure minimal service level disruptions and reinforces our competitiveness. Urgency is the driving force behind this position, and ensuring transition continuity is of utmost importance. Acting as the bridge between legacy systems and new processes, this resource ensures a smooth transition that doesn't jeopardize our operations.

  • Build commodity sourcing strategies that aligns to overall IGT strategy.
  • Oversee commodity strategy implementation activities to deliver the expected business value.
  • Provide Commodity specific subject matter expertise and insights to internal clients and regular status updates of all projects to leadership.
  • Leverage current and future business requirements, market intelligence, and historical spend to develop innovative Commodity strategies that drive cost reduction, enterprise consistency, and business value.
  • Collaborative planning and partnership with tactical procurement.
  • Adhere to Commodity & Procurement metrics and savings targets, monitor performance, and communicate these to stakeholders.
  • Create a Commodity specific initiative plan that will forecast and direct procurement projects and sourcing activities.
  • Maintain expertise in various Commodities through relationships with sourcing teams, business units, suppliers, market experts, and global/regional liaisons. Know and apply value chain and value stream concepts.
  • Identify business opportunities and provide Commodity related insights and recommendations through published commodity plans and sourcing.
  • Accountable for driving communication and reporting progress and benefits.
  • Work with internal risk and compliance groups to ensure Commodity strategies account for relevant laws, regulations, and risk policies.
  • Act as change agent and advocate for procurement as a value-added function
Qualifications
  • 3 - 7 years of category management, procurement, or purchasing experience
  • Bachelor's Degree / MBA / Technical degree preferred
  • CPM or CPSM preferred
  • Innovative Thinking: Proven ability to connect ideas, events, and circumstances to find Commodity management solutions to business problems or goals
  • Applies flexible approach(es) to achieving Commodity management results in dynamic situations
  • Skilled in change adoption, change management, and resource assessment
  • Energetic and self-motivated
  • Collaborative in ideas and approach in sourcing and working successfully as part of a team.
  • Experience influencing others to voluntarily adopt Commodity Management practices
  • Strong analytical and financial skills
  • Strong verbal and written communication
  • Proficiency in Microsoft Word, Power Point, Project, and Excel
Keys to Success
  • Building collaborative relationships
  • Decision making
  • Drive results
  • Foster innovation
  • Personal energy
  • Self-leadership

#LI-NP1

IGT is committed to sustaining a workforce that reflects the diversity of the global customers and communities we serve, creating a fair and inclusive culture that enables all our employees to feel valued, respected and engaged. IGT is an equal opportunity employer. We provide equal opportunities without regard to sex, race, color, religion, age, national origin or ancestry, disability, veteran status, sexual orientation, genetic information, gender identity or expression, and any other personal attributes protected by federal, state, or other laws. We thank all applicants for applying; however, only those selected to interview will be contacted.

At IGT, we consider a wide range of factors in determining compensation, including background, skills, experience, and work location. These factors can cause your compensation to vary. The estimated starting compensation range is $59,795/yr - $122,400/yr. The actual pay offered may end up being higher or lower. The Company will comply with all local pay requirements and collective bargaining agreements, where applicable.

Base pay is only one part of our Total Rewards program. Sales roles may be eligible for commission payments, while other roles are eligible for discretionary bonuses . In addition, we offer employees a 401(k) Savings Plan with Company contributions, health, dental, and vision insurance, life, accident, and disability insurance, tuition reimbursement, paid time off, wellness programs, and identity theft insurance. Note: programs are subject to eligibility requirements.

IGT (NYSE: IGT) is the global leader in gaming. For more information, please visit www.igt.com.

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