Strategic Procurement Specialist
4 days ago
The Indirect Procurement Specialist will be responsible for implementing the day-to-day purchasing activities, identifying opportunities for savings, consolidation, risk, or process improvement. The ideal candidate will work with stakeholders on contracts, NDA's, MSA's, etc. and will be responsible for managing engagements, complete bid evaluations, performing any financial analysis needed to determine recommended finalists, conduct preliminary contract reviews, determining sourcing strategies and managing vendor relationships.
Key Responsibilities:
- Partner with Procurement team to identify short and long-term strategies.
- Work with stakeholders to secure goods and services.
- Secure NDA's, prepare RFIs, RFQs, and RFPs for product categories, complete bid evaluations.
- Maintain Procurement System information – SAP, Ironclad, Ariba.
- Track supplier metrics, savings, communicate supplier performance, and forecast requirements, as needed, ensuring all purchases are consistent with quality and delivery requirements.
- Update price models, as required. Analyze and deliver timely cost information. Maintain sourcing database and metrics for reporting and communicating Procurement activities.
- Negotiate with suppliers for execution of a wide variety of Supply Agreements that achieve lowest total system balancing quality and cost which are in accordance with company policies and procedures.
- Perform contract modifications. Work collaboratively with internal stakeholders and external parties to negotiate and propose changes to contracts when necessary, aiming to protect the company's interests.
- Coordinate with internal customers to implement supplier changes, as required; assist plants and internal customers on sourcing related issues.
- Ensure all purchases are consistent with TCO requirements.
- Perform tactical and other duties as assigned.
Requirements:
- Bachelor's Degree in field of business or finance.
- Minimum of 4 years of sourcing experience.
- Prefer experience in use of ERP system (SAP), Ironclad and ARIBA.
- CPSM or working towards the completion of certification.
- Understanding of standard purchasing and supply chain concepts, practices, and procedures.
- Excellent negotiation skills.
- Proficient working knowledge of Microsoft Office Suite and related digital applications (Word, Excel, Access, Outlook, Teams, Sharepoint, OneNote). Familiarity with accounting concepts, financial management and analysis.
- Ability to excel in a matrix management environment.
- Skilled in contracts and contract terms.
- Strong knowledge of procurement software, such as, SAP and Ironclad.
- Excellent verbal and written communication skills with strong customer focus.
- Excellent organizational and follow-up skills with strong attention to detail.
- Ability to adapt to a changing environment.
- The ability to learn and retain knowledge of existing and new company products.
- Strong analytical and problem-solving skills.
- Excellent time management skills.
- Strong teamwork and interpersonal skills.
- Travel Requirements: 15% domestic to suppliers when required.
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