Contract Manager

2 days ago

Tyler, Texas, United States Jobs - PTS Advance Full time
Job Summary

We are seeking a highly skilled Contract Manager to join our team at PTS Advance. As a key member of our procurement team, you will be responsible for executing strategic and tactical sourcing processes, managing contracting activity, and developing and implementing clear and concise supply contracts.

Key Responsibilities
  • Execute strategic and tactical sourcing processes, incorporating local market intelligence and conducting sourcing events, bid evaluations, commercial negotiations, supplier selection, and contract award and execution.
  • Manage contracting activity for a portfolio of spend categories to optimize the supply base and deliver financial benefit from supply chain improvements and strategic initiatives.
  • Conduct contract negotiations and redlines for all new agreements, contract expirations, and renewals, ensuring accuracy and completeness of the contract development and execution process.
  • Develop and implement clear and concise supply contracts, aligned with contract templates and considering all legal and commercial dimensions, including remuneration mechanisms, key risks, and exit strategies.
  • Review contract performance and ensure compliance with contract pricing, terms, and conditions and service levels; assist with Supplier Performance Management to minimize contract value leakage and ensure contract compliance.
  • Ensure appropriate contract files and managed and maintained in accordance with the Contract Administration process, document retention policy, and audit activity.
  • Ensure stakeholders understand all key terms and conditions of an agreement, including business risk, commercial implications, and commitments made, prior to contract execution; outline any deviations to the clients' standard templates, including Terms and Conditions.
  • Build credibility with internal and external stakeholders to ensure adoption of center-led sourcing and procurement initiatives; ensure collaborative interaction to understand operational needs, while providing effective and efficient support to the overall business.
  • Track and maintain measurable performance metrics for the site contracting and sourcing activities, including spend under management, compliance to category strategies, internal order placement performance, and Value Creation.
  • Enable compliance with standardized contracting and procurement practices and procedures for all key areas within the Supply Chain Function, including contracting strategy, sourcing, contract templates, supply risk management, contractor management, and procure-to-pay process.
  • Serve as a peer mentor for the team, providing guidance and instruction to less experienced team members.
  • Provide guidance to less experienced Specialists on complex/escalated issues.
Requirements
  • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, Materials Management, or a related field.
  • 5 years of Procurement, Contract Administration, or related experience.
  • 2 years of RFx experience.

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