About the position
Responsible for driving the procurement sourcing strategies, managing the bid process, and negotiating the purchase of materials, equipment, and services for medium to high dollar/complexity requirements. This position supports the company’s strategic direction and assists with building an organization that will expertly execute procurement processes. Serves as a role model, technical expert, and coach for colleagues with less experience.
Responsibilities
• Collaborates with colleagues to drive cross-functional teams through all stages of the sourcing process: supplier evaluation, supplier negotiation and contract implementation.
• Assists in identifying and implementing best practices in all procurement processes.
• Provides expertise and advice on strategic approaches to business partners and colleagues in support of adherence to all procurement policies and procedures and to ensure overall compliance.
• Seeks to improve capabilities of the supply base and/or key business processes; implements value-added best practices in sourcing and contract management.
• Promotes strategic and operational functions such as volume aggregation/ standardization and supplier base optimization.
• Conducts Request for Proposal (RFPs), negotiates, and executes high complexity contracts; and supports internal business partners and suppliers on assigned procurement activities.
• Coordinates with end users and suppliers to provide high-level oversight and resolve issues in a timely manner.
• Leads complex sourcing projects effectively, utilizing novel and strategic approaches to author, negotiate, and execute agreements that mitigate risk and drive value for the company.
• Proactively seeks opportunities to obtain negotiated and cost savings through strategic negotiations and engaging in discussions with suppliers on value-added approaches.
• Has a full understanding of contracting practices and General Terms and Conditions (GTC).
• Establishes and monitors contract and supplier performance including Key Performance Indicators (KPIs) for medium complexity categories; and reviews with business groups and uses the data to improve future performance and strategy development.
• Produces and analyzes Supplier Relationship Management (SRM) scorecards.
• Routinely evaluates supplier agreements for significant contributions to supply chain sustainability.
• Completes thorough market analysis and works with the Supplier Engagement Specialist to identify viable businesses for all sourcing opportunities.
• Updates, processes, and accurately approves procurement records as directed, identifies issues with the data and works with business partners to develop their understanding.
• Builds supportive internal and external relationships within Procurement and across functions.
• Consistently communicates effectively with various business groups and strategically lays out the information in a way that engages them and influences their position.
• Frequently collaborates with business partners in their environment & utilizes the business knowledge to leverage positive procurement outcomes.
• Fully utilizes tools and resources available.
• Has a deep understanding of systems and processes and uses knowledge and experience to add value and drive change.
• Known as a go-to subject matter expert (SME) both within procurement and with business partners.
Requirements
• Requires advanced sourcing and procurement best practice process knowledge, purchasing knowledge, including expertise in the category area and full understanding of purchasing and inventory systems.
• Strong understanding of contract language terms and conditions.
• Solid understanding of business/ financial principles.
• Strong analytical, problem solving, decision making, and influencing skills.
• Effective negotiation skills.
• Strong communication and interpersonal skills as well as the ability to present to different organizational levels.
• Demonstrated project management and leadership skills, including the ability to manage conflict and encourage collaboration.
• Advanced MS Office skills (Word, Excel, PowerPoint).
• Bachelor’s Degree or equivalent experience
• Minimum of five (5) years related experience.
• Demonstrated strategic sourcing / procurement experience to include purchasing, negotiating/drafting contracts, contract management, supplier development and supplier qualification/certification.
• Prior experience with commodity and supplier relationship management.
Nice-to-haves
• Certified Purchasing Manager (C.P.M.), Six Sigma, Lean, Process or Project Mgmt. Certifications desirable
Benefits
• Competitive total rewards program
• Salary is commensurate with your experience.
• This position is eligible for a potential incentive.
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