Procurement Specialist

Responsibilities:

• Draft and execute category strategies to achieve reduced costs, increased process efficiencies, and improve supplier performance across several categories of spend across both direct and indirect categories.
• Lead all resourcing/new sourcing projects, which include breaking down components to establish target costs, processing RFx for sourcing new domestic and international suppliers.
• Execute the strategic planning for procurement opportunities, sourcing development and evaluation process including bid or proposal solicitation completing all aspects of high value, complex RFx processes.
• Work with internal stakeholders as well as group entities to develop custom/complex contracts, identifying costs associated with risks, developing risk mitigation approaches; in particular, where a potential outsource may be involved.
• Demonstrate a deep knowledge in analysis as it relates to market assessments, the development of evaluation plans, negotiation strategies and contract risk mitigation.
• Review of contracts with a view to negotiate favorable terms and conditions, risk mitigation plan and appropriate pricing mechanisms.
• Take ownership of all data in ERP and other E sourcing and contract management tools.
• Monitoring supplier performance and oversee all supplier issues while working with internal stakeholders.

Requirements:

• College or University education in Supply Chain or Business is highly desirable but not required.
• Minimum of 3 years' experience as a strategic buyer.
• Certification as a CPSM, SCMP or CSCP.
• Demonstrated knowledge of purchasing and contracting techniques and procedures.
• Strong knowledge of internal controls and finance management.
• Excellent people management skills.
• Excellent communication and negotiation skills.
• Thorough knowledge of E sourcing software systems.
• Sound judgment and shrewd decision-making skills.
• Ability to work with little or no supervision.
• Knowledge of accounting and budgetary practices and principles.
• Able to quickly calculate discounts, interest, commissions, proportions, percentages, and volume.
• Considerable knowledge of laws, ordinances, and regulations pertaining to corporate purchasing practices.
• Strong writing skills for creating reports, correspondence, contracts, requests, bids, and other documentation.
• Knowledge of the appropriate tools for grading, analyzing, and assessing materials, equipment, supplies, services, and other commodities.
• Sound analytical thinking, planning, prioritization, and execution skills.

Competencies and Attributes:

• Strong communication skills both spoken and written are required.
• Leadership and Project management skills such as planning, educating, presenting, collaborating, and evaluating to achieve goals.
• Strong problem solving and analytical skills.
• Strong negotiation skills.
• Recognition of the importance of customer service.
• A desire and enthusiasm for excellence.
• An ethical approach to business relationships.