Procurement Specialist

Posted 2 Days Ago
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Irving, TX, USA
In-Office
Senior level
Energy
The Role
Leads sourcing events and procurement activities for fossil operations, including spend and market analysis, supplier evaluation, negotiations, contract drafting and management, purchase orders, invoice exception resolution, and supplier performance reviews. Partners with stakeholders to develop sourcing strategies, achieve measurable savings, maintain procurement data, manage contract renewals, and support supplier diversity initiatives.
Summary Generated by Built In

If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader, take a look at the exciting employment opportunities that are currently available and apply online.

Job Summary

The Procurement Specialist is responsible for driving savings and implementing contractual protections for the company. Tasks include leading sourcing events as well as facilitating the contracting and procurement processes. A solid knowledge of all aspects of the sourcing, contracting and procurement processes is required. The position is expected to work with key internal and external stakeholders to gather requirements, conduct spend analyses, perform market and supplier analysis, facilitate the bid/proposal process, develop and use supplier evaluation criteria, conduct negotiations, formulate purchase orders and contract documents, manage invoicing exceptions, and manage supplier performance including issue resolution. This position will also coordinate with internal customers to create sourcing strategies that deliver quantifiable savings.

Job Description

Key Accountabilities

Sourcing
Lead multiple sourcing events across categories under Luminant Fossil Operations
Analyze spend and develop cost savings estimates
Work with key stakeholders and Sourcing Managers to gather business and technical requirements (scope of work)
Conduct market analysis to profile the commodity based on business value and buyer influence
Contracting & Procurement
Conduct supplier negotiations, including negotiating commercial and legal terms.
Draft, implement and manage contract expirations, renewals, amendments, terminations, etc
Supplier Relationship Management
Develop and manage Suppliers capable of meeting safety, quality, cost, timing and technology expectations.
Communication with internal stakeholders regarding their needs for materials and service, their perspective on supplier performance, etc.
Conduct regular business reviews with Suppliers to address any performance improvement plans, savings opportunities, innovation, market trends, etc.
Supplier Diversity
Support and promote Vistra’s supplier diversity program

Education, Experience & Skill Requirements

5+ years managing large sourcing events and negotiating commercial & legal terms
Demonstrated problem-solving and strong analytical skills – able to construct/execute multiple analyses (e.g. TCO, NPV; cost-price analyses) simultaneously
§Proficient with Microsoft Word, Excel, PowerPoint,
§Certifications – CPM or CPSM preferred
High school diploma or equivalent
Experience gained through college degree programs and/or certifications is applicable to above skills

Key Metrics

Responsible for the timely and efficient procurement of equipment, materials, supplies and services for categories managed within Luminant Fossil Operations.
Accountable for the creation of real value, including price savings, supplier productivity, and potential revenue generation through sourcing events and negotiations.
Lead cross functional teams in supplier sourcing actions and communicate with key stakeholders
Maintain accurate data in contracting and purchasing systems
Manage contract expirations and renewals

Job Family

Supply Chain

Company

Vistra Nuclear Operations Company

Locations

Irving, Texas

Texas
We are a company of people committed to:  Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication.  If this describes you, then apply today!

If you currently work for Vistra or its subsidiaries, please apply via the internal career site.

It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws.

 

If you are an individual with a disability and need assistance submitting an application or would like to request an accommodation, please email us at [email protected] to make a request.

Skills Required

  • 5+ years managing large sourcing events and negotiating commercial and legal terms
  • Strong problem-solving and analytical skills, including the ability to perform TCO, NPV, and cost-price analyses
  • Proficiency with Microsoft Word, Excel, and PowerPoint
  • High school diploma or equivalent
  • CPM or CPSM certification
  • Experience gained through college degree programs and/or certifications applicable to the required skills
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The Company
HQ: Causeway Bay
1,186 Employees

What We Do

Vistra is a premier, integrated, Fortune 300 energy company based in Irving, Texas, providing essential resources for customers, commerce, and communities. Vistra combines an innovative, customer-centric approach to retail with safe, reliable, diverse, and efficient power generation. The company brings its products and services to market in 20 states and the District of Columbia, including six of the seven competitive power markets in the U.S. and markets in Canada and Japan, as well.

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