Senior Procurement Specialist

Roles Responsibilities

• Develop and execute sourcing strategies aligned with organizational goals and objectives, focusing on cost reduction, risk mitigation, and supplier diversification.
• Identify sourcing opportunities, conduct market research, and analyze supplier capabilities to inform strategic decision-making.
• Collaborate with cross-functional teams to understand business requirements and develop sourcing plans to meet their needs.
• Supplier Identification and Evaluation:
  Identify potential suppliers, evaluate their capabilities, and conduct supplier assessments to ensure alignment with quality, cost, and delivery requirements.
• Manage supplier selection processes, including RFx (Request for Proposal/Quote/Information) preparation, supplier negotiations, and contract finalization.
  Contract Management and Negotiation:
• Lead contract negotiations with suppliers to secure favorable terms, pricing, and service levels while minimizing risk exposure.
• Draft, review, and finalize contracts and agreements, ensuring compliance with organizational policies and legal requirements.
• Monitor contract performance and enforce contractual obligations, working closely with legal and compliance teams as needed.
• Supplier Relationship Management:
  Cultivate and maintain strong relationships with key suppliers, fostering collaboration, transparency, and mutual value creation.
  Conduct regular supplier performance reviews, address any issues or concerns, and implement improvement plans as necessary.
• Drive continuous improvement initiatives with suppliers to enhance quality, reduce lead times, and optimize total cost of ownership.
• Data Analysis and Reporting:
  Utilize data analytics tools and techniques to analyze spend data, track supplier performance metrics, and identify opportunities for cost savings and process improvement.
• Prepare regular reports and dashboards to communicate sourcing KPIs, performance trends, and actionable insights to stakeholders.

Qualifications Educational Requirements

• Advanced Excel Skills
• Data Analytics
• Services + HR Category Sourcing

Preferred Skills

• 5+ years of Professional Services and HR negotiations
• Category Management
• Source to Pay process