Senior Strategic Procurement Specialist

Pay Range: $40.13hr - $45.13hr

Job Overview:

• The candidate will work in a hybrid capacity, requiring a minimum of 3 days a week in the office. The role involves leading commodity circles and managing strategic procurement activities to support the organization's business objectives.

Leadership:

• Lead the Commodity Circle in respective area of responsibility with support of cross-functional team members.

Commodity Management:

• Manage the commodities for respective area of responsibility.
• Define the Ecosystem strategy in the respective area of responsibility with cross functional counterparts and support from GCMs and in alignment with business.
• Ensure transparency on cost structures and spend in area of responsibility via Commodity Circles.
• Create and implement business specific initiatives and measures based on respective commodity strategy in alignment with Ecosystem strategy and business objectives.
• Increase Managed Spend in the area of responsibility by safeguarding awardings following the defined commodity strategy.
• Maintain competitive supply base in alignment with Ecosystem strategy and Commodity Circle.
• Execute periodic strategic procurement activities – negotiations planning, commodity strategy updates, awarding strategy and sourcing board approvals, quarterly review meetings, etc.
• Prepare, negotiate, award and make available frame contracts & price lists for strategic suppliers in accordance with business and market requirements.
• Manage the relationship with assigned strategic suppliers.
• Generate, document and implement savings measures, monitor and report relevant KPI.
• Drive early procurement / supplier involvement and cost out activities via respective Commodity Circles.
• Identify procurement risks and opportunities and implement respective measures.
• Feedback supplier market information and knowledge to stakeholders through network.
• Drive supply/supplier management processes (e.g., qualification, selection, evaluation, development, classification).

Requirements:

• Bachelor's degree in Mechanical Engineering, Business, Supply Chain Management, or a related field.
• A minimum of 6-12 years of collective experience working in Supply Chain, Purchasing, Sourcing, Engineering or similar function in machinery industries.
• Strategic thinking and analytical skills, including experience utilizing financial and data-driven techniques to make decisions.
• Strong communication and interpersonal skills, with the ability to understand main mechanical manufacturing processes and communicate basic mechanical topics with suppliers and internal cross functions.
• Know-how of procurement related processes, systems and tools, specifically SAP and Productivity Management Systems.
• Advanced skills in Microsoft Office applications, specifically Word, Excel, Outlook, and PowerPoint.
• Cost and risk management skills, including a Experienced understanding of multiple aspects of the supply chain value stream.
• Experience with supplier financial risk evaluation and management, as well as supply chain risk evaluation.
• Commodity and product knowledge, with the ability to quickly develop a comprehensive understanding of each commodity and complex sourcing strategies.
• Commercial knowledge, contract law, and Terms and Conditions (T&C) experience.
• Experience managing Long Term Contracts and negotiating complex terms and conditions.
• Negotiations and supplier relations management experience.
• Strong problem solving and results-oriented mindset.
• Ability to work effectively in a matrixed global organization.
• Ability to travel 10-15% both domestically and internationally.
• Willingness to learn and drive change in a global environment, along with the ability to influence through effective verbal and written communication skills.
• Collaborative approach to working within a team environment as a consensus builder.
• Strong organizational and time management skills.

Preferred:

• Knowledge of the Power Generation Industry.
• Data Analysis or Data Science skills.