Procurement Specialist

Job Title: Procurement Specialist

Location: Charlotte, NC/ Hybrid Working Min. 3 days a week in office

Pay rate: $48/hr.W2

Duration: 12 Months

Shift timings: 08:00AM-05:00PM

Job Description:

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 awarding 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 (in alignment with GCM)
• Manage the relationship with assigned strategic suppliers (in alignment with GCM)
• 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)

• BA/BS- in Mechanical Engineering, Business, Supply Chain Management, or 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:
• Experience utilizing financial and data-driven techniques to make decisions.
• Strong Communication & interpersonal skills:
• Understand main mechanical manufacturing processes and be able to communicate basic mechanical topics with supplier and internal cross functions.
• Know-how of procurement related processes, systems and tools:
• Familiar with SAP and Productivity Management System.
• Advanced skills in Microsoft Office applications, specifically Word, Excel, Outlook, and PowerPoint.
• Cost & risk management skills:
• Mature understanding of multiple aspects of supply chain value stream.
• Supplier financial risk evaluation & management.
• Supply Chain Risk evaluation & management.

Commodity & product knowledge:

• Individual must be able to quickly develop comprehensive understanding of each commodity, and subsequentially complex sourcing strategies.
• Commercial knowledge, contract law, and T&C.
• Experience managing Long Term Contracts and negotiating complex terms and conditions.
• Negotiations and supplier relations management experience
• Good problem solving, results oriented
• Ability to work effectively in a matrixed global organization
• Must be able to travel 10-15% both domestically and internationally.
• Must be willing to learn and drive a change in a global environment, along with ability to influence through effective verbal and written communication skills.
• Collaborative approach to working within a team environment; a consensus builder
• Strong organizational and time management skills

Preferred:

• Knowledge of Power Generation Industry
• Data Analysis/Science skills