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Procurement Specialist
SPECTRAFORCE Chicago, IL
Apply
$80k-102k (estimate)
Full Time 1 Week Ago
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SPECTRAFORCE is Hiring a Procurement Specialist Near Chicago, IL

Title: Procurement Specialist

Location: Chicago IL 60604 (Hybrid 3 days/week onsite)

Duration: 6 months Assignment

Shift/Hours: 40hours/week, M to F 8:30 am to 5 pm

Summary:

Responsible for leading and managing critical global strategic sourcing and procurement projects within the Business Services spend category (>$500M annual spend). Core Competency is the demonstrated ability to carry out the primary responsibilities of the job which should be reflected in the essential Support Category Strategies as follows: · Implement strategies/projects for reducing supply cost, in collaboration with and under the direction of the Procurement lead.

Roles & Responsibilities:

  • Leads strategic sourcing events including collecting, analyzing, and presenting data and recommendations to various levels of management across the organization on opportunities, risks, and where to prioritize software investments.
  • Responsible for contract & price negotiations across the Marketing, HR, Print and Business Services and Applications categories.
  • Thought leader with experience or interest in leading Business Services Procurement staff.
  • Responsible for Category Management including but not limited to category spend analytics, multi-year strategic sourcing roadmaps, and acquiring and educating the enterprise on markets, suppliers, and trends.
  • Working collaboratively with suppliers to enhance value and innovation.
  • Influences and drives improvements of global policies, programs and processes.
  • Leads and manages RFx (e.g. Request for Proposal, Request for Information, Request for Quote) process, including project management, development of RFx, negotiations and award process.
  • Responsible for contract review, drafting and creation of various agreements, including NDAs, Master Agreements (SaaS, Software License Agreements, etc.), Service Level Agreements, Statements of Work, etc. leading and facilitating all aspects of contract negotiations across multiple Risk Control Functions (e.g. Legal, Privacy, Risk) and ongoing contract administration.
  • Supports and monitors supplier adherence to contracts, manage suppliers via supplier activity reporting and business/performance reviews, support and conduct supplier scorecards, supplier rationalization and demand management opportunities.
  • Manages and supports regulatory and compliance requirements (e.g. OFAC, FCPA, Spend Analysis, Client Relationships).
  • Supports and helps present Procurement performance metrics and projects to senior management.
  • Management of supplier fitness, including analyzing overall business and financial performance of potential and existing suppliers.
  • Establish and maintain relationship with key partners, education on policy/guidelines and resolving related purchasing issues.
  • Assist the sourcing, contracting, implementation and ongoing category management of various cost reduction initiatives by following the policies, procedures, guidelines and processes.
  • Provide updates to, and solicit feedback from, key internal stakeholders and end-users to understand internal business requirements and gain buy-in in order to ensure compliance and management support of Strategic Sourcing
  • Develop category expertise by conducting Supply Market Analysis, benchmarking and soliciting feedback from key stakeholders.

Qualifications

  • Bachelor's Degree in Business, Supply Chain Management or Finance and 7 or more years experience in Sourcing or Procurement related field focused on indirect sourcing or an equivalent combination of education and work experience
  • MBA or other advanced degree and a professional Procurement/ Supply Chain Management designation (e.g. CSCP, CPM) are a strong plus. In-depth knowledge of supply chain management and procurement
  • Strong analytical, sourcing, negotiation, and communication skills.
  • Technically adept with basic application software; proficient in MS Office Suites with advanced Excel skills
  • Experience with ERP system/ Peoplesoft, and Source to Pay (Coupa)
  • Demonstrated success in time management; superior project management skills, attention to detail, thorough and organized.

Desired skills:

  • Strong technology procurement experience, coupled with strong Contract negotiation and communication skills.

Job Summary

JOB TYPE

Full Time

SALARY

$80k-102k (estimate)

POST DATE

05/01/2024

EXPIRATION DATE

05/20/2024

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SPECTRAFORCE
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The following is the career advancement route for Procurement Specialist positions, which can be used as a reference in future career path planning. As a Procurement Specialist, it can be promoted into senior positions as a Buyer IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Procurement Specialist. You can explore the career advancement for a Procurement Specialist below and select your interested title to get hiring information.

Advocate Aurora Health
Full Time
$76k-97k (estimate)
7 Months Ago
AECOM
Full Time
$88k-112k (estimate)
3 Weeks Ago

If you are interested in becoming a Procurement Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Procurement Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Procurement Specialist job description and responsibilities

A Procurement Specialist will have many duties, but they typically focus on locating suppliers, negotiating prices, and ensuring that all products and services purchased meet the organization’s specifications.

03/13/2022: Wichita, KS

Procurement specialist also receives the shipment, then records the delivery, and ensures the fulfillment of the order.

03/17/2022: Ogden, UT

Once the terms are settled, the procurement specialist prepares a contract to ensure stability and security at both ends.

02/20/2022: Milwaukee, WI

Procurement Specialists are often responsible for overseeing or executing some or all of the following tasks.

02/18/2022: Vallejo, CA

They make profitable strategies for companies and are effective negotiators with an analytical approach, they also look to save a client money while ensuring quality goods are supplied that meet the client's needs.

04/07/2022: Wichita Falls, TX

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Procurement Specialist jobs

Should be skilled enough to take a holistic approach to manage the risks.

03/05/2022: Fort Lauderdale, FL

The procurement specialist thus should have the skills to create patterns that establish and enhances the stability of a business.

03/19/2022: Tulsa, OK

Companies who hire procurement specialists want professionals with negotiation experience and communication expertise.

02/17/2022: Parkersburg, WV

Procurement specialists should have outstanding communication and negotiating skills.

04/13/2022: Richmond, VA

Ultimately, an outstanding procurement specialist should have excellent communication and negotiation skills, be an analytical thinker, and demonstrate a good working knowledge of purchasing strategies.

03/03/2022: Lansing, MI

Step 3: View the best colleges and universities for Procurement Specialist.

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