What are the responsibilities and job description for the Purchasing Specialist position at Comerica Bank?
Purchasing Specialist
This position is responsible for supplier interactions related to setting up and maintaining purchasing catalogs, invoice processes, supplier contract research and serves as the subject specialist in procurement processes and systems.
The primary functions include working with colleagues across the enterprise that manage suppliers and coordinating the effort between suppliers and business areas to arrange for electronic invoices, including payment, tax and other required research related to reconcilement and settlement. Additionally, this position is accountable for analytics and system functionality to support our P2P systems as well as reporting and creating new business process communications and training content. Further, this position manages all new suppliers to ensure we have full-scope coverage of our supplier enablement for electronic invoice processing.
Other job functions include coordinating with suppliers for product pricing and availability, supporting special projects as required, reporting on key metrics and supporting the Corporate & Purchasing Card administration.
Position Responsibilities:
- Responsible for managing procurement processes in support of sourcing, purchasing and contract management.
- Prepare spend analytics and reporting, present data and analysis to Senior Management and responsible for tracking and reporting of spend and benefit (value/savings).
- Develop and implement process improvements, system controls and risk management.
- Run e-Procurement systems to facilitate sourcing, contracting and purchasing activities.
- Conduct market research and analyze relevant data (benchmarking, spend, contracts) to support execution of supplier/sourcing strategies.
Qualifications:
- Bachelor's Degree OR 4 years of experience
- 3 years of experience managing risk controls, business processes and policy management
- 3 years of experience in data analytics and system administration
- 3 years of experience presenting and reporting to senior management
- 1 year of experience with Microsoft Office applications
8:00am - 5:00pm Monday - Friday This position offers a hybrid work model that includes onsite and remote days as determined by the manager.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.