Procurement Specialist

Trident Consulting is seeking a "Procurement Specialist” for one of our client in “Rosemead, CA". A global leader in business and technology services.

Title: Procurement Specialist

Location: Rosemead, CA

Duration: 12 Months

Hybrid onsite Mon & Tue and as needed

Rate: $35.00 – $40/hr on w2 (Inclusive all)

Description:

• Bachelor's Degree in Business Administration, Finance, or related field or an equivalent combination of education, training, and experience. Typically possesses five or more years of experience in negotiating and purchasing.
• The successful candidate must have a thorough knowledge and demonstrated ability to apply principles of financial analysis, activity based costing and supply chain methodology.
• Demonstrated ability to establish and maintain positive working relationships with customers and suppliers and gather client requirements and negotiate their support requirements.
• Assist in negotiating pricing, contract terms and conditions; prepare contractual documents and binding agreements; Integrate program, customer, product and in-service strategies into source selection, negotiation and contract strategies;
• Assist in the development of procurement solutions to best support customer requirements consistent with program and company goals and objectives; Support senior level Procurement Agents with project management activities; develop and deploy supplier strategies and plans;
• Assist in creation of production control improvement plans and hardware development from engineering definition through certification, tooling development, first article development and buyoff; Develop understanding of supplier capacity and ensure ongoing production readiness and health and the ability to meet rate delivery requirements throughout the supply chain - includes monitoring and management of sub-tier supplier readiness and performance.
• Positions require frequent engagement with multiple organizational leaders.

Additional responsibilities:

• Contribute to the improvement of existing processes and implementation of cost reduction initiatives;
• Conduct root cause analysis; Develop mitigation plans for risks and monitor to closure;
• Participate in supplier risk assessments; Conduct supplier performance reviews and cross-functional improvement teams;
• Develop and maintain relationships with internal and external stakeholders and suppliers; Employ project management tools to analyze and manage supplier performance, including technical, quality, cost and schedule.
• Negotiates favorable terms, volume discounts and long-term contracts with suppliers and prepares and processes requisitions and purchase orders for the procurement of technical equipment, custom engineered products, systems, software or components
• Acquires and maintains understanding of technology trends, market forces, cost trends and supplier technology road maps
• Reviews purchase order claims and contracts for conformance to organization policy and discusses defects and delivery problems with suppliers and negotiates refunds

Scope/Focus

• Applies mastery of in-depth knowledge in one job family or broader expertise in most areas of a job function. May act as a project manager for one or more short to mid-term projects with responsibilities for results in terms of costs, methods, and outcomes.
• Applies extensive technical expertise and has full knowledge of other related disciplines. Challenges are atypical and require the regular use of ingenuity, creativity and resourcefulness Accountability
• Contributes to defining the direction for new processes, standards or operational plans based on business strategy with an impact on work group results.
• Directs involvement in tasks necessary for project execution. Identifies problems and solutions. Collaborates to establish project objectives, timelines, risks, milestones, deliverables and budgets.Working Relationships
• Determines methods and procedures on new assignments and may coordinate activities of other team members. Exercises considerable latitude in determining deliverables. Completed work is reviewed for achievement of desired results.
• As a project manager, resolves issues and ensures task completion by establishing priorities and resolving conflicts with team members.Decision Making/ Impact
• Exercises judgment and discretion to advise and recommend courses of action, which have a moderate Corporate impact or moderate to major departmental or business unit impact. Authority to negotiate to resolve differences. May make independent decisions when recommending appropriate scope and strategies.
• Guides the successful completion of major programs, projects and objectives and may function in a project leadership role. Erroneous decisions or recommendations would typically result in failure to achieve major program/project objectives.

Responsibilities

• Reviews and negotiates company-wide commercial agreements for various scopes of work
• Identifies, drives, and implements suitable procurement approaches to deliver lowest total cost and cost savings strategies across the organization
• Negotiates contracts and reviews opportunities to reduce costs using negotiation and procurement best practice tools and methods
• Understands and applies business tools (financial, logistical, commercial, risk, cost analysis, etc.) to attain desired results
• Identifies and executes purchasing opportunities through internal stakeholder collaboration and external market research
• Ensures that corporate procurement policy and procedure is being followed
• Develops and establishes category management in accordance with the overall best practices, procurement strategy, processes and procedures and ensures category management delivers against targets and objectives
• Develop skills and knowledge to become subject matter expert in managed spend categories
• Identifies and implements continuous improvement opportunities, assessing current and future business processes for best work practice, as well as innovative procurement solutions that provide cost savings and process efficiencies for the organization
• Establishes strong business relationships with key business partners and clients across Operating Units and external organizations
• A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private

Required Skills/Attributes

• Reviews and negotiates company-wide commercial agreements for various scopes of work
• Identifies, drives, and implements suitable procurement approaches to deliver lowest total cost and cost savings strategies across the organization
• Negotiates contracts and reviews opportunities to reduce costs using negotiation and procurement best practice tools and methods
• Understands and applies business tools (financial, logistical, commercial, risk, cost analysis, etc.) to attain desired results
• Identifies and executes purchasing opportunities through internal stakeholder collaboration and external market research
• Ensures that corporate procurement policy and procedure is being followed
• Develops and establishes category management in accordance with the overall best practices, procurement strategy, processes and procedures and ensures category management delivers against targets and objectives
• Develop skills and knowledge to become subject matter expert in managed spend categories

Desired Skills/Attributes

• Minimum of five years of experience supporting telecom, wireless and/or carrier services categories
• Strong knowledge contracting and negotiating agreements for networking services.