Procurement Associate Manager - Contract - TalentBurst, Inc.
Piscataway, NJ
About the Job
Procurement Associate Manager
6 Months+
Piscataway , NJ
6 Months+
Piscataway , NJ
Hours: | (Hybrid) flexible may be required to work 3 days in office.
8AM to 5PM (start time is flexible as long as the individual is working their 8 hours a day) |
Duration: | 6 months from start date |
Job Description:
- Responsible for managing and optimizing the procurement for Energy and Capital for NA conducting detailed spend, cost and market analysis and a structured approach to tendering and negotiating with suppliers.
- Develop and maintain vendor relationships including tracking and analysis of vendor spend and performance.
- While keeping an elevated engagement and alignment with our internal stakeholders and external partners to address the top business priorities, optimize the supply of these services and address cost reduction opportunities.
JOB EXPECTATIONS & KEY RESPONSIBILITIES
- Developing and implementing a comprehensive procurement strategy for Capital and Energy aligned with the organization's goals.
- Apply spend analytics best practices and do frequent deep dives in the assigned categories.
- Update annual Supplier Segmentation in the category and risk management
- Monitor energy costs and identify opportunities for cost savings or optimization. The Senior Specialist will work closely with finance, plant leaders and sustainability organizations to develop budgets, track expenses, and report on energy procurement performance.
- Follow the Global Procurement governance in all projects, CRMC (Contract Risk Management Committee) approvals, eSourcing tools, Supplier Code of Conduct sign off, etc.
- Support to evaluate and recommend technologies or practices based on the business priorities. Follow Stakeholder engagement best practices to better understand the business needs and align on resources and priorities.
- Identify and evaluate new suppliers, negotiate contracts, and manage relationships with key vendors. They will ensure compliance with contractual terms, monitor supplier performance, and resolve any issues
- Collaborate with internal stakeholders to identify opportunities for efficiency improvements and sustainability initiatives as well as on new Capital Investment.
- Engage senior leaders in the Division as well as with Global and Division Engineering to present project status, market update and escalate issues when needed.
- Collaborate with internal stakeholders to identify opportunities for efficiency improvements and sustainability initiatives. Support to evaluate and recommend technologies or practices based on the business priorities.
- Stay updated with industry developments and best practices to effectively manage the organization's energy procurement strategy.
- (E) Possess in-depth knowledge of energy markets (Natural Gas & Electricity), including pricing trends, regulatory frameworks, industry sustainability targets, and technologies.
- (E) Support to track the energy market, including supply and demand dynamics, pricing trends, and regulatory changes. The Senior Specialist will use this information to make informed decisions regarding procurement timing, contract terms, and risk management strategies
- (C) Lead the Capital category investments to ensure project timeline accomplishment.
- (C) Ensure the Capital Cash Saving needed to the company to allow new investments.
SKILLS EXPECTED
- Strong Business Analysis. Using business tools and information systems when solving problems and making decisions. Using data to support recommendations.
- Negotiation skills. Planning and anticipation, demonstrates professionalism in all business settings and shows ability to control emotions, mannerisms, and communication style.
- Teamwork and Relationship building. Being a team player when interacting with stakeholders and peers. Able to manage relationships at all levels of the organization
- Project management skills & Setting Priorities
- Ability to work cross functional and cross regional.
- Keep a proactive and dynamic attitude. Take leadership on key initiatives.
REQUIRED QUALIFICATIONS
- 5 plus years in the supply chain.
Source : TalentBurst, Inc.