Job Description

DUTIES AND RESPONSIBILITIES:

Strategic Procurement to secure annual cost-savings targets:

• Perform market and supplier analyses, facilitate the bid/proposal process, develop and use supplier evaluation criteria, formulate contracts and amendments
  
• Collaborate with internal stakeholders to understand business needs
  
• Support national/regional sourcing strategies
  
• Develop and execute RFIs and RFPs for sourcing initiatives

• Monitor and evaluate supplier performance, including supplier development, KPIs and process/cost improvements
  
• Develop and maintain suppliers capable of meeting/exceeding quality, cost, timing, technology, and service requirements
  
• Interface with existing and prospective suppliers to understand all offerings
  
• Support company target objectives by ensuring supplier commitment to quality improvement programs and cost reducing initiatives
  

Inventory Management to reduce costs:

• Establish and deploy strategies for inventory optimization and replenishment
  
• Ensure lean inventories and avoidance of OOS
  
• Drive process improvement for internal efficiencies
  

Purchasing Compliance Management to reduce waste:

• Define improvements to process and technology and partner with Accounting and IT to execute improvements
  
• Drive cost savings vs. approved baselines
  
• Manage contract compliance for all external purchases
  
• Develop reporting metrics on spend/contract compliance and communicate results
  
• Uphold internal and external policies, regulations, laws
  

Contract Management to maximize value and reduce risk:

• Maintain company contract repository and supplier listings
  
• Develop strategy to notify internal stakeholders of impending contract expiration dates and prioritize timing of renegotiation, extension, or cancellation
  

Demand Management to reduce cost:

• Internal benchmarking of consumption to understand variance between locations
  
• Define and share best practices