What are the responsibilities and job description for the Procurement Category Manager - Contract Assignment / Petrochemical position at Burrow Global?
Burrow Global seeks to hire an experienced Procurement Category Manager to lead the development and execution of strategic initiatives and category management involving expenditures related to capital projects in a petrochemical environment. This is a 6 month Hybrid work assignment.
The ideal candidate will possess a strong understanding of economic principles, accounting / finance, and product life cycles within petrochemical plants. This role involves comprehensive spend analysis, vendor management, contract negotiations, and the development of key performance indicators (KPIs).
Key Responsibilities :
Strategy Development :
Formulate and implement strategic directions for capital expenditures in the indirect categories.
Conduct thorough economic analyses of procurement processes to improve decision-making.
Utilize knowledge of accounting and finance to ensure proper capitalization.
Spend Analysis :
Perform full analysis of annual expenditure, identifying trends and opportunities for cost savings.
Categorize spending effectively to optimize procurement strategies.
Vendor Management :
Collaborate with Engineering to develop and maintain an Approved Vendor List (AVL), including onboarding and off-boarding processes.
Conduct supplier relationship management meetings to foster strong partnerships.
Contract Negotiation :
Lead the development and negotiation of contracts and frameworks, engaging Legal teams as necessary to finalize commercial terms.
Performance Measurement :
Develop and monitor KPIs to measure supplier performance and procurement effectiveness.
Provide support to Project Managers by mapping KPIs and ensuring alignment with project goals.
Team Management :
Oversee and manage direct reports, providing guidance and support for their professional development.
Qualifications :
Bachelor's degree in business, Finance, Supply Chain Management, or a related field; MBA preferred.
Active TWIC Card
Proven experience in category management and procurement, particularly in capital expenditures within the petrochemical industry.
Strong analytical skills with the ability to conduct detailed spend analysis and develop actionable insights.
Excellent negotiation skills and experience navigating complex contractual agreements.
Knowledge of supplier relationship management best practices.
Strong leadership abilities with experience managing teams.
Skills :
Proficiency in data analysis and spend categorization tools.
Excellent communication and interpersonal skills.
Strategic thinking and problem-solving capabilities.
Familiarity with procurement software and systems.
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