What are the responsibilities and job description for the Senior Procurement Specialist - Indirect position at Northwest Bank?
Job Description
The Senior Procurement Specialist - Indirect plays a key role in procurement operations, responsible for managing complex projects, developing strategic initiatives, and driving cost optimization across a range of indirect spend categories including facilities, professional services, marketing, travel, office supplies and IT. This role is responsible for balancing tactical execution with strategic initiatives, managing supplier relationships, and delivering measurable value to the organization. This role demands a deep understanding of procurement processes, supplier negotiations, and market analysis. The Senior Procurement Specialist – Indirect will collaborate with cross-functional stakeholders to ensure procurement efforts align with business objectives and organizational goals.
Essential Functions
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
Bachelor's Degree Business, finance, or a related field
Work Experience
6 - 8 years Proven experience in sourcing indirect categories and managing medium to high-value contracts
6 - 8 years Ability to negotiate favorable terms with suppliers while fostering long-term partnerships.
6 - 8 years Prior experience in senior or lead procurement role, preferably in indirect procurement
6 - 8 years Hands-on experience in developing and executing category plans
6 - 8 years Expertise in spend analysis, cost modeling, and using data to drive procurement decisions
6 - 8 years Experience managing procurement projects from inception to completion
6 - 8 years Experience with e-sourcing platforms, procurement systems, and reporting tools
General Employee Knowledge, Skills, And Abilities
Deep understanding of sourcing strategies for indirect categories such as facilities, professional services and IT
Proven ability to negotiate complex contracts and achieve favorable outcomes for the organization
Experience developing and implementing category management plans that drive value
Ability to analyze spend data and market trends to make informed procurement decisions
Strong ability to build, sustain, and improve supplier relationships for long-term value
Skilled in managing procurement projects from planning to execution while meeting deadlines
Strong communication skills, with the ability to collaborate effectively, engage with diverse stakeholders, and convey information clearly and persuasively
Expertise in using e-sourcing platforms, procurement systems, and advanced Excel or data analytics tools
Knowledge of regulatory and compliance issues
Excellent organizational/communication skills
Ability to deal with people at all levels
Strong leadership skills
Working knowledge of computers/communications systems preferred
Northwest is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
The Senior Procurement Specialist - Indirect plays a key role in procurement operations, responsible for managing complex projects, developing strategic initiatives, and driving cost optimization across a range of indirect spend categories including facilities, professional services, marketing, travel, office supplies and IT. This role is responsible for balancing tactical execution with strategic initiatives, managing supplier relationships, and delivering measurable value to the organization. This role demands a deep understanding of procurement processes, supplier negotiations, and market analysis. The Senior Procurement Specialist – Indirect will collaborate with cross-functional stakeholders to ensure procurement efforts align with business objectives and organizational goals.
Essential Functions
- Lead sourcing activities for indirect categories, including competitive bidding processes, while identifying opportunities for cost savings, supplier consolidation, and process efficiencies to deliver optimal value and ensure compliance with organizational policies
- Manage relationships with key suppliers and resellers by ensuring alignment with organizational needs, conducting regular performance reviews, resolving issues, and driving continuous improvement to enhance overall supplier performance
- Develop and implement strategies to optimize spend and deliver cost savings for assigned categories, ensuring alignment with organizational objectives.
- Manage the end-to-end contract lifecycle, with a strong emphasis on negotiating favorable terms, ensuring compliance with organizational and regulatory requirements, and identifying opportunities for renegotiation or consolidation to maximize value and drive cost efficiencies
- Partner with internal stakeholders to understand procurement needs, align strategies with business objectives, ensure timely delivery of goods and services, and act as a liaison between departments to implement procurement activities and address inquiries effectively
- Analyze spend data and procurement trends to identify cost-saving opportunities, inform sourcing strategies, and generate procurement reports with key performance metrics to support decision-making and track progress toward organizational goals
- Manage and execute procurement projects, including competitive bidding processes (RFI, RFP, RFQ) and supplier onboarding, ensuring timely completion, adherence to scope, and alignment with organizational goals
- Streamline procurement processes by adopting best practices to enhance operational efficiency, while ensuring all activities comply with company policies, ethical standards, and regulatory requirements
- Generate and present procurement reports and key performance metrics to stakeholders, highlighting achievements, identifying areas for improvement, and ensuring alignment with organizational goals
- Support the integration and optimization of procurement technologies, including catalog management and e-sourcing tools
- Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
- Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
- Work as part of a team
- Work with on-site equipment
- Abide by the rules of the safety and loss prevention program
- Perform work tasks in a safe manner
- Report any and all injuries to supervisor
- Know what to do in case of an emergency
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
Bachelor's Degree Business, finance, or a related field
Work Experience
6 - 8 years Proven experience in sourcing indirect categories and managing medium to high-value contracts
6 - 8 years Ability to negotiate favorable terms with suppliers while fostering long-term partnerships.
6 - 8 years Prior experience in senior or lead procurement role, preferably in indirect procurement
6 - 8 years Hands-on experience in developing and executing category plans
6 - 8 years Expertise in spend analysis, cost modeling, and using data to drive procurement decisions
6 - 8 years Experience managing procurement projects from inception to completion
6 - 8 years Experience with e-sourcing platforms, procurement systems, and reporting tools
General Employee Knowledge, Skills, And Abilities
- Ability to establish effective working relationships among team members and participate in solving problems and making decisions
- Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written
- Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information
- Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information
- Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas
Deep understanding of sourcing strategies for indirect categories such as facilities, professional services and IT
Proven ability to negotiate complex contracts and achieve favorable outcomes for the organization
Experience developing and implementing category management plans that drive value
Ability to analyze spend data and market trends to make informed procurement decisions
Strong ability to build, sustain, and improve supplier relationships for long-term value
Skilled in managing procurement projects from planning to execution while meeting deadlines
Strong communication skills, with the ability to collaborate effectively, engage with diverse stakeholders, and convey information clearly and persuasively
Expertise in using e-sourcing platforms, procurement systems, and advanced Excel or data analytics tools
Knowledge of regulatory and compliance issues
Excellent organizational/communication skills
Ability to deal with people at all levels
Strong leadership skills
Working knowledge of computers/communications systems preferred
Northwest is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
