Procurement Specialist

A leading Fortune 100 insurance and financial services company headquartered in Columbus, Ohio is hiring! If you want to work for a company that provides a great culture, great opportunities, and a huge impact, apply to join our team!

Procurement Specialist

Location: Hybrid; Downtown Columbus, OH 43215 (2 days per week onsite, 3 days WFH)

Pay: $24.41/hr

Schedule: Monday - Friday, regular business hours (2 days per week onsite, 3 days WFH)

JOB SUMMARY:

• Responsible for the procurement and acquisition of goods and services for *** that deliver near-term sourcing value and work to enhance processes and drive efficiency.
• Consult and advise business units or functions on the acquisition of goods and services of basic to moderate complexity across one or multiple domains (categories).
• Conduct industry research, benchmark analysis, competitive bids, and develop contracts according to procurement policies.
• Review and analyze category spend for sourcing or expense reduction opportunities.
• Supports Strategic Sourcing Team in multiple capacities to ensure business plans are executed against sourcing strategy.

JOB RESPONSIBILITIES:

• Collaborate with Strategic Sourcing on all aspects of assigned domains (categories) to include prioritization, contract renewals, benchmarking and industry research in order to achieve defined business goals.
• Leverage demand and buy levers to evaluate moderately complex domain (category) spend, identify cost reduction opportunities and develop recommendations to support business objectives.
• Provide expert consultation for moderately complex new and renewal contracts, agreements, and leases.
• Determine appropriate stakeholders (i.e. legal, IRM and IT) to engage as necessary.
• Execute moderately complex RFP(X) (i.e. requests for information, proposals and/or quotes) with pre-defined and/or new suppliers based on business unit requirements and funding in order to optimize the purchase of products and services.
• Review contract pipeline report for assigned domain(s) and consult with Strategic Sourcing and the business unit to determine the next action on a supplier relationship.
• Partner with business unit and Finance to forecast for contract renewals.
• Performs other duties as assigned.

EDUCATION:

• Undergraduate degree in business, finance, supply chain or related field preferred.

KNOWLEDGE:

• Comprehensive knowledge of principles, practices, and procedures of supply chain management or other related industry.
• In-depth knowledge of the legal environment as applicable to contracts negotiation required.
• In-depth understanding of the Enterprise structure and business objectives.
• Knowledge of enterprise technology standards and direction.

SKILLS/COMPETENCIES:

• Excellent verbal, and written communication skills and math skills required in order to negotiate with suppliers.
• Ability to lead project teams towards a common objective. Ability to work independently with minimal supervision.
• Ability to influence with no authority.
• Ability to solve problems in strategic sourcing.
• Ability to train others on basic to moderately complex policies, practices, and processes.
• Proficiency in common office software like Microsoft Word, Excel, and PowerPoint.

PREFERRED:

• 4 – 8 years Procurement Sourcing experience preferred.
• Experience in Technology Sourcing preferred.
• Insurance and Financial Services Sourcing a plus.