Procurement Consultant-Procurement Specialist

American Electric Power•Columbus, OH

1d•$87,633 - $128,688

About The Position

Serves as the subject matter expert in the development of sourcing strategy associated with the procurement of labor, service, material and equipment needs supporting business unit functions. Understands key business interests of AEP and third parties in the development and writing of the business deal. Applies negotiation techniques and methods to sourcing and contracting objectives. Manages supplier performance, contract compliance, risk, and other areas that support over-arching category management strategies. Leads cross-functional teams and may direct lower level activities associated with sourcing, contracting or operational efforts. Procures goods and services with a high value or complex requirements. Assesses business requirements, and matches procurement plans accordingly. Executes sourcing strategies based on category manager guidance and leading practices. Assists Category Managers with category strategy development. Leverages market, supplier, and spend analyses to inform category strategies and competitive solicitations (e.g. RFXs). Coordinates and leads cross-functional category teams during sourcing events. Performs any required contract administration work related to a sourcing event. Develops negotiating strategy and leads negotiations. Writes the summary and details for basic to moderately complex contracts, including pricing, business requirements, performance criteria, terms and conditions, and any risk mitigations. Establishes effective relationships with business partners and suppliers to support category strategies. Works with the Service Center to ensure transactional and customer support services are aligned with category strategies. Coordinates with key suppliers and business partners on the delivery of high-value manufactured equipment and materials, including any transportation and storage requirements. Manages contract compliance and administration for high-value manufactured equipment and materials including economic price adjustments, replacement programs, and credit programs. Leverages contract knowledge to mitigate risks and maximize contract value.

Requirements

Bachelor's Degree in business, accounting, finance, supply chain, or other related field; Or 4 years of relevant work experience.
2 years of relevant work experience, including experience working with cross-functional teams is required.
4 years of relevant work experience in contract management, paralegal work, or supply chain experience is required.
Excellent analytical, problem-solving, and time management skills desired
Ability to lead multiple projects and initiatives simultaneously
Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers
Ability to help develop and evolve category management processes and engage suppliers on operational, strategic, and financial issues.

Nice To Haves

Supply chain category management experience, preferably within the utility, manufacturing, or construction industry preferred.
Experience in the utility, manufacturing, or construction industry preferred.

Responsibilities

Serves as the subject matter expert in the development of sourcing strategy associated with the procurement of labor, service, material and equipment needs supporting business unit functions.
Understands key business interests of AEP and third parties in the development and writing of the business deal.
Applies negotiation techniques and methods to sourcing and contracting objectives.
Manages supplier performance, contract compliance, risk, and other areas that support over-arching category management strategies.
Leads cross-functional teams and may direct lower level activities associated with sourcing, contracting or operational efforts.
Procures goods and services with a high value or complex requirements.
Assesses business requirements, and matches procurement plans accordingly.
Executes sourcing strategies based on category manager guidance and leading practices.
Assists Category Managers with category strategy development.
Leverages market, supplier, and spend analyses to inform category strategies and competitive solicitations (e.g. RFXs).
Coordinates and leads cross-functional category teams during sourcing events.
Performs any required contract administration work related to a sourcing event.
Develops negotiating strategy and leads negotiations.
Writes the summary and details for basic to moderately complex contracts, including pricing, business requirements, performance criteria, terms and conditions, and any risk mitigations.
Establishes effective relationships with business partners and suppliers to support category strategies.
Works with the Service Center to ensure transactional and customer support services are aligned with category strategies.
Coordinates with key suppliers and business partners on the delivery of high-value manufactured equipment and materials, including any transportation and storage requirements.
Manages contract compliance and administration for high-value manufactured equipment and materials including economic price adjustments, replacement programs, and credit programs.
Leverages contract knowledge to mitigate risks and maximize contract value.