Procurement Consultant (New Albany, OH)

American Electric Power•New Albany, OH

1d•Onsite

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. This role will be primarily focused on the services side of procurement, with an emphasis on engineering and related professional services categories. Responsibilities will include supporting sourcing, contracting, and ongoing contract administration activities within these services categories, as well as assisting with issue identification and resolution in coordination with internal stakeholders and suppliers. The role may also provide analytical and day‑to‑day support to senior/upper‑level analysts who own specific services categories, helping with data analysis, strategic sourcing activities, execution of category strategies, and follow‑through on contract‑related actions.

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

Nice To Haves

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.

Responsibilities

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.