Procurement Manager

Brookfield Asset Management•Cleveland, OH

18d•Hybrid

About The Position

The Procurement Manager is accountable for the full life cycle of procurement including sourcing, supplier management and capital project support for a portion of the multifamily portfolio. Responsible for all aspects of the process from strategic planning and execution of a sourcing strategy through the management of supplier relationships to support attainment of enterprise objectives and goals. Responsible for creation of an annual strategy for assigned commodity areas by clearly understanding the business requirements and market factors. The Procurement Manager independently leads, directs and influences the work of others throughout strategy development and execution. This position is also responsible for educating the business on Procurement strategies, best practices and options. Expected to thoroughly understand the categories and business lines to create and communicate project plans to implement new supplier programs. This position is responsible for generating value through cost savings and continuous improvement of the operations.

Requirements

Undergraduate (Bachelor) Degree in Focus in Business or related discipline.
8-10 Years: Strategic Sourcing/Procurement - Required
8-10 Years: Supplier Management - Required
8-10 Years: Project Management - Required

Nice To Haves

Advanced (Master) Degree

Responsibilities

Identify sourcing opportunities through spend analysis and/or by understanding the needs and requirements of internal stakeholders. Execute on opportunities within the parameters of the Strategic Sourcing process and in line with platform objectives. Provide leadership and guidance to target areas for future sourcing projects. (25%)
Conduct spend analysis, market analysis, and supplier analysis, and benchmarking/cost modeling; execute commodity sourcing strategies including development and execution of RFI’s and RFP’s, document bid events through correspondence to suppliers; develop selection criteria and drive the selection of suppliers in collaboration with a cross-functional team; conduct supplier negotiations. (20%)
Negotiate and establish agreements/contracts for materials, services and equipment at the lowest total cost while meeting or exceeding quality and specification requirements through a strategic sourcing methodology. Deliver innovation and continuous improvement cost savings. (25%)
Establish and maintain effective relationships with suppliers and service providers that lease to optimal total quality, cost and service. Determine supplier performance measurements and enforce quality metrics through supplier management process. (15%)
Provide proper tools to stakeholders to allow them to support the sourcing and supplier management processes. Assist in resolution of escalated supplier performance issues. (15%)