Procurement Specialist

Xylem • Colorado Springs, CO

38d

About The Position

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions. Job Summary: The Procurement Specialist plays a critical role in managing the procurement of goods and services for the organization. This position involves sourcing suppliers and ensuring that purchased materials meet quality and cost requirements. The Procurement Specialist collaborates with cross-functional teams to address procurement issues, perform cost analysis, and implement cost-saving initiatives. Additionally, this role involves monitoring supplier performance and maintaining strong supplier relationships.

Requirements

• A bachelor’s degree in international business, Supply Chain Management or a related field with at least 2 years' experience or equivalent work experience that provides exposure to fundamental theories, principles, and concepts.
• Strong analytical skills and proficiency in data analysis tools (e.g., Excel, SQL).
• In-depth understanding of inventory management principles and practices.
• Experience with inventory management software and systems.
• Ability to develop and implement inventory optimization strategies.
• Strong problem-solving skills and attention to detail.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.

Responsibilities

• Procurement and Sourcing • Identify and source products/materials from suppliers
• Negotiate pricing, terms, and conditions with suppliers
• Maintain relationships with suppliers
• Monitor market trends and changes in pricing
• Inventory Management • Monitor inventory levels and ensure availability of products
• Coordinate with warehouse and logistics teams for timely delivery
• Analyze inventory data to forecast demand
• Cost Management • Analyze and compare supplier pricing
• Identify cost-saving opportunities
• Monitor and manage budget for purchasing
• Supplier Management • Evaluate and onboard new suppliers
• Conduct supplier audits to ensure quality standards are met
• Resolve any issues or conflicts with suppliers
• Stakeholder Communication • Collaborate with internal teams to understand purchasing needs
• Communicate with stakeholders on procurement updates and changes
• Risk Management • Monitor and mitigate any potential risks related to purchasing
• Develop contingency plans for supply chain disruptions
• Data Analysis and Reporting • Collect and analyze data on purchasing activities
• Generate reports to track and measure performance
• Identify areas for improvement and make data-driven decisions.

Benefits

• At Xylem, you'll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program, Xylem Watermark.
• We prioritize our employees' well-being through inclusion and belonging as well as our Employee Resource Groups (ERG).
• Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace, Xylem fosters an inclusive environment free from discrimination or harassment.
• Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level