Procurement Specialist

Republic Airways•Indianapolis, IN

About The Position

The Procurement Specialist promotes the most cost-effective use of company funds when acquiring assigned commodities and services. The role collaborates with and supports the Manager in developing and implementing strategic buys and initiating long-term agreements. It uses ERP and other systems to support daily purchasing operations, works with internal stakeholders and suppliers, and helps ensure procurement delivers cost, service, and supply-chain value. The position also supports sourcing requests and procurement categories through RFx development, supplier evaluation, contract negotiation and execution, and contract administration. It analyzes supplier performance and spend, pursues cost reductions, and develops best practices and lean processes. The role may require travel up to 20% of the time, including overnight travel. The work environment typically does not involve extreme environmental conditions.

Requirements

Bachelor’s degree or equivalent in Aviation, Business, Purchasing, Materials, or a related field.
At least 3 years of experience in a purchasing function or in the airline industry.
Ability to read, analyze, and interpret technical procedures, governmental regulations, financial reports, and legal documents.
Ability to write reports and business correspondence and respond to common inquiries or complaints from customers, regulatory agencies, or vendors.
Ability to present information effectively and respond to questions from groups of managers, clients, customers, and vendors.
Ability to define problems, collect data, establish facts, draw valid conclusions, interpret varied instructions, and handle abstract and concrete variables.
Able to use close vision (clear vision at 20 inches or less) and move about the work environment; frequently required to stand, walk, sit, talk, and hear.
Able to travel up to 20% of the time, including overnight travel.

Nice To Haves

Master’s degree or equivalent.
At least 5 years of experience.
Certification as a Certified Professional in Supply Management or Certified Purchasing Manager.

Responsibilities

Use ERP and other systems to manage day-to-day purchasing activities.
Receive requisitions and analyze line items for quantity, specifications, and delivery requirements.
Work with Material Planning to revise requirements as applicable based on consumption, lead time, cost, and other factors.
Track and confirm order deliveries, following up on orders, amendments, shipping notices, and required documents.
Resolve receiving and invoice discrepancies within prescribed timeframes.
Maintain required KPIs, including aged open requisitions, aged purchase orders, invoice discrepancies, receiving discrepancies, and cost-savings tracking.
Analyze spend data to identify opportunities to aggregate spend, optimize or expand the supply base, and create supply-chain value.
Initiate annual price agreements and blanket purchase orders to leverage pricing and other supply-chain value.
Evaluate market conditions and trends and identify new sources of supply that can reduce costs without jeopardizing quality or material requirements.
Negotiate cost reductions based on quote analysis and benchmarking.
Work with stakeholder departments and serve as a subject matter expert on cross-functional teams to meet internal customer service requirements.
Use e-commerce with key suppliers to improve purchasing efficiency and effectiveness.
Assist with internal customer sourcing requests.
Initiate and support RFx development, supplier evaluation, contract negotiation, and contract execution for procurement categories.
Administer executed contracts to ensure intended value and benefits are realized.
Perform root cause analysis and implement corrective actions to address supplier performance deficiencies.
Develop and document best practices and create more efficient lean processes.
Foster the company’s core values and culture throughout the work environment.
Perform other duties as assigned.