Procurement Specialist

Blain Supply, Inc. • Janesville, WI

46d • $77,000

About The Position

Responsible for overseeing and managing the procurement process to ensure the efficient acquisition of goods and services at the best possible cost. This role involves developing and implementing procurement strategies, managing supplier relationships, negotiating contracts, and ensuring compliance with company policies and regulations. The Procurement Analyst will work closely with internal stakeholders to understand their needs, analyze market trends, and drive cost-effective procurement solutions. This role requires strong analytical skills, excellent negotiation abilities, and a deep understanding of procurement processes and best practices.

Requirements

• Bachelor's Degree with emphasis in Business, Accounting/Finance, Supply Chain Management, or related field
• 5 or more years of experience with a specific focus on strategic sourcing or procurement, supplier management, finance, or another related field
• Proven ability to establish and maintain cross-functional relationships, influence change with diplomacy, and lead the decision-making process
• Knowledge of contract management, negotiation strategies, and supplier evaluation.
• Previous contract negotiation, deal development, and risk mitigation experience
• Strong negotiation and contract management skills.
• Excellent communication and interpersonal skills for building relationships with suppliers and internal teams.
• Excellent research, analytical, problem-solving, planning and organization skills required as well as a high degree of personal initiative and motivation

Nice To Haves

• ISM or equivalent certification
• Experience with service-based/SLA-based supplier delivery models
• Experience with Requisition to Pay processes / P2P

Responsibilities

• Lead end to end sourcing activities consisting of cross-functional strategy development, spend analysis, supply market analysis, RF(x) creation and analysis, negotiations, and contracting
• Work with internal stakeholders to develop strategies and create effective scope of work documents for competitive bid processes
• Develop sourcing strategies based on analysis of baseline data, supply market dynamics, category intelligence and business requirements
• Leverage market data, spend analytics and cost modeling to drive fact-based decision making
• Lead cost and commercial term negotiations with suppliers, collaborate with Legal resource to mitigate contractual risks prior to award
• Leverage spends analytics, market intelligence, and expiring contracts reporting to continuously build category sourcing plans, spend profiles, and a pipeline of opportunities
• Maintain strong working relationships across the enterprise, ensuring that Procurement is engaged early on all prospective engagements per Procurement Policy
• Provide advice to stakeholders on contractual matters, requirements, risk management and mitigation strategies
• Review requisitions and issue purchase orders ensuring that orders are placed within company policies and procedures.
• Administer the contract lifecycle management process - ensure supplier contracts are populated in central contract repository, manage contract expirations, build inventory of contract provisions and templates

Benefits

• Medical, Prescription, Dental, Vision, Short & Long Term Disability, Life Insurance, Ancillary Benefits, Identity Theft Protection, Pet Insurance, Etc.
• All major Holidays & Birthday off
• Advanced Leadership Training Programs: build the skills to grow your career
• Associate discount on name brands like Carhartt, Under Armour, STIHL, Milwaukee Tool, DeWalt & much more!
• Internal recognition programs that support an engaged workplace
• Profit Sharing
• 401(K) with company match

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: General Merchandise Retailers
• Number of Employees: 5,001-10,000 employees