Product Sourcing Specialist
1840 & Company
Procurement Analyst
Avid
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇵🇭 Philippines
Visit company websiteJob Level
Mid-LevelSenior
Tech Stack
ERPOracle
About the role
- Manage full lifecycle for assigned addressable indirect spend categories and / or projects, developing and executing category strategies as needed
- Conduct and lead competitive sourcing events – e.g. RF X s – including scoping, bidder management, requirement gathering, and proposal analysis and recommendation
- Lead commercial negotiations with vendors to achieve optimal pricing, terms, and service levels
- Collaborate with internal stakeholders – e.g. Finance, Information Security, Legal, etc. – to facilitate operational risk reviews and contract execution
- Identify, track, and report on savings and value-add opportunities generated through strategic procurement activities
- Approve purchase orders (POs) in NetSuite or a comparable system, ensuring all purchases align with negotiated agreements, policies, and processes
- Undertake stretch assignments to ideate and lead strategic initiatives aimed at optimizing and transforming existing procurement processes
- Conduct market research and analysis to identify new trends, solutions, and best practices that can inform procurement strategy
- Partner with stakeholders to define business requirements and translate them into a clear procurement strategy
- Take ownership of performance goals and deliver on key metrics related to spend under management, savings, and project completion
- Partner effectively with internal and external stakeholders such as Finance, IT, Legal, and senior leadership to manage shared interests / workflows and ensure alignment on procurement strategy
- Develop and present planned or ad hoc reports on procurement initiatives, spend trends, and project status
Requirements
- Bachelor’s degree in Business Administration, Finance, Supply Chain Management, or a related field; equivalent work experience may be considered in lieu of a formal degree.
- Minimum of five (5) years of professional experience, with at least three (3) years of focused experience in purchasing / procurement / sourcing.
- Proven success in managing end-to-end competitive bidding processes across multiple spend categories.
- Demonstrable expertise with data configuration and analysis, and advanced Microsoft Excel skills – e.g. leveraging formulas, pivot tables, lookups, etc.
- Proficiency with Microsoft Office Suite in addition to demonstrable expertise using NetSuite or a comparably mature ERP system – e.g. SAP, Oracle, etc. for procurement purposes.
- High degree of accountability and a proactive, self-starting attitude.
- Exceptional negotiation and influencing skills, with a track record of driving strong commercial outcomes.
- Excellent verbal and written communication skills in the English language, with the ability to articulate complex procurement concepts simply.
- Independent ability to build and manage professional relationships with internal and external stakeholders.
- Strong analytical and problem-solving skills, with demonstrable experience in financial modeling and opportunity cost analysis.
Benefits
- Attractive benefits package including health & life insurance
- Referral rewards
- Generous leave policies to ensure a healthy work-life balance
- Access to development programs with strong support and mentoring to help you grow and advance within the company
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
competitive sourcingnegotiationdata analysisfinancial modelingopportunity cost analysisprocurement strategycategory managementmarket researchMicrosoft ExcelERP systems
Soft skills
accountabilityproactive attitudenegotiation skillsinfluencing skillscommunication skillsrelationship managementanalytical skillsproblem-solving skillscollaborationpresentation skills
