Procurement Analyst – Mid-Level/Senior
Boeing
Procurement Sourcing Category Strategist
Regions Bank
full-time
Posted on:
Location Type: Hybrid
Location: Hoover • Alabama • 🇺🇸 United States
Visit company websiteSalary
💰 $85,608 - $113,040 per year
Job Level
Mid-LevelSenior
About the role
- Negotiates contracts with service providers that deliver effective business outcomes to include negotiations of SLA’s, terms, risk components, and fee structure
- Directs and oversees negotiations with good interpersonal and communication skills, to deliver a desired result
- Communicates clearly and effectively within a working team to foster collaboration
- Utilizes strategic sourcing approach to determine and prepare request for proposals (RFP)/competitive bid requirements, solicit responses, analyze responses, prepare recommendation and negotiate contracts to enhance efficiencies and reduce costs
- Executes the bank’s competitive bidding process and lead strategic sourcing activities for assigned areas
- Develops cross-functional teams, business objectives, identify bidding suppliers, set up the RFP in the bank’s P2P system, execute the RFP / competitive bid with suppliers, negotiate contracts and work with business stakeholders to develop recommendations
- Partners with key stakeholders and senior leaders in proactively identifying expense reduction opportunities as it relates to suppliers
- Analyzes market industry conditions and develops plans to procure goods not related to information technology vendors
- Communicates corporate procurement standards to vendors and business partners
- Completes and executes RFPs and/or contracts that meet the company’s legal and business requirements
- Offers advice and guidance to junior consultants on occasion
- May partner with Procurement Strategic Sourcing Technology Consultant on projects
Requirements
- Bachelor’s degree in Business, Supply Chain/Engineering, Procurement, or related field and five (5) years of experience in procurement or related field
- Or High School Diploma or GED and nine (9) years of experience in procurement or related field
- Professional certification in Supply Chain, Procurement, or related field (preferred)
- Master of Business Administration (MBA) or related degree (preferred)
- Ability to lead associates to desired outcomes through influence and buy-in
- Ability to learn additional systems as needed
- Ability to research, analyze data, and derive facts
- Ability to work in a team environment when applicable
- Ability to work under pressure and meet deadlines
- Demonstrated negotiation skills
- Demonstrated ability to execute RFPs and/or competitive bids
- Demonstrated ability to negotiate with suppliers and internal customers to maximize value, ensure standardization, successfully resolve disputes, and drive optimal outcomes
- Developed relationship-building skills
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong verbal, written communication, and organizational skills
- Strong work ethic and self-motivation.
Benefits
- Paid Vacation/Sick Time
- 401K with Company Match
- Medical, Dental and Vision Benefits
- Disability Benefits
- Health Savings Account
- Flexible Spending Account
- Life Insurance
- Parental Leave
- Employee Assistance Program
- Associate Volunteer Program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
negotiationstrategic sourcingrequest for proposals (RFP)competitive biddingcontract executiondata analysisexpense reductionprocurementsupply chain managementmarket analysis
Soft skills
interpersonal skillscommunication skillscollaborationleadershipinfluencerelationship-buildingorganizational skillsself-motivationwork ethicability to work under pressure
Certifications
Professional certification in Supply ChainProfessional certification in ProcurementMaster of Business Administration (MBA)