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Principal, Procurement
Ref No.: 18-02101
Location: Islandia, New York
Pay Rate : $ 1.00 /Hour
New Business Procurement / Sourcing Principal
Job Overview
This individual will be responsible for the assigned category or subset which includes partnering with internal customers to deliver successful project outcomes. Success in this role will be achieved by driving the end to end Strategic Sourcing Lifecycle inclusive of leading sourcing projects, developing, negotiating and executing contracts, drive targeted supplier quality of service reviews, and is keenly focused on customer relationship management.

Key Responsibilities
  • Leads the end to end lifecycle for sourcing projects:
    • Develops and manages RFx processes
    • Identifies and translates business requirements into business metrics, SLA's and other commercial terms for contract inclusion
  • Develops, negotiates, executes and manages contracts for the category or subset
  • Coordinates completion of vendor onboarding and suppler risk assessment activities
    • Provides a synopsis of terms to the business at the close of a project and leverages contract abstracts
  • Participates in the development and execution of the category sourcing plan through the use and analysis of Spend Visibility, market research, existing product/services being consumed
  • Develops and maintains strong relationships with internal customers with a goal of becoming a trusted partner
  • Works in a matrixed, global, and agile environment. Participates in meetings with regional counterparts to discuss opportunities to bring value to the business and reports in progress/future projects
  • Manage select Supplier Relationships:
    • Leads supplier business reviews by leveraging performance scorecards to help drive supplier performance optimization
    • Understands all aspects of legal and commercial contractual terms and business consumption to drive a holistic view of the supplier relationship
    • Works on special projects to drive greater value and efficiency to the business
    • Identifies opportunities to improve efficiency, agility of internal sourcing processes ultimately improving the customer experience and elevating the sourcing organization
Typical Role Definition
Sr Professional Staff. A seasoned, experienced professional with a full understanding of area of specialization. Resolves a wide range of issues in creative ways. Complete understanding and wide application of principles, theories, and concepts in the field. General knowledge of other related disciplines. Strong competence with the various tools, procedures, programming languages used to accomplish the job. Usually works with minimal supervision, conferring with a supervisor on unusual matters. May be assisted by (and at times direct) less senior level employees. Requires daily decision-making capabilities and actions that may not be reviewed by superiors. Assignments are broad in nature and need ingenuity and originality to solve. Contributes to moderately complex aspects of a project. May assist more junior staff members with aspects of their job. Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors. May play a role in high-level projects that have an impact on the company's future direction.

Job-Specific Authority and Scope:
  • Generally works without consulting their manager
  • Independent decisions are made daily
  • Examples of typical decisions without manager consultation:
    • Supplier selection recommendation
    • Supplier Performance Management Reviews
    • Contract Language Acceptance
  • Typically has no direct reports
  • Typically has no total staff
  • Typically has a global geographic focus
  • Typically does not manage a budget
Business Travel and Physical Demands
Business travel of approximately 5 or less percent yearly is expected for this position.
Physical demands:
  • Office environment. No special physical demands required.
Preferred Education
Bachelor's degree or global equivalent in a related field.
Work Experience
Typically 7 or more years of experience in Procurement or a related area.
Skills & Competencies
  • Strong technical Sourcing skills
  • Strong negotiations skills including legal terms and conditions and commercial terms
  • Customer Relationship Management
  • Influencing Skills
  • Oral and Written Communications
  • Project Management
  • Spend Data Analysis/financial analysis
  • Supplier Relationship Management
  • Flexible and adaptable
  • Time management
  • Strong ability to manage own workload
  • Has experience working in a multi-national, matrixed environment
  • Collaborates effectively with internal customers, stakeholders, and procurement counterparts
  • Understand the organization's strategic position and external industry/trends
  • Ability to develop business relationships within the organization and across internal customers
  • Can use technology effectively
  • Knowledge of Ariba a plus