Procurement Lead (Vendors and Sourcing)

Provision People

Procurement Lead (Vendors and Sourcing)

Mankato, MN
Full Time
Paid
  • Responsibilities

    Summary:

     

    Our award-winning client is seeking a Commodity Manager Senior to join their team.In this strategic role, you'll play a pivotal role in shaping our procurement strategy and securing the best possible deals for our company. You'll leverage your expertise to manage key supplier relationships, identify cost-saving opportunities, and ensure the consistent flow of high-quality materials.

     

    Responsibilities:

     

    • Develop and execute comprehensive sourcing strategies for assigned commodities, balancing cost, quality, and delivery considerations.
    • Conduct in-depth market research and analysis to identify the most advantageous suppliers and negotiate favorable contracts.
    • Build and maintain strong, collaborative relationships with key suppliers, fostering open communication and continuous improvement.
    • Identify and implement cost-saving opportunities throughout the procurement process, optimizing overall spend.
    • Proactively identify and mitigate potential supply chain risks, ensuring business continuity.
    • Leverage data analytics to inform sourcing decisions and track key performance indicators (KPIs).
    • Collaborate effectively with internal stakeholders across various departments, including engineering, manufacturing, and finance.

     

    Required Qualifications:

     

    • 7+ years of experience in commodity management or a related procurement role, with a proven track record of success.
    • Strong understanding of strategic sourcing principles and methodologies, with the ability to develop and implement effective sourcing plans.
    • In-depth knowledge of market dynamics, supplier landscapes, and negotiation best practices.
    • Proven ability to negotiate and manage complex contracts, ensuring alignment with business objectives.
    • Excellent communication and interpersonal skills to build strong relationships with internal and external stakeholders.
    • Experience with data analysis tools and the ability to leverage data to drive informed decision-making.
    • A keen eye for identifying cost-saving opportunities throughout the procurement process.
    • Proficiency in relevant procurement software and technology platforms.