Location: Piscataway, NJ
Employment Status: Full Time
Reports to: Senior Procurement Manager
Role Description
The role is responsible for implementing strategic sourcing initiatives for services, capital expenditures (CapEx), and construction projects to align with organizational goals and drive value. Key duties include managing the source-to-pay procurement process, overseeing project execution, ensuring compliance with company procedures, and evaluating vendor performance. The role involves negotiating contracts, identifying cost-saving opportunities, and monitoring KPIs related to cost savings, delivery, compliance, and quality. It also requires collaboration with cross-functional teams, serving as the primary point of contact for legal and internal stakeholders, and ensuring procurement compliance and continuous improvement. Additionally, the role supports audits and addresses supplier non-compliance or quality issues.
Job Responsibilities:
- Implement strategic sourcing for services, capital expenditures (CapEx), and construction projects to align with organizational goals and maximize the company's leverage to drive value.
- Manage source-to-pay procurement processes and oversee all aspects of the procurement project execution and progress, for assigned categories, projects or key tasks, ensuring compliance with corporate procedures and regulations.
- Mange and evaluate the vendor performance on the assigned projects. Identify, evaluate, and select vendors based on quality, cost, delivery, spend diversity and service criteria.
- Negotiate pricing, terms and conditions, contracts and long-term agreements with suppliers to optimize value and mitigate risks.
- Identify cost-saving opportunities through supplier selections, negotiations, consolidation and process improvements.
- Monitor and manage KPI related to cost avoidance and savings, delivery timelines, compliance and quality execution, for the assigned categories and projects.
- Service as point of contact with Legal support team for reviewing and managing agreements, contracts, proposals or statements of work (SOW) to ensure alignment with company legal requirements and company regulations.
- Collaborate with cross-functional teams to forecast and plan CapEx, service and construction project procurement needs. Provide support and guidance to internal stakeholders on procurement processes and best practices.
- Serve as a key liaison between internal stakeholders and suppliers to address procurement-related inquiries and resolve issues. Interact with wide array of internal and external stake holders to establish continuous improvement and governance of service and capital spend
- Ensure the procurement compliance process to meet the quality and performance standards. Collaborate with quality control team to address any supplier non-compliance or quality issues.
- Support internal and external audits by providing necessary procurement documentation and justifications.
Qualifications
- Bachelor's degree or higher in Business, Supply Chain Management, Engineering, Construction Management or a related field
- Minimum of 3-5 years of experience in procurement, with a focus on services and CapEx
- Strong negotiation, communication, and analytical skills
- Project management skills, with experience in procurement for construction projects preferred; this experience will be considered a significant advantage
- Ability to effectively communicate and manage complex situations with internal and external stakeholders to meet the goals
- Proven capability to navigate a dynamic, fast-paced environment while adapting to shifting priorities and identifying opportunities