Strategic Procurement Job Description
Strategic Procurement Duties & Responsibilities
To write an effective strategic procurement job description, begin by listing detailed duties, responsibilities and expectations. We have included strategic procurement job description templates that you can modify and use.
Sample responsibilities for this position include:
Strategic Procurement Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Strategic Procurement
List any licenses or certifications required by the position: CPM, ISM, CSCMP, APICS, PMP, CPIM, CIRM, CPSM, N.A.C, C.P.S.M
Education for Strategic Procurement
Typically a job would require a certain level of education.
Employers hiring for the strategic procurement job most commonly would prefer for their future employee to have a relevant degree such as University and Bachelor's Degree in Business, Engineering, Finance, MBA, Education, Business/Administration, Management, Supply Chain Management, Economics, Technical
Skills for Strategic Procurement
Desired skills for strategic procurement include:
Desired experience for strategic procurement includes:
Strategic Procurement Examples
Strategic Procurement Job Description
- Assists in developing category strategy and translates business strategy in an aligned One Procurement strategy
- Define and champion category procurement strategy for Abbott- align with overall stratgegy and be the key enabler
- Drive Total Cost of Ownership reductions for category through analystics and partnerships with both internal and external partners
- Coordinate across corporate, functions, divisions and supplier base to share best practices and adherence to guidelines
- Anticipate the overall needs of multiple business units and complete supplier community and to negotiate and influence an accepted portfolio meeting the most strategic needs of the category
- Ensures team measures and tracks both internal performance for Abbott users and key suppliers
- Identifies and drives initiatives that span virtual teams across the world and cross cultures
- Work across HP to integrate the use of ‘should cost’ modeling through the product development process (from ideation to negotiation & product introduction)
- Partner across HP’s supply chain and business units to manage and prioritize ‘should cost’ modeling requests to the team
- Manage ‘should cost’ model output and review results with necessary teams
- Ability to develop metrics, methods and procedures which drive results across projects, and provide linkage to corporate objectives
- Demonstrated ability to communicate effectively at all levels in the company through presentations, reports and orally
- Experience in using eSourcing tools and technologies preferred, including eRFx, reverse auctions, project management tools, contract management tools
- Experience performing detailed analyses of complex data or situations
- Broad international experience and globally astute
- Deep knowledge of markets by regions and ability to anticipate trend impacts
Strategic Procurement Job Description
- Engage with technology, marketing and Integrated Supply Chain (ISC) to understand and develop plans to support business goals per 5 year business plans (STRAP) and Annual Operating Plan (AOP) for the product line assigned
- Become expert with economic, competitive and supply base knowledge for products assigned and procured
- Implement multiple tools to drive cost competitiveness
- Collaborate with ISC to establish a lean and flexible supply chain based to reduce cycle times and improve delivery
- Leads the analysis of a specific CPU commodity data and industry trends or leads an individual supply chain sub- category
- Utilizes supply chain and financial modelling tools
- Maintain regular contacts with interface partners to recognize developments (in market, demand, ) and exert influence accordingly
- Maintain intensive regular contact with internal/external interface partners in order to recognize developments (market, demand, ) and exert the appropriate influence
- Systematic forwarding of relevant supply chain information
- Early Involvement
- World class supplier management
- Strong ability to develop and execute against actionable implementation plans
- Relevant business process and industry knowledge, as related to Procurement and Category Management
- Ideally, a minimum of 3 years of experience in sourcing Travel categories
- Experience in drafting Travel and/or outsourcing agreements
- Proven expertise on Travel services (benefits, insurance, recruitment, temporary staffing, ), and a good understanding of corporate services (legal, consulting, facility services, and financial services)
Strategic Procurement Job Description
- Assist in building and driving category strategy for the company by evaluating category and market intelligence directed by the Strategic Procurement Manager and team
- Help further define large and small business opportunities by leveraging spend analytics through scrubbing and deep dive invoice analysis to determine buying patterns and trends for the company
- Assist in applying supplier risk survey results in the enhancement of the supplier risk analysis software tool
- Partner in reviewing the Source to Settle process along with the appropriate tools and guidance documents to come up with a plan to update and enhance the procurement page site on our Sharepoint drive
- Assist in the review and enhancement of the Supplier Relationship Management (SRM) procedures and tools (using some new and existing content)
- Help create SRA & SRM information for Sharepointpublication (updates to home page)
- Opportunity to learn spend analysis and reporting from a Procurement perspective – utilizing our spend tool reporting and taking direction from the Strategic Procurement team for tasks related to proposed projects for Corporate and the Lines of Business (LoBs)
- Other interesting projects, as they arise
- Definition of concepts for risk and contract management to avoid risk and warrant costs
- Preparation and execution of contract and price negotiations to contribute to the profitability of the company
- Demonstrated success in establishing, managing and leading large project teams which result in successful sourcing project delivery with qualitative and quantitative results
- Strong teamwork and influencing skills in a large organization
- Self-starting, ability to drive projects to conclusion and work effectively with a variety of people at various levels within the company
- Strong contract drafting skills including the ability to draft and negotiate complex legal terms and conditions with minimal legal support, the ability to discuss and explain to clients in an easy-to-understand manner
- Masters university degree or equivalent experience
- 6-10 years relevant procurement and/or industry experience
Strategic Procurement Job Description
- Manage exempt and non-exempt Strategic Sourcing & Procurement staff
- Implementing and executing strategic sourcing strategies
- Undertaking of supplier management (selection, qualification, evaluation, auditing and development) to gain the best suppliers and guarantee an optimum supply chain
- Active involvement in the product development / manufacturing process initiation and pushing forward cost reduction measures (design to cost, target costing, standardization, key data, ) to achieve the target costs for materials and reduce the overall material costs by fulfilling the necessary functions
- Responsible for creating and leading SWAT Team that works with division purchasing leadership to ensure implementation of 2nd Story Initiatives to include
- Key team member responsible for development of should cost targets and bench mark pricing for all divisions
- Demonstrate thought leadership related to the identification, implementation and continuous improvement of sourcing best practices, systems and processes
- Establish relevant internal and external communication to ensure effective management and tracking of initiatives and processes
- Ensure that the right talent is in place to achieve strategic targets by dedicating time and resources to staffing, talent management and capability building
- Ensure strategies are delivered across the organization through measurement and reporting of internal results, along with identifying and enabling pathways to reach objectives through resource re-allocation, short term target adjustments
- Continually monitor user needs and behaviors and work proactively to provide required products and services by liaising with users and vendors
- Must have ability and training to effectively analyze data
- Logistics (Small Parcel, Ocean / Air/ Ground freight)
- Bachelor’s degree in Accounting/Accountancy with 6 months – 1 year experience in related field
- Minimum of 7 years of procurement experience required
- InDirect Procurement experience preferred
Strategic Procurement Job Description
- Trains team to work with Sales to analyze upcoming projects by identifying and resolving potential material roadblocks
- Negotiates supplier contracts, when appropriate, to manage suppliers/vendors
- Tracks and reports revenue for the development of specifications for projects and material costing per campaign
- Interfaces with Materials Management, Quality Control and Quality Assurance to resolve issues and to streamline procedures and create efficiencies in the Supply Chain
- Liaises between end users
- Manages order quantities/timing to most effectively utilize the WIP cages and warehouse storage given the limited storage space constraints
- Assist in procurement process transformation (needs analysis, current vs future state, data analysis, process improvement execution etc)
- Delivering 'best in class' procurement function
- Oversee indirect sourcing spend within IT
- Understanding business needs and aligning sourcing strategy
- 4+ years demonstrated management experience, procurement departments preferred
- Automotive and aerospace procurement experience preferred
- Working in larger spend companies
- Procurement related degree desired, Master’s or MBA degree a plus
- Experience with enterprise procurement systems a plus
- 8-10 years experienced procurement professional at the enterprise level