Procurement Specialist

Procurement Specialist

The Procurement Specialist is responsible for driving savings and implementing contractual protections for the company. Tasks include leading sourcing events as well as facilitating the contracting and procurement processes. A solid knowledge of all aspects of the sourcing, contracting and procurement processes is required. The position is expected to work with key internal and external stakeholders to gather requirements, conduct spend analyses, perform market and supplier analysis, facilitate the bid / proposal process, develop and use supplier evaluation criteria, conduct negotiations, formulate purchase orders and contract documents, manage invoicing exceptions, and manage supplier performance including issue resolution. This position will also coordinate with internal customers to create sourcing strategies that deliver quantifiable savings.

Key Accountabilities

• Draft and negotiate contracts, SOWs, etc. in Vistra's contracting tool, including managing the redlining process
• Facilitate internal stakeholder & legal review, resolving non-standard contract terms
• Manage contract documents on an ongoing basis contract expirations, renewals, amendments, terminations, etc.
• Maintain accurate contract data in contracting and purchasing tools
• Support PO creation and resolution of invoicing exceptions and guide buyers as needed
• Support of emergent procurement needs during after-hours / weekends / holidays on a rotating basis
• Lead sourcing events (bids, RFIs, RFPs) across categories
• Analyze spend and bids and develop cost savings estimates
• Work with key stakeholders and Category Managers to gather business and technical requirements (scope of work)
• Drive supplier selection process using score cards & assessing total cost of ownership
• Support and promote Vistra's supplier diversity program
• Incorporate safety into daily work ethic and buying decision process
• Team with Category Manager on strategies and contracting needs

Education, Experience & Skill Requirements

Key Metrics

Job Family : Supply Chain

Company : Luminant Generation Company LLC

Locations : Irving, Texas Texas