Job Title : Sr Procurement Specialist
Posting Start Date : 10 / 8 / 25
Job Description : Position Information
$68,640.00 - $114,660.00 annually
The base salary range represents a good faith salary range for this position. This position is eligible for annual incentive pay and has the opportunity for continued salary growth. If you are hired at American Water your base salary compensation will be determined based on factors such as market, geography, skills, education, and / or experience. At American Water, we are committed to pay equity.
In addition to compensation, you will be offered a comprehensive benefits package including 401(k),Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits, health and wellness programs and much more!
American Water is also proud to offer employees learning opportunities and work experiences to grow professionally!
Primary Role
The Senior Procurement Specialist manages the sourcing of goods, services, and projects while continuously identifying and implementing opportunities to lower total cost of ownership. This position performs services on high level capital and expense categories or may manage a category of goods and services spend between $100 and $175M per year. This position is expected to make a contribution to meeting company total cost of ownership reduction goals.
Key Accountabilities
- Prepare bid packages, statement of work documents, and requests (RFP / RFI) according to specifications and business requirements while supporting business with all commercial needs including dispute resolution and contract interpretation
- Build, lead, and maintain development of sourcing strategies from project identification through close-out including alternative sourcing options
- Negotiate complex commercial agreements within assigned categories in partnership with internal stakeholders, including legal and risk departments
- Build and maintain Supplier / Contractor relationships with the objective of reducing total costs, increasing productivity, and eliminating inefficiencies in the supply chain
- Lead cross functional teams to develop and implement category and supplier initiatives resulting in process efficiencies, total cost of ownership (TCO) savings in line with business goals
- Drive use of spend analytics and market research in order to develop profiles for assigned category(s)
- Drive development of KPI's for both supplier and category performance while using subject matter expertise and supplier industry knowledge to establish "should cost" models, identify opportunities, and drive supplier negotiations
- Drive collaborative relationships with business, state leadership and business operations management in order to gather feedback, understand issues, recognize opportunities, and influence category strategies
Knowledge / Skills
Analytical problem-solving skills to produce best product / service at lowest total cost of ownership within required time framesBusiness acumen to analyze commercial business, procurement issues and risk management issues with continuous improvement mindsetExperience negotiating commercial terms and conditionsKnowledge of sourcing strategies, and methodologies related to goods and services procurementAbility to communicate effectively verbally and in written presentation formAbility to work in a collaborative team environment within Supply Chain and with other internal stakeholdersKnowledge of SAP (Preferred)Extensive knowledge and experience in Microsoft Office ProductsUnderstanding of Lean / Six Sigma concepts and toolsAbility to work on multiple assignments effectivelyKnowledge of relevant supply markets and understanding of sources of supply market intelligenceExperience analyzing industry trends and conditions to inform sourcing strategiesKnowledge and ability to utilize e-procurement tools effectivelyExperience / Education
Bachelor's degree in Business, Supply Chain, Finance, Engineering or related disciplines or equivalent combination of education and experienceCPM or CPSM preferred - Other supply chain certifications a plusMinimum 6 years' total work experienceMinimum 4 years' of procurement or category management experienceUtility procurement experience a plusExperience working in matrixed organizationsTravel Requirements
Travel Required 10-20%Work Environment
Indoor office environmentOther
Competencies
Champions safety
Collaborates
Cultivates innovation
Customer obsessed
Develops Talent
Nimble learning