Procurement serp_jobs.h1.location_city

Procurement Specialist

Serves as the subject matter expert in the development of sourcing strategy associated with the procurement of labor, service, material, and equipment needs supporting business unit functions. Understands key business interests of AEP and third parties in the development and writing of the business deal. Applies negotiation techniques and methods to sourcing and contracting objectives. Manages supplier performance, contract compliance, risk, and other areas that support over-arching category management strategies. Leads cross-functional teams and may direct lower level activities associated with sourcing, contracting, or operational efforts.

What You'll Do :

• Procures goods and services with a high value or complex requirements.
• Assesses business requirements, and matches procurement plans accordingly.
• Executes sourcing strategies based on category manager guidance and leading practices.
• Assists Category Managers with category strategy development.
• Leverages market, supplier, and spend analyses to inform category strategies and competitive solicitations (e.g. RFXs).
• Coordinates and leads cross-functional category teams during sourcing events.
• Performs any required contract administration work related to a sourcing event.
• Develops negotiating strategy, and leads negotiations.
• Writes the summary and details for basic to moderately complex contracts, including pricing, business requirements, performance criteria, terms and conditions, and any risk mitigations.
• Establishes effective relationships with business partners and suppliers to support category strategies.
• Works with the Service Center to ensure transactional and customer support services are aligned with category strategies.
• Coordinates with key suppliers and business partners on the delivery of high-value manufactured equipment and materials, including any transportation and storage requirements.
• Manages contract compliance and administration for high-value manufactured equipment and materials including economic price adjustments, replacement programs, and credit programs.
• Leverages contract knowledge to mitigate risks and maximize contract value.

What We're Looking For :

Education : Bachelor's Degree in business, accounting, finance, supply chain, or other related field; (Or) 6 years of relevant work experience

Experience : 5 years of relevant work experience, including experience working with cross-functional teams is required. Supply chain category management experience, preferably within the utility, manufacturing, or construction industry preferred.

Other Must Haves :

Where You'll Work : 1 Riverside Plaza, Columbus, OH 43215

What You'll Get :

Expected Salary Range : $89,000.00-$94,000.00 / Annually (USD)

Compensation Grade : SP20-007

Compensation Range : $85,081.00-106,352.50 USD

The Physical Demand Level for this job is : S Sedentary Work : Exerting up to 10 pounds of force occasionally and / or a negligible amount of force frequently to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time.