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

• Sourcing: Lead multiple sourcing events across categories under Luminant Fossil Operations; analyze spend and develop cost savings estimates; work with key stakeholders and Sourcing Managers to gather business and technical requirements (scope of work); conduct market analysis to profile the commodity based on business value and buyer influence.

• Contracting & Procurement: Conduct supplier negotiations, including negotiating commercial and legal terms; draft, implement and manage contract expirations, renewals, amendments, terminations, etc.

• Supplier Relationship Management: Develop and manage Suppliers capable of meeting safety, quality, cost, timing and technology expectations; communication with internal stakeholders regarding their needs for materials and service, their perspective on supplier performance, etc.; conduct regular business reviews with Suppliers to address any performance improvement plans, savings opportunities, innovation, market trends, etc.

• Supplier Diversity: Support and promote Vistra's supplier diversity program.

Education, Experience & Skill Requirements: 5+ years managing large sourcing events and negotiating commercial & legal terms; demonstrated problem-solving and strong analytical skills – able to construct/execute multiple analyses (e.g. TCO, NPV; cost-price analyses) simultaneously; proficient with Microsoft Word, Excel, PowerPoint; certifications – CPM or CPSM preferred; high school diploma or equivalent; experience gained through college degree programs and/or certifications is applicable to above skills.

Key Metrics: Responsible for the timely and efficient procurement of equipment, materials, supplies and services for categories managed within Luminant Fossil Operations; accountable for the creation of real value, including price savings, supplier productivity, and potential revenue generation through sourcing events and negotiations; lead cross functional teams in supplier sourcing actions and communicate with key stakeholders; maintain accurate data in contracting and purchasing systems; manage contract expirations and renewals.

Job Family: Supply Chain

Company: Vistra Nuclear Operations Company

Locations: Irving, Texas, Texas

It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws.

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