Procurement buyer

Title: Procurement buyer
Location: NYC NY
On-site/Remote/Hybrid: Onsite
Duration: 6+ Months
Interview Process: Inperson interview
No of submissions:
No of Positions: 1


Job Description:
Executes sourcing strategies in line with overall business objectives and supports category management methodologies. Utilizes demand management to assess and prioritize internal customer requisitions, typically of a mid to high-level complexity, primarily leveraging RFP go-to market strategies for an assigned portfolio of categories. Responsible for contract creation, administration, and supplier management through contract lifecycle. Works collaboratively with Project Managers, Legal, and other functions as necessary to drive business value, cost savings, and efficiencies.


Accountabilities
Sourcing:
• Reviews and processes requisitions of mid to high-level complexity, dollar amount, criticality and priority independently, using RFP go-to-market strategies.
• Proactively seeks opportunities to consolidate business requirements to leverage spend and create opportunities to create value and cost savings.
• Utilizes demand management to control and track business unit requirements and internal purchasing operations and eliminate waste.
• Collaborates with Project Managers and internal stakeholders to validate SOW content is appropriate and complete.
• Leads cross-functional meetings and collaboration activities across multiple stakeholders.
• Produces high quality award recommendations, summary documentation, or system reference information for each requisition, ensuring detailed spend information is available for future reference.
• Determines how each procurement can contribute to diversity goals.
• Drafts and distributes RFP documentation in accordance with applicable policies and procedures.
• Prepares Board approval paperwork for requisitions that exceed defined $thresholds.
• Drives the RFP process through to completion in a timely manner.
• Initiates advertising for requisitions that exceed defined $ thresholds as required and identifies potential suppliers.
• Evaluates RFP responses, ensuring they are compliant with Clients policies, including pricing analysis.
• Manages award process, collaborating with Legal on contract execution.
• Coordinates distribution and collection of required government forms to awarded supplier.
• Secures relevant market intelligence leveraging program analysts as required to gain further insight on market trends.


Contract Management and Administration:
• Partners with stakeholders and legal teams to negotiate contracts in a timely manner, ensuring inclusion of appropriate commercial and operational terms.
• Develops recommendations for award based upon agreed upon criteria.
• Manages the full contract life cycle, including execution, change management, issue resolution, renewal, and close out.
• Monitors contracts on a routine and as-needed basis to confirm goods and services were delivered and priced as planned, ensures continued compliance to client standards, policies, and procedures. Identifies and resolves past-due POs, match exceptions, pricing and freight charge discrepancies.


Performance Indicators:
• Meets savings and value creation targets.
• Meets diversity spend targets for assigned scope.
• Meets agreed stakeholder requirements.
• chieves high percentage of events planned versus executed.
• Executes assigned requisitions in a timely fashion.


TYPE AND LENGTH OF EXPERIENCE:
• Supply chain management, RFP market strategies, contract writing, negotiations, and contract administration.
• Knowledge of procure-to-pay process and procurement-related policies, procedures, processes and risks, and ability to apply that understanding to daily work.
• Knowledge of ERP Purchasing applications and other procurement-related software.
• Good interpersonal and organization skills, strong attention to detail.
• Works in diverse, cross-functional teams with limited guidance.
• Solicits differing opinions to ensure understanding of complex issues and acts in a manner that builds and maintains trust.
• Solid judgment with ability to learn quickly and adapt to changing circumstances
• Works independently to meet deadlines.
• Strong analytical and problem-solving skills.
• Proficiency in word processing, spreadsheet, and presentation software applications.


About Us:
InterSources Inc , is a Small, Woman, and Minority-Owned Business Enterprise, ISO/IEC 27001, SOC 2 Type 2 certified company with massive 18+ years of diversified experience in providing IT Consulting Services, Artificial Intelligence, Data Analysis, Application Development, Cloud Services, Cybersecurity, Digital Marketing, ERP Management, Custom Software Development, Web Development, UI/ UX Design, System Integration, QA Support etc. We make reasonable accommodations for clients and employees, and we do not discriminate based on any protected attribute including race, religion, color, national origin, gender sexual orientation, gender identity, age, or marital status. We also are a Google Cloud and Oracle partner company.