Procurement Specialist

1 day ago Be among the first 25 applicants Grand Isle Shipyard (GIS) is a premier oil and gas services company providing solutions to the energy sector. We specialize in offshore construction, onshore construction, and maintenance services. With over 75 years of experience, we pride ourselves on our commitment to excellence, safety, and innovation. We are expanding our team to continue driving growth of our fast-paced industry. Position Summary: The Category Specialist plays a pivotal role in holistically optimizing supply chain strategies. This position involves conducting market analysis, developing category strategies on spend, and managing supplier relationships to drive cost efficiencies while maintaining operational performance. By leveraging data-driven insights, ensuring alignment with project goals, and sustainability initiatives, the specialist fosters collaboration across functional teams. Key Responsibilities: Market Analysis Research and Insights: Conduct in-depth analysis of market trends, competitor activities, and emerging technologies relevant to the assigned categories, such as construction materials, equipment, or services. Forecasting: Utilize analytical tools to forecast future market conditions and their potential impact on procurement strategies. Category Strategy Development Strategic Planning: Collaborate with stakeholders to define short-term and long-term objectives for each category, considering factors like cost, quality, and delivery timelines. Implementation: Develop action-able plans that include supplier selection criteria, sourcing timelines, and performance metrics. Supplier setup as needed. Supplier Management Supplier Evaluation: Assess potential suppliers through comprehensive evaluations, including site visits, financial stability assessments, and performance reviews. Contract Negotiation: Assist in negotiations with suppliers to secure favorable terms, pricing, and service levels, ensuring alignment with business objectives. Cost Analysis Cost Breakdown: Analyze the total cost of ownership (TCO) for products and services within each category, identifying areas for potential savings. Compare costs against industry benchmarks to ensure competitive pricing and identify opportunities for negotiation. Data Management: Ensure that all procurement data, including supplier contracts, pricing agreements, and market research, is accurately documented and easily accessible. Reporting Tools: Leverage technology and analytical tools to create dashboards that visualize category performance metrics for stakeholders. Performance Metrics: Develop key performance indicators (KPIs) to measure category success, such as savings realized, supplier performance ratings and scorecard, and procurement cycle times. Team Engagement: Work with project managers, engineers, and other business stakeholders to ensure that the category strategies meet operational needs and project requirements. Feedback Loop: Establish a feedback mechanism to continuously gather insights from internal teams regarding supplier performance and category effectiveness. Continuous Improvement Process Review: Regularly evaluate category management processes and identify areas for improvement to enhance efficiency and reduce costs. Risk Assessment: Identify potential risks related to supplier reliability, market volatility, and geopolitical factors, assessing their impact on the supply chain. Mitigation Strategies: Develop contingency plans to address identified risks, ensuring supply chain resilience. Training and Support: Provide training sessions and workshops for colleagues on category management principles, tools, and technologies. Key Performance Indicators Cost Savings Category Spend Analysis Qualifications: 3-5 years of experience in procurement, sourcing, or a category specialist role. Bachelor’s degree in supply chain management, Business, Procurement, or a related field. Experience with ERP and procurement systems (SAP, Oracle, Ariba, etc.) preferred. Strong negotiation and supplier management skills. Analytical mindset with experience in spend analysis and market research. Ability to work cross-functionally with multiple departments. Excellent communication and stakeholder management skills. Proficiency in Microsoft Excel and data visualization tools. Detail-oriented with strong problem-solving abilities. Physical Requirements: Work Environment: This job operates in a professional office setting. The role may require occasional travel. Physical Demands: This role requires the ability to sit for extended periods while working on a computer. Ability to occasionally lift and carry up to 20 pounds. EEOC Statement: Grand Isle Shipyard (GIS) is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Seniority level Seniority level Associate Employment type Employment type Full-time Job function Job function Purchasing and Strategy/Planning Industries Oil and Gas and Services for Renewable Energy Referrals increase your chances of interviewing at G.I.S. by 2x Inferred from the description for this job Medical insurance Vision insurance 401(k) Disability insurance Get notified when a new job is posted. Sign in to set job alerts for “Procurement Specialist” roles. 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