Procurement Specialist, Supply Chain

The Procurement Specialist supports vendor due diligence, contract negotiations, and procurement processes to ensure third-party relationships align with organizational objectives, performance standards, and compliance requirements. This role coordinates RFPs, contract renewals, and pricing analyses while supporting the development of SLAs, KPIs, and performance guarantees. Additionally, the Procurement Specialist contributes to vendor oversight, third-party risk mitigation, and the maintenance of contract documentation and internal controls to support effective vendor management and protect the organization’s operational and financial interests. Execute and maintain comprehensive vendor risk assessments, due diligence evaluations, and business continuity/disaster recovery documentation to ensure compliance with regulatory standards and organizational risk tolerance. Lead and support complex contract negotiations, executing precise redlines on Master Service Agreements (MSAs), Statements of Work (SOWs), and Business Associate Agreements (BAAs) to optimize commercial terms and mitigate legal and financial exposure. Collaborate with business units to design, implement, and enforce meaningful performance guarantees, SLAs, KPIs, and liquidated damages provisions within vendor contracts. Establish, standardize, and monitor vendor governance and oversight processes to ensure third-party compliance with contractual obligations, security standards, and performance benchmarks. Proactively manage the contract renewal pipeline, conducting market intelligence reviews, total cost of ownership (TCO) analyses, and pricing renegotiations to drive cost savings and operational efficiencies. Maintain a centralized, highly organized procurement and contract repository, ensuring strict adherence to internal controls, delegation of authority limits, and external audit requirements. Bachelor’s level degree or equivalent experience required

• 5 years of progressive procurement, purchasing, sourcing, vendor management, or supply chain experience, including contract administration, supplier negotiations, and procurement systems administration.
• Advanced working knowledge of standard computer applications including MS Word, Excel, Outlook, and PowerPoint
• Ability using a computer which includes expert keyboard and navigation skills and learning new programs
• Communicate clearly and professionally with internal and external customers
• Demonstrate collaborative interactions with peers to reach a common goal as well as be a resource to team members and internal/external customers
• monitor work to ensure quality.
• Act in such a way to instill trust from management, other associates, as well as customers.

Reasonable accommodation can be made to enable individuals with disabilities to perform the essential functions. Constant: Talk, hear, speak, and use hands and fingers to operate a computer, telephone, keyboard/mouse; occasionally move about the office Specific vision abilities required by this job include close vision requirements due to computer work for full shift Occasional: Ability to uphold the stress of occasional travel between offices While performing the duties of this job, the employee is regularly sitting for the full shift. The physical environment is indoors in a controlled climate, office setting.