Procurement Vendor Management
Procurement Vendor Management
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Job Description
Position Summary
Headquartered in Ridgefield Park N.J. Samsung Electronics America Inc. (SEA) is a leader in mobile technologies consumer electronics home appliances and enterprise solutions. From our humble beginnings to our position today as a tech leader our passion for innovation has been the common thread throughout our history. Weve grown into one of THE most recognized global brands. We consider ourselves relentless pioneers that push boundaries and defy barriers. The company pushes beyond the limits of todays technology to provide groundbreaking connected experiences across its large portfolio of products and services including mobile devices home appliances home entertainment 5G networks and digital displays. As EPAs ENERGY STAR Corporate Commitment Partner SEA is dedicated to making a positive impact on the environment through its eco-conscious products practices and operations.People Excellence Change Integrity Co-prosperity
Role and Responsibilities
Vendor Management
- Works collaboratively across the organization with cross-functional internal stakeholders to identify facilitate optimize and help execute the purchase of goods or services and/or manage vendor deliverables for assigned indirect spend categories such as but not limited to goods purchases sales labor warehouse and fulfillment fixture manufacturing and deployment software licenses professional services equipment business process outsourcing various marketing activities general construction and repair and maintenance.
- Build and maintain strong relationships with vendors serving as the primary point of contact for inquiries and issue resolution.
- From time-to-time lead vendor performance remediation activities of assigned categories to monitor KPIs and SLAs compliance to contractual terms and conditions vendor deliverables financial and operational health and develop risk mitigation plans for critical and preferred vendors.
- Support negotiations of contracts terms and pricing with vendors to ensure favorable conditions and compliance with company policies.
- Communicate Samsung vendor policies and provide a point of escalation for the business related to company policies and processes.
- Manage end-to-end vendor onboarding process including collection and verification of essential documentation provide necessary training and orientation to ensure vendors understand company policies and processes and work with internal stakeholders and teams to complete onboarding activities in a timely manner.
- Cultivate expertisein vendor management principles and best practices toinfluence and collaboratewith cross-functional teams particularly financial and operational partners ensuring alignment and seamless support for strategic vendor initiatives.
- Ensure all vendor-related activities adhere to regulatory and company standards mitigating potential risks.
Indirect Category Management
- Have ability to lead strategic sourcing projects from start-to-finish including but not limited to development and implementation of proper sourcing approach (RFI RFQ RFP etc.) for specific goods/services based on complexity business needs risk and timelines; vendor identification/research; category/market research; applicable data analysis; and cost baseline development.
- Lead or support complex RFx activities involving comprehensive scope and questionnaire developmentin collaboration with stakeholders identify appropriate vendor KPIs or SLAs drive and deliver on project timelines and perform offer analysis and bid scenario evaluation including comparing costs to baseline in order to identify the best vendor proposal based on business requirementsand negotiate favorable contract terms.
- Perform complex data analysis to identify new sourcing and other cost optimization opportunities in order to generate cost savings for spend categories.
- Proactively establish a reputation as the go-to expert utilizing deep knowledge to provide guidance resolve complex issues and foster a culture of continuous improvement withing this role to the organization.
Skills and Qualifications
Minimum Qualifications
- A Bachelors Degree in Supply Chain Finance/Accounting Business Administration or a related field from a four-year college or university.
- 4 years purchasing experience (or equivalent) in a Procurement Category Management Strategic Sourcing and/or Vendor management role.
- Proven collaborator with the ability to work with all levels and functions.
- Knowledge and understanding of multi-step Category Management and/or Strategic Sourcing processes.
- Strong ability in project management and to assess impact of a given project: planning organizing and prioritizing multiple complex assignments and projects.
- Strong multi-tasking skills along with excellent analytical negotiation written and oral communication skills.
- Proven ability to influence others and drive meaningful change results.
- Leverage a data-centric approach to influence diverse stakeholders and drive cross-functional alignment ensuring solutions meet critical business needs.
- Must be a strong team player and demonstrate adept interpersonal and excellent collaborative skills in order to maintaining excellent working relationships with multiples levels within the company.
- Ability to work independently take initiative and has strong prioritization skills to manage multiple projects simultaneously and keep high level of focus.
- This position demands a high degree of ethics and professionalism to ensure control of the companys expenditures.
- In-depth use and knowledge of Microsoft Office Suite (e.g. Excel Word PowerPoint).
Preferred Qualifications:
- Masters degree or industry recognized certification highly preferred.
- Industry recognized credentials or certifications (CPSM ACSM etc.).
- Demonstrated ability to drive process improvements and optimize costs.
- Some experience with or understanding of the retail industry.
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Life @ Samsung - @ Samsung - full-time employees (salaried or hourly) have access to benefits including: Medical Dental Vision Life Insurance 401(k) Employee Purchase Program Tuition Assistance (after 6 months) Paid Time Off Student Loan Program (after 6 months) Wellness Incentives and many addition regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation based on company division and individual performance.
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At Samsung we believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We aim to create a global team where everyone belongs and has equal opportunities inspiring our talent to be their true selves. Together we are building a better tomorrow for our customers partners and communities.
* Samsung Electronics America Inc. and its subsidiaries are committed to employing a diverse workforce and provide Equal Employment Opportunity for all individuals regardless of race color religion gender age national origin marital status sexual orientation gender identity status as a protected veteran genetic information status as a qualified individual with a disability or any other characteristic protected by law.
Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process
Samsung Electronics America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application you have a disability and require a reasonable accommodation in order to participate in the application process please contact our Reasonable Accommodation Team ) or for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.
Employment Type
Full-Time
