Procurement & Contract Specialist
Coppell, TX - USA
Job Summary
JOB SUMMARY
The Procurement and Contract Specialist serves as a Procurement resource for assigned indirect procurement engagements and commercial contracting activities across multiple business functions. This position manages procurement activities from initial engagement through contract execution and implementation working closely with business stakeholders suppliers Legal Risk Management Finance and other cross-functional partners to help ensure timely and effective execution of business initiatives.
The position independently manages routine and moderately complex indirect procurement engagements including commercial negotiations contract development vendor onboarding and cross-functional coordination while supporting multiple concurrent business initiatives and ensuring timely execution. Competitive sourcing activities are performed when appropriate to support business objectives.
ESSENTIAL FUNCTIONS
Partner with business stakeholders to understand business requirements project objectives implementation timelines and supplier needs.
Work collaboratively with the Senior Manager Indirect Sourcing to support high-priority business initiatives by independently managing assigned procurement engagements and helping ensure timely commercial execution.
Manage assigned procurement engagements from initial request through contract execution and implementation.
Manage routine and moderately complex procurement initiatives including competitive sourcing activities when appropriate.
Negotiate commercial terms pricing payment terms service levels warranties and implementation commitments within established Procurement guidelines.
Coordinate contract drafting commercial review negotiations approvals and execution with Legal Risk Management Information Security Finance Procurement team and business stakeholders.
Drive assigned procurement engagements to completion by proactively coordinating activities resolving issues and maintaining communication with business stakeholders.
Coordinate supplier onboarding implementation activities and transition to ongoing business support.
Maintain procurement documentation contract files project status and supporting records within Procurement systems.
Provide timely project status updates and communicate risks or issues.
Escalate complex high-risk or executive-level matters to the Senior Manager.
Identify opportunities to improve procurement responsiveness execution and business support.
Working Relationships
Business Owners
Legal
Finance
Risk Management
Information Security
Accounts Payable
Treasury
Role Within Procurement
Serve as a Procurement resource responsible for driving assigned procurement engagements from request through contract execution and implementation.
Manage multiple concurrent procurement projects while maintaining responsiveness to business priorities.
Facilitate timely execution through effective coordination issue resolution and cross-functional communication.
Work collaboratively with Procurement team members to ensure efficient workflow documentation and process execution.
Exercise sound business judgment while appropriately escalating complex or high-risk matters.
Financial Planning & Analytics
Improve budgeting and forecasting processes through driver-based planning.
Develop rolling forecasts and scenario planning capabilities.
Improve forecast accuracy through predictive planning.
Deliver executive dashboards and KPI reporting.
Support strategic decision-making through meaningful financial insights.
QUALIFICATIONS
Bachelors degree in Business Supply Chain Procurement Finance or a related discipline (or equivalent combination of education and experience) with 25 years of progressive experience in indirect procurement sourcing contract administration or supply chain.
Demonstrated experience negotiating commercial agreements managing contract development and coordinating procurement engagements through execution.
Experience supporting indirect procurement across multiple business functions.
Strong communication organizational project management analytical and problem-solving skills.
Ability to manage multiple priorities in a fast-paced environment.
Preferred
Retail or multi-location business experience.
Professional certification in procurement supply management contract management or project management (e.g. ISM CPSM NCMA CPCM PMP).
Experience with procurement and/or contract lifecycle management systems.
Experience supporting competitive sourcing events RFPs and supplier negotiations.
Measures of Success
Serve as a trusted Procurement partner for assigned procurement engagements proactively communicating status identifying obstacles and driving timely resolution of issues.
Deliver timely procurement and contracting support.
Successfully manage multiple concurrent procurement engagements.
Drive commercial agreements to timely execution.
Maintain strong relationships with business stakeholders and suppliers.
Effectively coordinate cross-functional reviews and approvals.
Exercise sound business judgment and appropriate escalation.
Contribute to improved business responsiveness commercial execution and Procurement effectiveness.
WORK LOCATION DETAILS
Work Location: Home Office - Coppell TX
Work Schedule: Hybrid
Onsite: Tuesdays Wednesdays and ThursdaysWork from Home: Mondays and Fridays
Required Experience:
IC
About Company
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