Position Overview:

We are seeking a highly skilled and detail-oriented IT Procurement Specialist to join our team. As an IT Procurement Specialist, you will play a crucial role in managing the procurement process for all IT-related goods and services within our organization. Your primary responsibility will be to ensure the timely and cost-effective acquisition of IT equipment, software, licenses, and services while maintaining compliance with organizational policies and industry regulations. The ideal candidate will possess strong negotiation skills, a deep understanding of IT products and services, and a proven track record in procurement operations.

Responsibilities:

• Purchase Planning: Collaborate with internal stakeholders to determine IT procurement needs, create purchase requisitions, and develop procurement schedules to ensure timely delivery of goods and services.
• Purchase Facilitating: Lead efforts to maintain inventory levels of IT goods, services, and materials on a regular basis.  Ensure all products and services meet company standards.
• Budget Management: Monitor IT procurement budgets, track expenditures, and identify cost-saving opportunities while ensuring adherence to allocated budgets.
• Compliance: Ensure compliance with organizational policies, procurement regulations, and legal requirements related to IT procurement activities.
• Risk Mitigation: Identify and mitigate potential risks associated with IT procurement processes, including vendor reliability, product quality, and cybersecurity concerns.
• Documentation and Reporting: Maintain accurate records of procurement activities, prepare reports, and provide periodic updates on procurement status, cost savings, and vendor performance.

Qualifications:

• Education: Bachelor's degree in Business Administration, Supply Chain Management, Information Technology, or a related field. Relevant certifications (e.g., Certified Professional in Supply Management, Certified Purchasing Professional) are a plus.
• Experience: Minimum of 5 years of experience in IT procurement, purchasing, or supply chain management, preferably in a corporate environment.
• IT Knowledge: Solid understanding of IT products and services, including hardware, software, licenses, cloud services, and emerging technologies.
• Procurement Skills: Demonstrated expertise in procurement strategies, supplier management, contract negotiation, and cost analysis.
• Communication: Excellent verbal and written communication skills, with the ability to collaborate effectively with internal stakeholders and external vendors.
• Analytical Thinking: Strong analytical and problem-solving abilities, with the capacity to identify and assess potential risks and develop appropriate mitigation strategies.
• Attention to Detail: Meticulous attention to detail and accuracy in managing procurement processes, documentation, and financial records.
• Organizational Skills: Ability to prioritize tasks, meet deadlines, and manage multiple procurement projects simultaneously.
• Software Proficiency: Proficient in using procurement management software, enterprise resource planning (ERP) systems, and Microsoft Office Suite (Word, Excel, PowerPoint).

Benefits

• Medical, Dental, Vision and Prescription Drug Coverage

• Spending accounts (HSA, Health Care FSA and Dependent Care FSA)

• Paid Time Off and Holidays

• 401k Retirement Plan with Matching Employer Contributions

• Life and Accidental Death & Dismemberment (AD&D) Insurance

• Paid Leaves

• Tuition Assistance

About Regal Rexnord

Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powe