Senior Procurement Specialist
SubaruAbout the role
- Leads strategic sourcing initiatives including Request for Information (RFI), Request for Proposal (RFP), and Request for Quote (RFQ) processes for assigned categories.
- Collaborates cross-functionally with internal stakeholders and suppliers to align procurement goals with business objectives.
- Negotiates and facilitates contract management process, ensuring compliance with procurement policies and timely renewals.
- Identifies, evaluates, and recommends both existing and new suppliers to align with evolving business needs.
- Conducts in-depth analysis to make informed sourcing decisions, supplier selections, and to understand competitive cost structures and market innovation for assigned categories.
- Offers alternative sourcing approaches or supplier recommendations to stakeholders, ensuring the selection of best-value partners.
- Works closely with internal business partners to develop, review, and execute contracts, ensuring timely renewals and strict adherence to internal policies.
- Maintains responsibility for approximately $500 million in total spend.
- Tracks internal procurement performance and benchmark against industry standards to identify continuous improvement opportunities.
- Works closely with external business process outsourcing (BPO) partners for tactical procurement activities.
- Assists in the evaluation and implementation of sourcing and procurement systems.
- Completes special projects as needed.
- Bachelor's Degree in business, supply chain, logistics, or a related field required
- Preferred: Master's Degree in business, supply chain, logistics, or a related field preferred
- At least 4-6 years of relevant work experience required And
- At least 4-6 years of strategic procurement experience managing one (1) or more of the following categories: marketing, logistics, information technology (IT), and/or facility services preferred
- Direct experience with Request for Information (RFI), Request for Proposal (RFP), and Request for Quote (RFQ) processes.
- Proven expertise in negotiating and establishing contracts.
- Ability to build relationships with suppliers and internal stakeholders.
- Demonstrated ability to optimize category performance and costs. Preferred
- Skilled in cross-functional collaboration and educating business partners on the procurement policy and processes.
- Experience with enterprise resource planning (ERP) and contract lifecycle management (CLM) systems such as Oracle and Ironclad Preferred
- Proficient with Microsoft Office.
- Preferred: Non Clinical\CPM - Certification By The Institute For Supply Management
EDUCATION & EXPERIENCE REQUIREMENTS: Bachelor’s degree and 4 to 6 years of progressive experience required. Master's Degree in business, supply chain, logistics, or a related field preferred
WORK ENVIORNMENT
- Office Location: Camden, NJ apart of the Greater Philadelphia Area (Philly)
- Hybrid Role: Hybrid Role - Remote work 2 days per week (after 90 days) [Wednesdays & Fridays]
- Required Travel: 10%
COMPENSATION: The recruiting base salary range for this full-time position is $72000 - $95000 / year. Within the range, individual pay is determined by factors, including job-related skills, experience, and relevant education or training. Additionally, this role is bonus-eligible, with a target bonus percentage that provides an opportunity to earn even more based on your performance. (Internal Job Grade: P2)
WHY JOIN US? In addition to competitive salary, Subaru offers an amazing benefits package that includes:
Total Rewards & Benefits:
- Medical, Dental, Vision Plans
- Pension, Profit Sharing, and 401K Match Offerings
- 15 Vacation days, 5 Floating Holidays, 5 Sick days, and 9 Company Holidays
- Tuition Reimbursement Program: $15,000 yearly benefit
- Vehicle Discount Programs
Learning & Development:
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