Procurement Consultant at American Electric Power

Columbus, Ohio, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Utilities, EnergyIndustries

Requirements

Bachelor's Degree in business, accounting, finance, supply chain, or other related field (or) 4 years of relevant work experience
2 years of relevant work experience, including experience working with cross-functional teams
Supply chain category management experience, preferably within the utility, manufacturing, or construction industry (preferred)
Excellent analytical, problem-solving, and time management skills (desired)
Ability to lead multiple projects and initiatives simultaneously
Excellent communication skills (written and verbal) with an ability to communicate with business partners, stakeholders, and suppliers (desired)
Ability to help develop and evolve category management processes and engage suppliers on operational, strategic, and financial issues

Responsibilities

Serves as the subject matter expert in the development of sourcing strategy associated with the procurement of labor, service, material and equipment needs supporting business unit functions
Understands key business interests of AEP and third parties in the development and writing of the business deal
Applies negotiation techniques and methods to sourcing and contracting objectives
Manages supplier performance, contract compliance, risk, and other areas that support over-arching category management strategies
Leads cross-functional teams and may direct lower level activities associated with sourcing, contracting or operational efforts
Procures goods and services with a high value or complex requirements
Assesses business requirements, and matches procurement plans accordingly
Executes sourcing strategies based on category manager guidance and leading practices
Assists Category Managers with category strategy development
Leverages market, supplier, and spend analyses to inform category strategies and competitive solicitations (e.g. RFXs)
Coordinates and leads cross-functional category teams during sourcing events
Performs any required contract administration work related to a sourcing event
Develops negotiating strategy, and leads negotiations
Writes the summary and details for basic to moderately complex contracts, including pricing, business requirements, performance criteria, terms and conditions, and any risk mitigations
Establishes effective relationships with business partners and suppliers to support category strategies
Works with the Service Center to ensure transactional and customer support services are aligned with category strategies
Coordinates with key suppliers and business partners on the delivery of high-value manufactured equipment and materials, including any transportation and storage requirements
Manages contract compliance and administration for high-value manufactured equipment and materials including economic price adjustments, replacement programs, and credit programs
Leverages contract knowledge to mitigate risks and maximize contract value