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Senior Procurement Specialist
2 months ago
Reporting to the Category Manager, Procurement and Supply Management (P&SM) of the locomotive's category cluster, the Senior Procurement Specialist will support the development, analysis, and execution of innovative procurement strategies that deliver sustainable enterprise value, including achievement of cost reduction targets. The Senior Procurement Specialist will also monitor the delivery of key contracts, capture of financial savings through negotiation of contract terms, conditions, and monitoring of supplier performance.
Main ResponsibilitiesProcurement Management
- Interact with internal stakeholders, understand their needs, and promote value creation.
- Conduct data analytics during different stages of the sourcing process.
- Develop the procurement category strategy and supplier market knowledge as it relates to locomotive parts and services.
- Build and manage the RFx process, evaluate supplier responses, and prepare business cases to submit for management approval.
- Negotiate contracts with suppliers (commercial and legal clauses).
- Lead contracts, supplier relationships, and supplier performance.
- Collaborate with Buyers to ensure all rates and agreements are appropriately administered in the Purchase to Pay (P2P) process.
- Ensure that all internal requirements in terms of compliance to procurement policy are met and addressed.
- Participate and support department-wide projects when required.
This position is located in Montreal, Quebec Headquarters, and the reporting structure is to P&SM in Montreal, Quebec, Canada. The role has standard working conditions in an office environment with a regular workweek from Monday to Friday. The role requires occasional travel within North America and abroad.
RequirementsExperience
- Between 4 to 5 years of experience in a similar role.
Education/Certification/Designation
- Bachelor's Degree in Supply Chain Management, Business Administration, Engineering, Law, or equivalent.
Competencies
- Negotiations
- Familiarity with the rail industry, work, and industrial equipment and current on industry trends and business needs.
- Applies critical thinking.
- Understands and displays a customer-centric mind-set to adopt to the customer's requirements.
- Demonstrates active listening.
- Solves problems to create value.
- Communicates with impact.
- Collaborates with others and shares information.
- In-depth knowledge of contract and program management.
- Able to adapt, manage, and perform under pressure with shifting priorities.
- Demonstrates agility and drives change.
Technical Skills/Knowledge
- Extensive knowledge and ability to understand complex contractual Terms and Conditions, Statement of Works (SOW), MOU, LOI types of agreements.
- Extensive knowledge of contractual financial aspects such as NPV, TCO, CPI/PPI, etc.
- Ability to drive innovative analysis to understand the market trends, cost drivers, suppliers, and best practices.
- Strong technical skills related to data tools and presentation of data.
- Knowledge of strategic sourcing best practices.
- Knowledge of P2P.
- Knowledge of supplier performance principles.
- Knowledge of Incoterms, Customs, and documentation required for delivery within North America and international imports.
- Knowledge of commercial aspects of product and service categories.
- Knowledge of rail transportation or logistic industry.
