Procurement Specialist
Overview
As a Procurement Specialist, you'll get to source suppliers and products for our core business operations, fulfilling the task of a buyer negotiating terms with vendors, ensuring adherence to outlined terms and conducting on-going cost analysis to confirm relationships are in the company's best interests.
Shift: This is a Hybrid role based in our Houston Offcie near the West Houston Energy Cooridor
What You'll Do
• Identify and interview potential suppliers
• Research and negotiate terms with suppliers such as price, quality of products, deadlines, expectations, etc.
• Develop sourcing lists for various commodities to support the development of requests for information
• Skilled in budget management, cost analysis, and P&L impact
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• Calculates ROI, cost savings, and total cost of ownership
• Makes analytics-based decisions with strong financial modeling
• Must be able to develop tiered vendor KPI's and hold them accountable to agreements
• Liaise with suppliers and operational procurement managers regarding updates and details of goods or services in the pipeline
• Create purchase orders and tally these with supply requests and orders
• Analyze invoices to ensure accuracy of goods delivered
• Monitor inventory to ensure the flow of goods remains positive
• Attend meetings and provide cost analysis to ensure any contracts are favorable to the company
• Ensure venders are sustainable and fully endorsed via our national vendor selection process
• Work closely with the internal project team to understand the details of procurement requirements
What You'll Need
• Bachelor's degree in Supply Chain Management or a related discipline is required; equivalent experience may be accepted in lieu of a degree
• 3+ years in strategic procurement experience
• Negotiates contracts and pricing with a focus on cost optimization
• Deep understanding of end-to-end procurement processes
• Complex understanding of wood/steel pricing index and relationship building methodology
• Complex understanding of tractors, trailers and forklift industry, components evaluation
• Experience in multi-location corporate procurement
• Indirect category expertise (MRO, transportation, services)
• Familiarity with national vendor programs and B2B management
• Must be proficient in basic office software applications (such as Word, Excel, Outlook)
• Must exercise good judgment in safeguarding confidential or sensitive information and adhere to high standards of confidentiality and honesty
• Ability to Identify problems, analyze alternatives, and develop viable recommendations
What We Offer
• Competitive Pay
• Holiday Pay
• Referral Bonuses
• Long-Term Career Advancement
• Paid Time Off
• Medical, Dental, Vision, Basic Life, AD&D, and Short-Term & Long-Term Disability insurance for Eligible Full Time Employees
• 401(k) Retirement Plan
• Great Team Environment
What It's Like
48forty Solutions is the largest pallet management services company in North America! We provide end-to-end pallet solutions, from supply to retrieval, on-site services, reverse logistics, and packaging materials. We are truly Pallet Management Made Simple, our workforce is the heart and soul of our business, and we're looking for our next Procurement Specialist to join our team!
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
- The employee will be working in an office environment and will be required to sit for long periods of time at a desk working on a laptop
- The noise level in the work environment is usually moderate
Pay Range
USD $60,000.00 - USD $70,000.00 /Yr.
Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
Parental Benefits
- Birth Parent or Maternity Leave
Work Flexibility
- Hybrid Work Opportunities
Office Life and Perks
- Casual Dress
- Happy Hours
- Some Meals Provided
- Company Outings
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
Financial and Retirement
- 401(K) With Company Matching
- Performance Bonus
- Financial Counseling
Professional Development
- Leadership Training Program
- Promote From Within
Diversity and Inclusion
- Employee Resource Groups (ERG)