Sr Procurement Specialist

Job Title: Sr Procurement Specialist Department: Supply Chain Country: United States of America State/Province: Arkansas City: Lowell Full/Part Time: Full time Job Summary: Under general supervision, the incumbent has responsibility for strategic operations of J.B. Hunt's portfolio of the highest complexity and largest capital expenditures and other corporate spending. Under leadership direction, the incumbent will partner with the business to maximize company value by procuring goods and services through effective procurement practices, meeting business requirements, managing supplier relations, practicing innovative negotiation and buying methods, and efficiently paying suppliers according to agreed terms. Job Description: Key Responsibilities: • Manage and strategically source spend categories across all business units • Demonstrates leadership by acting as a subject matter expert, mentoring junior staff, and leading new procurement projects by planning, conducting meetings, and driving project timelines to accomplish department and project deliverables across divisions • Develop individual and group training designed to share robust knowledge and collateral suitable for wide dissemination • Plan and drive procurement projects including conducting meetings and monitoring project timelines to accomplish department and project deliverables across multiple divisions • Design and implement manual and automated procurement operational processes by leveraging the Company procurement technology platform • Research industry best practices and sourcing categories through continual education and industry resources including trade publications to provide subject matter expertise • Develop and maintain long term strategic relationships with key stakeholders to ensure an effective collaborative working environment where procurement is viewed as an advocate for the business • Determine least cost solution by working with category owners on requests for information (RFIs) or requests for proposals (RFPs) to ensure that the company is getting the right products or services over $1,000,000 • Analyze company spend data from company procurement and financial systems to identify potential larger strategic sourcing projects and produce effective spend data analysis • Provide advanced spend analytics at various levels to support strategic sourcing opportunities • Provide regular reporting and analysis to stakeholders regarding the company's procurement activities, spend profile, savings results, and risk mitigation activities • Direct systems implementation including user testing, integration testing, and process documentation • Maintain expert-level knowledge of all existing capabilities to ensure maximum leverage of technology investments • Implement procurement related technology solutions, including, where applicable, contract management, inventory management, catalog management, procurement operations and administration, as well as interfacing with all upstream or downstream systems, such as accounts payable • Ensure compliance to the laws, regulations, and ethical standards set by the company and applicable regulatory agencies • Ensure system data integrity through appropriate internal controls • Create and define system controls and reporting to monitor/ensure compliance with P2P policies and best practices • Establish and periodically review strategic P2P processes to ensure effective lifecycle operations • Provide accurate, efficient, user-friendly procurement services to the company, including P2P and supporting transactional services, such as an online catalog system, contract compliance validation of invoices, and invoice processing automation • Ensure strategic suppliers are performing to their contracted obligations and meeting business unit expectations • Ensure well planned and seamless transition of negotiation/contracting phase to implementation phase • Manage highly complex/nuanced contract negotiations and renewals to minimize business risks and costs • Create, review and consult on key supplier performance indicators into contracting strategies and make recommendations to key stakeholders • Manage the strategic sourcing process, including stakeholder management, spend analytics, preparation and execution of negotiations, and development of final supplier recommendations • Ensure sufficient business unit support for sourcing strategies and category/supplier implementation plans • Establish procurement operational specifications by working with key stakeholders and others to analyze and refine business requirements (demand, cost, quality, service) Qualifications: Minimum Qualifications: High School Diploma or GED equivalent with 5 or more years of experience in procurement and supply chain management Preferred Qualifications: Bachelor’s Degree in Business Administration, Finance or Logistics AND 5 or more years of experience in procurement and supply chain management Ability to manage the end to end procurement process Experience conducting RFx events Experience in reviewing and negotiating contracts and license agreements for goods and services Experience in spend optimization and consolidation Experience in supply chain market research and analytics Experience with spend analytics, strategic sourcing, supplier management, negotiation, and category management Expert-level experience with Microsoft Office Programs, specifically Excel, and ability to leverage where necessary other reporting and analysis tools Expert-level financial, quantitative, and analytical skills Expert knowledge of strategic sourcing methodology and process Experience with extracting data from structured and unstructured data sources Experience with one or more enterprise procurement systems. Education: Bachelors: Business Administration/Management, Bachelors: Finance, Bachelors: Supply Chain Management, Bachelors: Transportation Logistics, GED (Required), High School (Required) Work Experience: Purchasing/Procurement Certifications: Job Opening ID: 00429276 Sr Procurement Specialist (Open) “This job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.”