What are the responsibilities and job description for the Procurement consultant position at MassMutual?
The OpportunityCome Join Us! We have a role which will enable you to work with a dynamic and growing Procurement team. As a Procurement Consultant, you will be responsible for managing supplier relationships, negotiating deals, facilitating sourcing events, and providing directed and independent analytical support for the assigned categories.
You will serve as a procurement subject matter expert for your category, partnering across the business and with other procurement functional areas including supplier diversity, and procurement operations.
A strong mix of analytic, strategic vision, and communication skills will ensure your success.The TeamOn the MassMutual Procurement team, we have a goal to enable MassMutual’s mission and vision by providing the right supplier solution at the right time.
Our mission is to streamline the procurement process, align supplier partners to meet business needs and continuously increase the value provided to our policyholders.
We have embarked on an extensive maturity of our procurement operating model with a focus on standardization, implementing industry best practices and reducing supplier spend.
The Impact : This role focuses on being a subject matter expert (SME) to assigned business groups. The Procurement Consultant partners with business leaders / internal procurement group to meet expectations to make sure that all purchases are smart, timely, cost-effective, and aligned with Procurement policies.
In this role, as well as all roles within MassMutual, you will demonstrate accountability, agility, a dedication to be inclusive, a strong business acumen, and will show courage, even in the most difficult situations.
To accomplish these goals, you will : Drive key sourcing events and negotiations, leveraging the full suite of sourcing capabilities and market analysisBe responsible for managing and negotiating deals for select supplier relationships in the organizationCoordinate with Procurement, Contracting, Spend Analytics, Risk, Diversity, Accounts Payable, Enterprise Risk Management, etc.
to ensure an effective sourcing process and end-to-end supplier management approachChampion third party risk management process compliance and Supplier DiversityPartner with Procurement to develop and execute supplier negotiations strategies to achieve the best value and least risk for the organizationCollaborate with cross-functional teams to ensure key contracting elements, including service level agreement components and evaluation process are aligned and included in the draft contract before passing to Legal for reviewLead supplier onboarding and offboarding activities, including, but not limited to, coordinating supplier training, granting system access and ensuring that the supplier is familiar with their main contacts within MassMutualDetermine and lead appropriate supplier specific ongoing monitoring plan (operational business review meetings, executive oversight meetings, issue management reviews, performance monitoring, contract management reviews, risk management reviews etc.
The Minimum QualificationsB.S. in business or related experience and / or combination of procurement experience. 5 years' experience with procurement and / or sourcing experienceThe Ideal QualificationsB.
S. in business or related fieldsStrong influence skills to encourage leaders from across MassMutual towards positive supplier relationships and results deliveryCourage to influence across the organization for compliance with standards and escalate noncompliance when neededDemonstrated verbal and written communication, change management capabilities, business acumen, project management and leadership skills Ability to lead through transition;
Communicate the vision for the future and provide motivation for people to change; Address questions and resistance to change with confidence and an understanding of what is needed for buy-inExperience in working complex, sourcing projectsExperience creating and leading sourcing activities to realign suppliers in the categoryPossesses a strong understanding and prior working experience in supplier management activities including performance management (SLAs, KPIs etc.
relationship management, contracting and risk managementSeasoned individual capable of handling broad-scope projects with short to medium term focusTeam player who collaborates with business units and functional partners (i.
e., IT, finance, HR, legal)Extensive experience negotiating agreements and managing complex vendor / client relationshipsWhat to Expect as Part of MassMutual and the TeamRegular meetings with the Procurement TeamFocused one-on-one meetings with your managerAccess to mentorship opportunitiesNetworking opportunities including access to Asian, Hispanic / Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource GroupsAccess to learning content on Degreed and other informational platformsYour ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits#LI-MM1MassMutual is an Equal Employment Opportunity employer Minority / Female / Sexual Orientation / Gender Identity / Individual with Disability / Protected Veteran.
We welcome all persons to apply. Note : Veterans are welcome to apply, regardless of their discharge status.If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
Last updated : 2024-02-27
