Procurement Specialist I - JB Hunt Transport (Arkansas)
Job Title:
Procurement Specialist I
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 tactical operations of J.B. Hunt's portfolio of 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 assigned spend categories across all business units
• Assist with individual and group training to disseminate specialized knowledge
• Plan and drive procurement projects including conducting meetings and monitoring project timelines to accomplish department and project deliverables for their assigned division
• Manage manual and automated procurement operational processes by leveraging the company procurement technology platform
• Remain current with industry best practices and assigned spend categories through continuing education and trade publications to maintain subject matter expertise
• Develop and maintain relationships with key stakeholders to ensure an effective collaborative working environment where procurement is viewed as an advocate for the business
• Analyze spend data from company procurement and financial systems to identify potential sourcing for small projects and produce effective spend data analysis
• Provide category spend analytics at various levels to support strategic sourcing opportunities
• Provide regular reporting and analysis to stakeholders regarding their category procurement activities, spend profile, savings results, and risk mitigation activities
• Support systems implementation including user testing, integration testing, and process documentation
• Maintain knowledge of existing capabilities to ensure maximum leverage of technology investments
• Provide support for 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
• Review, update, and ensure system controls and reporting are in place to monitor/ensure compliance with P2P policies and best practices
• Establish and periodically review 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 suppliers are performing to their contracted obligations and meeting business unit expectations
• Assist with the transition of negotiation/contracting phase to implementation phase
• Manage basic contract negotiations and renewals to minimize business risks and costs
• Pursue proactive monitoring and reporting of KPIs to anticipate and minimize supplier performance issues
• Manage spend analytics, preparation and execution of negotiations, and development of final supplier recommendations
• Provide sufficient business unit support for sourcing strategies and category/supplier implementation plans for a limited budget
• Follow procurement operational specifications by working with key stakeholders to gather and analyze business requirements (demand, cost, quality, service)
Qualifications:
Minimum Qualifications:
+ High School Diploma or GED equivalent with 1-3 years of experience in procurement and supply chain management
Preferred Qualifications:
+ Bachelor’s Degree in Business Administration, Finance or Logistics AND 1-3 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 with spend analytics, 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
+ Working knowledge of spend optimization and consolidation
+ Basic knowledge of strategic sourcing methodology and process is a plus
+ Experience with extracting data from structured and unstructured data sources is a plus
+ Experience with one or more enterprise procurement systems is a plus
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:
00396411 Procurement Specialist I (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.”_
Fortune 500 experience. Career growth opportunities. Nationwide relocation possibilities.
These are just a few things you'll find at J.B. Hunt. Whether you have a passion for operations, sales, engineering or information technology, we can help jumpstart your career with challenging opportunities that will help you reach your maximum potential.
Why J.B. Hunt?
We take our investment in you seriously - our future success depends on you. Be an innovator with a leading transportation company and work alongside some of the brightest minds in the industry. At J.B. Hunt, we strongly believe in promoting from within based on performance and potential, the sky is the limit for your career.
What are we looking for?
We look for high-energy, forward-thinking individuals who are interested in a career with a leader in the transportation industry. We seek exceptional people of diverse backgrounds who have the vision to carry our business forward. J.B. Hunt offers a variety of opportunities spanning across the nation.
* This article was originally published here
