Procurement Consultant

Procurement Consultant

The Procurement Consultant position leads or participates on cross-functional teams to develop and implement Venerable sourcing strategies for medium complexity transactions. This includes but is not limited to : medium level contract drafting and contract negotiations, contract execution; and high level supplier, commodity, and contract management, processing purchase requests, creating workspaces in the contract management platforms for applicable contract activities; market analysis; supplier selection.

Principle Responsibilities :

• Recommend sourcing methodologies and processes to achieve Venerable's and specific business unit's strategic plans.
• Drive action across functional organizations and across business units to affect policies, practices, processes and procedures having an impact on revenue and profitability.
• Provide direction for procurement and contract activities for assigned sourcing.
• Lead the implementation / execution of proposals (RFX), strategies, initiatives, contracts / programs for medium complexity, medium risk transactions. Understand spend analytics required to support the strategic objectives.
• Keep apprised of market trends utilizing information for business improvement.
• Research vendor capabilities; identify candidates for consideration.
• Track all contracts in a central repository, consistent with department procedures.
• Track cost savings, cost avoidance and increase spend, recommend efficiency gains.
• Communicate contract process and progress with stakeholders for visibility; support implementations.
• Maintain excellent relationships with all internal and external stakeholders focusing on a balance of assertiveness, tact, business acumen and diplomacy.
• Act as a sourcing resource to organization across multiple functions, divisions and geographic locations.
• Managing intake and processing of requisitions as required to be compliant with Procurement Policy and Procedures.
• Other duties as assigned.

Knowledge, Skills, and Abilities :

Venerable Values :

We are Courageous - We think critically, ask "why?" and seek out creative solutions.

We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking.

We are Connected - We are connected to each other, our customers and our community.

The use of AI tools (such as ChatGPT or similar platforms) during interviews is not permitted without the prior approval of Venerable, as the use of such tools may interfere with company confidentiality, misrepresent a candidate's skills and experience or otherwise conflict with Venerable's hiring policies. If you are selected for an interview and a reasonable accommodation is needed, please notify the Venerable Human Resources recruiter aligned to the open position in which you are interviewing for.

If Venerable, in its sole discretion, determines that AI is being used during an interview without prior approval, Venerable reserves the right to end the interview early and / or disqualify a candidate.