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Procurement / Sourcing Manager
Middletown, CT
Find & Apply For Procurement / Sourcing Manager Jobs in Middletown, Connecticut
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Colas Inc. is the corporate office of Colas USA, a materials and heavy highway/infrastructure leader that began operations in 1979 with the acquisition of Barrett Paving Materials. The headquarters office of Colas Inc. is located in Morristown, New Jersey, but our employees also work within our eight (8) subsidiary companies operating throughout the United States from New York to Alaska. The Colas USA Family of Companies provides competitive pay, outstanding benefits, career advancement opportunities, professional education, and extensive training for every employee. We pride ourselves on upholding the highest standards of safety, environmental conservation, and ethical conduct as we strive to grow our infrastructure products and services through empowering and developing our people, fostering innovation, utilizing new technology, and maximizing vertical integration at all levels of the company's value chain. To learn more about the Colas USA Family of Companies, please visit www.colasusa.com . Compensation Annual Salary Range $135,000.00 - $165,000.00 USD based on experience Job Summary The Procurement Manager will lead sourcing and purchasing efforts within their region and will work closely with internal stakeholders to manage the procurement process and strategy within their assigned region and businesses. Responsibilities include a combined individual contribution and team leadership in developing procurement and purchasing resources, finding opportunities through spend analysis, developing sourcing strategies for materials, assets, and services used in the construction industry, creating a Procurement Roadmap, and developing shared goals with the leadership of the region. Main Responsibilities
Manage and develop supplier performance, relationships, and agreements for categories, while collaborating with stakeholders to create a competitive advantage for both the assigned region and Colas USA
Directly manages a team of procurement resources to support procurement and purchasing objectives.
Teach and cultivate members of the team including peers and other non-direct line reports to improve procurement professionalism and performance
Manage cross-functional teams using analysis of historical spend data, market research and cost modeling to identify and leverage high value opportunities that deliver innovative and sustainable value, operational efficiencies, and risk mitigation to the business
Interacts with internal business partners to achieve involvement in procurement and proposal activities
Coordinate sourcing activities with Corporate Procurement
Develop procurement roadmaps in support of your companies' objectives and in line with the Colas USA corporate vision
Develop negotiation strategies for large contracts, work with inside counsel to identify and incorporate appropriate levels of commercial protection, and conduct negotiations to achieve the best possible outcome for both the assigned region and Colas USA
Utilize spend analysis to leverage company spend locally, nationally and globally to ensure financial benefit to the company
Provide market and opportunity analysis to stakeholders
Prepare and negotiate contract terms and conditions for agreements
Analyze contract documents to determine contractual obligations, and preparing recommendations regarding acceptance or modifications
Identification, vetting, and selection of new vendors and services
Establish and maintain professional relationships with suppliers based on the highest ethical business practices.
Act as the primary liaison to suppliers within your marketplace and use market research and spend analysis tools to analyze supplier performance
Maintain P2P compliance for all purchases as set out in the Procurement Policy
Identify and anticipate business needs; develop recommendations and solutions
Develop, manage, and influence implementation of policies related to supplier commitments
Collect, analyze, and develop a sourcing plan and conduct sourcing activities while ensuring delivery and quality requirements are satisfied
Help to identify and manage Key Performance Indicators relevant to procurement activities for their assigned region, report out these KPIs to both area leadership and to Colas USA Corporate Procurement Education
Bachelor's degree required
Master's degree or M.B.A preferred
Minimum 5-7 years of strategic sourcing experience in a large manufacturing environment with exposure to engineering, plant operations, and/or maintenance required
Sourcing experience in indirect, fleet, construction equipment, manufacturing equipment, or services a plus
Experience in Coupa or other S2P platforms a plus Skills
Ability to effectively manage projects across the procurement organization
Ability to lead a team of cross functional procurement professionals to drive strategic vision and performance
Balance of strong negotiation and relationship building skills a must
Experience with spend analysis to develop a sourcing strategy
Ability to demonstrate leadership in category management and the Strategic Sourcing Process
Execution oriented, with a strong sense of urgency around tangible results
Networking and influencing skills
Project Management Skills - Ability to organize and execute tasks; manage multiple projects
Effective decision making
Well-developed communication and negotiation skills
Category strategy development and execution
Strong time management, organizational, and presentation skills
Ability to work under pressure with deadlines
Ability to transfer knowledge to others
Experience working with e-procurement tools
Excellent Excel and PowerPoint skills
Travel:
25% Colas Inc. and its subsidiaries are an Equal Opportunity Employer. For details on the specifics of this commitment, please click here to view the EEO document . If you are an individual with a disability and require a reasonable accommodation to: to meet the requirements of the role in which you are applying complete any part of the application process access or use the online application process and need an alternative method for applying Please contact Colas Inc. at 973-290-9082 or send an email to ColasRecruiter@colasinc.com .