Procurement Specialist

Posted:
9/23/2024, 4:26:30 AM

Location(s):
Texas, United States ⋅ Fort Worth, Texas, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Operations & Logistics

Job Type:

Regular

Work Location:

Texas Motor Speedway - Fort Worth, TX 76177

Overview:

The Procurement Specialist will manage the company's supply of products and services. Specifically, this position responsibilities include strategizing to find cost effective pricing and suppliers for all procurement request and work with vendors. The Procurement Specialist’s duty is to discover the best ways to cut procurement expenses so the company can invest in growth and people.

Job Description:

  • Devising and using procurement and sourcing strategies
  • Work with program leaders to understand specifications of items to be sourced
  • Discovering cost effective suppliers and initiate procurement partnerships
  • Negotiating with external vendors to secure advantageous terms
  • Finalize purchase details of orders and deliveries
  • Examine and test existing contracts
  • Track and report key functional metrics to reduce expenses and improve effectiveness
  • Collaborate with key persons to ensure clarity of the specifications and expectations of the company
  • Perform risk management for supply contracts and agreements
  • Control spend and build a culture of long-term saving on procurement costs
  • Monitor supply quantities for apparel, tools, promotional items and other collateral items via online systems & physical counts
  • Review, approve & dispute (when needed) invoices from various suppliers & vendors
  • Putting out requests for proposals to suppliers/vendors
  • Create invoices for products/services sold to clients and customers

Qualifications:

  • Proven working experience as a Procurement Specialist
  • Knowledge of sourcing and procurement techniques as well as a dexterity in "reading" the market
  • Talent in negotiations and networking
  • Knowledge of supplier or third party management software
  • Aptitude in decision-making and working with numbers
  • Experience in collecting and analyzing data
  • Degree in supply chain management, logistics or business administration preferred but not required

Mental & Emotional Requirements:

  • Manage stress appropriately
  • Make decisions under pressure
  • Manage anger/hostility or other emotions appropriately
  • Work alone
  • Work in confined or crowded areas

Physical Requirements:

While this is a desk job with prolonged periods of sitting it will be necessary to lift and move up to 50 lbs.  Additionally, this position will be required to:

  • Sit for 2+ hours per day
  • Hear alarms/telephone/tape recorders/horns/normal voices
  • Test sample items for durability, fit & finish
  • Stand up for extended periods
  • Bend at waist
  • Have clarity of vision

What You Can Expect From 2020 Companies
We welcome every voice, and we are committed to building a truly inclusive environment where your differences are not just welcomed, they are celebrated. We are always identifying opportunities to encourage our team to be their authentic selves, while working to provide a best-in-class experience for our employees. Whether that’s paid holidays, long-term career pathing options, personal development opportunities or professional stretch assignments, you can expect 2020 Companies to support you.

2020’s Commitment
We are committed to creating a diverse and inclusive organization and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other dimensions of identity.

2020 Companies

Website: https://2020companies.com/

Headquarter Location: Southlake, Texas, United States

Employee Count: 5001-10000

Year Founded: 1991

IPO Status: Private

Industries: Consumer Electronics ⋅ Consumer Reviews ⋅ Consumer Software ⋅ Digital Marketing ⋅ Direct Sales ⋅ Events ⋅ Retail ⋅ Retail Technology ⋅ Sales ⋅ Training