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Procurement Specialist I


Lowell, AR - JB Hunt Corporate



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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: Finance, Bachelors: Supply Chain Management, Bachelors: Transportation Logistics, GED (Required), High School (Required)

Work Experience:
Purchasing/Procurement

Job Opening ID:
00436361 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.”


Posted 4 Days Ago

Full time

00436361


About Us



Fortune 500 experience. Career advancement. Nationwide relocation possibilities.


Headquartered in Northwest Arkansas, J.B. Hunt is a dominant force in transportation and logistics, offering exciting career opportunities both at corporate and at field locations across the country. There are a variety of job types that support our business, so no matter your passion, J.B. Hunt is the place to jumpstart your career.


Why J.B. Hunt?

J.B. Hunt is a leading transportation and logistics company for one simple reason – our people. The career possibilities and benefits of working at J.B. Hunt are endless. From competitive salary and benefits packages, to defined career paths and growth opportunities, we take care of our people and take great pride in our efforts to build and sustain an inclusive workplace for all employees.


What are we looking for?

J.B. Hunt welcomes high-energy, forward-thinking people of all backgrounds and experience levels to join our team. We offer full-time, entry level, professional and management opportunities across all departments. Whether you are fresh out of school or bring years of industry experience, a role at J.B. Hunt could take your career to the next level.





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