Procurement Specialist

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Job Summary

The Procurement Specialist is responsible for driving savings and implementing contractual protections for the company. Tasks include leading sourcing events as well as facilitating the contracting and procurement processes. A solid knowledge of all aspects of the sourcing, contracting and procurement processes is required. The position is expected to work with key internal and external stakeholders to gather requirements, conduct spend analyses, perform market and supplier analysis, facilitate the bid/proposal process, develop and use supplier evaluation criteria, conduct negotiations, formulate purchase orders and contract documents, manage invoicing exceptions, and manage supplier performance including issue resolution. This position will also coordinate with internal customers to create sourcing strategies that deliver quantifiable savings.

Job Description

- LEVEL OF POSITION WILL BE DETERMINED BY APPLICABLE SKILLS/EXPERIENCE.

Key Accountabilities Contracting & Procurement

- Draft and negotiate contracts, SOWs, etc. in Vistra’s contracting tool, including managing the redlining process

- Facilitate internal stakeholder & legal review, resolving non-standard contract terms

- Manage contract documents on an ongoing basis – contract expirations, renewals, amendments, terminations, etc.

- Maintain accurate contract data in contracting and purchasing tools

- Support PO creation and resolution of invoicing exceptions and guide buyers as needed

- Support of emergent procurement needs during after-hours/weekends/holidays on a rotating basis

Sourcing

- Lead sourcing events (bids, RFIs, RFPs) across categories

- Analyze spend and bids and develop cost savings estimates

- Work with key stakeholders and Category Managers to gather business and technical requirements (scope of work)

- Drive supplier selection process using score cards & assessing total cost of ownership

- Support and promote Vistra’s supplier diversity program

- Incorporate safety into daily work ethic and buying decision process

Category Management

- Team with Category Manager on strategies and contracting needs

Education, Experience & Skill Requirements

- 5 years of contracting/sourcing or other related experience

- Operational business knowledge, with understanding of sourcing, procurement, contracting and supplier management process

- Demonstrated ability to conduct the sourcing process including preparation activities & running e-sourcing events

- Demonstrated problem-solving and strong analytical skills

- Enthusiasm for driving optimum business outcomes

- Strong written and oral communication; ability to persuade others

- Demonstrated strong understanding of common contract Terms & Conditions, including practical and risk impacts of those terms

- Experienced in negotiation preparation and tactics

- Intermediate Microsoft office capabilities (Excel, Word)

- Ability to work with and manage confidential information

- Experience gained through college degree programs and/or certifications is applicable to above skills (CPM, CPSM, JD)

Key Metrics

- Responsible for the timely and efficient procurement of equipment, materials, supplies and services for categories managed within Luminant Fossil Operations.

- Accountable for the creation of real value, including price savings, supplier productivity, and potential revenue generation through sourcing events and negotiations.

- Lead cross functional teams in supplier sourcing actions and communicate with key stakeholders

- Maintain accurate data in contracting and purchasing systems

- Manage contract expirations and renewals

Job Family

Supply Chain

Company

Luminant Generation Company LLC

Locations

Irving, Texas

Texas

We are a company of people committed to: Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication. If this describes you, then apply today! If you currently work for Vistra or its subsidiaries, please apply via the internal career site. It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws. If you are an individual with a disability and need assistance submitting an application or would like to request an accommodation, please email us at assistance@vistraenergy.com to make a request.