Procurement Lead

nds dissemination, related to assigned categories.
The Procurement Lead develops and executes strategies related to the acquisition of services, materials, and software for the entire PJM organization. This position reports to the Procurement Director.

Essential Functions:**

• Initiate, lead, and manage the RFI/RFQ/RFP process, interpreting and analyzing supplier proposals, consistent with established policy and industry best practices.

• Analyze price proposals, financial reports, and other data to determine reasonableness of prices.

• Negotiate contract terms and conditions to minimize risk, optimize PJM financial and operational performance and to protect PJM's assets with careful attention to the safeguarding of PJM's intellectual property and confidential/proprietary information.

• Develop and negotiate statements of work for consulting engagements.

• Select, maintain, and manage a supplier base that is financially sound, technically competent and strategically aligned.

• Effectively manage multiple procurement projects meeting time, cost, and quality constraints.

• Demonstrate persuasion and influence skills, building conducive professional relationships with internal stakeholders and external vendors.

• Develop benchmarks and measure the ongoing effectiveness of relevant processes and systems, ensuring compliance with internal and external policies and standards.

• Develop and implement tactical plans consistent with the procurement strategy.

• Demonstrate integrity in decision-making.

• Demonstrate ability to work independently in pursuit of departmental goals and objectives with little or no specific direction.

Characteristics & Qualifications:
Required:

• BS degree in Business Administration, Business, Finance or equivalent work experience

• At least 5 years of experience sourcing, purchasing, and commercial contract negotiation

• At least 5 years of experience using Key Performance Indicators to manage the performance of the supplier base

• Ability to produce high-quality work products with attention to detail

• Ability to visualize and solve complex problems

• Experience in sourcing, purchasing, or materials management

• Experience with preparing and issuing purchase orders and change orders

• Experience evaluating and/or monitoring contract performance to determine necessity for amendments, extensions, or terminations of contracts, as well as compliance to contract obligations

Preferred:

• MBA degree
• At least 5 years of experience Negotiating and executing commercial contract terms and conditions and end user software license agreements.