Procurement Specialist (contract)
Wells Fargo · Minneapolis, MN · 3 wk ago
PurchasingContract
Responsibilities
- Consult on and participate in moderately complex sourcing initiatives and deliverables
- Contribute to large-scale sourcing planning efforts and execution of category strategies
- Review and analyze sourcing challenges, conducting in-depth evaluation of varying factors
- Support the resolution of sourcing-related issues, applying strong knowledge of policies, procedures, and compliance requirements
- Collaborate closely with client personnel and cross-functional teams to meet sourcing objectives
- Assist with contract lifecycle activities, including drafting, review, negotiation, and analysis
- Conduct financial and cost analysis to support sourcing decisions
- Manage and prioritize multiple sourcing and procurement projects simultaneously
- Support vendor selection, evaluation, and procurement processes
- Utilize sourcing tools and software to drive efficiency and reporting
Qualifications
- Experience in sourcing, procurement, or related field, demonstrated through work, consulting, military, or education
- Strong understanding of sourcing and vendor procurement processes
- Experience with contract drafting, negotiation, and analysis
- Ability to perform financial analysis and cost evaluation
- Strong interpersonal, verbal, and written communication skills
- Ability to prioritize and manage multiple projects effectively
- Proficiency with computer software and sourcing tools
- Demonstrated experience in: Contract management, Project management, Vendor sourcing and procurement, Financial analysis
- Experience working in large, matrixed organizations
- Familiarity with compliance and regulatory sourcing requirements
- Experience with procurement or sourcing systems (e.g., Ariba, Coupa, SAP)