Global Procurement Specialist

Description:

The Procurement Specialist is responsible for acquiring goods and services for the firm in a cost effective and efficient manner. This role is crucial to ensuring that the firm has the necessary resources to operate effectively whilst maintaining budgetary constraints. The role scope encompasses a wide range of activities, including onboarding new suppliers, negotiating contracts, managing supplier relationships and ensuring compliance with procurement policies and procedures.

The ideal candidate will have a strong background in procurement, negotiation skills, and a proven ability to drive efficiency and cost savings.

This position reports to the Manager, Procurement. This position is ideally located in Austin, Dallas, or Houston, Texas. The role will require presence in office from time to time pursuant to the firm’s hybrid work policy.

Responsibilities include but are not limited to:

Sourcing and Supplier Selection: conducting market research and identifying potential suppliers by evaluating their capabilities. This involves issuing:
 

• Request for Information (RFI) to research a supplier’s business, offerings and solutions.
• Request for Proposal (RFP) which is used to evaluate responses to structured and formally documented project requirements, potentially leading to vendor selection.
• Request for Quote (RFQ) to compare pricing and product specifications.
   

Contract Negotiations: to secure favorable terms and conditions, including pricing and payment terms.
 

• Negotiate strong commercials, with cost savings and cost avoidance where possible.
• Negotiate strong contractual terms and conditions which fit within stakeholder requirements, and comply with relevant laws and regulations, by collaborating with General Counsel, NRF’s Data Protection Officer and Information Security team.
• Manage contract and vendor through life cycle.
• Liaise with stakeholders at all levels to ensure best outcome is achieved on all contracts.