Senior Procurement Specialist

As a Senior Procurement Specialist at Electra, the main responsibilities include developing and executing sourcing strategies, managing contract negotiations, leading RFx activities, and analyzing spend data for cost-saving opportunities. You will collaborate with various teams to ensure procurement aligns with project goals while managing supplier performance and relationships.

Electra requires candidates for the Senior Procurement Specialist position to possess a Bachelor’s degree in supply chain management, business administration, or a related field, along with a minimum of 8 years of industry experience in procurement or sourcing. Alternatively, a Master’s degree coupled with at least 6 years of experience is also acceptable.

The Senior Procurement Specialist plays a crucial role in Electra's mission by optimizing procurement processes, fostering strong supplier relationships, and ultimately ensuring that the organization operates efficiently while minimizing its environmental footprint. This aligns directly with our goal of creating sustainable solutions in iron production.

Key skills for a Senior Procurement Specialist at Electra include excellent negotiation and communication abilities, strong analytical skills, and proficiency with procurement systems and the Microsoft Office suite. A strong financial acumen is also vital for driving cost efficiencies in procurement activities.

The anticipated starting salary for the Senior Procurement Specialist position at Electra ranges from $105,000 to $125,000 annually, depending on skills, experience, and education. This competitive compensation reflects the value we place on expertise in our team.

When answering this question, provide specific examples of sourcing strategies you've developed, the methodologies you used, and how these strategies have positively impacted supplier relationships and cost efficiencies.

Explain your approach to contract negotiations, including any frameworks you follow, how you ensure alignment with organizational goals, and instances where your negotiation skills led to favorable outcomes.

Outline your process for analyzing spend data, including tools you utilize, how you identify cost-saving opportunities, and ways you've effectively communicated these findings within a team.

Discuss your strategies for managing stakeholder relationships, emphasizing communication techniques, how you ensure their needs are met during procurement processes, and how you've successfully navigated conflicts.

Detail your experience with RFx processes, how you've contributed to past initiatives, and any specific examples of successful projects or supplier selections that stemmed from these efforts.

Share a real-life challenge in procurement, how you approached the resolution, and what you learned from that experience. Emphasize the strategies you used to overcome the challenge and the outcome.

Discuss your knowledge of legal and compliance standards in procurement, any systems you’ve put in place to ensure adherence, and how you stay updated with regulations and company policies.

Highlight specific procurement or ERP systems you have experience with and explain how you’ve used them to streamline processes, enhance efficiency, or manage supplier relationships.

Provide a specific example where you took initiative to improve supplier performance, the actions you took, and the resulting benefits for both the supplier and your organization.

Explain your method for prioritizing procurement projects, including how you assess urgency, manage timelines, and keep stakeholders informed to maintain alignment across projects.