Commodity Purchasing Specialist III

Responsibilities

The Commodity Purchasing Specialist III will be responsible for the critical role of strategic sourcing for both products and services with accountability for spend across IGT's Lottery business. This role owns the development of initial commodity strategy as well as monitoring and maintaining the implemented strategy to deliver improving year over year key procurement KPIs.  

• Build commodity sourcing strategies that aligns to overall Lines of Business’ strategy.
• Oversee commodity strategy implementation activities to deliver the expected business value.
• Provide Commodity specific subject matter expertise and insights to internal clients and regular status updates of all projects to leadership. 
• Leverage current and future business requirements, market intelligence, and historical spend to develop innovative Commodity strategies that drive cost reduction, enterprise consistency, and business value.
• Establish and maintain a collaborative partnership with tactical procurement. 
• Adhere to Commodity metrics and savings targets, monitor performance, and communicate these to stakeholders. 
• Create a Commodity specific initiative pipeline that will forecast and direct procurement projects and sourcing activities. 
• Develop and lead cross functional teams to execute on strategy. 
• Maintain expertise in the Commodity through relationships with sourcing teams, business units, suppliers, market experts, and global/regional liaisons. Know and apply value chain and value stream concepts. 
• Identify business enablement opportunities and provide Commodity related insights and recommendations through published commodity plans and sourcing calendars. 
• Accountable for driving communication and reporting to keep internal stakeholders informed of progress and benefits. 
• Work with internal risk and compliance groups to ensure Commodity strategies account for relevant laws, regulations, and risk policies. 
• Act as change agent and advocate for procurement as a value added function.

Qualifications

• Bachelor’s Degree / MBA 
• Technical degree
• CPM or CPSM preferred
• 5 years related experience 
• Innovative Thinking: Proven ability to connect ideas, events, and circumstances to find Commodity management solutions to business problems or goals 
• Applies flexible approach to achieving Commodity management results in dynamic situations 
• Skilled in change adoption, change management, and resource assessment 
• Ability to work independently. Energetic and self-motivated 
• Experience influencing others to voluntarily adopt Commodity Management practices 
• Strong analytical and financial skills 
• Strong oral and written communication 
• Proficiency in Microsoft Word, Power Point, Project, and Excel

Keys to Success

• Building collaborative relationships
• Decision making
• Drive results
• Foster innovation
• Personal energy
• Self-leadership

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