Procurement Consultant CT
Company: MassMutual
Location: Hartford
Posted on: April 24, 2024
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Job Description:
Procurement Consultant
Full-Time
Boston, MA or Springfield, MA
We have positions open on across different teams - Enterprise
Technology, HR and Law, Investment Management, Procurement
Strategy.
The Opportunity
Come Join Us! We have a role which will enable you to work with a
dynamic and growing Procurement team. As a Procurement Consultant,
you will be responsible for managing supplier relationships,
negotiating deals, facilitating sourcing events, and providing
directed and independent analytical support for the assigned
categories. You will serve as a procurement subject matter expert
for your category, partnering across the business and with other
procurement functional areas including supplier diversity, and
procurement operations. A strong mix of analytic, strategic vision,
and communication skills will ensure your success.
The Team
On the MassMutual Procurement team, we have a goal to enable
MassMutual's mission and vision by providing the right supplier
solution at the right time. Our mission is to streamline the
procurement process, align supplier partners to meet business needs
and continuously increase the value provided to our policyholders.
We have embarked on an extensive maturity of our procurement
operating model with a focus on standardization, implementing
industry best practices and reducing supplier spend.
The Impact
This role focuses on being a subject matter expert (SME) to
assigned business groups. The Procurement Consultant partners with
business leaders/internal procurement group to meet expectations to
make sure that all purchases are smart, timely, cost-effective, and
aligned with Procurement policies.
In this role, as well as all roles within MassMutual, you will
demonstrate accountability, agility, a dedication to be inclusive,
a strong business acumen, and will show courage, even in the most
difficult situations. We also highly value strong communication
skills, a passion for learning, leadership traits, resilience and
self-awareness.
Drive key sourcing events and negotiations, leveraging the full
suite of sourcing capabilities and market analysis
Be responsible for managing and negotiating deals for select
supplier relationships in the organization
Coordinate with Procurement, Contracting, Spend Analytics, Risk,
Diversity, Accounts Payable, Enterprise Risk Management, etc. to
ensure an effective sourcing process and end-to-end supplier
management approach
Champion third party risk management process compliance and
Supplier Diversity
Partner with Procurement to develop and execute supplier
negotiations strategies to achieve the best value and least risk
for the organization
Collaborate with cross-functional teams to ensure key contracting
elements, including service level agreement components and
evaluation process are aligned and included in the draft contract
before passing to Legal for review
Lead supplier onboarding and offboarding activities, including, but
not limited to, coordinating supplier training, granting system
access and ensuring that the supplier is familiar with their main
contacts within MassMutual
Determine and lead appropriate supplier specific ongoing monitoring
plan (operational business review meetings, executive oversight
meetings, issue management reviews, performance monitoring,
contract management reviews, risk management reviews etc.)
The Minimum Qualifications
B.S. in business or related experience and/or combination of
procurement experience.
2-3+ years' experience with procurement and/or sourcing
experience
The Ideal Qualifications
B.S. in business or related fields
5+ years' experience with procurement and/or sourcing
experience
Strong influence skills to encourage leaders from across MassMutual
towards positive supplier relationships and results delivery
Courage to influence across the organization for compliance with
standards and escalate noncompliance when needed
Demonstrated verbal and written communication, change management
capabilities, business acumen, project management and leadership
skills
Ability to lead through transition; Communicate the vision for the
future and provide motivation for people to change; Address
questions and resistance to change with confidence and an
understanding of what is needed for buy-in
Experience in working complex, sourcing projects
Experience creating and leading sourcing activities to realign
suppliers in the category
Possesses a strong understanding and prior working experience in
supplier management activities including performance management
(SLAs, KPIs etc.), relationship management, contracting and risk
management
Seasoned individual capable of handling broad-scope projects with
short to medium term focus
Team player who collaborates with business units and functional
partners (i.e., IT, finance, HR, legal)
Extensive experience negotiating agreements and managing complex
vendor / client relationships
What to Expect as Part of MassMutual and the Team
Regular meetings with the Procurement Team
Focused one-on-one meetings with your manager
Access to mentorship opportunities
Networking opportunities including access to Asian,
Hispanic/Latinx, African American, women, LGBTQ, veteran and
disability-focused Business Resource Groups
Access to learning content on Degreed and other informational
platforms
Your ethics and integrity will be valued by a company with a strong
and stable ethical business with industry leading pay and
benefits
#LI-MM1
MassMutual is an Equal Employment Opportunity employer
Minority/Female/Sexual Orientation/Gender Identity/Individual with
Disability/Protected Veteran. We welcome all persons to apply.
Note: Veterans are welcome to apply, regardless of their discharge
status.
If you need an accommodation to complete the application process,
please contact us and share the specifics of the assistance you
need.
Keywords: MassMutual, Hartford , Procurement Consultant CT, Professions , Hartford, Connecticut
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