Procurement Specialist

Samsung SDS America is looking for a detail-oriented Procurement Specialist to join our team.

As a Procurement Specialist, you play a pivotal role in optimizing IT outsourcing and service management efficiency, and driving cost savings. By collaborating closely with cross-functional teams, you’ll play a pivotal role in sourcing the best suppliers, negotiating favorable contracts, and ensuring the smooth flow of services, ultimately driving the success of our projects.

At Samsung SDS America you will have access to extensive learning resources, mentorship programs, and career advancement opportunities, allowing you to continuously expand your skills. As a part of the Procurement Team you will be working alongside the top-notch teams who are driving innovation and developing cutting-edge products with global impact.

The ideal candidate for this role has passion for technology, understanding of procurement processes and outsourcing management, as well as meticulous attention to details and exceptional communication skills.

The procurement team works a hybrid schedule (3 days office/2 days remote) at our regional headquarters in Ridgefield Park, NJ.

Samsung SDS is the digital arm of the Samsung group and a global provider of cloud and digital transformation innovations. Samsung SDS delivers enterprise-grade solutions and services in cloud, secure mobility, analytics / AI, digital marketing and digital workspace. We enable our customers in government, financial services, healthcare, and other industries to drive business in a hyper-connected economy helping them to increase productivity, safeguard assets, and make smarter decisions.

Responsibilities:

• Develop and implement outsourcing processes such as negotiating price, contract renewals, and cost savings

• Identify and evaluate potential vendors and service providers
• Manage strong relationships with vendors to ensure competitive pricing and quality
• Guide established company onboarding procedures for outsourcing openings and communicate regarding required skill sets and conditions
• Act as a key administrator of the procurement system, monitoring and ensuring compliance with all aspects of the terms of a contract
• Monitor and evaluate vendor performance
• Perform resume and quote pre-screening and resolve pricing and condition conflicts with vendors as required
• Arrange interviews and interface with stakeholders to obtain procurement decisions from feedback on interviews and candidate status
• Work closely with the legal team to ensure contract execution and review
• Maintain documentation and records related to outsourcing activities
• Review invoices and timesheets and prepare monthly closing
• Perform other outsourcing duties as assigned or needed
• Maintain quote comparison with financial simulation and report the data for management’s final vendor selection
• Identify and implement cost-saving initiatives to optimize procurement
• Maintain comprehensive data of contracts, including key details such as renewal dates, payment terms, and performance metrics

Requirements

• Bachelor’s degree from an accredited college or university
• 3+ years of experience in procurement, outsourcing management, and IT service business development-related roles
• Proficient with Outlook, Microsoft Office applications – PowerPoint, Word, and Excel for handling cost analysis
• Strong time management skills with the ability to manage workload and prioritize tasks
• Strong analytical and negotiation skills
• Excellent communication and interpersonal skills

Preferred:

• Familiar with SAP

Benefits

Samsung SDSA offers a comprehensive suite of programs to support our employees:

• Top-notch medical, dental, vision and prescription coverage
• Wellness program
• Parental leave
• 401K match and savings plan
• Flexible spending accounts
• Life insurance
• Paid Holidays
• Paid Time off
• Additional benefits

Samsung SDS America, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, status as a protected veteran, marital status, genetic information, medical condition, or any other characteristic protected by law.