**SUBFAMILY RESPONSIBILITIES**
Responsibilities Include:
- Applies purchasing/procurement methodology to achieve organizational objectives, best value for the enterprise, and achievement of target return on investments (ROI).
- Sources and purchases machinery, equipment, tools, raw material, packaging materials, parts, services, and/or supplies necessary for operation of an organization.
- Works very closely with internal clients to: identify sourcing needs; conduct buy/market profiles; define acceptable service levels.
- Develops sourcing strategies; solicits/analyzes request for proposals; negotiates contracts and coordinates supplier integration plan with internal client.
Also Includes:
- Compiles and analyzes statistical data to determine feasibility of buying products and to establish price objectives.
- Establish a supplier relationship management process with continuous improvement goals/programs.
Monitors market dynamics and communicates changes that affect internal client needs.
- Compiles information to keep informed on price trends and manufacturing processes.
- Confers with suppliers and analyzes suppliers' operations to determine factors that affect prices and determines lowest cost consistent with quality, reliability, and ability to meet required schedules.
- Reviews proposals, negotiates prices, selects or recommends suppliers, analyzes trends, follows up orders placed, verifies delivery, approves payment, and maintains necessary records.
May prepare bid packages.
**CAREER LEVEL**
DEVELOPING
- Requires basic working knowledge of principles and practices of area of specialty
- Develops proficiency in area of specialty through practical experience
- Work mostly focused on tasks with supporting role on projects and programs
- Work direction given in tasks following detailed instructions with review of work by peers or upline and reliance on upline for problem resolution
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**JOB SPECIFIC RESPONSIBILITIES**
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**REQUIRED KNOWLEDGE, SKILLS, ABILITIES AND/OR RELATED EXPERIENCE**:
- _or an equivalent combination of formal education, on-the-job training, and/or work and life experience_
**Education**
**Degree Field**
**Related Experience**
**(years)**
**Certification(s) / License(s)**
BA/BS
MA/MS
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3 yrs
1 yr
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**Required Knowledge, Skills, Abilities and/or Related Experience**:
Developing grasp of the following:
Includes:
- Benchmarking: Benchmarking seeks to deliver enhanced business results/competitive advantage through use of an on-going process of comparing and contrasting our quantitative results (e.g.
cost, quality, etc.)
and processes, internally and externally, to determine "best in class"; then identifying and implementing appropriate plans to deliver "best in class" results that meet the business needs.
- Business Partner Relationship Management: Procurement manages relationships with our key internal Business Partners to know and understand their business needs.
Procurement is able to build relationships by utilizing tools such as the Joint Business Plan process, initiative list management and effective persuasive selling skills.
- Commercial Agreements: Procurement drafts and executes (in partnership with Legal) pertinent written agreements for ongoing requirements (purchase orders, leases, Contracts, etc.
); and Procurement collaborates on establishment of pertinent agreements for development requirements (CDAs, JDAs, Letters of Intent, etc.)
- Industry Analysis: Industry Analysis provides the Company with competitive advantage by obtaining and analyzing information on industry supply/demand dynamics, production technology and cost structure (feedstocks, capital) which is used to build effective sourcing strategies, cost forecasts, and negotiation positions.
- Competitive Analysis: Competitive Analysis contributes to competitive advantage by gathering and using information about competitors' materials, technologies, supply base, sourcing strategies, suppliers, material costs, and processes to enable the benchmarking/forecasting of competitors' material/services prices and material/services changes.
- Competitive Bidding: Procurement uses competitive bidding, including pre-inquiry meetings, to insure our price competiveness in the market place thus deliver business results and a competitive advantage.
- Economic Analysis: Procurement forecasts costs, availability and trends of material/equipment/services purchased by Amway, and anticipates significant short and long-term changes which may impact our sourcing and/or business strategy.
- Linking & Leveraging: Delivers a competitive advantage by linking Amway business needs to supplier and industry capabilities and innovation via in-depth knowledge of industries and suppliers.
Links Amway's supplier performance expectations with supplier capabilities and drives performance improvement as needed.
- Negotiation: Procurement plans and carries out negotiations, including development of negotiation objectives/
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