Job Description
Position Summary
Works under minimal supervision. Writes deal summaries and deals details for both basic and complex agreements for material and labor & services. Understands each party's interests in negotiations. Understands how issue recognition fits into the negotiation process. Leads and facilitates meetings effectively. Supports the following categories: MRO, Safety & Health, LERS (Land Environmental), Drones, Labs, Asset Recovery.
Principal Accountabilities
1) Write the deal summary and detail for assigned agreements, including performance criteria and service levels that match business requirements and address risk management, legal terms and conditions.
2) Recognize the parameters of the boilerplate terms and offer solutions to requested changes in the more basic business requirements.
3) Develop and apply skills for comparing basic, complex, and differing specifications and pricing models.
4) Define and apply best/worst case scenarios.
5) Apply various price models, cost containment models, pricing caps and indices, and total cost-of-ownership model.
6) Utilize issue recognition and understand how it fits into the negotiation process; offer solutions that meet those interests.
7) Solve transactions/problems of moderate complexity.
8) Lead and facilitate meetings effectively including supplier and business unit Quarterly Business Reviews (QBRs).
Minimum Requirements
Education
Bachelor's degree in Business Administration, Purchasing, or related field of study;
(Or) Associate's degree in Business Administration and two (2) years' of procurement experience in buying, contracting, or supply chain.
Experience
Minimum of three (3) years' of related supply chain experience, in addition to any years' of experience identified above.
Additional Information
Preferred candidates will have experience with:
Procurement
Maximo
Cognos
Excel and Power Point
1) Follow policies, practices, standards, and rules of the company and those regulations and procedures required externally.
2) Seek out new opportunities and areas of learning to increase job knowledge and increase value to the organization.
Columbus, OH
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. The company generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants.
The company owns, leases, or controls approximately 3,664 railcars, 468 barges, 9 towboats, and a coal handling terminal with approximately 18 million tons of annual capacity. American Electric Power Company, Inc. was founded in 1906 and is headquartered in Columbus, Ohio.