Procurement Specialist - Irving, TX

Procurement SpecialistThe Procurement Specialist is responsible for implementing contractual protections for the company and coordinating key project contracts focused on supporting safe and efficient operation of Vistra's Generation fleet. Tasks include leading sourcing events as well as facilitating the contracting and procurement processes. A solid knowledge of all aspects of the sourcing, contracting and procurement processes is required. The position is expected to work with key internal and external stakeholders to gather requirements, conduct spend analyses, perform market and supplier analysis, facilitate the bid/proposal process, develop and use supplier evaluation criteria, conduct negotiations, formulate purchase orders and contract documents, manage invoicing exceptions, and manage supplier performance including issue resolution. This position will also coordinate with internal customers to create sourcing strategies that deliver quantifiable savings. Contracting & ProcurementDraft and negotiate contracts, SOWs, etc. in Vistra's contracting tool, including managing the redlining process Facilitate internal stakeholder & legal review, resolving non-standard contract terms Manage contract documents on an ongoing basis contract expirations, renewals, amendments, terminations, etc. Maintain accurate contract data in contracting and purchasing tools Support PO creation and resolution of invoicing exceptions and guide buyers as needed Support of emergent procurement needs during after-hours/weekends/holidays on a rotating basis SourcingLead sourcing events (bids, RFIs, RFPs) across categories Analyze spend and bids and develop cost savings estimates Work with key stakeholders and Category Managers to gather business and technical requirements (scope of work) Drive supplier selection process using score cards & assessing total cost of ownership Support and promote Vistra's supplier diversity program Incorporate safety into daily work ethic and buying decision process Category ManagementTeam with Category Manager on strategies and contracting needs Education, Experience & Skill Requirements5+ years of contracting/sourcing experience or other related experience Operational business knowledge, with understanding of sourcing, procurement, contracting and supplier management process Demonstrated ability to conduct the sourcing process including preparation activities & running e-sourcing events Demonstrated problem-solving and strong analytical skills Enthusiasm for driving optimum business outcomes Strong written and oral communication; ability to persuade others Demonstrated strong understanding of common contract Terms & Conditions, including practical and risk impacts of those terms Experienced in negotiation preparation and tactics Intermediate Microsoft office capabilities (Excel, Word) Ability to work with and manage confidential information Occasional travel will be required Experience gained through college degree programs and/or certifications is applicable to above skills (CPM, CPSM, JD) Key MetricsValue delivered to the organization through multiple value levers (price savings, cost avoidance, etc.) as measured on an annualized and NPV basis Operational improvement (timely procurement of equipment, supplies and services, accurate data in contracting and purchasing systems, manage contract expirations & renewals) Inclusion of small and diverse suppliers as measured by inclusion of suppliers in bid opportunities and awards Managing own- and third-party safety performance by leveraging learning events to identify corrective actions Job Family: Supply Chain Company: Luminant Generation Company LLC Locations: Royal Lane Office, Texas We are a company of people committed to: Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication. If this describes you, then apply today! It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws.