Associate, Procurement & Sourcing (OPEN TO ALL U.S. LOCATIONS)

Alvarez & Marsal; Boston (MA); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) plan

Paid time off

Job summary

Alvarez & Marsal (A&M) is hiring an Associate in Procurement & Sourcing within the Private Equity Performance Improvement (PEPI) practice. Open to all U.S. locations, the role involves leading sourcing strategies, supplier negotiations, and end-to-end procurement initiatives for portfolio companies.

Seeking 2-4+ years of consulting or industry experience, with preference for advisory backgrounds from top-tier firms or Big-4. Bachelor’s degree required; MBA preferred.

Qualifications

• 2-4+ years of consulting or industry experience.
• Preference for advisory experience from a top-tier strategy firm or Big-4.
• Bachelor’s degree in Business Administration, Economics, Finance or related fields.
• MBA/Master’s degree preferred.
• Experience managing direct and/or indirect categories.

Responsibilities

• Lead and deliver project work streams for complex engagements with Private Equity teams.
• Develop and implement sourcing strategies aligned with forecast, demand/supply planning, inventory management, and distribution & logistics.
• Identify, design, and implement procurement improvements for portfolio companies.
• Manage supplier identification, contract negotiations, and vendor relations.
• Create implementation plans to drive procurement changes and perform analysis as needed.

Skills

Written & verbal communication

Analytical skills

Excel

PowerPoint

Project management

Initiative & drive

Critical thinking

Presentation skills

Education

Bachelor's degree

MBA

Tools

Excel

PowerPoint

Job description

Description

Alvarez & Marsal Private Equity Performance Improvement

Associate, Procurement & Sourcing

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 13,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

Description

Alvarez & Marsal Private Equity Performance Improvement

Associate, Procurement & Sourcing

(OPEN TO ALL U.S. LOCATIONS)

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 13,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

A&M’s Private Equity Performance Improvement Services (PEPI) practice, with offices throughout the US, focuses on serving the middle market and large cap private equity firms who have engaged A&M to help improve operating results at their portfolio companies.

Our professionals are aligned with a PEPI service line to promote the development of deep functional skills & experiences and to maximize our ability to tailor solutions to solve our clients' business issues.

Our PEPI Services Include

• Supply Chain
• Transformation Services
• Manufacturing Operations Improvement
• Interim Management
• M&A Services
• CFO Services

A&M’s Supply Chain professionals assist our clients in analyzing each part of the supply chain process including Strategic Sourcing and Procurement, Logistics and Distribution, Integrated Demand and Supply Planning to identify value creation opportunities, develop a roadmap to accelerate those opportunities and assist with driving them to our client’s bottom line. From our thorough fact-based analysis, we assess the state of the supply chain, identify key risks to investment and quantify potential EBITDA improvement plans.

The PEPI Supply Chain group is a growing business with high growth projected throughout the next two to four years. We offer excellent opportunities for career advancement and build leadership skills. The leadership team is focused on providing development opportunities, training and exposure to international and domestic business assignments.

How You Will Contribute

We are seeking individuals that can lead and deliver project work streams for complex client engagements working closely with Private Equity teams to identify, design, and implement creative business solutions for their portfolio companies.

Associates Support The Following Types Of Workstreams And May Be Asked To Conduct Analysis As Well As Execute With Team Members To Deliver Results

• Gain a comprehensive understanding of a client’s procurement organization and strategic sourcing capabilities
• Assist in the development and implementation of sourcing strategies to meet growth and financial objectives through effective integration with forecasting, demand/supply planning, inventory management, and distribution & logistics
• Assist in developing and managing efforts in sourcing and procurement
• Lead supplier identification, approval, contract/pricing negotiations and vendor relations
• Develop implementation plans to drive proposed changes in procurement and sourcing initiatives
• Conduct analysis depending on project scope

Professional Skills

• Strong written, oral, and analytical skills
• Strong Excel and PowerPoint skills
• Structured project management (time, team and work-stream management)
• Initiative and drive
• Critical thinking skills
• Ability to deliver time-pressured projects on-time and on-quality
• Flexible and creative thinkingClient relationship building
• Excellent presentation skills

Qualifications

• 2-4 plus years of consulting or industry experience
• Previous advisory experience from a top-tier strategy firm or Big-4 consultancy REQUIRED
• Preference for industry roles within Sourcing and Procurement functions
• Industry experience in direct and/or indirect categories
• Bachelor’s degree required in Business Administration, Economics, Finance or related fields
• MBA/Master’s degree preferred
• Experience managing direct and / or indirect categories
• Demonstrated track record of leading sustainable high-impact strategic sourcing approaches
• Exemplary experience designing end-to-end procurement strategies
• Excellent fact-gathering and analytical skills, including business process mapping and quantitative analysis
• Flexibility to travel up to 80% of the time

Your journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

The salary range is $90,000--$130,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.

Full-time Positions and Part-time Positions Over 30 hours

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type.

A&M does not require or administer lie detector tests as a condition of employment or continued employment. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.