Procurement Manager

Versant Power; Bangor (ME); On-site; USD 120,000 - 180,000; Full time

Job summary

Versant Power is seeking a senior procurement leader to oversee the organization’s procurement, policy administration, contract management, and insurance oversight. This role partners with operational teams to drive risk management, cost savings, and supplier performance improvements across northern and eastern Maine.

The candidate will mentor buyers, align policies with best practices, and lead strategic sourcing initiatives while collaborating with internal stakeholders to ensure compliance

Qualifications

• Oversee and mentor procurement staff and ensure best practices.
• Develop and align policies with industry benchmarks to achieve cost savings.
• Provide strategic analysis using internal/external data to secure continuity of supply.

Responsibilities

• Oversee and mentor a team of buyers and procurement personnel.
• Align strategies, policies, and practices with ENMAX Corporation to ensure efficiency and economical pricing.
• Provide strategic market analysis to meet cost reduction requirements and continuity of supply.
• Lead large sourcing initiatives and manage supplier performance issues against contracts.
• Coordinate with Audit, Legal, Finance, Compliance and other stakeholders to improve procurement processes.
• Manage RFI/RFP/RFQ processes and maintain relationships with vendors.

Skills

Procurement leadership

Contract management

Vendor relationship management

Risk management

Strategic sourcing

Budget management

Job description

Be a part of the team that is transforming the power industry of northern and eastern Maine. Versant Power is building on our 100-year history of delivering efficient, safe and reliable electricity service to customers in northern and eastern Maine. We never lose sight of safety, quality, integrity and innovation. We are committed to our dedicated people, who inspire us every day to deliver something more powerful than power alone.

POSITION OVERVIEW

This position has the overall responsibility for the organizations procurement function including administration, oversight of the procurement policy and contract management across the business, and insurance policies of the Company as well as oversight of procurement personnel. This position works closely with operational areas on procurement issues and actively seeks and implements appropriate risk management strategies with respect to the procurement of goods and services.

ESSENTIAL FUNCTIONS

• Responsible for overseeing and mentoring a team of buyers including training and developing Procurement personnel to carry out their duties and responsibilities in accordance with best practices.
• Aligns strategies, policies, and practices with ENMAX Corporation while ensuring internal customer satisfaction, efficiency and economical pricing for materials, equipment and services.
• Provide strategic analysis on internal and external data sources, market information, and industry benchmarking on various goods and services to ensure continuity of supply and meet cost reduction requirements.
• Aligns policies, practices and procedures with industry benchmarks to gain cost savings for Versant Power and to perpetuate consistency and efficiency across the business.
• Research, identify, and analyze current supplier base and market trends to implement process improvements for contracting and system change initiatives.
• Provide Expert Subject Matter support for large strategic sourcing initiatives and competitive sourcing events.
• Support the Business Units and Buyers in addressing and resolving issues associated with supplier performance delivery that fail to meet contractual standards as requested.
• Drive success in a collaborative team environment and communicate effectively with suppliers, internal customers, peers, and senior management to gain an in depth understanding of their business, strategies, market forces and subsequent procurement requirements.
• Liaise with Audit, Legal, Finance, Compliance, and other internal stakeholders to improve overall processes and performance.
• Manages, updates and disseminates the Versant Power procurement policy, processes and strategies ensuring internal customer satisfaction, efficiency and economical pricing for materials, equipment and services.
• Oversees requests for information, proposals or quotes (RFI, RFP or RFQ) to vendors, and receives quotes, recommends purchase options, and maintains professional relationships with vendors.
• Maintains a high level of market intelligence through contacts with suppliers, peers and review of trade and other publications while sustaining collaborative and productive relationships with internal and external stakeholders, including key suppliers, management, colleagues and direct reports.
• Work with Director in preparing, administering and monitoring the annual Procurement O&M and capital budgets and prepares budget variances and forecasts as required.

ADDITIONAL RESPONSIBILITIES

• Regularly attends and actively participates in scheduled safety meetings.
• Other duties as assigned in luding designated duties associated with service restoration in System Emergencies.