Commodity Specialist
IGT
(West Greenwich, Rhode Island)IGT’s integrated portfolio of technology, products, and services, including its best-in-class content, is shaping the future of the gaming industry by delivering the innovation that players want.
IGT is the world's leading end-to-end gaming company. It is listed on the New York Stock Exchange under the trading symbol "IGT."
- Build a short and long term commodity strategy that aligns to overall Lines of Business’ strategy
- Oversee commodity strategy implementation activities to deliver the expected business value
- Provide Commodity specific subject matter expertise and insights to internal clients and regular status updates of all projects to leadership
- Leverage current and future business requirements, market intelligence, and historical spend to develop innovative Commodity strategies that drive cost reduction, enterprise consistency, and business value
- Establish Commodity metrics and savings targets, monitor performance, and communicate these to stakeholders. Create a Commodity specific initiative pipeline that will forecast and direct procurement projects and sourcing activities
- Implement the Commodity strategy by directing sourcing activities and demand initiatives. Develop and lead cross functional teams to execute on strategy
- Maintain expertise in the spend Commodity through relationships with sourcing teams, business units, suppliers, market experts, and global/regional liaisons. Know and apply value chain and value stream concepts
- Identify business enablement opportunities and provide Commodity related insights and recommendations. Provide commodity knowledge to internal clients on industry trends, benchmarking, and best practices
- Accountable for driving communication and reporting to keep internal clients informed of progress and benefits
- Work with internal risk and compliance groups to ensure Commodity strategies account for relevant laws, regulations, and risk policies
- Act as change agent and advocate for procurement as a value added function
First Year Goals
- Leverage current and future business requirements, market intelligence, and historical spend to develop innovative Commodity strategies that drive cost reduction, enterprise consistency, and business value
- Establish Commodity metrics and savings targets, monitor performance, and communicate these to stakeholders. Create a Commodity specific initiative pipeline that will forecast and direct procurement projects and sourcing activities
- Implement the Commodity strategy by directing sourcing activities and demand initiatives. Develop and lead cross functional teams to execute on strategy
- Maintain expertise in the spend Commodity through relationships with sourcing teams, business units, suppliers, market experts, and global/regional liaisons. Know and apply value chain and value stream concepts
- Identify business enablement opportunities and provide Commodity related insights and recommendations.
Education Requirements:
- Bachelor’s Degree
Experience:
- 3+ years of Commodity procurement experience, designing and implementing successful Commodity/Sub-Commodity strategies
- Commodity management experience
Preferred Qualifications
- Bachelors degree in related discipline preferred
- CPM or CPSM preferred •Innovative Thinking: Proven ability to connect ideas, events, and circumstances to find Commodity management solutions to business problems or goals
- Applies flexible approach(es) to achieving Commodity management results in dynamic situations
- Skilled in change adoption, change management, and resource assessment
- Ability to work independently. Energetic and self-motivated
- Experience influencing others to voluntarily adopt Commodity Management practices
- Strong analytical and financial skills
- Strong oral and written communication
- Proficiency in Microsoft Word, Power Point, Project, and Excel
Special requirements needed
- Able to obtain a Gaming License
- Security Investigation
- Pass a background check
Keys To Success
- Deliver exceptional customer service
- Demonstrate accountability and integrity
- Develop successful relationship
- Embrace change
- Demonstrate business savvy
Questions
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