Commodity Specialist

IGT

(West Greenwich, Rhode Island)
Full Time
Job Posting Details
About IGT

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."

Responsibilities
  • 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.
Ideal Candidate

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

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West Greenwich, Rhode Island
Skills Desired
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  • Change Management
  • Customer Service
  • Microsoft Excel
  • Microsoft PowerPoint
  • Microsoft Project
  • Microsoft Word
  • Strong Oral and Written Communication
  • Financial
  • Certified Professional in Supply Management (CPSM)

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