Procurement Analyst Jobs in Tennessee

Overall Job Summary

This position is responsible for working closely and collaboratively with IT and Procurement while leading strategic sourcing events, negotiations, contract administration and other related strategic, tactical and transactional activities in support of IT procurement. This is an important role within the Indirect Procurement Team. Since technology is an essential thread that runs throughout Tractor Supply Company, and the Indirect Procurement team is key strategic component, this role provides an excellent opportunity to make a significant impact. This position will be a leader in this space and who will contribute to the expansion of procurement adoption at Tractor Supply Company.

Essential Duties and Responsibilities (Min 5%)

Sourcing – 50%

• Perform sourcing RFx events for Software, Hardware, SaaS, Services, Cloud, & Telecom related categories.
• Lead the Sourcing Process, including preparing RFI/RFPs by working closely with the stakeholders to understand their needs, translating that into the RFI/RFP template, asking the right questions, and managing the RFI/RFP process.
• Research and advise Tractor Supply stakeholders on supplier options, deal structuring and other deal aspects, including deal duration, selection criteria and supplier KPIs.
• Create evaluation sheets, evaluate the supplier responses, and perform qualitative and quantitative analysis to drive to consensus on vendor selection.
• Providing detailed analysis of supplier proposals to stakeholders, including pricing and business terms.
• Analysis of sourcing requests to determine the extent of the sourcing team’s involvement and prioritize accordingly.
• Analysis of supplier proposals to differentiate between suppliers on a proposed solution, commercial and legal terms.
• Provide continuous improvement recommendations to streamline current vendor sourcing/contracting processes.
• Negotiate savings and cost avoidance.

Contracting – 30%

• Lead contract negotiations for Software, Hardware, SaaS, Services, Cloud & Telecom related contracts (i.e. Master Software/Hardware Agreements, ELAs, Cloud Agreements, etc.).
• Provide end-to-end administrative support for technology contracts.
• Red-line contracts to facilitate negotiations.
• Collaborate with various internal stakeholders on all requirements and work with Legal, Information Security, and Risk Management on contract negotiations.
• Candidate must have strong negotiation skills when dealing with vendors.
• Candidate must be good at analyzing and negotiating business terms and conditions with vendors via phone and/or email to ensure minimum risk related to Tractor Supply Company purchases.
• Ensure all contracts for legal review are organized, validated, and include all supporting documentation.
• Maintain updated contract repository.
• Work with internal customers and partners such as legal and stakeholders, to optimally structure contracts, and schedule regular meetings with internal requestors to review expiring contracts and investigate renewal options for cost savings opportunities.

General – 20%

• Provide transactional support, to ensure daily workflows move smoothly and within policy.
• Develop training material, and update so as we continue to scale the team new team members can be trained quickly.
• Train new team members in use of the system and update training materials as they become outdated.
• Identifying cross-departmental opportunities and leveraging them for savings.

Required Qualifications

Experience: Minimum 5 years procurement experience. Preference with an IT focus.

Education: Bachelor’s degree from an accredited college or university in Finance, Supply Chain Management, Information Technology, Business Administration, Project Management or a related field is required. Any suitable combination of education and experience will be considered.

Preferred knowledge, skills or abilities

• Proficient with Microsoft Office products
• Detail oriented
• Ability to manage and prioritize multiple tasks
• Strong presentation skills
• Project management
• Experience with Ariba
• Tech savvy
• Knowledge of business principles and contracts
• Strong organizational skills, strong multi-tasking skills, detail oriented, and able to set and manage priorities.
• Excellent computer skills including Microsoft Office (Outlook, Word, PowerPoint, and Excel).
• Familiarity with procurement systems is a plus.
• Comprehension of business and legal terms related to sourcing/contract matters.
• Demonstrated analytical and contract negotiation skills.
• Plan, organize and carry out multiple related sourcing and contracting activities simultaneously.
• Demonstrate self-awareness, embrace feedback, and has appropriate sense of urgency.
• Excellent verbal and written communication skills.
• People management experience is a plus.
• Experience with change management.
• Stakeholder management with ability to influence and drive change.

Working Conditions

• Normal office working conditions.

Physical Requirements

• Sitting
• Standing (not walking)
• Walking
• Lifting up to 10 pounds.

Disclaimer

This job description represents an overview of the responsibilities for the above referenced position. It is not intended to represent a comprehensive list of responsibilities. A team member should perform all duties as assigned by his/ her supervisor.

Company Info

At Tractor Supply and Petsense by Tractor Supply, our Team Members are the heart of our success. Their dedication, passion, and hard work drive everything we do, and we are committed to supporting them with a comprehensive and accessible total reward package. We understand the evolving needs of our Team Members and their families, and we strive to offer meaningful, competitive, and sustainable benefits that support their well-being today and in the future.

Our benefits extend beyond medical, dental, and vision coverage, including company-paid life and disability insurance, paid parental leave, tuition reimbursement, and family planning resources such as adoption and surrogacy assistance, for all full-time Team Members and all part-time Team Members. Part time new hires gain eligibility for TSC Benefits by averaging at least 15 hours per week during their 90-day lookback period. The lookback period starts the first of the month following the date of hire. If the 15-hour requirement was met, the benefits eligibility date will be the first day of the month following 4 months of continuous service.

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