Procurement Specialist

| Greater Boston Area

Summary:

This position resides in Brighton, Massachusetts, and is part of XL’s Operations Team. 

 

The primary objective is sourcing & purchasing materials and services to support new and existing products.  The Procurement Specialist will be responsible for identification, evaluation, and selection of key suppliers.  He/she will work closely with cross-functional partners in Operations, Quality, Engineering, Finance, and Service to ensure that XL’s total needs are clearly defined.  The ideal candidate will have strong sourcing experience, including execution of strategic sourcing processes and a solid track record of supplier selection, negotiations, and cost reductions.  Familiarity with a variety of materials related to electrical and mechanical commodities and manufacturing processes is required.  Experience in automotive and/or other regulated industry experience is an advantage.   

 

Responsibilities:

  • Implement Supply Agreements and Purchase Orders for strategic materials/relationships  
  • Cultivate and manage supply relationships at all stages of engagement and life cycle         
  • Create and deliver demand forecasts
  • Develop and implement sourcing strategies to align with company needs and direction, including supply base rationalization and spend management      
  • Lead sourcing projects to support product development and supply base enhancements related to cost, quality, delivery, and capacity
  • Lead RFX implementation, including coordination of requirements, development of quotation packages, and pre-qualification of prospective sources
  • Manage research and analysis of sources, maintaining a thorough understanding of innovations, new products, price trends, and market conditions impacting XL suppliers, products, and services    
  • Lead and facilitate strategic discussions and escalations related to performance and relationships
  • Monitor supplier performance, deliver scorecards, and drive improvements
  • Implement risk assessments and mitigation plans
  • Implement Vendor Managed Inventory arrangements

 

Requirements (Skills, Abilities, Knowledge, & Expertise):

  • Bachelor’s degree with 7 years in Procurement or Supply Chain   
  • Expertise in sourcing and supplier management principles and best practices
  • Understanding of manufacturing and quality principles and best practices
  • Excellent negotiation skills and experience leading supplier cost negotiations     
  • Strong organizational and project management skills
  • Ability to perform detailed financial cost analyses and forecasting
  • Excellent verbal & written communication skills, including presenting & facilitating team meetings
  • Team player with high levels of professionalism, integrity, and enthusiasm 
  • Willingness to travel domestically and/or internationally approximately 20% of time
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Location

145 Newton Street, Boston, MA 02135

What are XL Perks + Benefits

Culture
Volunteer in local community
Partners with Nonprofits
Eat lunch together
Intracompany committees
Open office floor plan
Diversity
Documented equal pay policy
Dedicated Diversity/Inclusion Staff
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
XL employees can contribute up to $5000 annually to their FSA.
Disability Insurance
Disability insurance covers 60% of annual salary up to $10000 monthly maximum payout.
Dental Benefits
Our dental plan covers 100% of expenses up to the calendar year maximum benefit.
Vision Benefits
The vision benefits plan covers 100% for annual eye exams with $150 for glasses and contact lenses.
Health Insurance Benefits
XL's health insurance policy covers 80% of the plan's premium.
Life Insurance
Life insurance is equal to 2 times an employee's annual salary.
Wellness Programs
Retirement & Stock Options Benefits
401(K)
401(K) Matching
XL provides employees with a 401(k) matching plan managed by ADP. We match 100% of contributions up to 3% of an employee's annual gross pay and and additional 50% on the next 2% of eligible earnings.
Company Equity
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
We provide up to 8 weeks of parental leave.
Flexible Work Schedule
XL provides employees with a flexible work schedule that includes flexible start and end times.
Remote Work Program
Family Medical Leave
Employees are eligible for 12 weeks of family medical leave.
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Holidays
Perks & Discounts
Beer on Tap
Casual Dress
Company Outings
XL hosts company outings Quarterly.
Stocked Kitchen
Some Meals Provided
Employees get free lunch on Friday.
Parking
We offer employees free on-site parking.
Professional Development Benefits
Job Training & Conferences
Lunch and learns
XL hosts lunch and learn meetings on occasion.
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