Procurement Manager Job Minot area,North Dakota USA,Supply Chain/Logistics

Responsibilities

Strategic Sourcing & Category Management
- Develop and execute category management and sourcing strategies based on business requirements, spend analysis, market intelligence, and supply risk.
- Identify opportunities to optimize costs, improve service levels, and increase operational efficiency across assigned categories.
- Lead competitive sourcing events, including RFIs, RFPs, and RFQs, to support informed purchasing decisions.
- Conduct market research, benchmarking, and supplier analyses to support strategic procurement initiatives.
- Leverage procurement technologies, analytics, and industry best practices to improve sourcing effectiveness and decision-making.
- Develop cost-effective purchasing strategies for goods and services used throughout the organization.
Supplier & Contract Management
- Evaluate supplier proposals and recommend vendor selections based on cost, quality, service, performance, and risk considerations.
- Negotiate contracts, pricing, service level agreements (SLAs), and commercial terms to achieve favorable business outcomes.
- Establish, maintain, and manage supplier agreements throughout the contract lifecycle, including execution, compliance, renewals, and amendments.
- Build and maintain strong relationships with strategic suppliers and business partners.
- Monitor supplier performance through scorecards, business reviews, and performance metrics, implementing corrective actions when necessary.
Financial, Risk & Compliance Management
- Analyze organizational spending patterns and procurement data to identify cost savings and process improvement opportunities.
- Conduct financial analyses, develop business cases, and establish benchmarks to support sourcing decisions and performance improvement.
- Track and report procurement savings, cost avoidance initiatives, and overall procurement performance to leadership.
- Develop and maintain supplier risk management processes to mitigate financial, operational, regulatory, and supply chain risks.
- Assess supplier financial stability, operational capabilities, and risk profiles.
- Ensure compliance with procurement policies, contractual obligations, and applicable regulatory requirements.
- Develop contingency plans to address supplier disruptions and supply shortages.
Stakeholder Partnership & Procurement Operations
- Partner with business leaders and stakeholders to understand operational needs and develop effective sourcing solutions.
- Collaborate with Legal, Risk Management, Compliance, IT, Finance, Operations, and PMO teams to align procurement activities with organizational objectives.
- Provide regular updates and recommendations to leadership regarding sourcing initiatives, supplier performance, contract activities, and procurement results.
- Support the efficient acquisition and delivery of goods and services required for business operations.
- Promote continuous improvement of procurement processes, controls, and service delivery.
Leadership & Team Development
- Lead, coach, mentor, and develop team members, including sourcing analysts and procurement professionals.
- Establish departmental goals, performance expectations, and key performance indicators.
- Delegate responsibilities effectively and ensure alignment across procurement and sourcing activities.
- Foster a culture of accountability, collaboration, innovation, and continuous improvement.
- Support employee development through coaching, feedback, and professional growth opportunities.

Bell Bank Culture, Policy and Accountability Standards

Know and live Bell Bank’s values, bottom line, customer service standards, Golden Rules, and LOCBUTN by building personal connections with customers and employees and using their names as often as possible.
Conduct activities consistent with established Bell Bank policies,…