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Procurement Operations Lead

Job in Scranton, Lackawanna County, Pennsylvania, 18512, USA
Listing for: Pinnacle Group, Inc.
Full Time position
Listed on 2026-06-19
Job specializations:
  • Business
    Supply Chain / Intl. Trade, Business Development, Business Systems/ Tech Analyst, Business Analyst
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Job Summary Contract Management

  • Draft, review, and negotiate supplier and vendor contracts, NDAs, and service agreements.
  • Maintain accurate records of all contracts, amendments, and renewals in the contract management system.
  • Track key contract milestones (renewal dates, expirations, deliverables) to ensure continuity and compliance.
  • Partner with the Legal and Compliance teams to ensure adherence to organizational standards, regulatory requirements, and risk policies.
Procurement Analysis
  • Conduct market and spend analyses to identify cost‑saving opportunities and supplier performance improvements.
  • Support competitive bidding, RFP/RFQ processes, and supplier selection.
  • Evaluate supplier proposals, comparing pricing, delivery terms, and value‑added services.
  • Develop and maintain procurement dashboards, KPIs, and spend reports.
Compliance & Risk Management
  • Ensure all contracts comply with company procurement policies, legal standards, and ethical guidelines.
  • Identify and mitigate potential supplier or contractual risks.
  • Support internal and external audits related to contracts and procurement.
Stakeholder Collaboration
  • Work closely with internal business units to define procurement requirements and contract needs.
  • Serve as the primary contact for vendor queries and relationship management.
  • Communicate key contractual obligations and procurement insights to leadership.

Collaborate with internal stakeholders (legal, finance, operations) to manage contract negotiations and approvals.

Monitor contract compliance and performance metrics, identifying opportunities for renegotiation or improvement.

Maintain a centralized repository for contracts and procurement documentation with accurate tracking and reporting.

Assist in the development and enforcement of procurement policies and best practices.

Support RFP/RFI processes, supplier evaluations, and vendor selection activities.

Analyze spending trends and provide strategic insights to support sourcing decisions.

Qualifications Education & Experience
  • Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field.
  • 3-5 years of experience in procurement, contract analysis, or supply chain operations.
  • Experience in government, construction, or corporate procurement preferred (depending on industry).
Skills & Competencies
  • Strong analytical, organizational, and problem‑solving skills.
  • Excellent attention to detail and ability to interpret complex contractual terms.
  • Proficient in Microsoft Excel and contract management systems (e.g., Coupa, SAP Ariba, Ivalua).
  • Strong negotiation and communication abilities.
  • Knowledge of procurement best practices and regulatory compliance.
Key Performance Indicators (KPIs)
  • Contract cycle time reduction.
  • Supplier performance ratings and on‑time delivery metrics.
  • Cost savings achieved through procurement initiatives.
  • Compliance audit results and contract accuracy rate.
Work Environment
  • Typical office environment; hybrid work arrangements may be available.
  • May require occasional travel for supplier meetings or site visits.
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