FirstEnergy · 1 day ago
Procurement Specialist
FirstEnergy is a forward-thinking electric utility committed to operational excellence and community strength. They are seeking a Procurement Specialist to collaborate with stakeholders on sourcing initiatives, optimize contracting strategies, and leverage technology for supplier spend analysis.
Clean EnergyEnergyEnergy EfficiencyInformation Services
Responsibilities
Supporting the strategic category manager in achieving significant cost reductions in assigned categories
Defining contracting optimization strategies that seek total cost of ownership and service level improvements
Working directly with stakeholders (users and support areas) to develop optimization strategies and improvement execution plans
Leveraging technology, analytics, and tools to collect and analyze supplier spend data to drive savings
Analyzing supplier performance data and provide input to category sourcing strategy
Developing strategic plans for contracting and improving managed categories
Ensuring execution of strategies within user area
Leading supplier selection and management
Measuring and tracking performance of overlooked suppliers
Developing knowledge and best practices in the categories within areas of responsibility
Ensuring user satisfaction of the strategic sourcing process
Keeping strategic manager informed about procurement progress
Planning and leading RFP processes in assigned categories
Coordinating with users’ technical assessment of received proposals
Negotiating contract conditions that are more favorable for FirstEnergy
Tracking market dynamics of categories
Defining cost benchmarks for categories under management
Qualification
Required
Bachelor's degree in Supply Chain, business administration, engineering, or related discipline and 2+ years of related work experience is required
In lieu of a degree, High School or equivalent and 4+ years related work experience is required
Related work experience includes supply chain or sourcing
Successful implementation of category improvements
Ensure compliance with all policies and procedures
Preferred
Specific utility level experience preferred in procurement of Material & Equipment, Professional Services or Utility Services is preferred
Benefits
Competitive pay plus incentive compensation
A company-sponsored pension plan
401(k) savings plan with matching employer contribution
A choice of medical, prescription drug, dental, vision, and life insurance programs
Skills development training with tuition reimbursement
Company
FirstEnergy
We are a forward-thinking electric utility centered on integrity, powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger.
Funding
Current Stage
Public CompanyTotal Funding
$3.55BKey Investors
US Department of Energy
2024-11-14Grant· $50M
2023-05-01Post Ipo Debt· $1B
2018-01-22Post Ipo Equity· $2.5B
Leadership Team
Charles E. Jones
President and Chief Executive Officer Member
John Somerhalder
Interim President and Chief Executive Officer
Recent News
2026-01-09
2025-12-19
2025-12-17
Company data provided by crunchbase