Senior Associate, Procurement & Sourcing at Alvarez & Marsal Holdings, LLC in Chicago, Illinois

Job Description:

Alvarez & Marsal Private Equity Performance Improvement

Senior Associate, Procurement & Sourcing

Alvarez & Marsal, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Private Equity Performance Improvement (PEPI) - team in various locations throughout the U.S. With more than 200 professionals based in 40 locations across North America, Europe, Asia, and Latin America, PEPI excels in problem solving and value creation. Drawing on a strong operational heritage and hands-on-approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

A&M's Private Equity Performance Improvement Services (PEPI) practice, with offices throughout the US, focuses on serving middle market and large cap private equity firms who have engaged A&M to help improve operating results at their portfolio companies.

Our professionals are aligned with a PEPI service line to promote the development of deep functional skills & experiences and to maximize our ability to tailor solutions to solve our clients' business issues.

Our PEPI services include:

Supply Chain

Rapid Results

Manufacturing Operations Improvement

Pre-Acquisition Operations

Interim Management

Merger Integration & Carve-outs

IT

CFO Services

A&M's Supply Chain Operations professionals assist our clients in analyzing each part of the supply chain process including: Procurement and Sourcing, Production, Logistics, Distribution and Sales, Inventory and Operations Planning (SI&OP) to identify value creation opportunities, develop a road map to accelerate those opportunities and assist with driving them to our client's bottom line. From our thorough fact-based analysis, we assess the state of operations, identify key risks to investment and quantify potential EBITDA improvement plans.

The PEPI Supply Chain group is a growing business with high growth projected throughout the next two to four years. We offer excellent opportunities for career advancement and build leadership skills. The leadership team is focused on providing development opportunities, training and exposure to international and domestic business assignments.

Professional experience:

We are seeking individuals that can lead and deliver project work streams for complex client engagements working closely with Private Equity teams to identify, design, and implement creative business solutions for their portfolio companies.

Senior Associates support the following types of workstreams and may be asked to conduct analysis as well as execute with team members to deliver results:

• Gain a comprehensive understanding of a client's procurement organization and strategic sourcing capabilities


• Assist in the development and implementation of sourcing strategies to meet growth and financial objectives through effective integration with forecasting, demand/supply planning, inventory management, and distribution & logistics


• Assist in developing and managing efforts in sourcing and procurement


• Lead supplier identification, approval, contract/pricing negotiations and vendor relations


• Develop implementation plans to drive proposed changes in procurement and sourcing initiatives


• Conduct analysis depending on project scope.

Professional skills:

• Strong written, oral, and analytical skills


• Strong Excel and PowerPoint skills


• Structured project management (time, team and work-stream management)


• Initiative and drive


• Critical thinking skills


• Ability to deliver time-pressured projects on-time and on-quality


• Flexible and creative thinking


• Client relationship building


• Excellent presentation skills

Qualifications:

• 4-7 plus years of consulting or industry experience


• Preference for industry roles within Sourcing and Procurement functions


• Industry experience in direct and/or indirect categories


• Previous advisory experience from a top-tier strategy firm or Big-4 consultancy HIGHLY DESIRABLE


• MBA preferred


• Experience managing direct and / or indirect categories


• Demonstrated track record of leading sustainable high-impact strategic sourcing approaches


• Exemplary experience designing end-to-end procurement strategies


• Excellent fact-gathering and analytical skills, including business process mapping and quantitative analysis


• Flexibility to travel up to 80% of the time

Diversity & Inclusion

A&M's entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity and we foster inclusiveness. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Voluntary Inclusion

It is Alvarez & Marsal's policy to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, sex, sexual orientation, gender identity, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor in accordance with all applicable laws and regulations.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters were engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.