Procurement Buyer
Oncor Electric Delivery, Fort Worth, TX, United States
Description
Salary Range: $75,035-$100,047
Relocation: No
About Us
Oncor Electric Delivery Company LLC, headquartered in Dallas, is a regulated electricity transmission and distribution business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor (together with its subsidiaries) operates the largest transmission and distribution system in Texas, delivering power to nearly 4 million homes and businesses and operating more than 143,000 miles of transmission and distribution lines in Texas.
Position Summary
As a Procurement Buyer at Oncor, you’ll perform a wide range of procurement responsibilities including: managing the procurement of equipment, materials, goods, and services, developing and administering contracts and amendments; leading/supporting sourcing initiatives; managing supplier and internal stakeholder relationships; responding to supplier inquiries; training internal clients on procurement processes and services; and controlling documentation and transactions to meet Company, Audit, and SOX standards. This individual is also responsible for participating on internal process improvement teams and cross functional initiatives, as required.
This position is a hybrid role based in our 777 Main St – Fort Worth, TX location.
Key Responsibilities :
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Manage procurement transactions related to the acquisition of equipment, materials, goods, supplies, and services.
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Manage supplier sourcing process for the acquisition of products and services for Tier 2 suppliers with support and guidance from senior team members. These responsibilities include development of Request for Proposals (RFP), pre-bid conferences, response evaluation and scoring, reverse auctions, and supplier negotiations.
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Lead contract development and execution process for agreements of moderate complexity, including: terms and conditions, performance measures, insurance requirements, and managing appropriate internal stakeholder reviews for contract execution, such as business owners, Legal, Internal Audit, and SOX.
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Support Senior Buyers, Supply Chain Specialists, and Sourcing Managers on more complex sourcing initiatives.
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Track upcoming contract expirations and communicate status to contract owners and take required actions prior to contracts expiring.
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Monitor actual spend versus contract forecasting limit, communicate status to contract owners and take required actions prior to actual costs exceeding forecasted level.
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Manage contract compliance processes (pricing, insurance coverage, etc.).
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Serve as Contract Administrator for Tier 2 suppliers and potentially Tier 1 suppliers.
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Review and respond to open supplier inquiries forwarded by Associate Buyer and ensure timely responses are provided.
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Develop relationships with internal stakeholders and contract owners.
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Manage filing of purchase order and contract file documentation in Supply Chain’s designated system according to documentation standards.
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Review/audit purchase order and contract files to ensure documentation is accurate and complete.
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Participate and contribute to process standardization and reengineering efforts in order to deliver high quality, efficient, and cost-effective solutions.
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Review procurement system buyer activities on a weekly basis, take required actions to meet audit requirements.
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Assist in the standardization and documentation of processes and procedures as part of team’s process improvement effort.
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Support and promote Oncor’s supplier diversity program.
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Incorporate safety into daily work ethic and buying decision process.
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Develop and maintain product, industry, and market knowledge.
Skills :
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Solid business knowledge and understanding of procurement processes.
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Excellent written and oral communication skills.
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Experienced in managing the end-to-end sourcing lifecycle for initiatives that range from a basic to intermediate level of complexity.
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Solid skills in supplier performance management.
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Basic project management skills.
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Experience participating in process improvement initiatives.
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Intermediate application skills in Microsoft Word, Excel, and PowerPoint.
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Ability to reach agreement and positively influence team outcomes.
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Ability to work with and manage confidential information.
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Ability to negotiate and persuade others.
Education & Experience :
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High School diploma or equivalent AND 4+ years of related work experience required.
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Will consider applicants with an Associate’s Degree AND 2+ years of related work experience with 1+ year directly in utility OR applicants with Bachelor’s degree in Business, Supply Chain, or related field of study in lieu of above criteria.
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Applicants with a Certification or Professional Credentials in Procurement or Supply chain encouraged to apply.
Travel :
- up to 25%
Measure of Success :
- Demonstrates Oncor’s core values including: ethical conduct, intensity, respect, excellence, and innovation.
Benefits
At Oncor, we offer a comprehensive set of benefits, compensation and performance management programs designed specifically to attract, retain, motivate and reward our high-performing workforce. Our supportive and inclusive culture allows every team member the opportunity to thrive and make a difference. We invest in our employee’s success and well-being by offering such things as:
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Annual incentive program.
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Competitive health and welfare benefits (medical, dental, vision, life insurance).
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Ability to earn wellness incentives (up to $2,000 in 2025) and other wellbeing resources.
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401k with dollar-for-dollar company match up to 6%.
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Cash balance pension plan.
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Adoption Assistance.
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Mental health resources.
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Employee resource groups.
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Tuition reimbursement.
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Competitive vacation, 10 company holidays and 2 personal holidays.
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Paid parental leave.
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Salary continuation for up to 6 months for approved employee illness or injury.
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Other perks such as commuter benefits, electric vehicle incentive program, appliance purchase plan.
Participation in benefit programs for employees in collective bargaining units is subject to the applicable collective bargaining agreement.
Qualifications
Education
Required
- High School or better
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)