Contracts Specialist, Locus Robotics
More information about location
Office located in Wilmington, MA
Manufacturer of autonomous warehouse robots
Job no longer available
Manufacturer of autonomous warehouse robots
201-500 employees
Job no longer available
More information about location
Office located in Wilmington, MA
201-500 employees
Company mission
To transform commerce supply chains worldwide through the use of autonomous mobile robots.
Role
Who you are
- Bachelor’s degree in Business, Accounting, Finance, Legal Studies, or a related field
- 5+ years of experience in contract management
- 5+ years of experience with proficiency in contract lifecycle management systems (CLM)
- 5+ years of experience working with SaaS for data analytics and reporting
- Advanced skills in Microsoft Office Suite, particularly Excel; experience with NetSuite or similar tools is a plus
- Proven ability to suggest and implement process improvements, with a proactive approach to problem-solving
- Experience with data visualization and reporting tools; proficiency in AI-based tools for data extraction is preferred
- Detail-oriented and able to manage multiple priorities in a fast-paced, high-growth environment
- Demonstrates high standards in aligning with company values and ethical principles
- Excellent written and verbal English communication skills, with the ability to effectively engage with stakeholders at all levels of the organization
What the job involves
- Our rapid growth has created a need for a Contracts Specialist position
- This role enables close collaboration with cross-functional teams
- You will serve as a key liaison between the Locus Robotics sales and contract teams, ensuring seamless capture of contract requirements and workflows from inception through execution
- In this role, you will have the opportunity to enhance contract lifecycle management processes, drive efficiency, and support the company's growth by ensuring compliance and operational excellence
- Maintain and update the company’s contract database to enable tracking of pre-execution, executed, and fulfilled robotics deployments, ensuring compliance and accuracy
- Draft, negotiate, and manage customer NDAs, RaaS Agreements, and Sublicense Agreements within defined playbook guidelines, escalating non-standard terms for approval
- Track implementation events to support revenue recognition by correlating shipping and installation activities with invoicing
- Collaborate with finance, customer support, and manufacturing to monitor customer site statuses and enable timely revenue recognition
- Ensure schedules and contracts are drafted with 100% accuracy, addressing quantities, dates, pricing, and totals, while adhering to defined timelines
- Develop and implement improved processes for managing contract workflows and reporting, including automating where possible
- Support audits by providing requested contract data and confirmations within specified timeframes
- Synchronize data from various reporting sources to enhance company metric reporting
- Assist in the implementation and optimization of systems for automating contract lifecycle management (CLM)
- Track and manage contract negotiations by stage, providing regular updates and ensuring transparency across internal stakeholders
- Provide training on contract processes, drafting strategies, and system tools to enhance team efficiency and knowledge
Our take
Many order fulfilment warehouses rely on a combination of human workers and machinery to operate packaging assembly lines. However, these workflows are time-consuming and repetitive, showing the potential for human workers to be replaced with AI-driven robots.
Locus Robotics provides automated robotic technologies for fulfilment warehouses, offering a range of different robots for different workflows. Every robot outputs data that can be tracked and analyzed, and they can be installed rapidly and scaled depending on business size.
Whilst robots in warehouses is not a new concept, they are generally limited to warehouse giants such as Amazon. Locus Robotics, however, has taken a flexible and accessible approach to its technology, aiming to increase access and affordability so that smaller businesses can scale.
Having picked over three billion items across its network of customers, the company is well established. It has also seen significant funding which has supported international expansion. In the longer term, when market conditions allow, it will consider an initial public offering.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
25% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Nov 2022
$117m
SERIES F
Sep 2021
$50m
SERIES E
Total funding: $416m
Company HQ
Wilmington, MA
Leadership
Rick Faulk
(CEO)Experience as CEO and Chairman of Intronis & Barracuda Networks from 2013 to 2016. CEO of Quiet Logistics from 2016 to 2018.
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