Procurement Manager

4 days ago

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Parexel

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Regulatory and product development consulting • early phase clinical research • phase II-III clinical research • late phase clinical research • eClinical solutions

10,000+

💰 Venture Round on 1990-01

Description

• The Procurement Manager has the primary responsibilities to support strong vendor relationships with key providers, • Collaborate with internal stakeholders to define procurement needs and objectives while creating and executing procurement strategies to ensure cost-effective and high-quality vendor selection. • Foster strong vendor relationships through collaboration while negotiating contracts and pricing agreements. • Successfully identify cost reduction opportunities through strategic sourcing and supplier management initiatives while implementing measures to optimize procurement processes, such as contract standardization and automation. • Track and analyze procurement data to identify trends and areas for improvement, while collaborating with finance and other departments to develop and monitor cost-saving initiatives. • Advise on contract negotiations, vendor selection, and risk assessment, while supporting category managers and business owners in addressing complex procurement issues.

Requirements

• Preferred minimum of 3-6 years Category Management/Strategic Procurement/Vendor Management experience • Experience in developing and implementing procurement processes, strategies, and best practices with strong contract management skills. • Ability to foster and maintain relationships with vendors and internal stakeholders • Knowledge of regulatory and compliance requirements related to procurement processes. • Analytical in nature with excellent communication skills - strong interpersonal, negotiation ability with exceptional problem-solving skills. • Ability to conduct market research and analysis • Proficiency in using procurement software and tools • Solid understanding of finance and cost-saving principles • Strong organizational, attention to detail and effective time management skills • Ability to work collaboratively in a team environment and effectively multi-task. • Strong leadership and decision-making skills.