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Procurement Manager
IQTalent Burlington, MA
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$129k-163k (estimate)
Full Time 2 Days Ago
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IQTalent is Hiring a Procurement Manager Near Burlington, MA

This Procurement Manager opportunity is for a Gartner Magic Quadrant leader in application security testing with 2,000 employees globally.

Synopsys Software Integrity Group Overview

At SIG, Synopsys’ Software Integrity Group, we are enthusiastic learners and seasoned inventors. We are makers and visionaries who make technology safer. We are innovators who develop the best solutions to keep your software safe. Whether you’re selling it directly to your customers or relying on it to run your operations, SIG helps you protect your bottom line by building trust in your software—at the speed your business demands. We embrace diversity as a company, so we can create solutions that serve not just technology but the humans behind it.

About the Role

We are seeking an energetic, growth-oriented, and creative individual to lead the Procurement Team. This person will act as a worldwide strategic liaison between stakeholders who have purchasing needs and vendors looking to partner with the business, manage organizational spend, maximize the value of vendor partnerships, and mitigate potential third-party risks. The Procurement Manager will also strategize to find cost-effective deals and suppliers and discover the best ways to optimize the supply base.

Key Responsibilities:

Centralized Procurement Authority: Act as the single point of contact for all procurement requests globally, ensuring a streamlined approach to buying and managing goods and services.

Vendor Relationship Management: Forge and maintain strategic relationships with vendors, managing all aspects from performance evaluation to contract renewal, ensuring we get competitive pricing and timely delivery of products.

Strategic Negotiation and Contract Management: Leverage strong negotiation skills to support and assist functional leaders, and at times lead negotiations, to secure favorable terms with vendors. Perform thorough contract reviews and cost analyses to maximize value from our investments.

Usage Optimization: Collaborate with our IT team to implement and manage systems for monitoring utilization across the organization. Regularly review usage to align with actual needs, identifying opportunities to reduce costs by reallocating or terminating underutilized goods and services.

Spend Analysis, Market Research and Vendor Sourcing: Continuously scout for new vendors, geographies and procurement channels, assessing the benefits of direct purchases vs. channel options to ensure cost-efficiency and operational alignment.

Stakeholder Collaboration: Work closely with internal teams worldwide to understand evolving requirements and ensure the procurement strategy supports these needs effectively.

Compliance and Risk Mitigation: Maintain vigilant compliance with legal and regulatory standards, proactively managing risks associated with procurement.

Requirements:

  • Bachelor’s degree in business administration, finance, accounting, or related degree.
  • Advanced credential preferred (e.g. CPSM)
  • 10 years of work experience with increasing responsibility w/ consistent track record of accomplishments.
  • 3 - 5 years supervisory preferred.
  • Indirect and technology purchasing experience.
  • Strong communication (written and verbal), organizational, analytical, and problem-solving skills.
  • Demonstrated success in a collaborative, fast growing environment, proven attention to detail.
  • High degree of motivation, responsibility, and flexibility.
  • Knowledge of procurement automation such as e-sourcing and e-procurement.
  • Ability to gather, clean, analyze and interpret data.
  • Ability to identify, minimize and mitigate threats to the business.

What we Offer :

  • A work environment that allows you to work with and learn from some of the best and brightest.
  • The freedom to learn, suggest, and implement innovative new ideas applied to our systems, processes, programs, and technologies.
  • Daily ownership of your role in a challenging, high-growth environment.
  • Competitive pay and benefits programs designed to enable you to thrive inside and outside of work.

Clearlake and Francisco Partners are acquiring Software Integrity Group from Synopsys. More information can be found at: Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners

About Clearlake

Founded in 2006, Clearlake is an investment firm operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are technology, industrials, and consumer. Clearlake currently has over $75 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, Dublin, Ireland, and Singapore. Learn more at www.clearlake.com.

About Francisco Partners

Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch nearly 25 years ago, Francisco Partners has invested in more than 400 technology companies, making it one of the most active and longstanding investors in the technology industry. With approximately $45 billion in capital raised to date, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. Learn more at www.franciscopartners.com.

Job Summary

JOB TYPE

Full Time

SALARY

$129k-163k (estimate)

POST DATE

06/28/2024

EXPIRATION DATE

07/14/2024

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IQTalent
Full Time
$119k-152k (estimate)
1 Week Ago

The following is the career advancement route for Procurement Manager positions, which can be used as a reference in future career path planning. As a Procurement Manager, it can be promoted into senior positions as a Gas Supply Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Procurement Manager. You can explore the career advancement for a Procurement Manager below and select your interested title to get hiring information.

If you are interested in becoming a Procurement Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Procurement Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Procurement Manager job description and responsibilities

A procurement manager continually manage and evaluate the performance of each vendor to ensure the partnership remains mutually beneficial.

12/20/2021: New Britain, CT

A procurement manager must also ensure that the goods and services they acquire fall within budget guidelines.

12/29/2021: Wilmington, NC

Procurement Managers are responsible for coordinating and obtaining any goods, services or products that a business or organization requires.

02/18/2022: Anchorage, AK

Procurement managers handle the daily problems that crop up regarding procurement activities.

01/23/2022: Kennewick, WA

Procurement managers usually evaluate a department's operational efficiency based on turn-around time, quantity and total value of purchases, customer service and total amount of money saved.

03/02/2022: Port Arthur, TX

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Procurement Manager jobs

Attending Trade Shows, Conferences, and Meetings.

02/14/2022: Eugene, OR

Collaboration with Staff Members for Meeting the Standards.

01/17/2022: Rock Hill, SC

Collaboration with Suppliers for Agreeing Upon Policies.

01/19/2022: New London, CT

Negotiate contracts with suppliers and vendors.

02/21/2022: Lexington, KY

Obtain supply chain management professional certificate.

01/12/2022: Benton Harbor, MI

Step 3: View the best colleges and universities for Procurement Manager.

Butler University
Taylor University
California State University--Maritime Academy
William Jessup University
Fairfield University
United States Merchant Marine Academy
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