What are the responsibilities and job description for the Strategic Procurement Manager position at International Road Dynamics Inc?
Job Description
Overview
The Strategic Procurement Manager is responsible for developing and implementing strategic procurement initiatives to optimize costs, drive efficiency, and enhance supplier relationships. This position requires a seasoned professional with a deep understanding of procurement best practices, market dynamics, and supplier management strategies. The Strategic Procurement Manager collaborates with internal stakeholders to align procurement strategies with organizational goals and objectives while ensuring compliance with regulatory requirements and ethical standards.
Responsibilities
This list of responsibilities might not cover everything you'll end up doing.
Qualifications
Benefits
We welcome applicants from all backgrounds, regardless of race, color, religion, sex, veteran status, sexual orientation, gender identity, national origin, age, or disability or any other protected characteristics in accordance with applicable federal, state/provincial, and local laws. We're committed to creating a workplace where everyone feels valued and respected.
The Strategic Procurement Manager is responsible for developing and implementing strategic procurement initiatives to optimize costs, drive efficiency, and enhance supplier relationships. This position requires a seasoned professional with a deep understanding of procurement best practices, market dynamics, and supplier management strategies. The Strategic Procurement Manager collaborates with internal stakeholders to align procurement strategies with organizational goals and objectives while ensuring compliance with regulatory requirements and ethical standards.
Responsibilities
Strategic Procurement Planning
- Develop and execute strategic procurement plans aligned with organizational objectives, financial targets, and market trends.
- Conduct comprehensive analysis of procurement needs, market conditions, and supplier capabilities to identify opportunities for cost savings and process improvements.
- Collaborate with cross-functional teams to define sourcing strategies, specifications, and selection criteria for goods and services.
Supplier Relationship Management
- Build and maintain strategic relationships with key suppliers, fostering collaboration, innovation, and mutual value creation.
- Negotiate and establish contractual agreements, pricing structures, and service level commitments with suppliers to achieve favorable terms and conditions.
- Monitor supplier performance and conduct regular performance reviews to ensure alignment with contractual obligations and quality standards.
Sourcing and Vendor Selection
- Conduct market research and supplier evaluations to identify potential vendors, assess their capabilities, and mitigate supply chain risks.
- Lead competitive bidding processes, request for proposals (RFPs), and supplier negotiations to optimize costs and drive value for the organization.
- Evaluate vendor proposals, analyze cost-benefit considerations, and make recommendations for vendor selection based on predefined criteria.
Continuous Improvement
- Identify opportunities for process optimization, automation, and standardization to streamline procurement workflows and enhance efficiency.
- Implement best practices, tools, and technologies to support strategic procurement initiatives and drive organizational excellence.
- Foster a culture of innovation, continuous learning, and knowledge sharing within the procurement team and across the organization.
Stakeholder Communication
- Serve as the primary point of contact for internal and external stakeholders regarding contract matters.
- Communicate contract requirements, rights, and obligations to relevant parties, ensuring clarity and understanding.
- Provide guidance and support to departments across the organization on contract-related issues, policies, and procedures.
This list of responsibilities might not cover everything you'll end up doing.
Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field.
- 7-10 years of experience in strategic procurement, supplier management, and contract negotiation.
- Strong analytical skills with the ability to analyze data, identify trends, and make data-driven decisions.
- Excellent negotiation, communication, and interpersonal skills, with the ability to build rapport and influence stakeholders at all levels.
- Solid understanding of procurement best practices, contract terms, and regulatory requirements.
- Proficiency in procurement software and tools (e.g., ERP systems, e-procurement platforms, spend analysis tools).
Benefits
We offer a Total Rewards plan designed with you and your family’s health and wellness in mind that includes:
- Paid days off (i.e. vacation, sick days, bereavement leave)
- Health and Dental plans
- Retirement plans
- Employee and Family Assistance Program (EFAP)
- Employee referral program
We welcome applicants from all backgrounds, regardless of race, color, religion, sex, veteran status, sexual orientation, gender identity, national origin, age, or disability or any other protected characteristics in accordance with applicable federal, state/provincial, and local laws. We're committed to creating a workplace where everyone feels valued and respected.
We appreciate all responses and will acknowledge only those being considered for an interview.
We respectfully request no calls or unsolicited resumes from Agencies.