What are the responsibilities and job description for the Senior Procurement Manager position at RC Consulting Solutions?
Sr. Procurement Manager
Location : Burlington, MA
Position Type : Full Time
Onsite Requirements : Hybrid, 3 days / week
Summary :
We are seeking a sharp, driven, and genuine Sr. Manager of Procurement to join our client’s close-knit, fast-paced, and impactful company. The work we do changes lives around the world, and we are hoping to find the right fit based on experience and culture to join our team. The role will oversee the company’s procurement process, including contract negotiations, sourcing strategy, supplier management, process standardization / improvement, and cost optimization. The ideal candidate will leverage their past experiences to enhance the company’s policies and integration of procure to pay. You’ll be working alongside an incredible team of financial professionals in a rapidly growing organization. If you are a results-driven, service-minded innovator, we’d love to hear from you!
Company Description :
We are a privately owned, globally operating organization radically changing lives and transforming the oncology / hematology industry. We are innovators at the core and enjoy building an internal culture of people that are great to work with while radically improving the lives of those that our organization serves. We are passionate about growth and development, researching and innovation, and challenging the status quo of modern day medicine.
In this role, you will have the opportunity to :
- Strategically source, negotiate contracts, manage supplier relationships, gain and apply market intelligence, optimize processes, and collaborate cross functionally
- Develop and executive functional sourcing strategies within medical and commercial markets and other operational areas.
- Lead negotiations with suppliers to secure superior terms and pricing for operational efficiencies and service levels.
- Identify opportunities for consolidation, volume discounts, and long-term agreements.
- Proactively identify cost-saving opportunities across categories and organization and collaborate with cross-functional teams to implement them.
- Optimize costs, quality, and supplier relationships.
- Define key metrics and policies to track and report on procurement activities. Provide updates to both leadership and business on updates cost savings, supplier negotiations, spend under management, operational efficiencies, and future initiatives.
- Ensure compliance with legal and regulatory requirements.
- Monitor supplier performance, resolve issues, and drive continuous improvement.
- Cultivate strong relationships with key suppliers and service providers.
- Promote supplier diversity and support ESG initiatives by identifying diverse and ESG friendly suppliers and integrating them into the procurement process.
- Oversee the transactional buying function to execute swift and accurate purchasing in compliance with internal standards.
- Establish and enforce procurement policies and processes that ensure alignment with company standards, regulatory requirements, and sustainability goals. Monitor and optimize key procurement performance metrics.
- Stay informed about market trends, pricing fluctuations, and industry dynamics.
- Ensure each step is designed with internal control compliance with proper approval and documentations.
- Enhance efficiency and standardization to reduce cycle times.
- Collaborate with IT and finance teams to enhance P2P system functionality and automation.
- Collaborate with finance, legal, and operations teams to align procurement activities and policies with overall business objectives.
- Oversee the enhancement, execution, and operational excellence of the purchasing process in cross-functional partnership with key stakeholders.
- Advanced analytical skills to analyze market trends, pricing data, supplier performance metrics, and contract terms to identify areas for improvement and cost savings.
Required Qualifications :
Culture Fit Requirements :
This role offers an attractive base salary with a noteworthy bonus opportunity. If you are a talented procurement professional looking for an exciting new challenge, please apply with your resume to luke.brewer@rccsolutions.net.
RC Consulting Solutions is an Equal Opportunity Employer.