Procurement Manager

5 days ago


Billerica MA United States Parexel International Corporation Full time

The Procurement Manager has the primary responsibilities to support strong vendor relationships with key providers, as well as, with key internal stakeholders in order to achieve seamless collaboration between Parexel vendors and internal project leaders and study teams. As a Procurement Manager, you will act as an advisor to the category managers and other internal business owners.

**Preferred minimum of 3-6 years Category Management/Strategic Procurement/Vendor Management experience**

PLEASE NOTE *PRIOR CRO/PHARMA EXPERIENCE IS REQUIRED

Job Responsibilities:

  • 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.

  • You will 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.

  • You will advise on contract negotiations, vendor selection, and risk assessment, while supporting category managers and business owners in addressing complex procurement issues.

Experience/Skills required:

  • 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


please note *** PRIOR CRO/PHARMA EXPERIENCE IS REQUIRED FOR ROLE**

Education:

  • Educated to a bachelor's degree level

  • Preferred background in a life science, pharmacy, health-related discipline, business administration, management, IT, Nursing or other relevant experience within clinical vendor management required


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