Emerging Tech and Infrastructure Procurement Manager
1 week ago
We are seeking a highly skilled Procurement Category Manager to join our team at ICW Group. As a key member of our Procurement Department, you will be responsible for managing the IT and Cyber Security spend categories, including developing plans, executing sourcing strategies, and managing supplier relationships.
Key Responsibilities- Drive organizational goals and strategic plans for the PVMS Department.
- Act as a thought leader for the sourcing organization, driving strategic goals with a focus on efficiency, innovation, and cost savings.
- Support the execution of initiatives for the PVMS department that support the strategic sourcing goals of the organization.
- Stay informed on emerging technologies, market trends, and regulatory changes that may impact IT procurement strategies and recommend adjustments as needed.
- Plan and execute procurement, strategic sourcing, and vendor management activities and operations in compliance with corporate policies, applicable law, and effective cost management principles.
- Foster collaborative relationships both internally with stakeholders and externally with prospective and current vendors and other constituencies involved in procurement programs.
- Foster effective procurement infrastructure and lead continuous improvement to ensure alignment with company initiatives.
- Build relationships with key stakeholders to develop an understanding of their needs and deliver effective and timely procurement results.
- Act as a consultant to key stakeholders, communicating approach to sourcing process, category management, negotiations, and vendor management. Align business priorities and category management objectives by developing plans based on analysis of spend data, supply market dynamics, category intelligence, and business requirements.
- Assess current practices and recommend continuous improvement processes/tools based on data analysis and best practices to achieve targeted metrics for strategic sourcing and vendor management success.
- Serve as key advisor, providing recommendations to leaders on vendors, best practices, negotiations, and other aspects of procurement based on assigned categories.
- Leverage data to engage and educate vendors and internal customers in the policies, tools, processes, and benefits of effective procurement partnerships.
- Collaborate with business stakeholders to develop and build influence, evaluate, and change the status quo. Identify and obtain buy-in for category strategy and value opportunities.
- Develop and present negotiation strategies and toolkits (complex and otherwise), using all four phases of the sourcing lifecycle (strategy, assessment, selection, contract, and performance management) to assigned business units.
- Prepare market or data analysis related to procurement and vendor management, as necessary (i.e., supplier scorecards, savings tracking, decision models). Design and manage complex data sets.
- Develop and implement cost savings initiatives for assigned categories via development of category strategies reflecting market conditions.
- Lead negotiations of contract terms to secure optimal pricing, terms, and service levels, leveraging your extensive experience to maximize value for the organization.
- Serve as trusted advisor on related procurement matters; generate positions on critical sourcing/procurement elements.
- Contribute to reporting metrics tracking and management, creates presentations of information and statistics on procurement operations.
- Manage relationships with designated suppliers and designs and offers guidance to stakeholders regarding tools, such as vendor performance scorecards, key performance indicators (KPIs), and process improvement initiatives with assigned suppliers.
- Effectively train and convey the value of RFx sourcing procedures and processes to both PVMS team members and business stakeholders.
- Develop and supervise a team within the Procurement Department.
- Inspires and motivates the category team. Communicates Mission, Values, and other organization operating principles to direct reports.
- Establishes and maintains the overall work cadence and, in partnership with Procurement Department leadership, ensures performance and outcomes strive for excellence in delivery and customer experience.
- Ensures that the entire team is engaged and that leadership practices encourage development, recognition, and retention.
- Acts as a resource for team members to answer questions and provide guidance related to complex problems.
- Manages budget, technology, and other resources, workload, and customer requests for Procurement Department services. Ensures adherence to all Company policies and procedures and Compliance responsibilities.
- Ensures data quality, adherence to IT and compliance policies, profitability, and other risk-related metrics for self and members of the team.
- Bachelor's degree from four-year college or university required with a major or emphasis in Finance, Supply Chain Management, Business, or related field. Master's Degree preferred.
- Minimum 7 years of experience in procurement, contracting, and strategic sourcing processes for several commodity areas required.
- Minimum 5 years of experience with complex vendor contract negotiations required.
- Minimum 3 years of experience in a leadership role required.
- Experience managing the full life cycle of category procurement with sophisticated negotiating techniques.
- Insurance industry experience and services, and MRO category experience preferred.
- Six Sigma certification or training preferred.
- Certifications in procurement and supply management preferred, i.e. Senior Professional in Supply Management (SPSM), Certified Professional in Supply Management (CPSM), Certified Procurement Professional (CPP), Certified Supply Chain Professional (CSCP), Certified Professional Purchasing Manager (CPPM).
We offer a competitive benefits package, with generous medical, dental, and vision plans as well as 401K retirement plans and company match. Bonus potential for all positions. Paid Time Off with an accrual rate of 5.23 hours per pay period (equal to 17 days per year). 10 paid holidays throughout the calendar year. Want to continue learning? We'll support you 100%.
ICW Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer.
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