Procurement Manager
1 month ago
About Us
CorDx is a leading healthcare diagnostic manufacturer, dedicated to delivering high-quality diagnostic solutions to consumers and healthcare professionals.
The ideal candidate for the Procurement Manager will oversee the procurement of goods and services for the e-commerce division, ensuring that the supply chain is efficient, cost-effective, and aligns with the company's business objectives.
This role involves managing vendor relationships, optimizing procurement processes, and working closely with various departments to support the e-commerce platform's needs.
Key Responsibilities:
- Develop and implement procurement strategies that support the e-commerce division's goals and objectives.
- Analyze market trends and supplier capabilities to identify opportunities for cost savings and supply chain improvements.
- Manage the procurement budget and ensure alignment with financial targets.
- Identify, evaluate, and select suppliers and vendors that meet the company's quality, cost, and delivery requirements.
- Negotiate contracts, terms, and conditions with suppliers to secure favorable agreements.
- Streamline procurement processes to enhance efficiency and reduce lead times.
- Implement best practices in procurement and supply chain management to support e-commerce operations.
- Develop and maintain procurement policies and procedures to ensure compliance with company standards and industry regulations.
- Collaborate with inventory management teams to forecast demand and ensure optimal stock levels.
- Monitor inventory levels and adjust procurement plans to prevent stockouts or overstock situations.
- Coordinate with warehouse and logistics teams to ensure timely delivery of products.
- Work closely with e-commerce, marketing, and product teams to understand product requirements and procurement needs.
- Support new product launches by managing the procurement of necessary materials and supplies.
- Monitor and analyze procurement costs and identify opportunities for cost reduction.
- Implement cost-control measures and negotiate favorable pricing with suppliers.
- Prepare and present procurement reports and financial analyses to senior management.
- Ensure that procured goods and services meet the company's quality standards and specifications.
- Address any quality issues with suppliers and work to resolve them in a timely manner by conducting regular audits.
- Identify and mitigate risks related to procurement, including supply chain disruptions and supplier performance issues.
- Develop contingency plans to address potential supply chain challenges.
Requirements:
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field; advanced degree or professional certification (e.g., CPSM, CPP) preferred.
- 7+ years of proven experience in procurement, supply chain management, or related roles, with a focus on e-commerce or retail environments.
- Strong knowledge of procurement processes, vendor management, and contract negotiation.
- Excellent analytical, negotiation, and communication skills.
- Ability to work collaboratively with cross-functional teams and manage multiple priorities.
- Proficiency in procurement software and tools, and familiarity with e-commerce platforms and systems.
Benefits:
- Medical Insurance
- Retirement Plan
- Paid Time-Off
- Training & Development
We are an equal-opportunity employer and celebrate diversity, recognizing that diversity of thought and background builds stronger teams. We approach diversity and inclusion seriously and thoughtfully.
We do not discriminate on the basis of race, religion, color, ancestry, national origin, caste, sex, sexual orientation, gender, gender identity or expression, age, disability, medical condition, pregnancy, genetic makeup, marital status, or military service.
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