Procurement and Vendor Management Professional
5 days ago
About the Role
Exact Sciences is a leading company in cancer prevention, detection, and treatment. We are looking for a highly skilled Procurement and Vendor Management Professional to join our team.
The ideal candidate will have 7 years of experience in supplier management, strategic sourcing, category management, or a related field. A bachelor's degree in Supply Chain Management, Engineering, Business Management, or a related field is required. The candidate should also have experience with Source-to-Pay systems, such as Coupa, and SAP.
Key Responsibilities
- Manage supplier risk and performance globally for the enterprise, ensuring suppliers meet terms of commercial agreements.
- Develop plans to mitigate risk and increase supplier performance in partnership with Due Diligence Partners and Category Management teams.
- Identify value opportunities across the supplier portfolio and lead cross-functional teams to optimize supplier relationships.
- Manage supplier escalations, ensuring outsourced business needs are met and supplier relationships remain strong.
- Execute supplier management activities within S2P & ERP systems, including new supplier onboarding, supplier ongoing maintenance, and supplier deactivation, in partnership with Category Management and Finance teams.
- Monitor and mitigate ongoing supplier risk, inherent to supplier relationship or supplier engagement, while partnering with Third-Party Risk Analysts and Due Diligence Partners.
- Partner with Category Management teams to influence category strategy based on residual supplier risk. Communicate risk details and bring recommendations to mitigate risk in partnership with Third-Party Risk Analysts.
- Monitor key performance indicators (KPIs) related to supplier risk and performance, including supplier scorecards, risk scores, and supplier dashboards. Communicate findings to relationship owners and Category Management teams to influence strategies.
- Manage the supplier segmentation model, partnering with Category Management teams to ensure accurate classification of supplier portfolio. Provide guidance and feedback on supplier criticality to the enterprise based on supplier data.
- Plan and lead review of supplier relationship management in support of company policies and standards. Consult stakeholders on effective supplier relationship management.
- Continuously improve upon business processes to innovate supplier management processes and policies, working towards best-in-class practices.
- Build strong and trusting relationships with due diligence teams and business partners; work collaboratively to achieve objectives; communicate with impact to a range of audiences.
- Assist in coaching fellow Supplier Management colleagues, providing ways to improve and enhance ways of working.
- Manage escalations efficiently and provide quick resolutions to business partners.
- Collaborate across organization, coaching and influencing on supplier strategies and best practices related to supplier management.
- Develop and maintain strong relationships with internal customers.
- Uphold company mission and values through accountability, innovation, integrity, quality, and teamwork.
- Support and comply with the company's Quality Management System policies and procedures.
- Maintain regular and reliable attendance.
- Strong written, organizational, and verbal communication skills are essential.
- Strong attention-to-detail.
- Ability to act with an inclusion mindset and model these behaviors for the organization.
- Ability to work designated schedule.
- Ability to work on a mobile device, tablet, or in front of a computer screen and/or perform typing for approximately 80% of a typical working day.
- Ability to work on a computer and phone simultaneously.
- Ability to use a telephone through a headset.
- Ability to travel 10% of working time away from work location, may include overnight/weekend travel.
What We Offer
Exact Sciences is proud to offer a competitive salary of $85,000 - $135,000 per year, based on experience. This role is bonus eligible, and is eligible to receive company stock upon hire as well as annually.
We offer a comprehensive benefits package, including paid time off, paid leave for parents and caregivers, a retirement savings plan, wellness support, and health benefits including medical, prescription drug, dental, and vision coverage.
Our success relies on the experiences and perspectives of a diverse team, and Exact Sciences fosters a culture where all employees can develop personally and professionally with a sense of respect and belonging.
We are an equal employment opportunity employer and welcome applicants from diverse backgrounds.
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