Category Manager

4 weeks ago

Nashville, Tennessee, United States Vanderbilt University Full time
Job Description

At Vanderbilt University, we are seeking a highly skilled Category Manager to join our Procurement team. As a key member of our team, you will be responsible for developing and implementing category sourcing strategies to identify, select, and contract with suppliers that meet the university's requirements for quality, cost, performance, and compliance.

Key Responsibilities:

  • Develop and document data-driven category strategies aligned with the University vision, strategic initiatives, and principles.
  • Partner with University stakeholders to develop, implement, and manage category strategies, incorporating sustainability, inclusivity, and innovative sourcing solutions.
  • Analyze spend data to determine pricing inconsistencies, savings opportunities, and consolidation and demand management opportunities.
  • Track trends in the marketplace and actively monitor price indices applicable to category areas, identifies new sources of supply, and engages with potential and existing suppliers.
  • Establish master agreements, negotiate contracts, develop Requests for Proposals, develop minority and local business plans, coordinate, and collaborate with suppliers to request price quotes and proposals for goods and services in line with category strategies.
  • Lead negotiations with suppliers to secure favorable terms and pricing agreements while maintaining quality standards, taking into account Vanderbilt policies and customer requirements.
  • Execute contracts, master agreements, etc. within signature authority limits.
  • Collaborate with internal stakeholders to understand their procurement needs and requirements, partnering throughout the procurement process.
  • Develop an eProcurement strategy for respective category areas and work closely with suppliers to enable contracted suppliers in the eProcurement system.
  • Measure and manage supplier performance relative to contracted service levels. Identify and resolve supplier performance issues.
  • Monitor market trends, industry developments, and regulatory changes to identify potential risks and opportunities in the supply chain. Develop and maintain risk mitigation plans, inclusive of proactive risk identification and risk prevention, mitigation, and compliance with stakeholders.
  • Collaborate in the development of effective and efficient procurement policies and procedures.
  • Seek opportunities for continuing process improvement in terms of processes and capabilities within this role and within the Finance group overall. Perform special projects and analyses as assigned.
  • Reviews and authorizes assigned purchase orders in accordance with departmental needs, best procurement practices, and university policy.
  • Oversee day-to-day effectiveness processing purchase orders, resolving invoice holds, and warranty disputes with customers and suppliers.
  • Implement best practices and processes to optimize procurement efficiency, including the use of technology and automation tools where applicable.

Requirements:

  • A Bachelor's degree from an accredited institution of higher education.
  • Certified Purchasing Manager (CPM) or other purchasing professional certification is preferred.
  • 5+ years of strategic sourcing and category management experience.
  • Experience with power management and power monitoring systems.
  • Experience practicing best-in-class procurement processes (category management, benchmarking, should-cost models, RFX, reverse auction, contracting, etc.).
  • Ability to draft and negotiate complex contracts within facilities and construction with solid working knowledge of procurement contract law.
  • Experience in leading Request for Proposal (RFP) projects and conducting competitive bidding.
  • Ability to understand commercial imperatives and trading relationships.
  • Familiarity with supply chain, operational, cost, and financial analysis.
  • Experience developing tools, reports, process maps, scorecards, and data visualizations that improve upon those currently employed for understanding the business and making decisions.
  • Ability to analyze large amounts of data and distill it into an Executive level presentation.
  • Experience working with eProcurement platforms is preferred.

Commitment to Equity, Diversity, and Inclusion:

At Vanderbilt University, we are intentional about and assume accountability for fostering advancement and respect for equity, diversity, and inclusion for all students, faculty, and staff. Our commitment to diversity makes us who we are. We have created a community that celebrates differences and lets individuality thrive. As part of this commitment, we actively value diversity in our workplace and learning environments as we seek to take advantage of the rich backgrounds and abilities of everyone. The diverse voices of Vanderbilt represent an invaluable resource for the University in its efforts to fulfill its mission and strive to be an example of excellence in higher education.

Vanderbilt University is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran, or any other characteristic protected by law.

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