Procurement Manager POST NUMBER: 468725
They do a spectacular job of attracting and retaining their employees by offering a comprehensive and competitive benefits package designed to support employee well-being, financial security, and professional growth. Key selling points for employees include premium-free health coverage, generous retirement contributions, opportunities for equity-based compensation, flexible working, generous leave, professional growth, innovative work environment, plenty of on-site perks and a solid work life balance.
Currently, they are looking for a Procurement Manager with 3 years of experience working in a large matrixed organization and someone that is willing to work in the office 5 days a week.
Responsibilities:
• Utilize industry trends, data analysis, third-party supplier spend data, and internal requirements to develop strategies that proactively identify optimization opportunities to assist the team in meeting their goals.
• Support and drive the execution of strategic sourcing plans and supplier spend management strategies, including handling complex sourcing projects and contract negotiations that optimize value to the company.
• Develop strong collaborative relationships with key business partners to understand their needs and become a trusted partner in strategically managing their spend and supplier relationships.
• Manage strategic relationships with key suppliers, influencing their processes, resource decisions, performance management, and policies to create mutually beneficial and sustainable partnerships.
• Develop strong internal partnerships across Indirect Procurement, Finance, Operations, Stakeholder, Compliance, and Legal teams.
• Maintain accurate and complete records, work with various business groups to simplify processes, and contribute to the implementation, planning, and change management of process improvement initiatives across Indirect Procurement.
• Ensure procurement policies and manage the resolution of sourcing issues and escalations. Provide regular communication and training on procurement processes and systems to stakeholders and suppliers.
• Act as a procurement subject matter expert in consulting with the business to identify, develop, and deploy best practice procurement, category management, and supplier management.
• Strong knowledge and skills in developing accurate Statements of Work and/or other governing agreements.
• Develop category strategies, establish and formalize engagements with the supply base for the marketing category, and manage stakeholder and supplier relationships.
• Problem solving is required; multiple approaches may be taken/necessary to solve the problem; often information is missing or conflicting; advanced data analysis and interpretation skills are required.
• Participate in the organization's planning process, interpreting business strategies, establishing strategic plans, and objectives for multiple areas and functions. Decisions may affect the entire organization.
• Leads teams to identify internal stakeholder needs and requirements based on understanding of procurement processes, systems, and business needs.
• Manages multiple teams and projects cross-functionally; develops, supports, and contributes to the category strategy based upon expertise in their category and inputs from various stakeholders and the supply base.
• Leverages deep technical expertise to identify trends, perform supply market and financial health analysis, and define future solutions by contributing to discussions on the short-and long-term strategic direction with senior stakeholders about market and supplier trends that enable teams to conduct cost modeling and negotiations.
• Guide multiple teams to implement go-to-market procurement strategies across cross-functional business units.
• Manages and oversees the creation of detailed supplier selection criteria specifications to obtain products or services that are aligned with stakeholder needs and project goals across cross-functional business units.
• Guides teams to apply methods, training, and processes for sourcing mechanisms, reviewing supplier feedback and responses; communicates clear expectations and outcomes for selecting appropriate suppliers.
• Guides team members to develop robust negotiation strategies and create supplier relationships (e.g., initiation, negotiation of commercial and other legal terms, contract fulfillment); oversees supplier activities to ensure alignment with organizational objectives.
• Makes decisions that have implications across sites as well as global implications; decisions reflect broad knowledge of functional areas and strategies.
• Works with high-level representatives to develop, integrate, and/or execute large initiatives.
• Reviews assigned projects and determines the level of analyses and associated work that needs to be conducted in order to address these project deadlines and assigns projects throughout the team accordingly; reviews performance data and determines if escalation of issues to senior leadership is needed.
Knowledge & Skills:
• Procurement Strategy Development
• Strategic Sourcing
• Commercial Negotiations and Cost Savings
• Supplier Vetting, Onboarding, Performance Management/Consolidation
• Project/Schedule Management
• Stakeholder Management/Collaboration
• Should Cost / TCO Analysis
• Supplier Risk Management
Preferred Qualifications:
• Master's degree in Business Administration, Engineering, or related field.
• 3 years of experience working in a large matrixed organization.
• 2 years of work experience in a role requiring interaction with senior leadership (e.g., Director level and above).
• 1 year in a leadership role with or without direct reports (only applies to positions with direct reports).
• Experience developing and executing strategic sourcing category plans.
• Experience working in a high-growth, fast-paced environment.
• Understanding of various international markets and experience managing and navigating the complexities of global sourcing strategies.
• Familiarity with relevant software or technology used in sourcing and procurement.
• Ability to balance sustained levels of workload in a fast-paced environment; exceptional communication skills are required.
• Certifications or advanced degrees in procurement, supply chain management, or a related field are a plus.
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.