Procurement Manager

Urgent Hiring|| Procurement Manager || Danbury, CT || Attractive Salary with Huge Benefits|| Apply Now!!!
Title: Procurement Manager
Job Type: Full-Time Employment
Job Location: Danbury,CT

Job Summary: A leader in the Pharmaceutical/Biotech industry seeks a dynamic Manager of Procurement to play a pivotal role in daily operations. In this strategic position, you will balance long-term thinking with functional action to enhance total cost management.

Key Responsibilities:

• Stakeholder Engagement:

  • Develop and manage stakeholder relationships to optimize the balance between company needs and total value.
  • Communicate negotiation results and strategy to management and affected functional areas.

• Supplier Relationship Management:

  • Cultivate long-term relationships with suppliers to achieve Total Value for the corporation.
  • Implement SRM programs and collaborate effectively with the Supply Chain function.

• Commodity Management:

  • Develop and update annual commodity plans with stakeholders, including detailed spending analysis.
  • Manage multi-year commodity roadmaps and sourcing initiative projects.
  • Evaluate global sources to meet service, quality, cost, sustainability, and risk mitigation objectives.

• Strategic Sourcing:

  • Implement strategic sourcing initiatives, including analyzing commodity markets and executing negotiation strategies.
  • Partner with stakeholders to build robust scopes of work and finalize agreements.

• Risk Management:

  • Evaluate and monitor the risk profile of the supply base, identify mitigation targets, and implement risk improvement initiatives.
  • Recommend optimal supply strategies in collaboration with necessary functions.

• Synergy Delivery:

  • Manage sourcing initiative portfolios, delivering cost reductions against challenging targets.
  • Develop strategic procurement programs and make recommendations for implementation.

• People Management:

  • Lead and administratively manage commodity managers and buyers.
  • Influence and coach procurement buyers and representatives.

Requirements:

• Minimum 8 years of progressive management experience in Sourcing, Supply Chain, or Logistics in regulated industries.
• Bachelor's degree in engineering, business, logistics, science, or accounting.
• APICS, CIPS, or NEVI certification desired.
• Analytic ability, inductive thinking, and proven experience in evaluating suppliers.
• Excellent communication, presentation, and public speaking skills.
• Lean/Six Sigma training - Green Belt/Black Belt Certification.
• Strong negotiation skills and financial modeling expertise.
• Advanced knowledge of strategic sourcing processes and ERP systems.

Skills and Certifications:

• Stakeholder Engagement
• Supplier Relationship Management
• Pharma Supply Chain
• Commodity Management
• Risk Management
• Contract Negotiation

Security Clearance Required: No

Visa Candidate Considered: No

Benefits:

• Full-time position with comprehensive benefits.
• Relocation assistance available for the ideal candidate.

Candidate Details:

• 7 to 10 years of experience.
• Seniority Level: Mid-Senior.
• Management Experience Required: No.
• Minimum Education: Bachelor's Degree.
• Willingness to Travel: Occasionally.