Category Manager, Procurement (Information Technology - IT)
- Executes and implements effective procurement strategies, from initial identification of procurement needs through delivery, for indirect goods and services.
- Develops short-term and long-term strategies that align with the Company goals for reducing costs and meeting financial expectation, while managing vendor relationships and new product innovation.
- Responsible for negotiating, coordinating, and assuring that assigned indirect spend categories and services are purchased at the lowest possible cost.
- Assesses near-term and long term plans to establish that supplier priorities are balanced with business needs; consults with Sr. Management, and other subject matter experts to develop alternative solutions; advises on options, risks, total cost of ownership, and business impacts.
- Provides oversight of work quality and constructive feedback to direct and indirect reports, where applicable.
- Direct and execute strategic sourcing strategies, best practices, and initiatives that support aggressive improvements in supplier quality, total cost effectiveness, enhanced service levels, improved coordination, delivery, pricing, lead-times, payment, risk compliance and other areas as identified.
- Executes category sourcing strategies including development and execution of RFI’ s and RFP’ s, documents bid events through correspondence to suppliers; develops selection criteria and drives the selection of suppliers in collaboration with a cross-functional teams; conducts supplier negotiations and ongoing supplier management.
- Actively seeks ways to streamline business processes; researches and provides information on industry category trends and best practices.
- Provide procurement input to maximize procurement leverage, optimize project design and minimize project durations and cost.
- Develop negotiation strategies, gain alignment from stakeholders, lead cross-functional, category-based negotiation teams, and implementing appropriate supplier risk analysis.
- Directly negotiate with suppliers that require a detailed strategic plan and have a direct correlation with client' s operational needs and goals.
- Use current spend information/data and business knowledge to identify sourcing projects for individual subcategories, and developing an overall cost reduction plan.
- Demonstrates a comprehensive understanding of business requirements and category ownership by creating and defending category strategies and decisions with sound analytics.
- Delegates analytic tasks to key support functions; and synthesizes results.
- Develops supplier score card to measure supplier performance against agreed upon key performance indicators; tracks compliance and supports formal management reporting to director and other members of senior management. Benchmark, track, and analyze annual performance metrics and sourcing trends against budget on a monthly basis to demonstrate continuous improvement and progress against strategic objectives.
- Implement supplier management programs with key suppliers including metrics, performance goals, and improvement initiatives.
- Monitor supplier performance to ensure that delivery dates and technical and contractual requirements are met.
- Participate in strategic meetings with suppliers and business leaders to ensure execution of defined strategies.
- Manages day-to-day on-going category supplier relations and seeks out growth or revision opportunities within supply base.
- Acts as the internal point of contact for supplier management and complaint resolution; conducts regular supplier meetings and implements improvement strategies with suppliers.
- Creates, nurtures, and enhances supplier relationships.
- Aggressively manages category performance by adhering to internal Savings goals and reviewing financial models for commodity type items.
- Ensure spend portfolio for reoccurring managed spend is balanced through coordinated sourcing waves and leveraged with Capital project sourcing activities.
- Drive consolidation of spend and seek out synergies across Business Units where applicable, by forming and leading cross-functional strategic sourcing teams to develop and implement category/commodity strategies and to drive cost from individual spend sub-categories.
- Champions weekly category review meetings with cross-functional teams to manage category performance.
- Cultivates team morale, motivation, and loyalty through continuous training and mentorship, setting obtainable performance goals, proving clear communication and constructive feedback.