The Global Category Sourcing Manager is responsible to manage and drive measurable improvement in Parexel’s procurement strategies for his/her assigned categories. The incumbent performs assignments requiring a solid knowledge of the market(s) for assigned categories as well as procurement best practices, theories, principles and disciplines. S/he evaluates variable issues and risks; facilitates mitigation and resolution of issues and interacts with management on a regular basis.
S/he will oversee major global purchases and coordinate associated work with Business Analysts and Procurement Specialists with the support of the Category Leader. In this position, s/he will also be responsible providing best practice consultation and for collaborating with internal clients, qualifying and developing sourcing/supplier strategies. Ensure compliance and alignment with strategic corporate goals, contractual requests and stipulations from clients including risk management, GxP regulations, total cost of ownership. The Category Manager is accountable for the 7 step sourcing process for contracts generally valued at over $1 million and for delivering annual multi-million dollar savings aligned with Corporate and SBU EBITDA savings goals.
Category Strategy Development and Execution Develop, propose and implement strategic global and regional category plans that align with business strategies and goals.Manage, and drive measurable improvement in the selection and development of suppliers to optimize value in assigned categories with support of the Category Leader.Perform internal assessment of current and future needs, external assessment of market trends and competitive suppliers; develop financial models to assess “Total Cost of Ownership” (TCO) and opportunities to leverage changes in specifications, processes, systems and products to lower TCO; work closely with Business Units Corporate Departments and Category Leader to establish and implement the category strategy.
Develop and Execute Sourcing Strategy Based on the category sourcing strategy and TCO, select and negotiate with suppliers; establish and maintain contractual and business relationships with the suppliers; communicate with Business Units and Corporate Department influencers and users on the selectionExecute, for the categories owned, the following procurement process steps: Needs/specifications; category strategy development; supplier negotiations; implementation; supplier development; contract administration, measurement and monitoring.Facilitate discussions with cross-functional teams to ensure that Business Units and Corporate Departments provide input and are represented in the execution of the strategies for their category.
Global Category Market ExpertiseRemain current with future trends within the marketplace by maintaining relationships with suppliers, and other market experts; recommend new technologies and solutions
Negotiate and Manage Contracts Negotiate terms and conditions with key global and regional suppliers for medium to large dollar contracts to ensure optimum price competitiveness and service levels are maintained.With Legal, manage the contract review process and ensure company risk is minimized.Responsible for ensuring that all business requirements are capturedPerformance Management •Collaborate with the sourcing specialists and/or supplier relationship manager in the development of scorecards and participate in supplier governance reviews.
World-class Service Delivery Work with key management and Category Lead to help develop the strategic direction to attain world-class service delivery.QualificationsThree plus years of experience in category management, strategic sourcing and a total of seven to ten years of professional procurement experience.Demonstrated ability to manage medium to large global projects coupled with financial responsibility.Experience in negotiating contracts and knowledge of key contractual languageExperience in a procurement role demonstrating strong technical and analytical skills and a track record of success working in a global, team-based environment.BS in Business, Finance or Supply Chain. MBA Preferred.C.P.M. or equivalent professional certification preferred.Preferable to have category management experience with Drug Sourcing, Pharmacies and Depots.EEO DisclaimerParexel is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to legally protected status, which in the US includes race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.