The Sr. IT Global Category Sourcing Manager is responsible to own, manage and drive measurable improvement in Parexel’s procurement strategies for his/her assigned categories. The incumbent performs assignments requiring a broad and comprehensive 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 senior management on a regular basis.
S/he will oversee complex global purchases and coordinate associated work with Category Managers, Business Analysts and Sourcing Specialists. In this position, s/he will also be responsible for providing best practice consultation and 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 and total cost of ownership. The Sr. Category Manager is accountable for the 7 step sourcing process for complex 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 ExecutionDevelop and lead complex strategic global and regional category plans that align with business strategies, future roadmaps and organizational vision.Identify, own, and drive measurable improvement and innovation in the selection and development of suppliers to optimize value in assigned categories. Provide expert 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 senior leadership of Business Units and Corporate Departments to establish and implement the category strategy.
Develop and Execute Sourcing Strategy Based on the category sourcing strategy and TCO, select and negotiate complex agreements with suppliers; establish and maintain contractual and business relationships with the suppliers; communicate with Business Units and Corporate Department influencers and users on the selection.Customize standard sourcing process to align to business opportunities, goals and strategies and present innovative sourcing alternatives.Execute, for the categories owned, the following procurement process steps: Needs/specifications; category strategy development; strategic sourcing, supplier negotiations; implementation; supplier development strategy and contract administration.Lead large global 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 Expertise • Remain current with future trends within the global marketplace by maintaining relationships with suppliers, and other market experts; recommend new technologies and solutions.Identify supplier risks and category implications and provide stakeholders with intelligence to make informed business decisions. Escalate defined risks and mitigation recommendations to senior leadership when required. Negotiate and Manage Contracts • Negotiate terms and conditions with key global and regional suppliers for the more complex, strategic and higher 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.Serve as liaison for business to ensure business requirements are captured and make recommendations for additional requirements.QualificationsKnowledge and Experience: Five plus years of experience in category management, strategic sourcing with ten to twelve years of professional procurement experience.Three plus years of experience in a management role.Advanced knowledge in assigned categories including market place, key suppliers and future trends.Demonstrated ability to manage large, complex global projects coupled with significant financial responsibility with a focus on projects greater than $500,000 annual spend and / or potential risk to the company.Significant experience in negotiating large, complex contracts and solid 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.Education:BS in Business or related degree. MBA Preferred.C.P.M. or equivalent professional certification preferred.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.