Procurement Manager

Overview

Lead regional and virtual procurement teams and shape the sourcing, supplier management, and cost strategies that keep Parexel's clinical development business fully supported. Based in Hyderabad in a hybrid capacity.

What you'll do

• Lead the regional and virtual Procurement team, providing a customer-focused, effective, and responsive service, and provide procurement support to other Procurement locations as required.
• Provide customer-focused assistance to internal customers on key projects and requirements, share product and service expertise with peers, and maintain regular communication to understand and facilitate customer needs.
• Lead RFP projects, particularly in Selling, General and Administrative (SG&A) categories, developing negotiation strategies that deliver business objectives and cost savings or cost avoidance while running multiple projects at the same time under short and urgent timelines.
• Manage supplier qualification and RFx processes, including RFPs, assess and validate the capabilities of potential vendors, and approve vendors as appropriate.
• Manage and determine local supplier relationships, and work with staff to develop strategic sourcing initiatives that deliver optimum benefits in pricing and service levels, including assessing the benefits of local agreements.
• Manage local supplier agreements and contracts with cross-functional stakeholders, reach agreement on contract terms and conditions, and review and approve accordingly.
• Oversee major purchases and coordinate associated work with Buyers and Senior Buyers.
• Monitor and analyze local expenditure and supplier performance using Key Performance Indicators (KPIs) and Service Level Agreements (SLAs), conduct local key supplier reviews, and identify opportunities for improved sourcing.
• Evaluate supplier core competencies and competitive positioning, consolidate the supply base using industry cost models and system-level tools, and maintain awareness of local economic and business conditions and industry knowledge for key products and services.
• Complete Return on Investment (ROI) and Total Cost of Ownership (TCO) models, apply strong data and cost analysis, and provide Procurement metrics, including minority supplier expenditure, to senior management.
• Provide consistent and streamlined processes and systems that comply with Procurement Standard Operating Procedures (SOPs) and corporate procedures, manage Procurement role in local audits, and provide support on legislation such as the Foreign Corrupt Practices Act (FCPA).
• Deploy systems and processes that streamline overall purchase operations, recommend new or alternative systems and tools as appropriate, and keep supplier databases maintained and updated.
• Promote a team-oriented, trusting environment, provide performance feedback through formal appraisals, and support training and career development to maintain a professional, skilled staff.

What you'll need

• Bachelor's/Master's degree or equivalent.
• Strong experience working within a procurement environment at a managerial level.
• Strong knowledge of procurement principles, theories, and processes, including Procurement SOPs and compliance requirements.
• Demonstrated ability to meet goals and deadlines while running multiple projects at the same time.
• Strong written, verbal, presentation, and negotiation skills, along with strong data and cost analytical skills.
• Strengths in procurement principles, negotiation, and data and cost analysis.
• Managerial experience within a procurement environment and a proven ability to lead, organize, influence, and motivate others.
• The ability to collaborate across cross-functional sourcing and project teams and communicate clearly.
• A service-oriented approach to both internal and external customers and a commitment to team principles.
• Comfort working with cost models, system-level tools, and Procurement processes and SOPs.

Nice to have

• 10+ years of relevant experience in Procurement within the life sciences and clinical industry is desirable.
• Prior project management experience, particularly in Selling, General and Administrative (SG&A) categories.
• Exposure to global operations and/or life sciences.
• Oracle and Salesforce experience in a global environment.

Details

• Location: Hyderabad, India.
• Work mode: Hybrid.