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Strategic Procurement Manager

Bayside Solutions • Santa Clara, CA 95053 • Posted 1 day ago via LinkedIn

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Hybrid • Full-time • $140,000-$175,000/yr • Mid Level Manager

Job Highlights

Using AI ⚡ to summarize the original job post

We are seeking a motivated individual with a scientific background to join our Research and Development team as a Procurement Manager. This role involves managing procurement-related tasks such as sourcing activities, RFPs, managing supplier relationships, and supporting the scale-up of pipeline compound development and clinical programs. The position is a hybrid role based in Redwood City, CA, offering a salary range of $140,000 to $175,000 per year.

Responsibilities

  • Manage POs, cross-functional collaboration, and leading supplier negotiations.
  • Support process improvements in cost reductions and prepare reports by collecting, analyzing, and summarizing information, resulting in measurement reporting and purchasing metrics.
  • Identify, resolve, and expedite issues to ensure timely identification and procurement of materials.
  • Maintain database parameters working on a cross-functional basis to identify business needs.
  • Coordinate and negotiate favorable terms with suppliers to support cost, schedule, and performance requirements.
  • Support supplier alignment, understanding the total delivered cost to leverage purchase opportunities.
  • Communicate at all levels to ensure proper purchasing and strategies are achieved, supported as requested, and aligned with company objectives.
  • Manage supplier relationships to ensure optimal cost and delivery, including KPIs and Scorecards.

Qualifications

Required

  • 5+ years of professional work experience plus a BS/BA; 3+ years of professional work experience plus an MA/MS or MBA in a corporate environment, preferably in procurement and supplier management.
  • Experience managing and maintaining strong business partner relationships.
  • Strong communication, negotiation, contract management, tact, judgment, and organization experience
  • Working knowledge of RFPs and RFQs
  • Act as a strategic partner to the Business Unit while aligning business objectives, challenges, projects, and requirements.
  • A proven track record of applying procurement principles, concepts, best practices, and standards, along with in-depth knowledge of industry practices
  • Able to develop category and sourcing strategies by identifying opportunity areas with a proven record of effectively directing and leveraging procurement spend in assigned category areas.
  • Knowledge and experience with procurement/spend systems data and analysis.
  • Experience working with and leading multiple projects and teams simultaneously across a matrixed organization.

Preferred

  • BS/BA degree in Business Administration, Economics, Finance, Procurement, or Supply Chain Management.
  • Coupa experience preferred.
  • Able to effectively communicate across all levels of the company.
  • Adept at problem-solving and multi-tasking in a fast-paced atmosphere.
  • Strong Excel skills
  • Strong interpersonal, communication, and vendor management skills.
  • Experience working with R&D

About Bayside Solutions

Bayside Solutions is an industry-leading provider of staff augmentation and consulting services based in San Ramon, CA. They specialize in recruiting IT & telecom, engineering, and scientific staff in the Bay Area, offering intelligent staffing solutions for businesses and careers to grow. Their services include IT staffing solutions, managed services, clinical & scientific staffing, and creative & marketing staffing.

Full Job Description

Strategic Procurement Manager

Direct Hire Full-Time Role

Salary Range: $140,000 - $175,000 per year

Location: Redwood City, CA - Hybrid Role

Job Summary:

We require a motivated individual with a scientific background to play a critical role as a Procurement Manager within our Research and Development team. You will be responsible for procurement-related tasks such as sourcing activities, Request for Proposals (RFPs), managing supplier relationships, ERP system responsibility, procurement process optimization, and scale-up support of pipeline compound development and clinical programs.


Duties and Responsibilities:

  • Manage POs, cross-functional collaboration, and leading supplier negotiations.
  • Support process improvements in cost reductions and prepare reports by collecting, analyzing, and summarizing information, resulting in measurement reporting and purchasing metrics.
  • Identify, resolve, and expedite issues to ensure timely identification and procurement of materials.
  • Maintain database parameters working on a cross-functional basis to identify business needs.
  • Coordinate and negotiate favorable terms with suppliers to support cost, schedule, and performance requirements.
  • Support supplier alignment, understanding the total delivered cost to leverage purchase opportunities.
  • Communicate at all levels to ensure proper purchasing and strategies are achieved, supported as requested, and aligned with company objectives.
  • Manage supplier relationships to ensure optimal cost and delivery, including KPIs and Scorecards.


Requirements and Qualifications:

  • 5+ years of professional work experience plus a BS/BA; 3+ years of professional work experience plus an MA/MS or MBA in a corporate environment, preferably in procurement and supplier management.
  • Experience managing and maintaining strong business partner relationships.
  • Strong communication, negotiation, contract management, tact, judgment, and organization experience
  • Working knowledge of RFPs and RFQs
  • Act as a strategic partner to the Business Unit while aligning business objectives, challenges, projects, and requirements.
  • A proven track record of applying procurement principles, concepts, best practices, and standards, along with in-depth knowledge of industry practices
  • Able to develop category and sourcing strategies by identifying opportunity areas with a proven record of effectively directing and leveraging procurement spend in assigned category areas.
  • Knowledge and experience with procurement/spend systems data and analysis.
  • Experience working with and leading multiple projects and teams simultaneously across a matrixed organization.


Preferred Qualifications:

  • BS/BA degree in Business Administration, Economics, Finance, Procurement, or Supply Chain Management.
  • Coupa experience preferred.
  • Able to effectively communicate across all levels of the company.
  • Adept at problem-solving and multi-tasking in a fast-paced atmosphere.
  • Strong Excel skills
  • Strong interpersonal, communication, and vendor management skills.
  • Experience working with R&D


Desired Skills and Experience

Procurement, sourcing, contract management, RFPs, RFQs, Coupa, Excel, R&D



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