Polysciences
Sr. Procurement Manager
Polysciences, Warrington, Pennsylvania, United States, 18976
Sr. Procurement Manager - 0QK39119346
DESCRIPTION/RESPONSIBILITIES: Summary of Position: The Sr. Procurement Manager is responsible for taking a hands-on approach in managing all procurement activities, ensuring the timely and cost-effective acquisition of materials and services. This role involves strategic sourcing, supplier relationship management, tactical purchasing, and cross-functional collaboration to support production schedules and operational goals.
Essential Functions: * Procurement Strategy: * Develop and implement procurement strategies aligned with the company's goals and objectives. * Analyze market trends and conduct cost analysis to identify opportunities for cost savings. * Collaborate with R&D and production teams to understand material specifications and sourcing needs. * Supplier Management: * Identify, develop, and maintain strong relationships with key suppliers to ensure reliability and performance to meet R&D, production, and laboratory products catalogue business needs. * Conduct supplier audits and performance reviews to ensure compliance with company standards and regulatory requirements. * Take a proactive role in resolving supplier issues, ensuring consistent supply to production. * Contract Negotiation: * Negotiate contracts, terms, and conditions with suppliers to secure favorable pricing, delivery, and stocking agreements to meet production and inventory schedules. * Ensure contracts comply with legal requirements and company policies. * Monitor and manage contract renewals and terminations. * Cost and Inventory Control: * Implement cost-saving initiatives and track procurement performance; execute an annual cost savings program to meet company KPIs. * Work with supply chain departments to monitor inventory levels to ensure the availability of critical materials while utilizing supplier stocking and fulfillment strategies to maximize inventory turnover and reduce excess stock and stock outs. * Procurement Team Management: * Lead and develop the procurement team, fostering a collaborative environment with all internal customers especially R&D, Production, and Lab Products to meet business needs. * Foster a culture of teamwork and continuous improvement; Drive CI initiatives to reduce complexity and OH in the supply chain transactions. * Participate in product development and innovation projects, supporting the projects timelines of the business. * Develop, monitor, and drive KPIs to ensure alignment with company goals, enabling data-driven decision-making and continuous improvement in procurement performance. * Facilitate smooth communication across departments. * Behaviors Skills: * Individuals will demonstrate Work Culture and Core Values; primarily a strong work ethic and high levels of motivation, personal accountability and leading by example. * Individuals will show respect for others and demonstrate positive behaviors while communicating with both internal customers and departmental colleagues. * Individual is capable of working in a hands-on and fast-paced environment.
Qualifications Education Required: Bachelor's Degree in Supply Chain Management, Business Administration, Chemistry, or a related field. Preferred: An MBA or other advanced degree is a plus.
Computer Skills Required: Proficiency with Microsoft Office with advanced Excel skills. SAP experience preferred.
Other qualifications: * Minimum of 7 years of experience in procurement for a manufacturing firm, specialty chemicals/Life Sciences preferred. * Experience managing a team. * Strong understanding of procurement processes and best practices. * Proven experience in supplier management, contract negotiation, and inventory control. * Excellent negotiation and communication skills. * Takes a hands-on approach. * Ability to analyze data and market trends to make informed procurement decisions. * Proficiency in procurement software and ERP systems. * Strong organization l and project management skills.
What We Offer Culture Great people Peer to Peer Recognition Broader, hands-on work experience Clean and Modern Equipment & Labs Fun company events Competitive Wages & Generous Year-end Bonus Comprehensive Benefits 3 PPO Medical Plans with Telemedicine, Rx, & Vision 2 Dental Plans Healthcare, Dependent care, & Commuter Flexible Spending Accounts 401(k) with company match Financial Health & Wellness w/1:1 Coaching & Rewards Basic & Supplemental Life Insurance Accident, Hospital Indemnity, & Critical Illness Paid Time Off Paid Parental Leave Short & Long-term Disability 9 Paid Holidays
Must have legal authorization to work in the US and will not require sponsorship.
Polysciences is an equal opportunity employer. Drug-free workplace. Tobacco-free work site.
Polysciences does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit and business need.
Equal access to programs, services, and employment is available to all persons. Those applicants requiring reasonable accommodation to the application process and/or interview process should notify a representative of the Human Resources Department.
DESCRIPTION/RESPONSIBILITIES: Summary of Position: The Sr. Procurement Manager is responsible for taking a hands-on approach in managing all procurement activities, ensuring the timely and cost-effective acquisition of materials and services. This role involves strategic sourcing, supplier relationship management, tactical purchasing, and cross-functional collaboration to support production schedules and operational goals.
Essential Functions: * Procurement Strategy: * Develop and implement procurement strategies aligned with the company's goals and objectives. * Analyze market trends and conduct cost analysis to identify opportunities for cost savings. * Collaborate with R&D and production teams to understand material specifications and sourcing needs. * Supplier Management: * Identify, develop, and maintain strong relationships with key suppliers to ensure reliability and performance to meet R&D, production, and laboratory products catalogue business needs. * Conduct supplier audits and performance reviews to ensure compliance with company standards and regulatory requirements. * Take a proactive role in resolving supplier issues, ensuring consistent supply to production. * Contract Negotiation: * Negotiate contracts, terms, and conditions with suppliers to secure favorable pricing, delivery, and stocking agreements to meet production and inventory schedules. * Ensure contracts comply with legal requirements and company policies. * Monitor and manage contract renewals and terminations. * Cost and Inventory Control: * Implement cost-saving initiatives and track procurement performance; execute an annual cost savings program to meet company KPIs. * Work with supply chain departments to monitor inventory levels to ensure the availability of critical materials while utilizing supplier stocking and fulfillment strategies to maximize inventory turnover and reduce excess stock and stock outs. * Procurement Team Management: * Lead and develop the procurement team, fostering a collaborative environment with all internal customers especially R&D, Production, and Lab Products to meet business needs. * Foster a culture of teamwork and continuous improvement; Drive CI initiatives to reduce complexity and OH in the supply chain transactions. * Participate in product development and innovation projects, supporting the projects timelines of the business. * Develop, monitor, and drive KPIs to ensure alignment with company goals, enabling data-driven decision-making and continuous improvement in procurement performance. * Facilitate smooth communication across departments. * Behaviors Skills: * Individuals will demonstrate Work Culture and Core Values; primarily a strong work ethic and high levels of motivation, personal accountability and leading by example. * Individuals will show respect for others and demonstrate positive behaviors while communicating with both internal customers and departmental colleagues. * Individual is capable of working in a hands-on and fast-paced environment.
Qualifications Education Required: Bachelor's Degree in Supply Chain Management, Business Administration, Chemistry, or a related field. Preferred: An MBA or other advanced degree is a plus.
Computer Skills Required: Proficiency with Microsoft Office with advanced Excel skills. SAP experience preferred.
Other qualifications: * Minimum of 7 years of experience in procurement for a manufacturing firm, specialty chemicals/Life Sciences preferred. * Experience managing a team. * Strong understanding of procurement processes and best practices. * Proven experience in supplier management, contract negotiation, and inventory control. * Excellent negotiation and communication skills. * Takes a hands-on approach. * Ability to analyze data and market trends to make informed procurement decisions. * Proficiency in procurement software and ERP systems. * Strong organization l and project management skills.
What We Offer Culture Great people Peer to Peer Recognition Broader, hands-on work experience Clean and Modern Equipment & Labs Fun company events Competitive Wages & Generous Year-end Bonus Comprehensive Benefits 3 PPO Medical Plans with Telemedicine, Rx, & Vision 2 Dental Plans Healthcare, Dependent care, & Commuter Flexible Spending Accounts 401(k) with company match Financial Health & Wellness w/1:1 Coaching & Rewards Basic & Supplemental Life Insurance Accident, Hospital Indemnity, & Critical Illness Paid Time Off Paid Parental Leave Short & Long-term Disability 9 Paid Holidays
Must have legal authorization to work in the US and will not require sponsorship.
Polysciences is an equal opportunity employer. Drug-free workplace. Tobacco-free work site.
Polysciences does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit and business need.
Equal access to programs, services, and employment is available to all persons. Those applicants requiring reasonable accommodation to the application process and/or interview process should notify a representative of the Human Resources Department.