Procurement Manager

When our values align, there's no limit to what we can achieve.
 
At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.

Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.

About Parexel

Parexel is a leading global clinical development partner delivering insights-driven clinical and consulting solutions to the life sciences industry. With 22,000+ employees worldwide, we partner with biopharmaceutical companies and research sites to design and deliver patient-focused clinical trials that broaden access and make research a care option for anyone, anywhere.

We work with focus, agility, and shared purpose, moving with urgency to address patient needs and accelerate the delivery of new therapies. We embrace bold thinking, adapt quickly to change, and continually raise the bar for the speed and quality of clinical research. We are expanding our team and seeking talented individuals to help drive industry-leading innovation, With Heart®.

About the Role

We are seeking a Procurement Manager for the life sciences and clinical research industry to join our team in Hyderabad in a hybrid capacity. As a Procurement Manager, you will lead regional and virtual procurement teams and shape the sourcing, supplier management, and cost strategies that keep our clinical development business fully supported. This position plays a key role in supplier management, cost optimization, procurement compliance, and operational support. You will collaborate with cross-functional sourcing and project teams, follow industry-standard processes, and guide procurement activities from supplier selection through contract execution and ongoing performance management.

Responsibilities include leading procurement teams, managing Request for Proposal (RFP) projects and supplier agreements, overseeing major purchases, and applying strong data and cost analysis, with opportunities to deepen your expertise and influence business outcomes.

Strong procurement practices help our clinical development teams access the right partners and services, so every sourcing decision supports the delivery of new therapies. You will join a fast-paced, growth-oriented environment focused on making a meaningful impact through strategic sourcing, supplier performance, and cost savings. With diverse teams and continuous learning opportunities, the Procurement Manager can explore career paths and expand skills across procurement and clinical research.

Key Responsibilities

• Lead the regional and virtual Procurement team, providing a customer-focused, effective, and responsive service that fully supports the business, 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.

You'll thrive in this role if you bring:

• 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.

 Required Qualifications:

• 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.

 Preferred Qualifications:

• 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.

We believe in flexibility, growth, and creating space for people to do their best work. Join us and be part of a team where your contributions help shape the future of clinical research.

If this job doesn't sound like the next step in your career, but perhaps you know of someone who'd be a perfect fit, send them the link to apply!