Procurement Manager

Posted 10 Hours Ago
Be an Early Applicant
Hiring Remotely in North Carolina
Remote
Mid level
Pharmaceutical
The Role
The Procurement Manager at Parexel will support vendor relationships, collaborate with stakeholders to define procurement needs, negotiate contracts, identify cost-reduction opportunities, and analyze procurement data. They will advise on contract negotiations and help address complex procurement issues while ensuring compliance with regulations.
Summary Generated by Built In

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.

The Procurement Manager has the primary responsibilities to support strong vendor relationships with key providers, as well as, with key internal stakeholders in order to achieve seamless collaboration between Parexel vendors and internal project leaders and study teams. As a Procurement Manager, you will act as an advisor to the category managers and other internal business owners.

**Preferred minimum of 3-6 years Category Management/Strategic Procurement/Vendor Management experience**

PLEASE NOTE *PRIOR CRO/PHARMA EXPERIENCE IS REQUIRED

Job Responsibilities:

  • Collaborate with internal stakeholders to define procurement needs and objectives while creating and executing procurement strategies to ensure cost-effective and high-quality vendor selection.

  • Foster strong vendor relationships through collaboration while negotiating contracts and pricing agreements.

  • You will successfully identify cost reduction opportunities through strategic sourcing and supplier management initiatives while implementing measures to optimize procurement processes, such as contract standardization and automation. 

  • Track and analyze procurement data to identify trends and areas for improvement, while collaborating with finance and other departments to develop and monitor cost-saving initiatives.

  • You will advise on contract negotiations, vendor selection, and risk assessment, while supporting category managers and business owners in addressing complex procurement issues.

Experience/Skills required:

  • Experience in developing and implementing procurement processes, strategies, and best practices with strong contract management skills.

  • Ability to foster and maintain relationships with vendors and internal stakeholders

  • Knowledge of regulatory and compliance requirements related to procurement processes.

  • Analytical in nature with excellent communication skills - strong interpersonal, negotiation ability with exceptional problem-solving skills.

  • Ability to conduct market research and analysis

  • Proficiency in using procurement software and tools

  • Solid understanding of finance and cost-saving principles

  • Strong organizational, attention to detail and effective time management skills

  • Ability to work collaboratively in a team environment and effectively multi-task.

  • Strong leadership and decision-making skills


please note *** PRIOR CRO/PHARMA EXPERIENCE IS REQUIRED FOR ROLE**

Education:

  • Educated to a bachelor’s degree level

  • Preferred background in a life science, pharmacy, health-related discipline, business administration, management, IT, Nursing or other relevant experience within clinical vendor management required

EEO Disclaimer
Parexel 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.

The Company
HQ: Durham, North Carolina
20,524 Employees
On-site Workplace

What We Do

Parexel is among the world’s largest clinical research organizations (CROs), providing the full range of Phase I to IV clinical development services to help life-saving treatments reach patients faster. Leveraging the breadth of our clinical, regulatory and therapeutic expertise, our team of more than 21,000 global professionals collaborates with biopharmaceutical leaders, emerging innovators and sites to design and deliver clinical trials with patients in mind, increasing access and participation to make clinical research a care option for anyone, anywhere. Our depth of industry knowledge and strong track record gained over the past 40 years is moving the industry forward and advancing clinical research in healthcare’s most complex areas, while our innovation ecosystem offers the best solutions to make every phase of the clinical trial process more efficient. With the people, insight and focus on operational excellence, we work With HeartTM every day to treat patients with dignity and continuously learn from their experiences, so every trial makes a difference. For more information, visit parexel.com.

Community Guidelines
Because Parexel’s social media channels are open to the general public and employees, we are not responsible for views expressed other than our own. However, we do not tolerate posts that are:

• Abusive, harassing or threatening to others.
• Defamatory, offensive, obscene, vulgar or depicting violence.
• Hateful targeting by race/ethnicity, age, color, creed, religion, gender,
sexual preference or orientation, nationality or political beliefs.
• Sexually explicit or pornographic.
• Fraudulent, deceptive, libelous, misleading or unlawful.
• Referencing criminal or illegal activity.
• Spamming.

We reserve the right to remove any comments that do not adhere to our guidelines as well as report users who violate the rules of our page.

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