Procurement Manager

ABOUT VERO-BIOTECH

Our Mission: At VERO Biotech, our mission is to improve the lives of patients by developing innovative technologies that support critical care and respiratory therapy through inhaled nitric oxide delivery in the acute care hospital setting or wherever nitric oxide treatment is needed.

We strive to exceed customer expectations in terms of safety, efficacy, and value by focusing on the science, development, and commercialization of our innovations.

Position Summary

The Procurement Manager is responsible for overseeing the entire procurement process, ensuring that all goods and services are purchased in a timely, cost-effective, and efficient manner. The role requires significant experience in strategic procurement, team management, and supplier negotiation. The Procurement Manager will collaborate with various departments to ensure alignment with business goals and optimize procurement strategies, focusing on continuous improvement and innovation.

Essential Duties and Responsibilities

• Develop and execute strategic procurement plans to support company goals.

• Lead supplier negotiations, focusing on cost optimization and quality.

• Monitor supplier performance and manage vendor relationships.

• Ensure compliance with procurement policies and regulatory requirements

• Manage the procurement team, fostering skill development and high performance.

• Collaborate with internal teams to identify procurement needs and forecast demand.

• Utilize procurement and financial analysis tools to manage budgets and track expenditures.

• Lead initiatives for continuous improvement in procurement processes, including digital transformation.

• Monitor market trends and apply findings to optimize procurement strategies.

• Ensure compliance with company policies, industry regulations, and legal requirements.

• Serve as procurement liaison for contract manufacturing organizations (CMOs) and external manufacturing partners including but not limited to qualification and onboarding of CMOs, contract compliance, forecasting and production plan alignment, performance monitoring, etc.

• Education/Experience: Bachelor’s degree in Supply Chain Management, Business, or related field (MBA or relevant advanced degree preferred).

• Technical Knowledge: Expertise in supply chain optimization software, advanced inventory management, and supply chain strategy development.

• Cognitive Skills: Strong team leadership skills, budget management, and strategic planning capabilities.

• Decision Making/Impact: Responsible for strategic and operational decisions affecting the supply chain.

• Supervision Received: Moderate level of supervision with a significant degree of autonomy in managing the department

Supervisory Responsibilities

• Lead and manage team of procurement professionals

• Provide Guidance and mentorship to develop team skills and capabilities

Competencies

• Leadership – Ability to lead cross-functional teams and manage complex procurement projects.

• Strategic Planning – Skilled in developing and executing long-term procurement strategies.

• Negotiation – Strong supplier negotiation skills to optimize cost and value.

• Innovation – Ability to drive digital transformation and continuous improvement in procurement processes.

• Communication – Effective communication skills, both verbal and written, to engage stakeholders and drive change.

Physical Demands

• Standard office and laboratory environment
• Hybrid

The above is intended to describe the general content of and requirements for the performance of this job.  It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements.  Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  

“We kindly request that recruiting agencies or third party recruiters do not contact us regarding this position.”