Sourcing Category Manager

Posted 15 Days Ago
Be an Early Applicant
Medina, MN
104K-131K Annually
Senior level
Software • Energy
The Role
The role involves developing sourcing strategies, managing supplier relationships, conducting market analysis, and implementing cost-saving initiatives to improve operational efficiency.
Summary Generated by Built In

The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.

The RoleAspenTech Global Procurement is seeking a highly skilled and experienced Category Manager to join our team. The Category Manager will be responsible for developing and implementing strategic sourcing initiatives within categories, managing supplier relationships, and teaming with the Director of Global Procurement to optimize procurement processes to achieve cost savings, improve operational efficiency and maintain robust governance and controls. The ideal candidate will have a strong background in procurement & strategic sourcing, with a focus on delivering value across the organization. Experience working & collaborating with an internationally distributed team and a passion for innovation is a plus.

Your Impact

  • Develop and implement category-specific strategies to optimize sourcing, cost savings, and supplier performance.
  • Conduct market research and analysis to identify potential suppliers, assess their capabilities, and evaluate their suitability for the company's needs.
  • Lead the supplier selection process, including RFP/RFQ development, bid evaluation, negotiation, and contract execution.
  • Lead sourcing events and projects, collaborating with the international team members to support.
  • Establish and maintain strong relationships with key suppliers, ensuring adherence to quality, delivery, and service level agreements.
  • Continuously monitor and evaluate supplier performance, identifying opportunities for improvement and managing supplier risk.
  • Become a trusted partner of internal departments, collaborating to identify and implement cost-saving initiatives and process improvements.
  • Stay curious about industry trends, emerging tools and best practices. Explore and come up with your own innovative ideas to ensure AspenTech procurement strategy remains competitive and relevant.
     

What You'll Need

  • Bachelor’s degree in business, Supply Chain Management, or a related field; advanced degree or certification (e.g., CIPS, CPSM) preferred.
  • Minimum 5 years of experience in procurement with a focus on strategic sourcing & category management.
  • Strong negotiation, communication, and relationship-building skills.
  • Demonstrated ability to influence without direct authority. 
  • Proven track record of delivering cost savings and process improvements through strategic sourcing initiatives.
  • Excellent analytical and problem-solving skills, with the ability to make data-driven decisions.
  • Proficiency in procurement software, ERP systems, and Microsoft Office applications, particularly Coupa, Oracle, PowerBI & Excel. Experience utilizing GenAI tools for procurement activities a plus. 
  • Knowledge of procurement best practices, legal and regulatory requirements, and industry trends.
  • If you are a results-driven professional with a passion for delivering value, driving change and thinking outside the box we encourage you to apply.
     

#LI-DW1

The salary range for this role is $104,400.00 - $130,500.00. This range represents what we in good faith believe is the range possible for base compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range based on several factors. This range may be modified in the future. This role is also eligible for bonus or variable incentive pay. Additionally, we offer a comprehensive benefits package including paid time off, charitable giveback day, medical/dental/vision insurance, and retirement benefits to eligible employees.

Top Skills

Coupa
Excel
Oracle
Power BI
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The Company
HQ: Bedford, MA
2,466 Employees
On-site Workplace

What We Do

AspenTech is a global leader in asset optimization software helping the world’s leading industrial companies run their operations more safely, efficiently and reliably – enabling innovation while reducing waste and impact on the environment. AspenTech software accelerates and maximizes value gained from digital transformation initiatives with a holistic approach to the asset lifecycle and supply chain.

By introducing effective AI modeling to traditional principles of process engineering, AspenTech delivers a faster and more accurate analysis of efficiency and performance boundaries. The real-time data and actionable insights delivered by our software help customers push the boundaries of what’s possible.

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