Senior Manager, Procurement Indirect Commodity

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Summary of Position

The Senior Manager, Procurement Indirect Commodity is responsible for executing and implementing effective procurement strategies of Indirect spend commodities such as IT / Software ,  Marketing , HR, Professional services and real estate from initial identification of needs through delivery. The successful candidate will develop and execute the commodity strategy , partnering with the stakeholders on budget management , drive cost savings/ productivity , mitigating supply chain risks and fostering strong supplier relationship.. Lastly, this role cultivates team morale and motivation by sharing experience and providing constructive feedback.

Essential Duties and Responsibilities

• Develop and Implement comprehensive Commodity Strategies aligned with the overall procurement enterprise and business goals.
• Management of negotiations, contract, and Business contingency plan for applicable Indirect category. Domain expertise on strategic sourcing, RFP/RFI, Negotiation, category strategies.
• Drive cost reduction initiatives through effective negotiation, value engineering and alternative sourcing strategies.
• Financial analysis and modeling, maintenance, negotiation, renegotiation, and management of agreements and contracts.
• Develops and maintains internal education communication processes and other tools to enhance contract performance, identification, and compliance.
• Plans, prioritizes, collaborates, and communicates information regarding projects, issues, and negotiations to ensure relationships are maintained.
• Builds relationships through industry contacts, professional organizations, and individuals.
• Communicates clearly, effectively, and respectfully to employees or supplier partners.
• Negotiates contracts based on strategic and financial goals, prior contract performance, projected contract performance, and thresholds.
• Analyzes and finalizes contractual language for operational and financial appropriateness.
• Stay informed about industry trends, market dynamics and emerging technologies related to assigned commodities.
• Work closely with internal stakeholders to optimize supplier selection and performance.

Qualifications Expected for Position

• Bachelor’s Degree in Supply Chain Management or Business-plus-experience in category management; or a high school diploma with 7+ years in a sourcing, procurement, or supply chain management role.
• 7+ years of procurement experience in commodity management or strategic sourcing in healthcare services or a SaaS Organization in the HC division.
• Experience developing and executing sourcing strategies.
• Experience in supplier management and negotiations.
• Experience collaborating with internal and external resources.
• Strong negotiation and influencing skills.
• Familiarity with relevant regulations and quality standards.
• Demonstrated ability to manage multiple simultaneous projects requiring frequent communication, organization/time management and problem-solving skills.

The base salary range for this position is $100,000.00 – $125,000.00. In addition to a base salary, this position is eligible for a performance bonus and benefits (subject to eligibility requirements) listed here: Teladoc Health Benefits 2024. Total compensation is based on several factors including, but not limited to, type of position, location, education level, work experience, and certifications. This information is applicable for all full-time positions.