Procurement Manager

$106,250 - $125,000/Yr

Cushman & Wakefield - Weehawken, NJ

Full-time - Mid Level

Weehawken, NJ

Real Estate

About the position

The Procurement Manager is responsible for leading and managing strategic sourcing, contract administration, vendor relationship management, and overall procurement operations across various sites for a client account. This highly visible role involves collaboration with internal and external stakeholders and requires effective communication and negotiation skills.

Responsibilities

• Manage all aspects of the Procurement relationship with Client, Account Management Team, Vendors, C&W Corporate, and other key stakeholders.
• Responsible for high and low-range supplier consolidation and supplier diversity efforts.
• Implement programs, facilitate supplier audits & QBRs, and initiatives to ensure the achievement of all goals, metrics, and KPIs are met.
• Analyze account-wide spend, benchmarking, vendors, operations, and processes to consistently identify opportunities for value creation.
• Identify cost-saving opportunities and optimize procurement strategies.
• Develop and facilitate various complexity eRFPs, analyze responses, negotiate, and use other techniques as required to obtain the expected results.
• Interpret contracts, SOW coordination, negotiate with vendors, and ensure appropriate contractual records retention plans are in place on the account.
• Advise management regarding contractual rights, COI escalations, obligations, and other contractual matters, such as effective use of resources and legal issues.
• Manage the development, installation, and maintenance of tracking & reporting mechanisms that yield the appropriate outputs and conform to requested forms and frequencies.
• Maintain organized records to ensure any implemented system of checks and balances is being continually met for service contracts and additional compliance items.
• Employ C&W best practices, policies, processes, tools, and templates to include both C&W corporate and Client account specifications, as well as engaging with Category Managers and preferred suppliers in the execution of Procurement responsibilities.
• Participate at an appropriate level & frequency in all meetings and exhibit client presentation delivery expertise.
• Generate and distribute all necessary and requested reports.
• Maintain good business practices.
• Resolve issues from the client with respect to supplier performance and quality.
• Exhibit people management expertise by overseeing all aspects of personnel and roles with a direct reporting relationship.

Requirements

• Bachelor's degree in Business or a related field is required.
• Understanding of the Strategic Sourcing processes and demonstrated proficiency with e-tools such as e-RFPs, reverse auctions, e-catalogs, and contract management systems.
• Must possess legal knowledge, the ability to prepare/negotiate agreements & amendments, and the ability to explain to clients the specifics of the contracts.
• Must possess analytical and quantitative skills with ability to analyze and interpret information, data, and related documentation.
• Ability to communicate effectively with all levels of management.
• Self-motivated and work independently to find solutions.

Benefits

• Health insurance
• Vision insurance
• Dental insurance
• Flexible spending accounts
• Health savings accounts
• Retirement savings plans
• Life insurance
• Disability insurance
• Paid time off
• Unpaid time off