Procurement Manager
We are partnered with a leading financial services company in the Winston-Salem area seeking an experienced Procurement Manager to lead end-to-end procurement operations across assigned categories. This role encompasses strategic sourcing, vendor negotiations, contract lifecycle management, cost optimization initiatives, and purchase order administration. The ideal candidate will drive procurement excellence while ensuring full compliance with organizational policies and leveraging Ariba platform capabilities.
Key Responsibilities:
- Lead procurement initiatives that align with organizational objectives and deliver measurable cost savings
- Manage complete contract and purchase order lifecycles, including RFPs, RFQs, supplier onboarding, and vendor performance tracking
- Research and evaluate potential suppliers while leveraging cross-departmental insights to identify best-fit vendors
- Coordinate comprehensive vendor due diligence processes across the organization
- Negotiate favorable business terms, competitive pricing, and value-driven agreements with suppliers
- Execute procurement workflows within Ariba Contract and Procurement platforms
- Identify and capture cost savings opportunities through strategic vendor partnerships and contract optimization
- Partner effectively with cross-functional teams including business stakeholders, legal, information security, vendor risk management, and finance
- Operate independently while maintaining strong collaborative relationships across departments
- Influence stakeholders and drive consensus on procurement decisions and strategies
- Maintain strict adherence to enterprise risk management and internal control frameworks
Qualifications:
- Bachelor's degree or equivalent professional experience
- 8-10 years of progressive procurement or purchasing experience
- Proven track record executing full procurement cycles: sourcing, contract negotiation and execution, and purchase order management
- Demonstrated success identifying and delivering cost savings initiatives
- Strong communication skills with ability to influence across organizational levels
- Exceptional problem-solving capabilities and analytical mindset
- Procurement background in financial services, technology sectors, or indirect materials and services categories preferred
- Hands-on experience with Ariba Contract Management and Procurement modules preferred
- MBA or advanced business degree a plus
- Six Sigma certification or formal process improvement training a plus
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