Product Operations - Procurement

Summary:

We are seeking a dedicated Product Operations - Procurement to join our team. This role involves managing the full purchase order lifecycle, ensuring compliance with internal procedures, and collaborating with various departments to meet procurement needs. The ideal candidate will have a strong understanding of the procurement lifecycle and demonstrate the ability to drive cost-effective strategies.

Responsibilities:

• Manage the full PO lifecycle from creation to closure for renewals and new tools, licenses & maintenance requests, ensuring compliance and timely processing.
• Oversee vendor relationships across multiple regions, ensuring effective procurement operations.
• Liaise with R&D and Product managers to understand procurement needs, generate POs, and resolve related issues.
• Negotiate vendor pricing to secure favorable terms and assess vendor performance for cost savings opportunities.
• Resolve invoice discrepancies with Accounts Payable, review debit/credit notes as necessary, and ensure timely settlement of vendor billing.
• Maintain accurate PO records and provide regular reports on status and closures, reporting roadblocks to senior leadership.
• Conduct quarterly budget planning cycles with R&D and Finance teams to align with financial goals.
• Continuously strive for process improvements and cost reduction on each PO request.
• Enhance team communication and collaboration to align personal and company goals.
• Prepare and release various expense reports, and work closely with expense management on data sets and periodic reports.

Required Skills:

• Minimum 1-3 years of experience in procurement.
• Demonstrated expertise in using procurement tools.
• Strong understanding of procurement lifecycle, including requisition management, RFx processes, and vendor negotiations.
• Excellent communication and stakeholder engagement skills.
• Ability to work independently and manage multiple priorities in a fast-paced setting.
• Bachelor's degree in Business, Supply Chain Management, Procurement, or a related field.