Procurement Category Manager

Socket.dev; West Columbia (SC); On-site; USD 90,000 - 130,000; Full time

Job summary

Socket.dev is seeking a Procurement Category Manager to optimize costs across pharma supplies and vendor services. You will analyze trends, negotiate contracts, and manage inventory to ensure availability and value.

Responsibilities include developing category strategies, collaborating with marketing and buyers, forecasting demand, and driving cost-saving initiatives while managing budgets and supplier performance.

Qualifications

• 3-4 years of related experience in the pharmaceutical industry.
• Experience with inventory management and demand planning preferred.
• Solid communication and interpersonal relationship skills.
• Analytical mind with a strategic ability.
• Ability to manage multiple resources with data accuracy.
• Ability to adapt to changing business needs.
• Collaborative approach to foster vendor trust and negotiate pricing.

Responsibilities

• Analyze data to identify industry and consumer trends.
• Devise long-term development strategies for product categories.
• Develop exit strategies for unsuccessful products.
• Foster vendor relationships to improve pricing and service quality.
• Place orders to ensure product availability meeting demand.
• Position product categories to maximize visibility.
• Coordinate with marketing on pricing and promotions.
• Collaborate with buyers and merchandisers to expand categories.
• Forecast demand to sustain inventory levels.
• Own budget development and revenue for the category.
• Perform other duties as assigned.

Skills

Inventory management

Demand planning

Communication

Analytical thinking

Strategic mindset

Education

Bachelor of Science in Life Sciences (preferred)

Job description

Description

Job Purpose:

The Procurement Category Manager analyzes costs, negotiates contract details, and offers strategies and solutions to help better manage costs on supplies and vendor services within their assigned category. Additional duties include managing inventory, placing purchase orders, tracking orders, resolving issues concerning price disputes, and making bids for a vendor's services.

Essential Duties and Responsibilities:

• Analyze data or insights to determine industry and consumer trends
• Devise long-term development strategies for product categories
• Develop exit strategies for unsuccessful products
• Foster trust relationships with vendors to achieve better pricing and quality of services
• Place appropriate orders to ensure product availability that meets consumer demands
• Determine the positioning of a product category to maximize visibility
• Liaise with marketing teams to determine competitive pricing and promotional activities of a product category
• Collaborate with buyers and merchandisers to expand product categories
• Make forecasts for product demand to ensure the sustainability of inventory
• Assume responsibility of budget development and revenue for category
• Performs other duties as assigned or apparent

Supplemental Functions:

• Copying, filing, and scanning of documents.
• Performs other similar duties as required.

Requirements

Knowledge & Skills:

• High school diploma and some advanced training required.
• Computers skills necessary; experience with inventory management and demand planning preferred
• Solid communication and interpersonal relationship skills required
• Specific expertise, skills, and knowledge within procurement gained through education, course work, and experience preferred. An analytical mind with a strategic ability.
• Ability to manage a multitude of resources while maintaining accurate and current with data and information
• Ability and willingness to change direction and focus to meet shifting organizational and business demands
• Ability to create and contribute to environment that values people, encourages trust, teamwork, and open communication, and provides participation, learning, feedback and recognition.
• Ability to effectively manage one self, demonstrates integrity, be productive under pressure, and achieve development goals.

Education/Experience:

• 3-4 years of related experience in the pharmaceutical industry.
• Bachelor of Science in the area of Life Sciences, is preferred but not required.

Working Conditions / Physical Requirements:

· Position requires bending, typing, climbing, lifting, reaching, standing, sitting (60%), walking, and hearing.