Job details

Procurement Capital Investment Manager

Duration: 12 months (Potential for extension)Description:Top three "Must Haves"1. Project procurement experience in large CAPEX projects2. Pharma experience in GMP or none GMP3. Negotiation experienceJob Description:For this project, we are looking for someone to support the procurement project manager with a range of responsibilities. This position is responsible for sourcing execution in systems Coupa, communication with internal and externals, source to pay process, as well as updating project procurement plans and maintenance of activities in support of the project organization.Responsibilities:Sourcing tasks ·· Create a procurement strategy· Create a detailed procurement plan· Create a project procurement sourcing process· Lead all the activities within the sourcing process and ensure cooperation with key stakeholders, from suppliers scouting, selection and approval, contracting and invoicing· Planning and execution of sourcing events including RFP/ RFXs, negotiations to best meet the business requirements for value, speed, compliance, risk.· Develop and implement sourcing strategies aligned to the policies, standards and relevant compliance. ü Develop and use bid evaluation framework.· Incorporate advanced evaluation techniques such as Total Cost of Ownership (TCO) and risk assessment.· Prepare reports and maintain documentation related to sourcing activities, market insights, and bid evaluations.· Ensure that all sourcing activities follows the procurement policy and sourcing strategy agreed beforehand.Supplier management:· Proactively address and resolve issues that arise in supplier performanceNegotiation and contract management:· Negotiate high-complexity contracts to secure favorable terms and conditions with suppliers (with legal support).· Manage contract documentation to ensure compliance with company policies and regulations.· Cross-functional collaboration:· Work closely with other departments to drive initiatives and achieve project objectives.· Actively share and seek input in decision-making from appropriate sources.· Invoicing follow up: Collaborate with cost controller and procurement team to verify that invoices align with purchase orders, contract deliverables and the project plan. Support project manager to monitor and oversee change order approval process. Address and resolve issues related to contracts, purchase orders, invoices and change orders.· Reporting in Power BI: develop and maintain standardized project management reports in Microsoft Power BI, Teams or Excel.· Project planning: develop a high level project plan detailing the project scope, work packages, timeline, milestones, governance, roles and responsibilities, risks, and resource allocation. Critical path analysis. Oversee project knowledge and information repositories, as well as facilitate the onboarding of new team members.· Stakeholder management: proficient in gathering insights to develop a stakeholder list, analysis, and a plan for involving and informing various stakeholders. Define strategies for consistently engaging and aligning stakeholders. Capable of recognizing when stakeholder involvement and engagement are necessary, particularly when unforeseen challenges arise.QualificationsMinimum qualifications:· Bachelor’s degree in business administration, economics, finance or a related field, from an accredited university required, or equivalent combination of education and experience required.· May consider an associate’s degree from an accredited university with a minimum of 5 years of experience in project management.· Minimum +5 years of experience with a proven track record in procurement, CAPEX projects, pharmaceutical industry.· Experience and track record in an equivalent role leading sourcing activities within comparable categories· Project management certification (CAPM, PMP, etc) preferred.· Experience working in large and matrixed organizations.· Proficient in Microsoft Office, with a strong command of Teams, PowerPoint, Power BI and Excel.· Travel to project site in Waltham as needed.Education:• Bachelor’s Degree RequiredSkills:Capital expenditure ,Investment Projects ,Procurement ,SourcingAbout US Tech Solutions:US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit www.ustechsolutions.com.US Tech Solutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Recruiter Details:Name: AishwaryaEmail: aishwarya.t@ustechsolutionsinc.comInternal Id: 24-28195

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What You Should Know About Procurement Capital Investment Manager, US Tech Solutions

Are you an experienced Procurement Capital Investment Manager looking for your next challenge? Join US Tech Solutions in Lexington, MA, where we need your expertise in managing and executing procurement strategies for large CAPEX projects in the pharmaceutical sector. For a 12-month contract, with the potential for extension, you will collaborate with our team to lead sourcing activities that ensure the efficient procurement of vital resources. Your project procurement experience will shine as you devise a comprehensive procurement strategy, plan detailed sourcing processes, and engage with key stakeholders. Your role will include negotiating complex contracts to secure the best terms while maintaining compliance with our procurement policies. Additionally, you'll be responsible for reporting using Microsoft Power BI, so proficiency in this tool will be crucial. With a minimum of 5 years in procurement, especially in CAPEX projects, and a knack for negotiation and relationship management, you'll fit right in. Bring your project management certification and your willingness to engage with a matrixed organization to help us drive our objectives forward. If you're ready to make a meaningful impact, US Tech Solutions is eager to welcome you to our team!

Frequently Asked Questions (FAQs) for Procurement Capital Investment Manager Role at US Tech Solutions

What are the responsibilities of a Procurement Capital Investment Manager at US Tech Solutions?

As a Procurement Capital Investment Manager at US Tech Solutions, your primary responsibilities include developing procurement strategies, managing sourcing processes, negotiating contracts, and collaborating with cross-functional teams. You'll play a vital role in project planning, supplier management, and reporting using tools like Power BI to ensure all procurement activities align with business requirements.