Senior Manager, Procurement Indirect Commodity
Teladoc HealthJoin the team leading the next evolution of virtual care.
At Teladoc Health, you are empowered to bring your true self to work while helping millions of people live their healthiest lives.
Here you will be part of a high-performance culture where colleagues embrace challenges, drive transformative solutions, and create opportunities for growth. Together, we're transforming how better health happ
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Summary of Position
The Senior Manager, Procurement Indirect Commodity is responsible for executing and implementing effective procurement strategies of Indirect spend commodities such as IT / Software, Marketing, HR, Professional services and real estate from initial identification of needs through delivery. The successful candidate will develop and execute the commodity strategy, partnering with the stakeholders on budget management, drive cost savings/ productivity, mitigating supply chain risks and fostering strong supplier relationship.. Lastly, this role cultivates team morale and motivation by sharing experience and providing constructive feedback.
Essential Duties and Responsibilities
• Develop and Implement comprehensive Commodity Strategies aligned with the overall procurement enterprise and business goals.
• Management of negotiations, contract, and Business contingency plan for applicable Indirect category. Domain expertise on strategic sourcing, RFP/RFI, Negotiation, category strategies.
• Drive cost reduction initiatives through effective negotiation, value engineering and alternative sourcing strategies.
• Financial analysis and modeling, maintenance, negotiation, renegotiation, and management of agreements and contracts.
• Develops and maintains internal education communication processes and other tools to enhance contract performance, identification, and compliance.
• Plans, prioritizes, collaborates, and communicates information regarding projects, issues, and negotiations to ensure relationships are maintained.
• Build relationships through industry contacts, professional organizations, and individuals.
• Communicates clearly, effectively, and respectfully to employees or supplier partners.
• Negotiates contracts based on strategic and financial goals, prior contract performance, projected contract performance, and thresholds.
• Analyzes and finalizes contractual language for operational and financial appropriateness.
• Stay informed about industry trends, market dynamics and emerging technologies related to assigned commodities.
• Work closely with internal stakeholders to optimize supplier selection and performance.
The time spent on each responsibility reflects an estimate and is subject to change dependent on business needs.
Supervisory Responsibilities
• No
Travel
• Up to 10%(travel expectations are approximate and subject to change based on business needs)
Qualifications Required for Position
• 7+ years of procurement experience in commodity management or strategic sourcing in healthcare services or a SaaS Organization in the HC division.
• Experience developing and executing sourcing strategies.
• Experience in supplier management and negotiations.
• Experience collaborating with internal and external resources.
• Strong negotiation and influencing skills.
• Familiarity with relevant regulations and quality standards.
Preferred Qualifications
• Demonstrated ability to manage multiple simultaneous projects requiring frequent communication, organization/time management and problem-solving skills.
• A Bachelor's Degree in Supply Chain Management or Business-plus-experience in category management; or a high school diploma with 7+ years in a sourcing, procurement, or supply chain management role.
The base salary range for this position is$135,000 - $145,000. In addition to a base salary, this position is eligible for a performance bonus and benefits (subject to eligibility requirements) listed here: .Total compensation is based on several factors including, but not limited to, type of position, location, e