Procurement Strategist for Indirect and Capital Goods
2 days ago
About the Role
Zoetis is seeking a highly skilled Procurement Strategist to manage indirect and capital purchases.
Job Summary
This position ensures efficient purchasing operations, cost-effectiveness, and compliance with company policies.
The successful candidate will work closely with internal stakeholders and suppliers to meet procurement objectives and support the organization's strategic goals.
Key Responsibilities
- Indirect Procurement: Manage procurement activities for office supplies, IT equipment, and professional services, as well as Maintenance, Repair and Operation (MRO) purchases.
- Capital Purchases: Responsible for the procurement of capital goods, including machinery, equipment, and other large-scale purchases, ensuring compliance with budgetary constraints and project timelines.
- Supplier Management: Develop and maintain relationships with key suppliers to ensure quality, reliability, and cost-effectiveness. Negotiate contracts and terms to secure favorable outcomes for the organization.
- Procure-to-Pay Process: Execute the end-to-end procure-to-pay process, ensuring timely and accurate processing of purchase orders, invoices, and payments.
- Compliance and Documentation: Ensure all procurement activities comply with company policies, procedures, and regulations. Maintain accurate and up-to-date procurement records and documentation.
- Cost Analysis: Conduct cost analysis and benchmarking to identify cost-saving opportunities and improve procurement efficiency.
- Cross-Functional Collaboration: Work closely with various departments, including Finance, Operations, and Project Management, to support procurement needs and align with organizational goals.
- Market Research: Stay updated on market trends, supplier developments, and emerging technologies to inform procurement strategies and decisions.
- Reporting and Analysis: Generate and analyze procurement reports to monitor performance, identify issues, and support decision-making processes.
- Purchasing Method Determination: Decide on appropriate purchasing methods in line with Zoetis purchasing and accounting policies.
Requirements
- Education: Graduation in Science or Engineering or Pharmaceutical with a management degree or diploma in Business, Supply Chain Management, Procurement, or a related field.
- Experience: Minimum of three years of experience in procurement, with a focus on indirect and capital purchases.
- Technical Skills: Proficiency in procurement software and ERP systems (SAP preferred). Advanced skills in MS Excel.
- Analytical Skills: Strong analytical and problem-solving abilities, with experience in cost analysis and financial evaluation.
- Negotiation Skills: Proven experience in negotiating contracts and supplier agreements to achieve optimal terms and conditions.
- Communication Skills: Excellent communication and interpersonal skills, with the ability to work effectively with internal and external stakeholders.
- Organizational Skills: Strong organizational and time management skills, with the ability to manage multiple priorities and meet deadlines.
About Us
Zoetis is a leading animal health company that discovers, develops, manufactures, and commercializes innovative veterinary vaccines and medicines, feeding medications, and genetic tests, as well as a range of biologic and chemical products, and pet supplements.
Our salary range for this position is $80,000 - $110,000 per year, based on location and experience.
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