Procurement Specialist
- Nutley, NJ, United States
$43 to $53 USD / hour
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Job details
- Pay
- $43 to $53 USD / hour
- Apply by
- Experience
- 3-5 years of procurement, sourcing, supply chain, or supplier management experience.
- Posting language
- English
- Posted
Original job description
Procurement Specialist Hybrid Schedule | 8:00 AM - 5:00 PM $43.00 - $53.00 per hour Are you a strategic procurement professional looking to make a direct impact on a leading consumer healthcare portfolio? We are seeking a Procurement Specialist to join our team, supporting key health and wellness brands through supplier management, sourcing strategy, and cross-functional collaboration. In this role, you'll help drive supply chain performance by partnering with external manufacturers, optimizing costs, ensuring supply continuity, and supporting innovative product delivery across a complex manufacturing network. What You'll Do Strategic Supplier Management
- Manage relationships with external manufacturing partners across a healthcare product portfolio.
- Drive supplier performance in the areas of cost, quality, service, and delivery.
- Lead supplier business reviews and implement continuous improvement initiatives.
- Negotiate pricing, conversion costs, payment terms, and contract agreements.
- Evaluate supplier capabilities and identify opportunities to strengthen partnerships. Procurement & Sourcing
- Develop and execute sourcing strategies aligned with business objectives.
- Lead RFQs, supplier evaluations, negotiations, and contract implementation.
- Translate commercial, market, and supply needs into effective procurement decisions.
- Support sourcing initiatives that improve supply resilience and operational efficiency. Financial & Analytical Ownership
- Manage portfolio budgets, spend forecasting, and variance analysis.
- Conduct cost analysis, benchmarking, and should-cost modeling.
- Identify and execute cost savings opportunities through supplier negotiations and optimization initiatives.
- Support Net Working Capital (NWC) improvement efforts through effective supplier management. Cross-Functional Collaboration
- Partner with Supply Chain, Finance, Marketing, Quality, Regulatory, Legal, R&D, and Project Management teams.
- Support new product launches and ensure procurement strategies align with production and commercial goals.
- Influence key stakeholders and drive alignment across multiple business functions. Risk Management & Compliance
- Identify and mitigate supply chain risks.
- Develop contingency plans to support business continuity.
- Ensure supplier compliance with quality and regulatory requirements, including FDA-related standards.
- Lead supplier selection processes using data-driven decision-making and governance practices.
Qualifications
Required
- Bachelor's degree in Business, Finance, Supply Chain, Industrial Engineering, or a related field.
- 3-5 years of procurement, sourcing, supply chain, or supplier management experience.
- Experience leading supplier negotiations and managing supplier relationships.
- Strong analytical and financial acumen with experience in forecasting, budgeting, and cost analysis.
- Advanced Microsoft Excel and PowerPoint skills.
- Excellent communication, stakeholder management, and problem-solving abilities. Preferred
- Experience within pharmaceutical, healthcare, consumer goods (CPG/FMCG), manufacturing, or other regulated industries.
- Experience working with external manufacturers or contract manufacturers.
- Knowledge of FDA-regulated environments.
- Experience with Power BI, SAP, Ariba, Anaplan, Celonis, or similar platforms.
- Master's degree in a related field.
Why Join Us?
- Competitive pay: $43-$53 per hour
- Hybrid work environment
- Opportunity to support nationally recognized health and wellness brands
- Exposure to strategic sourcing, supplier negotiations, and executive-level decision-making
- Collaborative, cross-functional environment with opportunities for professional growth Apply today to join a team where your procurement expertise will directly impact business performance and strategic growth.
More about this job
Skills
- Procurement
- Vendor management
- Supply chain management
- Process improvement
- Manage portfolio
- Forecasting
- Collaboration
- Project management
- Risk management
- Regulatory compliance
- Decision making
- Industrial engineering
- Financial capability
- Budget management
- Microsoft Excel
- Microsoft PowerPoint
- Communication skills
- Stakeholder management
- Problem solving
- Microsoft Power BI
- SAP
- SAP Ariba