Procurement Manager

Who we Are

As a leading healthcare intelligence company with over 40 years of experience, we put our unrivaled payment integrity expertise, expansive perspective, and relentless focus to work for our clients-ensuring no stone is left unturned in our pursuit of unmatched results. Our commitment to accuracy and excellence has helped us grow into a proven leader of our industry, relied on by companies large and small to help them maximize their return on investment.

Location: This position will be hybrid located in our La Grange, KY office.

About the Opportunity

At NewCo, we're constantly reimagining what's possible in our industry-creating disruptively simple, powerfully clear ways to maximize our clients' financial outcomes today and drive down healthcare costs tomorrow. As part of the Finance team, you will, as the Procurement Manager, be responsible for implementing and managing the procurement activities related to equipment, technology services and licenses, and professional service providers as well as travel and expense related programs. This includes identifying and negotiating with suppliers, ensuring cost-effective purchasing decisions, and maintaining strong relationships with key vendors. You will also collaborate with internal teams to understand business requirements and align procurement strategies with overall organizational goals.

What you'll do

• Strategic Sourcing & Procurement:
  
  Develop and execute procurement strategies to meet the company's technology needs, including hardware, software, and third-party services.
• Supplier Management:
  
  Identify, evaluate, and manage relationships with suppliers and vendors. Negotiate contracts, prices, and terms to ensure optimal value for the company.
• Credit Card Program Management:
  
  Oversee and manage the company's corporate credit card program, ensuring proper usage, compliance, and timely reporting.
• Travel Procurement Management:
  
  Manage relationships with travel vendors and suppliers, including airlines, hotels, car rental agencies, and travel management companies to optimize cost savings and improve service quality.
• Budget & Cost Control:
  
  Monitor and control procurement budgets, ensuring that purchases are made within budgetary constraints while maintaining high-quality standards.
• Vendor Performance Management:
  
  Track and assess vendor performance against agreed-upon SLAs (Service Level Agreements) and KPIs (Key Performance Indicators), taking corrective action where necessary.
• Collaboration with Internal Teams:
  
  Work closely with technology, finance, legal, project management office, and operations teams to identify needs and align procurement processes with internal requirements.
• Contract Management:
  
  Review and manage procurement contracts, ensuring compliance with legal and regulatory standards, and mitigate risk to the organization.
• Market Analysis & Trends:
  
  Stay current on technology trends, market conditions, and supplier capabilities to ensure procurement decisions are informed and competitive.
• Process Improvement:
  
  Continuously evaluate and improve procurement processes to enhance efficiency, reduce costs, and support scalability.

• Education:
  
  bachelor's degree in business, Finance, Supply Chain Management, Engineering, or a related field. (Master's degree or professional certifications in procurement such as CPSM, CIPS preferred.)
• Experience:
  
  At least 5 years of experience in procurement or supply chain management, preferably in the technology industry. Experience in managing technology-related purchases (hardware, software, cloud services, etc.) is highly desirable.
• Skills:
  
  
  
  • Strong negotiation and contract management skills
  • In-depth knowledge of procurement processes and best practices
  • Excellent communication and interpersonal skills
  • Ability to analyze market trends and data to drive purchasing decisions
  • Strong analytical and problem-solving abilities
  
  
  
  

What Success Looks Like...

After 3 months

• You will have a strong understanding of the role.
• You begin building relationships and collaborating with peers.
• You develop effective time and priorities management.
• You receive initial feedback about your performance and are using it to improve.
• You've gained confidence in your abilities and are starting to feel more comfortable in your role.

After 1 year

• You have mastered the tasks and responsibilities of the position, executing them with confidence and efficiency.
• You have established a strong network of internal relationships and are recognized as a key collaborator.
• You've been entrusted with greater responsibility indicating the company's confidence in your abilities.
• You see opportunities for career progression and personal development.

This is an exempt position. The salary range is for Base Salary.Compensation will be determined based on several factors including, but not limited to, skill set, years of experience, and the employee's geographic location.

What's in it for you

• PTO, Paid Holidays, and Volunteer Days
• Eligibility for health, vision and dental coverage, 401(k) plan participation with company match, and flexible spending accounts
• Tuition Reimbursement
• Eligibility for company-paid benefits including life insurance, short-term disability, and parental leave.
• Remote and hybrid work options

At NewCo, we're reimagining a simpler way forward. This begins with our employees. We are innovators who value integrity, teamwork, accuracy, and flexibility. We do the right thing, and we listen to the needs of our clients and their members. As tenured experts with unmatched experience, we champion diverse perspectives that help us to better understand and serve our clients.

Our values come to life through our culture. We embrace flexible working arrangements that allow our employees to bring innovation to life in the way that best suits their productivity. We work cross-functionally, abandoning silos, to bring innovative, accurate solutions to market. We invest in each other through ongoing education and team celebrations, and we give back to our communities through dedicating days for volunteering. Together, NewCois making healthcare work better for everyone, and we're passionate about a future with better outcomes for all.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace. NewCois an employment at will employer.

#INDHP

#LI-VPM