Procurement, Manager

Position Summary

The Procurement Manager is responsible for leading strategic sourcing, vendor negotiations, and procurement operations to ensure cost efficiency, quality, and operational effectiveness across the organization. This role manages procurement staff located in both the United States and India and oversees the full procurement lifecycle, including vendor selection, contract negotiation, contract lifecycle management systems, and procurement reporting. The Procurement Manager partners closely with Finance, Legal, and business stakeholders to deliver measurable value through vendor management, data-driven decision making, and optimized procurement processes.

What you’ll do and how you’ll make your mark:

1. Procurement Strategy & Vendor Management

• Lead sourcing and procurement activities across multiple categories of spend.
• Negotiate pricing, contract terms, service level agreements, and renewal terms with vendors.
• Build and maintain strategic vendor relationships to ensure competitive pricing and service quality.
• Identify opportunities for cost savings, supplier consolidation, and improved procurement efficiency.
• Conduct vendor evaluations, risk assessments, and performance reviews.
• Maintain the system of records
• Uses data and AI to recommend and drive faster decision-making

2. Team Leadership

• Manage procurement staff located in the United States and India, ensuring alignment across global teams.
• Provide leadership, coaching, and performance management for procurement personnel.
• Coordinate work distribution and ensure consistent procurement standards and policies across locations.
• Foster collaboration between procurement teams and business stakeholders.

3. Contract Management

• Oversee contract lifecycle management, including contract creation, negotiation, execution, and renewals.
• Utilize contract lifecycle management (CLM) systems to track vendor agreements, obligations, and renewal timelines.
• Partner with Legal and Finance to ensure contracts meet regulatory, compliance, and financial requirements.
• Ensure documentation and contract records are maintained accurately.

4. Procurement Operations & Systems

• Manage procurement platforms and tools used for sourcing, vendor management, and contract tracking.
• Drive adoption and effective use of contract management and procurement systems.
• Improve procurement workflows through automation and system enhancements.

5. Reporting & Analytics

• Develop and maintain procurement dashboards, KPIs, and operational reports.
• Track procurement metrics such as cost savings, vendor performance, cycle times, and spend analytics.
• Provide leadership with data-driven insights to support vendor strategy and budgeting decisions.

6. Stakeholder Collaboration

• Partner with Finance, IT, Legal, and operational teams to align procurement strategy with business priorities.
• Support budgeting, forecasting, and vendor planning activities.
• Ensure procurement processes comply with internal policies and regulatory requirements.

Employment with Newfold Digital is at-will and nothing in this Job Description should be interpreted or construed to alter the at-will employment relationship.

This Job Description includes the essential job functions required to perform the job described above, as well as additional duties and responsibilities. This Job Description is not an exhaustive list of all functions that the employee performing this job may be required to perform. The Company reserves the right to revise the Job Description at any time, and to require the employee to perform functions in addition to those listed above.