Procurement Manager

Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing-improving productivity, enhancing people's lives and redefining what's possible. We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications-from minimally invasive surgery to robotics to 3D metal printing.

Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific. Looking for a great place to work? You have found it with a culture that embraces teamwork, collaboration and empowerment. Come explore Novanta.

Summary

In this role you will be responsible for managing and supporting our team of Buyers, overseeing procurement processes, and ensuring cost-effective and efficient sourcing activities. This role requires strong leadership, excellent negotiation skills, and a keen eye for detail.

Primary Responsibilities

• Directly manage and support a team of Buyers, ensuring they have the guidance and resources needed to perform their roles effectively.

• Perform approvals for Purchase Orders (POs) exceeding $5,000, ensuring compliance with company policies and budget constraints.

• Conduct thorough reviews and approvals of invoices to ensure accuracy and adherence to contractual terms.

• Oversee and release 90-day holds on procurement activities, ensuring timely processing and resolution.

• Assist in the development and implementation of Buyer Standard Work Processes to enhance efficiency and consistency.

• Increase negotiated cost savings opportunities by leveraging strategic sourcing and negotiation skills.

• Participate in and support various sourcing activities and projects to meet organizational goals.

• Address and resolve vendor escalations promptly to maintain strong supplier relationships and ensure continuity of supply.

• Oversee procurement Key Performance Indicators (KPIs) and conduct Root Cause and Corrective Actions (RCCA's) to drive continuous improvement.

• Regularly update Supplier Risk Assessments and ensure completion of Annual Supplier Certifications to mitigate risks.

• Engage in other procurement-related activities as needed to support the department and organization

Required Experience, Education, Skills, Training and Competencies

• Bachelor's degree in supply chain management, Business Administration, or a related field.

• A minimum of 7 years' experience in purchasing and 3-5 years' experience managing people.

• Proven experience in procurement, sourcing, or supply chain management.

• Excellent negotiation and communication abilities.

• Ability to analyze data and make informed decisions.

• Demonstrated strong people leadership skills

• Ability to work effectively in a team environment, actively listening, facilitating, challenging, communicating, and motivating multifunctional teams and employees at all levels of the organization.

• Strong drive for operational excellence and business results, with the ability to interact effectively at all organizational levels

Travel Requirements

• None

Physical Requirements

• None

Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.

Please call +1 781-266-5700 if you need a disability accommodation for any part of the employment process.