Procurement Manager - HQ at Cedarcrest Hospitals

PURPOSE OF THE ROLE

• As a HQ Procurement Manager for Cedarcrest Hospitals, your role would involve developing, deploying and monitoring the procurement process across multiple locations within the Cedarcrest Hospitals group. You would be responsible for ensuring efficient and cost-effective procurement practices while maintaining quality standards and making sure the hospitals have all the supplies needed for operations. You would take charge of both local and overseas procurement needs of Cedarcrest.

KEY RESPONSIBILITIES:

• Procurement Strategy and Planning: Develop and implement a centralized procurement strategy that aligns with the overall goals and objectives of the Cedarcrest Hospitals group. This includes establishing standardized policies, procedures, and guidelines for procurement activities across all hospitals. Plan and forecast procurement needs based on the requirements of each hospital.
• Supplier Management: Identify, evaluate, and select suppliers and vendors for the group. Develop and maintain strong relationships with suppliers to ensure reliable and cost-effective supply chains. Negotiate contracts and manage vendor performance using agreed KPIs across all hospitals.
• Standardization and Consolidation: Promote standardization of procurement processes, products, and services across the group hospitals to achieve economies of scale and leverage buying power. Identify opportunities for consolidation and centralization of procurement activities where feasible.
• Budgeting and Cost Control: Collaborate with HQ Finance team to develop procurement budgets and control costs. Monitor expenses, identify cost-saving opportunities, and implement initiatives to optimize procurement spend across the group.
• Contract Management: Manage all SLAs with our strategic suppliers. Ensure compliance with contractual terms and conditions and manage any contract-related issues or disputes across the group. Collaborate with legal and compliance teams to ensure contract adherence and mitigate risks.
• Risk Management: Identify and mitigate procurement risks across the group hospitals. Stay updated on relevant regulations, industry trends, and best practices to ensure compliance and minimize risk exposure.
• Performance Evaluation and Reporting: Establish key performance indicators (KPIs) to measure and evaluate procurement performance across the group. Develop reporting mechanisms to provide insights into procurement activities, cost savings, vendor performance, and other relevant metrics.
• Training and Collaboration: Provide guidance and training to procurement team at each hospital to ensure consistent and effective procurement practices. Foster collaboration and knowledge- sharing among the procurement teams within the group.
• Technology and Process Improvement: Stay abreast of technological advancements in procurement and identify opportunities to leverage automation, data analytics, and digital tools to streamline processes and enhance efficiency across the group.
• Sustainability and Social Responsibility: Incorporate sustainability and social responsibility considerations into procurement decisions. Promote environmentally friendly practices, ethical sourcing, and diversity and inclusion initiatives within the supply chain.

HIERARCHY

• This role reports to the Chief Finance Officer

KEY PERFORMANCE INDICATOR

• Key Performance Indicators (KPIs) help measure your effectiveness and the success of your procurement efforts. You will be measured on the following KPIs for your role:
• Cost Savings
• Supplier Performance/prompt delivery
• Procurement Cycle Time
• Contract Compliance
• Stakeholder Satisfaction
• Purchase Order Accuracy
• Supplier Diversity and Inclusion
• Process Efficiency
• Procurement Cost as a Percentage of Revenue

EDUCATION, CERTIFICATION AND EXPERIENCE REQUIREMENTS

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field. A master's degree is a plus.
• Proven experience as a procurement manager or in a similar role, preferably in a healthcare setting.
• In-depth knowledge of procurement best practices, regulations, and market trends.
• Strong negotiation and contract management skills.
• Analytical mindset with the ability to interpret data and make data-driven decisions.
• Excellent leadership and team management abilities.
• Effective communication and interpersonal skills.
• Proficiency in procurement software and Microsoft Office Suite.
• Certification in procurement (e.g., CSCP, CPM, or CPSM) is desirable