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Procurement Manager

Company:
Newmark ltd
Location:
Chicago, IL
Posted:
May 12, 2025
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Description:

The principal purpose of the Category Manager- Indirect is to oversee all Category Management, Strategic Sourcing as well as Supplier Management performance and relationship management activities for IT, Marketing, and Research Subscriptions. We are a growing team and are seeking an individual to work in partnership with indirect leaders globally as they leverage third party resources to deliver the business requirements supporting our technology enabled services.

The Category Manager will function as an individual contributor and will collaborate with both manager and individual contributor resources within the Global Procurement Organization. In addition, the Category Manager will work closely with business unit leadership and will lead or participate on cross functional teams to develop strategic procurement strategies and solutions that align to the business unit strategies. To accomplish this, the Category Manager will need to collaborate and build relationships with both internal and external stakeholders.

Responsibilities

Category and Supplier Management

Defines category and demand profile for respective subcategories

Assesses the supply market

Develops category strategy and plans that encompass creative and well thought out insights and solutions

Executes plan and realizes benefits

Refines and refreshes category management strategies and plans based on monitoring progress toward results

Manages supplier relationships, risks, performance Stakeholder and Requirements Management

Serves as the interface between the functional team members to ensure effective definition of and delivery of category management activities

Builds strong working relationships with business unit stakeholders in order to ensure requirements and considerations are being incorporated into category management and sourcing plans

Works with the business units to prepare project plans for proposed Procurement activities and makes sure all stakeholders understand timelines and assignments

Manages communications with business unit stakeholders, including regular project updates and executive updates as needed

Develops and maintains strong relationships with business units and penetrating the organization by continually demonstrating value and breaking down resistance in order to effectively manage spend

Collaborates with business unit stakeholders to establish strong working relationships

Meets or exceeds business unit expectations, looks for ways to improve the working relationship and experience, creates a unified team environment and team goals, and ensures all stakeholders understand the connection between the Procurement category strategies and the overall business objectives and strategies

Drives for results by consistently achieving goals and pushing to complete tasks by their deadlines Core Responsibilities

Pursues professional growth and provides developmental opportunities for others by soliciting and acting on performance feedback; building collaborative, cross-functional relationships; hiring, training, and developing talent for growth opportunities; delegating tasks and decisions; fostering open dialogue amongst team members; working closely with employees to set goals and provide open feedback and coaching to drive performance improvement

Manages designated work stream to meet customer and business needs by translating business plans into strategic opportunities and tactical action items; communicating goals and objectives; overseeing work assignments; aligning team efforts; building accountability for and measuring progress in achieving results; identifying and addressing improvement opportunities; assuming responsibility for decision making Qualifications

Job Requirements & Qualifications

Education

Bachelor's degree Previous Experience

The ideal candidate will have spent some time as a consultant or worked for a corporate organization in which they contributed to the development of a new function or product offering

Additionally, candidate will have spent time delivering cost savings initiatives in the IT and Marketing categories and has a strong understanding of software-as-a-service, managed service, and subscriptions sub-categories

Corporate Experience: At least 5 years in a Procurement Category Manager, Sourcing Manager or Center of Excellence role managing Corporate / Indirect categories

Consulting Experience: At least 3 years working in a General Business Consulting or Supply Chain Management practice at a reputable consulting firm, delivering third party, cost savings initiatives

Experience working for a top Commercial Real Estate Services firm a plus

Proven experience in working with, presenting, and influencing all levels of the organization Certifications

Professional certification e.g., CPSM, CIPS, C.P.M., PMP, or evidence of continued professional growth Targeted Competencies

Proven track record of executing cost savings initiatives in the IT, Marketing and Research spend categories

Ability to develop a savings pipeline over time

Understanding of procurement best practices, policies, and procedures

Building and managing diverse relationships

Analytical and Financial acumen

Effective Communication (both verbal and written)

Creative problem solver

Ability to make decisions

Negotiations

Interface with all levels in the organization

Salary: $115,000 - $150,000 annually

The expected base salary for this position ranges from $115,000 to $150,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

Working Conditions: Normal working conditions with the absence of disagreeable elements.

Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

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