Procurement Manager - Equipment and Technology

SUMMARY

The Procurement/Equipment and Technology Manager plays a vital role in optimizing procurement strategies, standardizing laboratory equipment and service agreements, and ensuring operational excellence across the Pace® lab network. This role requires deep expertise in procurement, supplier management, and technical oversight to drive efficiency, cost-effectiveness, and long-term strategic planning.

ESSENTIAL FUNCTIONS

• Sourcing & Standardization
• Develops and implements comprehensive procurement strategies for laboratory equipment, service agreements, and technology to ensure quality and cost-efficiency.
• Led initiatives to standardize equipment, service agreements, utilization, and best practices across laboratories.
• Promotes best practices in technical procurement and laboratory operations, co-leading the 3P organization as a centralized resource for labs.
• Supplier & Market Management
• Builds and maintains relationships with key suppliers to ensure quality, reliability, and innovation align with Pace® standards.
• Stays informed of supplier technology advancements, integrating innovations into procurement strategies.
• Conducts market research to analyze industry trends, supplier capabilities, and pricing strategies.
• Identifies and mitigates risks related to supplier relationships and procurement processes, ensuring continuity plans are in place.
• Cross-Functional Collaboration & Technical Leadership
• Fosters a strong technical community within Pace by mentoring team members and sharing knowledge.
• Collaborates with R&D, Quality Assurance, Operations, and other teams to align procurement strategies with business goals.
• Utilizes extensive laboratory testing experience to inform procurement decisions and ensure compliance with technical requirements.
• Asset Management & Optimization
• Develops and maintains a physical asset list, tracking hardware in production and out of production.
• Captures audits of the asset list to ensure accuracy and compliance.
• Manages asset transfers between locations using internal (TFS) and external vendors.
• Maintains a repository of equipment under service contracts, optimizing service agreement strategies.
• Assesses preventive maintenance needs across the network, identifying internally vs. externally supported functions.
• Establishes contacts and escalation points for maintenance coordination.
• Leverages existing metrics to estimate equipment lifecycles and support capital investment planning.
• Conducts comparative analysis between PAS and PLS for optimizing equipment processes.
• Compliance & Sustainability
• Ensures adherence to company policies and regulatory requirements, producing reports on sourcing activities, savings, and supplier performance.

QUALIFICATIONS

• Education and Experience: Bachelor's degree in a relevant field; advanced degree preferred. Minimum of 5 years of experience in procurement, lab role(s), or asset management.
• Required Knowledge and Skills:
• In-depth knowledge of laboratory equipment.
• Experience with asset tracking systems and service agreement strategies.
• Familiarity with industry standards and best practices in technical sourcing.
• Knowledge of procurement processes, including requisitions and purchase orders.
• Awareness of the latest advancements in supplier technology and innovations.
• Expertise in laboratory testing requirements and compliance standards.
• Strategic Thinking: Ability to develop and implement long-term sourcing strategies.
• Leadership: Strong leadership skills to guide and mentor the sourcing team.
• Communication: Excellent verbal and written communication skills for effective collaboration and negotiation.
• Analytical Skills: Strong analytical abilities to assess supplier performance and make data-driven decisions.
• Problem-Solving: Proficiency in identifying issues and developing effective solutions.
• Negotiation: Skilled in negotiating contracts and agreements with suppliers.
• Project Management: Ability to manage multiple projects and priorities simultaneously.
• Collaboration: Strong interpersonal skills to work effectively with cross-functional teams.
• Attention to Detail: High level of accuracy and attention to detail in all aspects of sourcing and procurement.