Senior IT Procurement Analyst

Company Overview

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 serve as a trusted technology partner to medical and advanced industrial original equipment manufacturers (OEMs) worldwide, engineering 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 a global organization with offices located throughout EMEA, The Americas and Asia Pacific. Novanta is a publicly traded company on NASDAQ under symbol NOVT.

About the Role

The Sr IT Procurement Analyst plays a critical role in optimizing the procurement of IT products and services. This individual will be responsible for developing sourcing strategies, managing vendor relationships, negotiating contracts, and ensuring cost-effective and timely acquisition of technology solutions that align with business goals.

Responsibilities

• Strategic IT Sourcing & Procurement
• Develop and execute sourcing strategies for Applications, Software, Cloud services, and IT consulting.
• Conduct market analysis to identify potential suppliers and evaluate their capabilities.
• Lead RFP/RFI processes and vendor selection.
• Vendor Management
• Build and maintain strong relationships with key IT vendors and service providers.
• Monitor vendor performance and compliance with contractual obligations.
• Build and track vendor performance with the use of KPI’s.
• Collaborate with legal and finance teams to manage contract lifecycle and renewals.
• Cost Optimization
• Identify cost-saving opportunities through strategic negotiations and alternative sourcing.
• Analyze spend data and trends to inform sourcing decisions and budgeting.
• Risk & Compliance
• Ensure sourcing activities comply with internal policies and external regulations.
• Mitigate risks related to vendor reliability, data security, and service continuity.
• Cross-Functional Collaboration
• Work closely with IT, Finance, Legal, and Procurement teams to align sourcing with business needs.
• Work with key customers in the following areas to deliver on business requirements: Infrastructure, Cyber Security, R&D, and Manufacturing.
• Engineering Support
• Support project teams with timely acquisition of required IT resources.

Requirements

• Bachelor’s degree in Business, Supply Chain Management, Information Technology, or related field.
• 5+ years of experience in IT sourcing, procurement, or vendor management.
• Experience sourcing IT systems used in manufacturing, R&D, and quality environments.
• Strong knowledge of medical device regulations (FDA, ISO 13485, GDPR, HIPAA).
• Familiarity with IT categories including SaaS, cloud infrastructure, networking, and cybersecurity.
• Proficiency in sourcing tools and ERP systems (e.g., SAP, Oracle, Coupa).
• Excellent analytical, communication, and stakeholder management skills.

Preferred Skills

• Experience with global sourcing and managing offshore vendors.
• Knowledge of cybersecurity frameworks (e.g., NIST, ISO/IEC 27001).
• Knowledge of ITIL, ISO, or other IT governance frameworks.
• Familiarity with GxP-compliant systems and validation processes.
• Familiarity with IT systems used in medical device lifecycle (e.g., PLM, QMS, eQMS).
• Certification in procurement (e.g., CPSM, CIPS) or IT sourcing (e.g., SIG).

Benefits

The base pay for this position is $72,000 to $130,000 per year. Depending on the position offered, annual bonuses and other forms of compensation may be provided as part of the compensation package. Novanta supports all aspects of your life’s needs. This position provides a full range of medical, financial, and other benefits to make your quality of life better.

Pay

$72,000 to $130,000 per year

Schedule

Less than 10%