Strategic Sourcing Manager at Renovo Solutions

Boston, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Sep, 26

Salary

0.0

Posted On

06 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Strategic Sourcing, Procurement, Contract Negotiation, Supplier Relationship Management, Data Visualization, Excel, Power BI, Laboratory Equipment Sourcing, KPI Management, Financial Acumen, Stakeholder Management, GxP Compliance, Data Integrity, Budgeting, Vendor Business Reviews, Operational Efficiency

Industry

Hospitals and Health Care

Description

Why Renovo? Renovo Solutions is a nationwide healthcare technology management company. Our mission is to enable our employees to create customer-centric solutions that empower our healthcare and life science partners to deliver better outcomes and quality of life for the communities they serve. With a presence in 40+ states, we provide comprehensive solutions for managing & maintaining healthcare technologies. Our company’s values of being People First, Customer Centric, Quality Focused, Innovative and Transparent demonstrate our beliefs in a strong culture and a commitment to excellence. We prioritize investing in our employees’ development through ongoing training programs and a supportive work environment. Join our team to make a difference in healthcare while advancing your career with Renovo. Summary: This role will support the execution of the customer’s annual lab equipment capex plans while negotiating lab equipment purchases and service contracts. The Strategic Sourcing Manager will identify synergies and cost savings between the customer’s Laboratory Asset Management Program and Vertex’s equipment purchasing plan. These efforts will maximize value across both areas of spend. What you will do: Equipment Sourcing Responsibilities * Guide the customer’s equipment requestors through the equipment purchasing process * Negotiate equipment quotes with suppliers within defined SLAs, liaise with suppliers and equipment requestors * Upload revised quotes into ticketing workflow * Develop long-term strategic partnerships with key suppliers. * Implement supplier performance metrics (KPIs, dashboards and scorecards) * Investigate alternative sources of equipment supply and used equipment options * Review and verify pricing matches the customer’s pricing agreements. Ensure they are applied to quotes * Identify opportunities for cost reduction, supplier consolidation, and value creation * Track savings achieved, likely in a customer tool or spreadsheet * Steer scientists to the customer’s preferred sources or standardized equipment options * Support supplier setup requests and support Strategic Sourcing supplier reduction initiatives and goals by funneling tail spend requests to Renovo or other preferred channels for pass through purchasing * Communicate delivery logistics with on-site personnel for Renovo pass through purchases Lab Equipment Repair & Maintenance Sourcing Responsibilities * Lead the sourcing team and associated Renovo KPIs * Oversee the purchase order (PO) process and Standard Operating Procedures (SOPs) for all external service providers to ensure operational consistency and compliance * Train and mentor the team to use good sourcing practices for sourcing of service contracts * Review annual OEM/ISO service contract and T&M spend, develop negotiation plans and negotiates with OEM/ISOs to establish high level SLAs, pricing discount rates for service contracts, repairs and parts * Identify and pursue opportunities and synergies between capex and service contracts to increase overall value of the Laboratory Asset Management Program * Surge support during budgeting and service contract purchasing execution periods * Collect data and leading supplier service performance score carding, and vendor business reviews for equipment service only * Drive service excellence by participating in Renovo QBRs and conducting regular quarterly or annual business reviews for suppliers Qualifications: * Bachelor’s degree in Business preferred. * 5+ years of experience in procurement. * Proficiency in Excel and data visualization tools (e.g. Power BI). * Experience working with laboratory equipment. * Skilled in improving data accuracy, driving compliance, and supporting informed decision-making across cross-functional teams. * Knowledge of GxP and data integrity requirements in regulated environments. * Strong attention to detail. * Excellent communication skills with the ability to translate data insights into strategic recommendations for non-technical audiences. * Proven ability to work collaboratively across multidisciplinary teams in a fast-paced, mission-driven organization. * Demonstrated impact on operational efficiency. * Stakeholder satisfaction and adoption of data tools and dashboards. * Experience working with business leaders and operation teams. Required Competencies: * Accountability – takes ownership of assigned work and follows items through to completion * Communication – clearly expresses thoughts and ideas both in written and verbal communications, provides timely information * Financial Acumen – Considers financial impact of all decisions * Integrity – Can admit mistakes, is direct and truthful * Customer Service – demonstrates a “customer-first” mentality, focused on meeting the needs of customers and captures feedback to make improvements * Priority Setting – Prioritizes assigned schedules and workload * Team Building – Mentors newer technicians, facilitates clear communication amongst the team, demonstrates care and respect for co-workers and colleagues Safety Requirements: * Maintain a safe working environment for self and others if they come in contact within the biomed area in accordance with the facility’s policies * Must follow OSHA guidelines in regard to blood borne pathogens, airborne pathogens, radiation, sharp instruments and/or tools, hazardous liquids, and operating devices * On-time completion of all safety trainings * Must have sensory ability to distinguish hot & cold ranges of temperature, surfaces, fine motor skills, manual dexterity, and detect/distinguish colors * Must be able be able to carry or lift up to 50 pounds routinely Travel Requirements: Willingness to travel up to 25% of the time, including quarterly customer visits and international travel as required by specific projects. Working Conditions: This role is 100% on-site. Presence in the office is required to effectively support daily operations, stakeholder management, and team collaboration. Classification: FLSA: Exempt **Note: This position description does not list every activity, duty, and responsibility of the position and may be altered by RENOVO at any time. EEO Statement RENOVO Solutions provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, RENOVO Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Responsibilities

The Strategic Sourcing Manager is responsible for executing annual lab equipment capex plans and negotiating equipment purchases and service contracts. The role involves managing supplier performance through KPIs and identifying cost-saving synergies between asset management and purchasing plans.