Procurement Manager

🔥 12 hours ago

❄️ Minnesota – Remote

❄️ Minnesota – Remote

💵 $106.5k - $159.8k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🛒 Procurement

👻 Ghost score 0%

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Strategic Education, Inc

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

Founded 1998

📚 Education

🤝 B2B

🏢 Enterprise

Education • B2B • Enterprise

Strategic Education, Inc. is a leader in creating innovative and career-relevant learning experiences designed to prepare learners for the workforce. With over 130 years of experience, the company partners with more than 1,300 employers across the U. S. and educates over 100,000 students globally. Strategic Education offers customized workforce solutions ranging from tuition assistance to accredited degree courses, non-degree skill pathways, and coding schools. It has a strong focus on addressing evolving skills gaps and fostering employee career growth through dynamic learning environments. The company operates reputable institutions like Strayer University, Capella University, and the Jack Welch Management Institute, among others, emphasizing the importance of education in driving economic mobility and empowering individuals.

📋 Description

• Lead sourcing and procurement initiatives across a broad range of goods and services from business requirements through supplier selection, negotiation, contracting, and implementation • Develop sourcing strategies based on business requirements, supplier markets, spend, competitive dynamics, incumbent performance, and value-creation opportunities • Lead RFIs, RFPs, RFQs, supplier evaluations, bid analysis, and negotiations • Negotiate supplier pricing, fee structures, service levels, renewal terms, price protections, termination rights, and other commercial provisions • Evaluate supplier proposals and contract economics using quantitative and qualitative analysis • Develop recommendations and business cases for supplier and purchasing decisions • Partner with Legal and business stakeholders during contract negotiations • Manage supplier renewals and identify cost-reduction, consolidation, service-adjustment, and market-testing opportunities • Build productive supplier relationships while maintaining commercial accountability • Improve purchasing processes, reduce unnecessary spend, and increase procurement effectiveness • Support purchase orders, contracting processes, procurement systems, policies, and controls • Analyze procurement and spend data to identify trends, opportunities, and risks • Present financial analyses, sourcing recommendations, supplier comparisons, and procurement updates to leadership • Manage multiple sourcing, contracting, and supplier initiatives simultaneously • Coordinate day-to-day administration of the corporate insurance program • Coordinate annual insurance renewals and prepare renewal decision materials • Maintain records of policies, coverage limits, premiums, deductibles, renewals, certificates, and related documentation • Coordinate certificates of insurance and evidence-of-coverage requests • Evaluate contractual insurance requirements and identify potential coverage gaps • Assist with claims administration and stakeholder communication • Review insurance program costs and alternatives • Serve as an internal point of contact for routine insurance questions • Develop and improve procurement policies, procedures, templates, reporting, and operating practices • Build relationships across Finance, Legal, IT, Human Resources, Marketing, Operations, and other functions • Advise business partners on assumptions, alternatives, and commercially sound decisions • Stay current on procurement, supplier-market, commercial, insurance, and risk-management developments • Lead or support special projects and cross-functional initiatives

🎯 Requirements

• 5+ years of progressive procurement, strategic sourcing, supplier management, or related commercial experience • Demonstrated experience independently leading complex supplier negotiations and sourcing initiatives • Broad procurement experience across multiple spend categories, supplier types, and business functions • Ability to independently manage the full procurement lifecycle • Strong sourcing and negotiation capability with demonstrated measurable commercial outcomes • Strong commercial judgment • Excellent analytical and quantitative skills • Strong written and verbal communication skills • Ability to influence stakeholders and establish credibility with senior business leaders • Strong project-management and organizational skills • Experience with procurement, contract lifecycle management, ERP, and related business systems • Experience with Coupa or similar source-to-pay platforms is preferred • Advanced proficiency with Microsoft Excel • Proficiency with PowerPoint and other standard business applications • Corporate insurance, risk-management, or insurance-broker coordination experience is preferred but not required • Bachelor's degree from an accredited institution or equivalent combination of education and relevant professional experience • Ability to travel occasionally as business needs arise • Ability to meet critical thinking, problem-solving, and communication requirements • Ability to work more than 40 hours per week when business needs warrant • Ability to access information using a computer

🏖️ Benefits

• Medical, dental, vision, life and disability plans • Well-being incentives • Parental leave • Paid time off • Certain paid holidays • Tax saving accounts (FSA, HSA) • 401(k) retirement benefit • Employee Stock Purchase Plan • Tuition assistance • Entertainment and retail discounts • Overtime pay for eligible non-exempt employees • Reasonable accommodations in accordance with ADA policies