Senior Procurement Specialist

Senior Procurement Specialist - Farmingdale, New York

ICON plc is a world-leading healthcare intelligence and clinical research organization. We’re proud to foster an inclusive environment driving innovation and excellence, and we welcome you to join us on our mission to shape the future of clinical development

Position Overview:

Join our team as a Senior Procurement Specialist and play a pivotal role in ensuring efficient vendor selection, contract negotiation, and ongoing vendor relationship management. You will collaborate closely with project teams, vendors, and stakeholders to drive success in our procurement processes.

Key Responsibilities:

Support Senior Management in the data collection, analysis, and recommendations to drive performance improvement (cost, margin, working capital, inventory) in the following Operational and Strategic areas.

Operational

• Maintain and own the pricing list of all components and sourced services; responsible for cost competitiveness and alignment of pricing of ICON (ICL) procured items globally
• Maintain ownership of ICON catalog list of products; work with scientific affairs and program management team to maintain integrity of catalog
• Support Sponsor inquires around sourcing of new products (e.g. components, finished products, home tests, custom fills)
• Responsible for ensuring global coverage (export/import-ability) of sourced components as part of ICON’s SC responsibility as a global provider of clinical sample collection devices
• Basic understanding of regulatory and trade compliance requirements through the procurement process
• Support purchasing and replenishment as and when needed
• Strong skills in excel, business objects (preferably), IT systems and database structures

Strategic

• Global and strategic identification of new component, new kit production vendors in local regions in Europe and Asia
• RFQ/RFI execution for new component and new kit production vendors
• Vendor Price negotiations
• Explore and establish Direct Sourcing relationships with Key Vendors in effort to improve purchasing lead time, cost efficiencies, optimal shelf life, and capacity reservations during time of global shortages or demand spikes
• Ensure Dual Sources (backups) for all components in effort to mitigate risks
• Maintain strong relationships with key vendors servicing ICON (ICL) to foresee trends, shortages, discontinuations, and substitute replacements
• Strong Data analytics (Cost breakdown analysis, cost benchmarking, margin analysis, activity based costing)

Qualifications and Requirements:

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• Located in Farmingdale, NY (Office-based role)
• Proven experience in vendor management, procurement, or related role.
• Strong understanding of procurement processes, vendor negotiation, and contract management.
• Excellent communication and interpersonal skills.
• Ability to multitask, prioritize, and adapt to changing priorities and deadlines.
• Proficiency in Microsoft Office Suite and procurement software.
• Experience mentoring or training junior team members is a plus.

Salary Range- This is for Farmingdale NY location only

$62,376 - $77,970

Bonus, Com, Stock, Benefits & Disclaimer verbiage:

Actual compensation will be determined based on factors such as geographic location, work experience, education/training, and skill level.   You may be eligible for a bonus, stock compensation and commissions in some cases depending on your role and performance.

Please disregard the compensation range near the bottom of this page.

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What ICON can offer you:

Our success depends on the quality of our people. That’s why we’ve made it a priority to build a diverse culture that rewards high performance and nurtures talent.

In addition to your competitive salary, ICON offers a range of additional benefits. Our benefits are designed to be competitive within each country and are focused on well-being and work life balance opportunities for you and your family.

Our benefits examples include:

• Various annual leave entitlements

• A range of health insurance offerings to suit you and your family’s needs.

• Competitive retirement planning offerings to maximize savings and plan with confidence for the years ahead.

• Global Employee Assistance Programme, TELUS Health, offering 24-hour access to a global network of over 80,000 independent speciali