Senior Procurement Manager – IT, Professional Services & Benefits

Job title: Senior Procurement Manager – IT, Professional Services & Benefits

About the Role Senior Procurement Manager – IT, Professional Services & Benefits will lead strategic sourcing initiatives across IT, Professional Services, and Employee Benefits. Reporting to the Head of General Procurement, North America, this role will drive strategic procurement activities, supplier negotiations, supplier relationships, and deliver value through cost optimization, risk management, innovation, and operational excellence. This position is hybrid and based at Ferrero's North America HQ in Parsippany, NJ, partnering with IT, HR, Finance, Legal, and business leaders to implement enterprise-wide sourcing solutions.

What You'll Do

• Develop and execute category strategies across IT, Professional Services, and Benefits that drive cost savings, service improvements, working capital optimization, supplier innovation, and operational excellence.
• Lead strategic sourcing initiatives, including supplier evaluations, spend analysis, market assessments, supplier consolidation, and regional sourcing projects.
• Monitor market trends, supplier capabilities, pricing dynamics, and emerging technologies to identify value creation opportunities and mitigate risk.
• Drive continuous improvement and procurement best practices across assigned categories.
• Lead end-to-end sourcing activities, including RFI/RFP/RFQ processes, supplier selection, contract negotiations, and rate card management.
• Negotiate agreements that maximize value while balancing total cost of ownership (TCO), service levels, quality, innovation, and risk.
• Manage supplier relationships through supplier segmentation, business reviews, KPI tracking, SLA compliance, and supplier risk assessments.
• Monitor supplier performance, financial stability, and compliance to maintain a resilient, high-performing supplier portfolio.
• Partner with Technology, HR, Finance, Legal, and other stakeholders to align procurement strategies with business objectives and deliver sourcing solutions.
• Collaborate with global and regional procurement teams to execute sourcing strategies, share best practices, and support enterprise-wide initiatives.
• Manage contract lifecycle activities, ensuring appropriate contract coverage, utilization, compliance, and supplier governance.
• Track and report procurement savings, working capital improvements, supplier performance, and overall value creation.
• Support procurement operations, including purchase orders and supplier master data processes, as needed.
• Ensure compliance with procurement policies, internal controls, governance standards, and corporate procedures.