Procurement Manager

Posted 11 Hours Ago
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Hiring Remotely in Pune, Maharashtra
Remote
Hybrid
Senior level
Artificial Intelligence • Cloud • Information Technology • Sales • Security • Software • Cybersecurity
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The Role
The Procurement Manager will develop sourcing strategies, optimize procurement processes, manage vendor relationships, and analyze spending to enhance efficiency and drive cost reductions.
Summary Generated by Built In

About the Team
At Rapid7, the Finance team is dedicated to maintaining fiscal discipline and enhancing business performance by leveraging market trends and data analytics. Our publicly traded company is committed to responsible growth, social responsibility, and contributing positively to the cybersecurity community.
About the Role
The Procurement Manager at Rapid7 will lead the development and execution of sourcing strategies for both indirect and direct procurement categories. This role focuses on optimizing procurement processes, reducing costs, and managing vendor relationships to support the strategic needs of Rapid7.
Responsibilities
- Lead the strategic development and execution of sourcing strategies for key procurement categories.
- Analyze spending patterns to identify opportunities for cost reduction and process improvements.
- Establish and maintain strong, strategic relationships with key suppliers and internal stakeholders.
- Negotiate contracts and terms with vendors to ensure favorable conditions that align with Rapid7's objectives.
- Monitor market trends to anticipate changes affecting supply and pricing.
- Manage and oversee the contract repository, ensuring all contractual agreements are current and accurately documented.
- Lead spot buying initiatives to secure the best possible terms on short-term needs.
- Maintain and update product catalogs and manage the procurement intake workflow to ensure efficient procurement operations.
- Support the development and implementation of the 'Ask Procurement' program, which is responsible for responding to internal procurement-related inquiries and fostering a knowledgeable procurement environment.
- Utilize procurement tools effectively to maximize efficiency and transparency in procurement processes.
- Provide detailed reports on procurement metrics, savings, and vendor performance to leadership and stakeholders.
- Identify and implement continuous improvement initiatives to enhance procurement strategies and operations.
Qualifications
- Bachelor's degree in Supply Chain Management, Business Administration, Finance, or related field. An MBA or relevant certification (e.g., CPSM, CIPS) is preferred.
- Minimum of 7 years of experience in procurement or supply chain management, with a strong background in strategy development and vendor negotiations.
- Excellent analytical and strategic thinking abilities.
- Strong negotiation and contract management skills.
- Proven capability to manage multiple projects and priorities in a dynamic environment.
- Exceptional interpersonal and communication skills, with the ability to effectively collaborate and influence stakeholders at all levels.
- Proficient in procurement software and tools.
About Rapid7
Rapid7 is shaping the future of digital security by helping organizations enhance their security capabilities in the rapidly evolving digital landscape. Trusted by over 11,000 customers globally, our suite of advanced solutions ensures comprehensive threat management and proactive risk assessment. At Rapid7, we believe in fueling innovation through our dedication to community engagement and cutting-edge research, making the digital world a safer place for everyone.
Apply Now
If you're excited about this opportunity and feel your background aligns well with the role, please apply through our careers page. We look forward to considering your application.
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Top Skills

Analytics Tools
Procurement Software

What the Team is Saying

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The Company
HQ: Boston, MA
2,400 Employees
Hybrid Workplace
Year Founded: 2000

What We Do

At Rapid7, our vision is to create a secure digital world for our customers, our industry, and our communities. We do this by harnessing our collective expertise and passion to challenge what’s possible and drive extraordinary impact. We’re building a dynamic and collaborative workplace where new ideas are welcome.

Protecting 11,000+ customers against bad actors and threats means we’re continuing to push the envelope - just like we’ve been doing for the past 20 years. If you’re ready to solve some of the toughest challenges in cybersecurity, we’re ready to help you take command of your career.

Join us.

Why Work With Us

With our products, research, and open source communities, we’re building a secure digital future for everyone. This means constantly learning and evolving in an industry that’s anything but stagnant. You’ll be faced with tough challenges, and given the support to find creative solutions that drive our business, and your career forward.

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Rapid7 Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Our default working model is hybrid, with employees working three days per week in the office. This approach underpins our commitment to flexibility and adaptability while supporting our dedication to development, teamwork and customer purpose.

Typical time on-site: 3 days a week
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