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Sr. Sourcing Manager

Full time AliMed in Healthcare
  • Apply Before : December 31, 2019
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Job Detail

  • Experience 5 Years
  • Education Undergraduate

Job Description

Responsible for strategic sourcing activities for AliMed and related companies.  This will include working with and leading cross-functional teams to identify sources of supply, qualify and obtain materials, components, or finished goods needed to support product launches.  Identifies alternative suppliers for key product lines / products.  Negotiates advantageous terms, pricing, and delivery for key items as part of the Product Cost Reduction initiatives.

KEY DUTIES & RESPONSIBILITIES:

Sourcing Responsibilities

  • Locate, evaluate, negotiate, and select suppliers and potential suppliers to gain the best quality, cost and delivery of purchased material consistent with required standards.
  • Puts programs & world-class standard processes in place to mitigate supply risk and optimize business requirements.
  • Provide commodity and supplier leadership through proactive pursuit of Low Cost Region (LCR) sourcing, formal supply agreements, Vendor owned Management Inventory (VMI), Supplier Rationalization/Optimization, and Supplier Risk Management activities.
  • Prepare and issue RFQ’s, or solicit pricing as needed, negotiating price and delivery terms.  Must be able to analyze bids and quotations for accuracy/cost reduction opportunities, and able to summarize results to recommend a sourcing strategy/decision.
  • Drafts, Executes, and Manages supply agreements across commodities, suppliers, products, and services.

 

Supplier Management and Development

  • Develops strategic partnerships with preferred suppliers to ensure business objectives are met.
  • Works closely with Quality, Manufacturing, and Product Development to monitor and correct all supplier non-conformance issues; participates in cross-functional teams to identify and resolve problems or improve process and ensure financial recovery where appropriate
  • Create and maintain mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement, including supplier visits, interviews and QBRs.
  • Responsible for supplier management including performance reporting and corrective action as required.

 

Inventory Management

  • Control the levels of inventory on assigned group of parts / products by ensuring planning parameters are accurately maintained in the ERP system.  This includes cost, lead time, safety stock, and minimum and multiple order quantities.
  • Participates in the “Sales Inventory Operations Planning” process.
  • Drives excess and obsolescence evaluation that supports the identification of appropriate inventory coding.
  • Ability to drive sourcing savings through programs including consignment and CMI type programs.
  • Focus on outsourcing and low-cost region sourcing is paramount.

 

Cost Management

  • Negotiate cost reduction opportunities available by employing techniques of price/cost analysis, negotiations, strategic sourcing and value engineering vs. buy.
  • Assist in accounting discrepancies and pricing variance reports as directed by the Procurement Manager.
  • Coordinate with suppliers on Engineering Change Orders and properly document purchase orders to maintain accurate record and communicate cost accordingly.
  • Analyzes material cost impact on the business and develops appropriate response.
  • Participates in every aspect of supply chain management to maintain a reliable and cost competitive source of supply.

 

REQUIREMENTS:

  • Bachelor’s Degree in Business Administration, Supply Chain Management / Logistics, or Engineering
  • 5+ years manufacturing commodity purchasing, sourcing, and/or supply chain management
  • Certified Purchasing Manager (CPM) or APICS Certification a plus
  • ERP systems experience a plus
  • Experience with medical products preferred

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