Global Procurement Manager

3 weeks ago

Sunrise, United States Terumo Aortic Full time

MAIN PURPOSE OF JOB AND OBJECTIVES

  • Provide direction, guidance and manage the day-to-day operations in the Global Procurement team.
  • for ensuring the timely and cost-effective acquisition of direct materials and services necessary to support our operations.

KEY DUTIES:

  • Team Leadership and Development:
  • Lead and motivate a team of procurement category specialists, providing guidance, support, and mentorship.
  • Set clear goals and personal objectives for the team, monitor performance, and provide regular feedback and coaching.
  • Foster a culture of continuous improvement and excellence within the team.
  • Operational Procurement:
  • Oversee all aspects of the procurement process, including requisition processing, purchase order management, and supplier invoicing.
  • Define clear objectives, targets, and KPIs to measure the effectiveness of suppliers.
  • Category Management:
  • Provide knowledge to support the development of category strategies aligned with organizational goals and objectives.
  • Supplier Relationship Management:
  • Cultivate and maintain strong relationships with suppliers to ensure alignment with business requirements and objectives.
  • Identify and qualify potential suppliers through rigorous evaluation processes.
  • Collaborate with suppliers to drive innovation, continuous improvement, and value-added initiatives.
  • Cost Optimization and Savings:
  • Negotiate with suppliers to secure favorable pricing, terms, and conditions where no contract is in place.
  • Identify opportunities for cost optimization and savings.
  • Track and report cost savings achieved through negotiation, consolidation, and process improvements.
  • Risk Assessment and Mitigation:
  • Conduct risk assessments to identify potential threats to the supply chain, such as supplier instability, geopolitical factors, or regulatory changes.
  • Develop risk mitigation strategies and contingency plans to minimize the impact of identified risks.
  • Monitor and evaluate supplier performance to ensure adherence to contractual obligations and quality standards.
  • Cross Functional Collaboration:
  • Collaborate with internal stakeholders, including operations, finance, marketing, and legal teams, to align procurement strategies with business requirements.
  • Communicate effectively with stakeholders to gather input, provide updates, and address concerns related to material shortages or issues.

Compliance:

  • Ensure compliance with procurement policies, procedures, and regulations, and implement best practices to enhance operational efficiency and effectiveness.
  • Travel for supplier visits and conferences as required.

DIMENSIONS & LIMITS OF AUTHORITY:

COMPANY REQUIREMENTS

a) Must refer to relevant company handbook/policy statements detailing company procedures regarding employee conditions and benefits

b) Authorization of purchase orders is given in Authorization of Limits produced by Finance Department

QUALITY REQUIREMENTS

a) Ensure compliance with all quality systems regulatory requirements such as, but not limited to, ISO 13485, 21 CFR Part 820, MDSAP, MDD (93/42/EEC) and MDR (EU 2017/745)

b) Responsible for addressing issues within the QMS without undue delay as evidenced by on time completion of actions on the Single Action Tracker (SAT)

EH&S REQUIREMENTS

a) Create a safety culture and safe working environment

b) Ensure compliance with all Environmental Health and Safety regulatory requirements

c) Provide recourse to meet Environmental Health and Safety goals

d) Maintain defined organization Environmental Health and Safety competencies

e) Ensure related Risk Assessments are completed, accidents raised and action hazards

QUALIFICATIONS & EXPERIENCE:

  • Bachelor's degree in business, supply chain management, procurement, or a related field. (CIPS preferred)
  • Five years minimum proven experience of procurement principles, practices, and processes in a regulated environment is preferred.
  • Understanding of procurement best practices, industry trends, and emerging technologies in procurement management.
  • Excellent negotiation skills with a track record of achieving cost savings and driving value through supplier relationships.
  • Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and build relationships with internal and external stakeholders at all levels of the Organization.
  • Strong leadership abilities with proven experience in managing teams and driving results.
  • Proficiency in procurement software and tools, such as e-sourcing platforms, contract management systems, and spend analysis tools.
  • Demonstrated ability to work independently across two locations, prioritize tasks, and meet deadlines in a fast-paced environment.

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