Senior Manager, Sourcing and Procurement Specialist

4 days ago

Cincinnati, Ohio, United States Meridian Bioscience Full time

About Meridian Bioscience

We are a fully integrated life science company that develops, manufactures, markets, and distributes innovative diagnostic products. Our mission is to deliver better solutions that give answers with speed, accuracy, and simplicity, redefining the possibilities of life from discovery to diagnosis.

Job Summary

The Senior Manager, Sourcing and Procurement will manage the Global Sourcing and Procurement function for the Diagnostics business segment to ensure efficient procurement of components, supplies, services, and equipment. This role was created to unite a function previously run in silos and support the rapid growth expected in advance of a future IPO.

Key Responsibilities

  • Strategy
    • Develop and implement a sourcing and procurement strategy for the company, including establishing best practices, defining data/reporting requirements, and revising procedures to improve team efficiency.
    • Establish and maintain category management strategy, eliminating sole source/single source situations, consolidating suppliers, and delivering cost savings leveraging the company's global purchasing power.
    • Coordinate with Life Science segment sourcing and procurement personnel to consolidate supplier purchase volumes and reduce total corporate costs consistent with established supply chain strategy.
    • Establish and maintain sustainable procurement strategy.
    • Function as a leader and facilitator for major supply chain projects, such as ERP or purchase order automation system implementation.
  • Sourcing & Procurement Management
    • Oversee the identification and approval of suppliers consistent with the company's Quality System requirements and category management strategy.
    • Oversee analysis of bids and negotiate supply agreements in accordance with company policies.
    • Coordinate with Production Planning to ensure adequate inventory levels to support the production plan.
    • Oversee the team's analysis of purchase requisitions and issuance of purchase orders to approved suppliers as per procedure.
    • Ensure all Purchasing records and documents are maintained in a manner consistent with all relevant FDA and/or ISO regulation guidelines as well as company policy.
    • Collaborate with Project Managers on new purchased materials requirements to support new product development projects.
    • Track key supplier performance indicators and report progress monthly.
    • Accept fiduciary responsibility for Sourcing and Procurement and communicate and maintain adherence to Meridian's corporate policies and procedures.
    • Manage and mentor employees in accordance with company training program and SOPs to ensure staff can perform tasks correctly, safely, and compliantly.
    • Build and lead a staff culture that embraces Inclusion, Diversity, and Equity.
  • Tactical
    • Work with electric and gas utility providers to secure best pricing for energy consumption requirements and partner with the Facilities teams and ESG Working Group to reduce environmental impact of the company's operations over time.
    • Reviews and monitors market information to investigate new sources of supply.
    • Serve as Materials Management representative at all Quality Review Board meetings and assist in resolution of materials quality issues as required.
    • Ensure direct and indirect reports comply with all company Standard Operating Procedures (SOPs) and guidelines. Own development and maintenance of all relevant supplier management and purchasing SOPs and work instructions.

Requirements

  • Bachelor's degree required, concentration in business or science preferred.
  • Minimum of 7 years experience in a manufacturing environment utilizing ERP systems required, supply chain experience preferred.
  • 5+ years in a managerial role, experience managing remote employees and/or indirect reporting relationships is a plus.
  • CPM or CPSM certifications a plus.

Competencies

  • Extensive supplier negotiation, contract management, and supplier partnership skills.
  • Knowledge and hands-on experience using and implementing supply chain best practices.
  • Experience monitoring and managing inventory levels, including making purchasing decisions based on a production plan.
  • Strong computer proficiency in Microsoft Office, advanced Excel expertise required.
  • Significant experience with ERP and/or inventory management software system.
  • Demonstrated strong leadership, team building, and organizational skills.
  • Ability to read, understand, and follow all company SOPs and guidelines.
  • Must possess exceptional communication, interpersonal, problem-solving, and customer service skills.
  • Readily adapts to changing priorities, effectively manages own time, sets priorities for direct reports to ensure tasks, projects are completed on time.
  • Ability to maintain regular attendance and punctuality requirements.
  • May be required to work additional hours outside of the normal work shift to ensure departmental goals are met (evenings and weekends).

Travel Requirements

  • 5-10%

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