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Strategic Procurement Leader
1 month ago
TwinMed is seeking a highly skilled Procurement Strategist to lead our procurement function and drive strategic initiatives that align with our business goals. As a key member of our leadership team, you will be responsible for developing and implementing procurement strategies that optimize our supply chain operations and drive cost savings.
Key Responsibilities- Develop and implement a comprehensive procurement strategy that meets company expectations
- Lead the procurement team in attaining operational effectiveness and continual improvement
- Monitor supplier operations to ensure compliance with quality standards and contracts
- Analyze market trends and pricing models to inform procurement decisions
- Analyze inventory data to identify trends, optimize stock levels, and minimize stockouts and overstocks
- Analyze and manage inventory to reduce/prevent aging and obsolescence
- Develop and maintain key department performance metrics (e.g., stock-to-sales ratio, inventory turnover) to inform strategic decision-making
- Generate regular reports summarizing inventory performance and providing insights for improvement
- Lead, mentor, and develop a team of demand planners to achieve departmental goals and enhance their skills
- Utilize advanced forecasting tools and techniques to analyze data and generate actionable insights
- Prepare and present regular reports on demand forecasts, inventory levels, and performance metrics to senior management
- Maintain best practice processes to optimize inventory management practices
- 10+ years of procurement experience
- 5+ years of senior management experience in procurement
- Proven track record of developing and implementing successful procurement strategies
- Strong understanding of demand planning and forecasting, procurement, and fulfillment processes
- Excellent analytical and problem-solving skills with a data-driven approach
- Experience with warehouse management systems (WMS) and inventory management software
- Strong leadership and communication skills with the ability to motivate and guide a team
- Passion for detail, accuracy, and efficiency
- CPIM or IBF Certification
- Certified Professional in Supply Management (CPSM) or Certified Supply Chain Professional (CSCP) preferred
- Proficient with enterprise-level software applications such as GP, P21, D&S Planning Software, Slim stock, Tagetik (formerly Vanguard) demand and supply planning software, Tableau, and Microsoft BI
- Bachelor's degree in supply chain management, logistics, business administration, or a related field preferred
- Proficiency in demand planning software and enterprise resource planning (ERP) systems, such as SAP, Oracle, or Microsoft Dynamics
- Strong analytical skills, with the ability to analyze complex data sets and interpret trends and patterns
- Detail-oriented with strong organizational and time management skills to manage multiple priorities and deadlines
- Knowledge of supply chain concepts, inventory management principles, and forecasting methodologies
- Ability to thrive in a fast-paced and dynamic environment, with a proactive and problem-solving mindset
- Leadership abilities, with experience in leading cross-functional teams and driving process improvements
- Continuous learning mindset with a commitment to staying updated on industry best practices and innovations in demand planning and supply chain management
- Prolonged periods sitting at a desk and working on a computer
- Must be able to lift up to 15 pounds at a time
- Must pass a pre-employment background and drug screening
TwinMed, LLC is an Equal Opportunity and Affirmative Action Employer.