Senior Sourcing Manager

4 weeks ago

Lexington, Massachusetts, United States Fresenius Medical Care North America Full time
Job Title: Senior Sourcing Manager

Fresenius Medical Care North America is seeking a highly skilled Senior Sourcing Manager to join our team. As a key member of our procurement organization, you will be responsible for developing and executing strategies to support our Supply Chain objectives.

Key Responsibilities:
  • Strategically manage direct spend by utilizing a proven sourcing process that engages stakeholders, aligns business objectives, and ensures supply continuity.
  • Act as subject matter expert on the supply and demand markets for assigned categories and their impact on the category.
  • Analyze global Category or market trends for assigned material/service purchases and communicate opportunities to Executive Management, recommending action plans based on market trends.
  • Develop and direct annual cost savings programs that directly affect company financials and growth plans and generate progressive year over year cost reductions.
  • Prepare requests for proposals for assigned materials/services.
  • Perform proposal analysis, including price analyses, Should Cost modeling, benchmarking, etc.
  • Develop cost targets for negotiations, negotiation strategy, and develop and negotiate supply agreements.
  • Lead supplier selection process, qualification of alternative sources, supply base rationalization programs and other relevant strategies to optimize the supply base.
  • Active Supplier Relationship Management: Development and measurement of KPIs, supplier audits, business reviews, improvement plans, new opportunities, awards, terminations, etc. including savings tracking and ongoing communication to management and stakeholders.
  • Act as Liaison for resolving supplier/product related issues on assigned materials/services.
  • Provides leadership and coaching to all direct reports and partners with human resources on employee matters.
  • Works with employees to develop clear and concise development plans to ensure the advancement of future leaders within FMCNA (succession planning).
Requirements:
  • 8 - 12 years' related experience; or a Master's degree with 6 years' experience; or a PhD with 3 years' experience; or equivalent directly related work experience.
  • 3+ years' supervisory or project/program management experience preferred.
  • Extensive experience managing sourcing projects from start to finish.
  • eSourcing experience required.
  • Proven ability to execute and generate cost reduction improvement.
  • Proficient with PCs and advanced knowledge of Microsoft Office applications.
  • Moderate to complex level of financial analysis knowledge including business modeling and problem solving skills.
  • Experience in negotiating pricing, contract terms and conditions including statements of work (SOWs).
  • Experience in providing project management and team leadership for sourcing initiatives stakeholders.
  • Results driven, innovative & creative. Aligns and energizes behind common objectives, action-oriented & willing to face challenging situations.
  • The ability to formulate and articulate a strategy and business case for the category and build the tactical path.
  • Critical thinking and decision making: The ability to solve complex problems and think through both tangible (holistic supply chain costs) and intangible (future value of supplier relationships) factors in making decisions for the company.
  • Ability to interpret and ground decisions on solid analytics.
  • Ability to negotiate the best possible terms with strategic suppliers that have a far reaching impact on our business.
  • Ability to influence internal and external stakeholders, including executive management, to achieve the initiative objectives.
  • Ability to develop relationships and build both a strong direct and indirect sphere of influence.
  • Ability to take ownership, lead and influence to deliver the desired results.
EO/AA Employer:

Fresenius Medical Care North America maintains a drug-free workplace in accordance with applicable federal and state laws.

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