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Penumbra, Inc. · 1 month ago

Procurement Portfolio Manager (Electronics Contract Manufacturing)

Alameda, CA

Full-time, Contract

Onsite

Senior Level, Lead/Staff

$157K/yr - $194K/yr

8+ years exp

Penumbra is a global healthcare company focused on innovative therapies. The Procurement Portfolio Manager is responsible for leading the development and implementation of sourcing strategies that deliver cost efficiencies, supply assurance, risk mitigation, and quality in the procurement of materials and services for a given product portfolio.

Medical Device

H1B Sponsor Likely

Responsibilities

Identifies business needs of the product portfolio and develops business-level partnerships

Collaborates with Operations Product/Portfolio Leadership to ensure business needs are met

Develops supplier strategies in alignment with the business partner priorities/requirements and business growth objectives

Manages the strategic sourcing activities for a Penumbra product portfolio to ensure supply continuity and deliver efficiencies in spending

Builds, optimizes, and measures annual savings plan goals

Establishes, analyzes, and reports business analytics, KPIs, and customer satisfaction criteria for procurement

Establishes and maintains a supplier landscape, manages the contracting processes for MSAs, Supply Agreements, and maintains adherence to the processes

Manages supplier engagements to improve performance, optimize costs, and contract appropriately to ensure supply continuity

Execute and maintain key sourcing relationships that provide year-over-year benefits to quality, response time, technology, risk, and total cost

Lead regular business reviews with suppliers and Penumbra stakeholders

Takes a proactive position to identify and mitigate supply risks within the portfolio supported

Develop strategic roadmaps for assigned portfolio ensuring suppliers are capable of meeting current and future business requirements

Establish supplier selection criteria, evaluate alternative suppliers, and drive final supplier selection in partnership with R&D, Operational Procurement, Mfg. Engineering, Quality, and other cross-functional partners

Responsible for understanding the benefits and costs of supply chain options and leveraging that knowledge to drive strategic discussions and decisions

Leverages knowledge of suppliers, supply base, and market conditions to recommend actions favorable to the business

Supplier Relationship Manager for assigned suppliers requiring careful oversight and management

Clearly communicates status and performance to various levels within Penumbra

May manage one or more Procurement employees

Selects, manages, trains, and develops staff as required

Establishes objectives and assignments and provides ongoing feedback through performance reviews and development plans

Adhere to the Company’s Quality Management System (QMS) as well as domestic and global quality system regulations, standards, and procedures

Understand relevant security, privacy, and compliance principles and adhere to the regulations, standards, and procedures that are applicable to the Company

Ensure other members of the department follow the QMS, regulations, standards, and procedures

Perform other work-related duties as assigned

Qualification

Sourcing strategiesSupplier relationship managementNegotiation skillsElectronics Contract ManufacturingData analysisCommunication skillsCollaboration skillsTeam player

Required

Bachelor's degree or equivalent with 8+ years of sourcing or commodity management experience in the medical device, pharmaceutical, or biotechnology industry; or an equivalent combination of education and experience

Excellent written and oral communication skills, excellent spreadsheet, presentation, and word processor skills

Experience in managing strategic sourcing strategies, negotiating long-term agreements and contracts

Team player with excellent influencing and collaboration skills

Ability to communicate effectively with senior management, internally, and externally

Preferred

Experience with managing Electronics Manufacturing Services / Electronics Contract Manufacturing suppliers is a plus

Experience in direct materials sourcing desired

Benefits

Medical

Dental

Vision

Life

AD&D

Short and long-term disability insurance

401(k) with employer match

An employee stock purchase plan

Paid parental leave

Eleven paid company holidays per year

A minimum of fifteen days of accrued vacation per year, which increases with tenure

Paid sick time in compliance with applicable law(s)

Company

Penumbra, Inc.

Glassdoor3.3

Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company focused on innovative therapies.

Founded in 2004

Alameda, CA, US

1001-5000 employees

http://www.penumbrainc.com

H1B Sponsorship

Penumbra, Inc. has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (36)

2024 (42)

2023 (46)

2022 (43)

2021 (36)

2020 (26)