Sarnova · 4 months ago
Senior Sourcing Manager - Private Label - Sarnova
Sarnova is the leading national specialty distributor of health care products in Emergency Medical Services (EMS) and Respiratory Markets. The Senior Sourcing Manager will focus on sourcing activities for Sarnova’s private label brand, Curaplex, developing vendor partnerships while ensuring quality and cost-effectiveness of products.
Health CareHealth DiagnosticsMedical Device
Responsibilities
Establish themselves as a category subject matter expert and trusted partner within the various business units and cross-functional teams
Develop relationships with new finished good product suppliers & manage existing relationships
Follow structured negotiation processes to conduct supplier negotiations and contracting
Evaluate new sources, methods, and suppliers to ensure a reliable supply of finished products
Identify potential suppliers and onboard and develop new suppliers in line with corporate supplier strategies
Conduct global market research to identify potential new suppliers and products with the goal of identifying new and redundant sources of supply based on competitiveness, capability and business needs
Cultivates supplier partnerships, tracks KPI’s and goals and monitors scorecards to measure and evaluate vendor performance and collaborate with partners to ensure quality and performance
Establish global financial strategies and execute to meet Curaplex performance goals
Complete Strategic Sourcing Events for assigned portfolios focusing on total value - includes but not limited to negotiating price, lead time, payment terms, rebates and delivery
Oversee sourcing process and ensure that best costs are obtained from competing vendors through RFPs, allocate and award business to vendors as appropriate
Analyze global, regional & local market information to understand upstream cost drivers and the effect on market pricing, including supply and demand dynamics
Analyze and calculate costs of procurement and suggest methods to decrease expenditure
Optimize sourcing procedures to attain maximum efficiency
Perform cost and scenario analysis, and benchmarking
Partner with internal stake holders & budget owners to develop and execute continuous improvement plan
Work closely with cross functional teams to identify suppliers for new product launches
Conduct Business Reviews to drive supplier performance & prioritization of business needs
Continually investigate & initiate sourcing and cost reduction opportunities to increase supply chain efficiencies, ensure supply resilience, reduce risk and improve gross margins
Develop & negotiate applicable legal contracts using in depth knowledge of standard commercial legal contract terms
Review prototypes from various sampling stages to ensure design and quality meets standards
Manage resolution of issues/concerns with suppliers, primarily as it relates to quality issues that may arise from inspection failures, production issues affecting delivery schedules, and pricing and invoice discrepancies
Qualification
Required
Previous sourcing and management experience working with 3rd party contract manufacturers or direct manufacturing partners on medical devices or other healthcare solutions
8+ years' experience in mass market product development, sourcing and/or purchasing environments. Medical device, medical/clinical expertise or prior health care experience strongly desired
Experience with Strategic Sourcing and improving supplier performance
Familiarity with contracting language and experience in negotiating contracts with suppliers
Strong knowledge of supply chain principles and processes
Strength in negotiations, cost/price analysis and purchasing procedures is also essential
Knowledge of Bids, RFP's and Reverse Auctions
Understanding of new product launch and commercialization, with experience in product development and manufacturing processes desired
Excellent communication skills, both written and verbal, with demonstrated ability to effectively lead and influence at all levels, including high-level stakeholders and business leaders
Experience with large project planning and project management and the ability to lead project teams and collaborate with functions outside of the marketing team
Proven ability to work successfully in a deadline driven environment with a sense of urgency
Microsoft Office Suite and CRM with strong Excel analytical skills and advanced PowerPoint capabilities
A Bachelor's degree in Business, Marketing, or related field
Preferred
International sourcing experience preferred
Understanding manufacturing and quality validation processes and best practices preferred
MBA preferred
Benefits
401(k) Plan
Company
Sarnova
Sarnova Inc., through its subsidiaries, provides healthcare products and distributes emergency medical equipment and supplies.
Funding
Current Stage
Late StageTotal Funding
$10.5M2018-03-12Acquired
2009-12-31Series Unknown· $0.5M
2009-04-24Series Unknown· $10M
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