Terumo Blood and Cell Technologies · 15 hours ago
Category Specialist - Direct Procurement
Lakewood, CO
Full-time
Hybrid
Mid Level
$105K/yr - $131K/yr
4+ years expTerumo Blood and Cell Technologies is a global leader in medical devices and related products, committed to impacting patient lives. The Category Specialist will optimize procurement strategies, enhance supplier performance, and drive cost-effective purchasing practices to improve operational efficiency and reduce costs.
Medical Device
Responsibilities
Identify and execute alternate sourcing, supplier consolidation and localization to maximize pricing leverage, and cycle time improvements
Drive and manage enhanced margin through improved material cost savings
Drive category performance improvement to stated goals: Lead time improvements, Minimum Order Quantity improvements, Localization or Vendor Managed Inventory opportunities, Payment Terms, Incoming Quality, decrease inventory levels and increase inventory turns
Drive supplier performance improvements to stated goals
Understand Internal and Supplier Manufacturing Processes to improve cost and reduce waste
Prepare Business Cases, including ROI models, and effectively present Cost Savings and Risk Mitigation proposals to appropriate parties for approval and qualification
Develop and execute RFQ’s, cost models, and estimates for initial project resourcing needs
Negotiate business T & C's relating to: payment terms, delivery terms, inventory strategies, lead times, price improvement, supply assurance and other strategic issues with key suppliers
Provide rigorous analysis of spend data and market trends/dynamics by site, supplier and/or category to prioritize and launch sourcing initiatives
Monitor current category market conditions, technology roadmaps and identify supply/demand challenges. Develop, implement and communicate tactical and strategic category plans internally as appropriate
Accountable for working closely with customer-facing teams, operation teams, and R&D and supplier engineering teams to ensure that the supplier strategy supports product and customer needs
Manage commodities/materials/spend to achieve the annual performance metrics applicable to Supply Chain – planning, logistics, warehousing, and procurement
In conjunction with operations leadership, direct supervisor, and peer leads in other regions, construct category and supplier strategies by region that support the manufacturing technologies currently produced in each region
Ensure that all supplier and sourcing strategies support the “best total landed cost” objective of the business, including costs of inventory ownership, transport, customs, duties and lead-time
Ensure that product compliance of suppliers meets all existing and future corporate social responsibility and product compliance requirements. Conduct periodic reviews of suppliers to ensure such compliance
Prepare and provide documentation of such compliance as is required by corporate and other regulatory reporting agencies
Qualification
Required
Bachelor's degree or equivalent of education and experience sufficient to successfully perform the essential functions of the job may be considered
Minimum 4 years' experience in Sourcing/Procurement/Supply Chain or Manufacturing/Operations or R&D in a large, multi-national, medical device company
Operational Excellence (Lean, Six Sigma, or Similar) experience
Proven success in managing suppliers or in managing complex manufacturing processes
Knowledge and use of relevant PC software applications and skills to use them effectively
Proven track record of driving positive results
Demonstrated ability to communicate effectively both verbally and in writing
Demonstrated ability to drive continuous improvement initiatives by leveraging Lean, Six Sigma, and data analytics to optimize processes, reduce waste, and enhance cross-functional efficiency
Highly self-motivated team player who can work effectively with management, business unit personnel, and other stakeholders
Demonstrated ability to interact with diplomacy and tact while maintaining appropriate assertiveness and persistence
Effective project management skills
Proven ability to positively persuade and influence decision making, at all levels in the organization
Person of true convictions; Willing to stand up for those convictions; Able to communicate, reinforce and coach/counsel others on those convictions; Unafraid of change / improvement
Interpersonal skills that could be described as 'firm but fair'; Objective yet compassionate in evaluating performance; Can connect all people of the organization to the mission and goals of the organization
Ability to prioritize very well and maintain appropriate balance in a fast-paced, heavy-workload environment
Sound problem-solving skills in both functional areas of operations and interpersonal relationship management
APICS and/or CPSM certification or willingness to work towards same
Willing to Travel regional and globally as required 10 - 25%
Typical Office Environment requirements include: reading, speaking, hearing, close vision, walking, bending, sitting, and occasional lifting up to 20 pounds
Benefits
Multiple group medical, dental and vision plans
A robust wellness program
Life insurance and disability coverages
A variety of voluntary programs such as group accident, hospital indemnity, critical illness, pet insurance and much more
401(k) plan with a matching contribution
Vacation and sick time programs for associates
Company
Terumo Blood and Cell Technologies
Headquartered in Lakewood, Colorado, Terumo Blood and Cell Technologies is a global leader in blood component, therapeutic apheresis and cellular technologies serving customers in more than 150 countries.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Antoinette Gawin
President & Chief Executive Officer at Terumo Blood and Cell Technologies
Rusty Spinney
Chief Financial Officer
Recent News
2024-04-09
biopharma-reporter.com
2023-12-22
Medical Device Network
2023-12-22
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