
Senior Sourcing Manager - Private Label - Sarnova
Sarnova
- Dublin, OH
- Permanent
- Full-time
- 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.
- Previous sourcing and management experience working with 3rd party contract manufacturers or direct manufacturing partners on medical devices or other healthcare solutions.
- International sourcing experience preferred.
- 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.
- Understanding manufacturing and quality validation processes and best practices preferred.
- 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.
- MBA preferred.