Our top medical device client is seeking a Global Category Manager (Indirect) for their Bridgeport, CT site. You will be responsible for developing and executing Indirect Commodities sourcing strategy with focus on meeting and exceeding cost reduction, quality, and delivery goals for all company locations. Establishes relationships with Strategic Suppliers to negotiate high quality products and services at the lowest possible cost. Manages supplier evaluation and formal development process. The Commodity Manager provides leadership for the assigned indirect commodities and services working closely with multiple sites and cross functional teams.
Location: Remote or Hybrid in Bridgeport, CT
Pay: $120,000-$135,000 per year
Type: Direct hire
Responsibilities
- Develops and implements sourcing strategy for suppliers and services of the Indirect Spend category with a focus on driving cost reduction initiatives through negotiation, competitive leverage and process improvements. This includes the annual setting of measurable objectives and managing the process to achieve desired results.
- Manages all strategic sourcing activities including analytics and financial analysis of the commodity.
- Solid knowledge of supply contract language, Statement of Works and negotiation experience, develops communication plan to keep stakeholders informed of negotiation progress.
- Compiles the aggregate demand for assigned commodities across all locations to use as the basis for most cost-effective contracts.
- Conducts regular Supplier Business Reviews to establishes improvement expectations and follow up on progress meeting those.
- Assesses risk within the applicable commodity and implements strategies to mitigate risks.
- Negotiates comprehensive and complicated agreements. Works with Supply Chain Contracts and Legal to ensure applicable commodities/services are covered contractually with favorable terms of service.
- Leads the cross functional team members to determine business needs and drive the execution of the commodity strategic plan.
- Actively support internal customers with sourcing of the required indirect commodity or services on time and within budget.
- Uses project management skills, including root cause analysis, cross functional facilitation abilities to lead sourcing strategies to successful resolution.
- Works closely with Finance to ensure that budgeting, and savings data is accurate for applicable strategic commodities.
- Other duties as assigned.
- Travel domestically and internationally upwards of 30%.
Education & Experience
- Bachelor’s degree in a related field.
- 7 years of experience in sourcing/procurement in manufacturing industries that includes 3 years of experience in indirect commodity management
- Specialized Knowledge: Specific commodity and industry expertise. Negotiating and procurement principles
- Must have strong, demonstrated negotiation experience/skills
- Must have project management experience including root cause analysis, cross-functional mediation and facilitation
- Demonstrated track record of developing and implementing commodity strategies resulting in significant financial and operational benefits for the organization
- Demonstrated track record of cost reduction is required.
Astrix
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