Sr Director, Global Strategic Sourcing - Devices
This role is a key member of the Global Strategic Sourcing organization. The Senior Director, Global Strategic Sourcing Medical Devices must be an inspiring leader, experienced in building high performance teams, and scalable best-in-class processes to support medical device manufacturing.
The ideal candidate will have extensive experience in electromechanical medical device manufacturing with internal and external manufacturing partners through strategy development, negotiations, commercial relationship management and operations management with specific knowledge of metalwork, plastics, electronics and EMS manufacturing services.
The Senior Director, Global Strategic Sourcing Medical Devices will provide strategic leadership and management of all sourcing activities at Medical Devices business and guidance to CM business at West. This includes high level of complexity in sourcing strategy development, procurement, supplier relationship management, new product development, quality assurance, and supply chain challenges.
Essential Duties and Responsibilities:
1. Accountable for development and consolidation of key sourcing metrics, including sole source reduction, supplier segmentation, CM consolidation, LCC expansion, contract implementation, PPV and deflation.
2. Direct and oversee competitive bid processes including RFPs, RFIs and RFQs for all products, components, finished goods and services to reduce overall costs and improve cash flow through negotiations.
3. Build second source programs and a continuous improvement environment between West and component suppliers through value engineering initiatives, VATF & OPEX initiatives.
4. Demonstrated ability to build strong relationships with internal stakeholders and with suppliers to negotiate and make deals that drive resolution and create value for West.
5. Lead sourcing presentations and annual budgets for executive review. Accountable for annual and quarterly Devices Sourcing review for executive steering committee.
6. Possesses and manages assigned CM spend; research and understand cost drivers of relevant markets and recommend supplier strategies for improving the overall supply chain value proposition.
7. Work closely with Supplier Quality to lead supplier level compliance to quality and regulatory policies related to supplier management, and monitor/ correct supplier issues.
8. Maintain and promote sound relationships with suppliers, utilize sound negotiation and value strong analysis skills to reduce overall costs and increase cash flow.
9. Establish/develop metrics for supplier performance and lead supplier relationship management reviews.
10. Manage NPD & BD programs related to devices Manufacturing to ensure early involvement.
11. Lead supplier specific cost improvement programs yielding at least yearly cost saving targets.
12. Drive project and business objectives in partnership with project team members; quickly identify and mitigate risks in partnering with category and risk management teams.
13. Investigate markets, competitors, emerging trends and evaluate contract Manufactures capabilities and sustainability to produce medical products for West.
14. Lead devices sourcing team globally to drive improvements in supplier risk, spend data base, NPD, make vs. buy, contract management, quality, and innovation; assess team and individual performance.
15. Must be an excellent recruiter and have a track record as a developer of high-performance teams and individuals.
16. Lead other ad hoc analysis and projects as required.