Manager, Strategic Sourcing

Role Overview

• Manage portfolio of Top 25 strategic National Brand suppliers for Cardinal’s Presource Kitting Business.
• Accountable for ~$200M+ of global expenditure.
• Develops 5% YOY Cost-Out Pipeline via Optimization/Integration with Broader Commercial Partners (Marketing, NB Distribution, Lab, etc.).
• Drive annual cost savings/supplier funding through effective strategies and negotiations. Cost savings should meet each year’s business financial needs.
• Leverages Strong Financial Aptitude to Identify Profitability Improvement Opportunities, Drafts & Aligns Reco with Broader Team (Cost Savings, Cashflow, Inbound Freight Optimization, Resiliency).
• Partners with Regulatory Team to Implement Proactive, Repeatable Process for Gathering Supplier Data to Mitigate Operations & Customer Impacts.
• Leverages automation as needed to work with speed & ensure compliance.
• Develop strategy to manage National Brand Presource Tail Spend.
• Partners with NB Distribution/Lab Team to Develop Broader Commercial Strategies to Maximize Value through united messaging, goal alignment & Supplier KPI’s/Penalties.
• Development and execution of global medical supply strategies to achieve best total value, sustainable productivity and high levels of quality and service aligned with business objectives.
• Proactive leadership and management with cross-functional partners to effectively select suppliers, negotiate favorable contracts and manage supplier performance and relationships.
• Understand supplier portfolio risk profile and develop supply resiliency & risk mitigation actions and plans.
• Develop effective short and long-term category strategies to include supply chain continuity, risk management, optimizing supplier network and attaining best cost.
• Collaborate with and influence business partners in a highly matrixed environment to optimize key supplier performance and innovation.
• Influence business decisions to enter/exit product lines, drive/buy decisions and implement supply in optimizations.
• Facilitates Supplier Relationship Management through development and tracking of Key Performance Indicators for the category; establishes collaborative environment with key suppliers and business partners to optimize supplier performance and innovation.
• Perform data analysis and utilize financial acumen to identify opportunities to leverage scale and drive cost savings.

Requirements

• Bachelor’s degree or equivalent experience in related field, preferred
• 7-10 years relevant procurement, manufacturing, and/or engineering experience, preferred
• Experience in medical product sourcing preferred.
• Strong project and process management to execute category supply strategy with cross functional teams, preferred
• Expertise contract requirements to negotiate critical terms and conditions in line with category strategy, preferred
• Familiarity with manufacturing, quality, and supply chain processes to support supplier selection and performance management, preferred
• Strong interpersonal, verbal, and written communication skills; able to communicate effectively and interact with personnel at various levels of expertise in a global landscape.
• Results-oriented, strategic thinker, able to work in team environments.
• Comfortable executing business analysis.
• Independently develop, socialize, and execute complex projects. Projects are to be executed with sound reasoning and accuracy.
• Lean Six Sigma (LSS) or related experience preferred.

Benefits

• Medical, dental and vision coverage
• Paid time off plan
• Health savings account (HSA)
• 401k savings plan
• Access to wages before pay day with myFlexPay
• Flexible spending accounts (FSAs)
• Short
• and long-term disability coverage
• Work-Life resources
• Paid parental leave
• Healthy lifestyle programs