Director, Sourcing – Endoscopy, Endo BU

Position Summary:

The Director Sourcing will lead sourcing areas supplier performance initiatives and manage a team of sourcing professionals supporting the Endoscopy Divisions Endo Business Unit in San Jose CA. This role requires both strategic thinking and tactical execution in a highly matrixed global environment. Responsible for achieving cost reductions and year-over-year productivity improvements in the total cost of goods and services provided while maintaining or improving product quality and vendor service levels. Liaises with key stakeholders in member organizations and in corporate functions to develop effective cost reduction strategies and implementation plans. The successful candidate will partner and coordinate with stakeholders (Divisional Procurement Supplier Quality Advanced Operations R&D Materials Management Operations Senior Leadership Legal Compliance and others) to drive supplier capabilities support New Product Development (NPD) and sustaining programs and deliver business results through supplier alignment cost management and performance optimization. Obtains the best quality service and value for products and services through effective bidding negotiation and supplier management. Additionally this role will manage the on-site team for Sourcing in the San Jose CA Endo BU. Develop succession plan and onboard the talent needed to build a strong organization.

Who we want-

• Dedicated achievers. People who thrive in a fast-paced environment and will stop at nothing to ensure a project is complete and meets regulations and expectations.
• Self-directed initiators.People who take ownership of their work and need no prompting to drive productivity change and outcomes.
• Effective communicators. People who can interpret information clearly and accurately to concisely communicate results and recommendations to stakeholders senior management and their teams

Essential Duties & Responsibilities:

Obtain the best Quality Service and Value for products and services through effective bidding negotiation and supplier management. Responsibility for leading cross functional efforts to develop and implement Global Category Plans that include cost reductions initiatives new product development supply base and optimization and rationalization quality improvement risk assessment contract negotiation and may include responsibility for cross-divisional group wide and/or global strategies and initiatives. Resident expert in strategic sourcing and procurement practices and serves as a mentor to others. Engagement at all levels within the organization to drive change engagement and ensure the actions and decisions are aligned to the broader category strategy. Where not aligned they will engage the right cross-functional teams to generate a communications plan to influence decision-making.

• Lead the development and implementation of strategies and goals in support of overall divisional business objectives for Sourcing in the San Jose CA Endo BU
• Establish and maintain contractual and business relationships with the senior management of key suppliers.
• Lead critical program initiatives
• Formulate and implement processes to build a best in class strategic sourcing organization
• Lead sourcing analysis and selection process and performs cost analyses and make vs buy analyses as required
• Advise others on selection/cost analysis
• Align on strategic investments for new technologies or capabilities externally at suppliers and internally with R&D or Business Development Teams.
• Negotiate establish monitor and enforce supplier contracts and agreements
• Drive negotiation with large scale high impact suppliers
• Develop strong partnership relationships with key suppliers as well as other disciplines within the businesses
• Mobilize teams to deploy risk mitigation strategies including dual sourcing IP acquisition market assessments suppliers financial assessments social responsibility environment ethics etc.
• Partner with finance to drive raw material pricing strategies and react to changing market conditions. Obtain and communicate market condition information and technology trends related to commodities and suppliers
• Utilize market trends to identify and implement appropriate cost controls and business strategy changes
• Ensure cost standards are established for annual operating budgets
• Organize and lead scorecard review meetings and executive business reviews

Qualifications & Experience:

• Minimum of 10 years of / Sourcing / Procurement Supply chain experience preferably in medical devices or other highly regulated environments
• Strategic thinker understands the details but can operate at a higher level
• Strong leadership & interpersonal skills with the ability to engage & influence senior stakeholders
• Strong people leading and talent management skills
• Experience with world-class strategic sourcing & category management practices
• Strong negotiations skills negotiating and implementing commercial contracts to include: supply and quality agreements (QAA).
• Strong written & verbal communication skills across all levels
• Ability to multi-task and coordinate initiatives with a virtual global/regional team
• Persuasive change agent capable of challenging conventional wisdom
• Track record of success in capturing value and driving spend to preferred suppliers.
• Demonstrated ability to manage and improve vendor performance
• Hands-on mentality
• Ability to align with peers / stakeholders and build and maintain strong networks
• Must be willing to work in a results based fast-paced environment with minimal supervision
• Travel: 30-40%