Sr. Sourcing Manager, New Product Introduction
Job Location:
San Francisco, CA - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
About Pendulum
Pendulum is leading a revolution that is occurring around the world to improve physical and mental health by first understanding then restoring and enhancing the human microbiome.
Studies have shown that our microbiome (the bacterial communities in and on our bodies) is linked to everything from metabolism and diabetes to longevity weight loss healthy immune systems cancer prevention feelings of well-being inflammatory bowel disease and even healthy skin. We have just scratched the surface on understanding the impact that our microbiome has on our lives. During early life we develop a diverse and balanced microbiome that plays a critical role in shaping our long-term health. Over our lives a combination of diet lifestyle antibiotics and aging can decrease the effectiveness of our microbiome.
Pendulum recognized the enormous impact they could have on peoples lives if they were able to address the imbalances in the microbiome. To accomplish this Pendulum created proprietary probiotic pipelines and a unique discovery platform to identify key novel bacterial strains and the prebiotics that feed them. The company has also built and developed the worlds first manufacturing technology to produce bacteria in an anaerobic (oxygen-free) environment at scale.
The medical probiotics that Pendulum has formulated have transformed the consumer probiotics market into a new category of therapeutic offerings that deliver the power and efficacy of a pharmaceutical with the safety and accessibility of a natural probiotic. Due to Pendulums explosive revenue and customer growth over the last two years the company earned a spot on Forbes Magazines exclusive The Next Billion Dollar Startups list.
If youre interested in improving the lives of people globally and you love working in a cross-functional collaborative inspiring environment please continue reading.
We are looking for a Sr. Sourcing Manager New Product Introduction to own the sourcing workstreams that enable Pendulums innovation pipeline from concept through commercial launch.
This person will be the primary sourcing partner to Product which owns the overall product launch timeline. The Sr. Sourcing Manager will establish the sourcing roadmap own raw material strategy and drive supplier and raw material readiness. The right candidate brings strategic sourcing expertise strong project-management skills and the ability to create structure in ambiguous situations.
- Own the sourcing workstream for new products from concept through commercialization.
- Translate product concepts and technical requirements into executable sourcing strategies.
- Own raw material strategy across probiotics active ingredients excipients flavors and other emerging categories.
- Partner with Product to establish achievable sourcing milestones and proactively resolve risks that threaten committed launch dates.
- Keep stakeholders and leadership informed of sourcing progress risks tradeoffs and decisions
- Own sourcing strategies and commercial relationships across Pendulums raw material portfolio.
- Build supplier networks that support innovation commercial supply cost competitiveness and continuity.
- Lead supplier identification selection qualification commercial readiness and material availability for new products.
- Lead supplier negotiations involving pricing contracts payment terms capacity forecasts and long-term agreements.
- Develop second sources and new supplier relationships that improve capability resilience or speed.
- Establish supplier expectations and lead performance reviews focused on quality delivery responsiveness innovation cost and continuous improvement.
- Serve as the sourcing subject-matter expert throughout product commercialization.
- Partner closely with Product Quality Regulatory Supply Planning Packaging Contract Manufacturing Manufacturing and Finance.
- Build tools and processes that improve launch predictability supplier visibility and sourcing execution.
- Lead strategic sourcing initiatives outside established category ownership as business priorities evolve.
- Bachelors degree in Supply Chain Engineering Business Operations or a related field or equivalent experience.
- 8 years experience in strategic sourcing supplier management raw materials new product introduction or supply chain within a manufacturing environment.
- Experience sourcing complex materials within nutraceuticals food and beverage pharmaceuticals biotechnology medical devices cosmetics or another regulated industry.
- Experience partnering with cross-functional teams to commercialize new products by developing effective sourcing strategies.
- Demonstrated experience leading supplier negotiations including the ability to assess cost drivers evaluate supplier pricing and identify negotiation opportunities.
- Strong analytical skills including spend analysis should-cost modeling pricing analysis and financial evaluation.
- Advanced proficiency with Netsuite ERP as well as Google Sheets and/or Microsoft Excel.
- Strong project-management skills without needing to be the overall program manager.
- Ability to bring structure priorities and clear action plans to ambiguous challenges.
- Strong commercial judgment and supplier-development capability.
- Clear proactive communication with technical commercial and executive stakeholders.
- Ability to independently drive multiple sourcing workstreams to completion.
- Curiosity and flexibility to take on new categories and emerging business challenges.
- The Product team has a trusted sourcing partner who independently drives NPI sourcing activities.
- Sourcing milestones risks and supplier readiness are clearly defined and actively managed.
- Fewer launch issues result from materials suppliers commercial terms or sourcing execution.
- Pendulum has stronger raw material strategies and a more resilient supplier network.
- New sourcing challenges are addressed quickly without gaps in ownership.
- Hybrid role based in San Francisco CA with an expectation of working in the office 23 days per week.
- Occasional travel (approximately 1020%) to supplier and manufacturing sites.
- $162900 - $181000
- Medical Dental and Vision
- Commuter Benefits
- Life & STD Insurance
- Company match on 401 (k)
- Flexible Time Off (FTO)
- Equity
Required Experience:
Manager
About Company
Improve glucose control, metabolic health, gut function, and support a healthy weight. The only brand with live Akkermansia. Pendulum Metabolic Daily | Optimizes metabolism Pendulum Akkermansia | For gut health Pendulum Glucose Control | For A1C management Pendulum Butyricum | For occ ... View more
