Senior Category Manager, Direct Procurement

Insulet Corporation•Acton, MA

About The Position

The Senior Category Manager develops, leads, and executes end-to-end sourcing strategies and procurement processes for the Injection Molding Plastics Category that deliver value to the business by improving quality, ensuring on time delivery and service performance, ensuring capacity, reducing total cost of ownership, mitigating supply risk, aligning with suppliers on product roadmaps and innovative supplier technologies, and driving continuous improvement.

Requirements

Bachelor’s degree in business, supply chain, or engineering related discipline; Master’s Degree in Business Administration or Engineering preferred.
10+ years’ relevant experience leading a technical category in sourcing, negotiating, contracting, supplier management, and project management.
Prior experience in global strategic sourcing and supplier management of plastics and/or injection molding, using strategic category management techniques to achieve results.
Strong technical aptitude relating to these categories is required.
Understanding of the relevant processes for injection molding and capabilities, materials, supply base, and industry trends.
Success in selecting suppliers and negotiating contracts that deliver robust supply chain solutions.
Demonstrated success in scaling supply chains and managing supplier performance.
Demonstrated track record of measurable cost savings on an annual basis.
Experience in successfully using benchmarking and cost analysis tools to deliver negotiation outcomes.
Must possess the social intelligence to influence and lead at the most senior levels within the organization.
Ability to prioritize and work in a fast-paced dynamic environment.
Proficient with Microsoft Windows and Office applications, particularly Microsoft Excel.

Nice To Haves

Medical device or manufacturing experience highly preferred.

Responsibilities

Collaborate with key stakeholders to develop and implement global sourcing strategies for the plastics category that continuously improves quality, delivery, service, total cost of ownership, cash flow, and mitigates risk in the supply chain.
Monitor global category market conditions, supplier innovation, technology roadmaps, and identify supply/demand challenges & opportunities specific to injection molding plastics.
Identify and manage supply risks, ensuring continuity and scalability, ensuring that suppliers can meet Insulet’s global capacity requirements for inject6ion molding and plastics.
Establish strong supplier relationships, and manage the plastics category spend and supplier performance.
Act as the primary escalation point and ensure timely resolution of issues and challenges.
Collaborate with key business stakeholders and conduct Quarterly Business Reviews (QBRs) to measure and review supplier performance and ensure conformance to quality, delivery, service, cost, and risk mitigation goals.
Oversee the supplier selection process.
Develop and execute negotiation strategies that deliver against business objectives and reduce total cost of ownership.
Ensure that all commercial terms are agreed and documented, and that NDAs, SOWs, and Purchase Agreements are executed on a timely basis.
Perform contract life-cycle management to include reviewing/renewing expiring contracts, updating pricing and commercial terms.
Drive year-over-year cost reduction and avoidance initiatives through annual negotiations and a pipeline of material cost optimization initiatives through design, competitive leverage, market intelligence, value analysis/value engineering, and process improvements.
Perform total cost and pricing analysis and monitor industry trends to achieve lowest total cost of ownership (TCO).
Proactively identify and mitigate supply risk to ensure supply chain resiliency and continuity of supply.
Perform other duties and lead projects as required.
Proactively identify and mitigate supply risk to ensure supply chain resiliency and continuity of supply.
Serve as the Trusted Advisor for Insulet’s Plastics team in regards to suppliers, technologies, and strategies.
Perform other duties and lead projects as required.