Sr Manager, Strategic Sourcing - Irvine, United States - Masimo
Description
Job Summary
Responsible for developing, implementing, and maintaining a commodity strategy that supports and enhances the company's material objectives including optimizing cost, quality, and continuity of supply (COS) for all relevant commodities.
Develops a clear understanding of the business and technical aspects of the internal Supply Chain procurement/processing/master scheduling functions to organize, develop and manage lean material flow to successfully and efficiently deliver materials to production.
Provides key leadership involving strategy creation, improvement of core processes, and managing projects.Duties & Responsibilities
Lead global strategic commodity management for assigned categories to deliver key performance indicators, including savings, supplier rationalization, low-cost region sourcing, risk management, spend under agreement, supplier performance, etc.
Plan, develop and implement tailored development plans for strategic supplier and potential suppliers.
Responsible for supporting and improving vendor management processes and for working closely with contract manufacturers.
Lead recovery plans and execution when global supply falls short of demand.
Engage and support site procurement teams and other key stakeholders to qualify preferred suppliers and migrate spend from incumbent, non-preferred suppliers.
Conduct supplier business reviews with preferred suppliers to ensure both parties meet obligations under the terms of agreement, including performance standards and continuous improvement goals.
Drive and lead continuous improvements and efficiencies within the supply chain and ensure full support throughout the service phase of the product lifecycle.
Collaborate with buyer/planners to efficiently deliver products to our customers, overseeing and managing all related projects to ensure its success.
May oversee direct reports and assigned team members, providing leadership, guidance, and training as needed.
Perform other duties and projects as assigned.
Minimum & Preferred Qualifications and Experience
Minimum Qualifications
Minimum 12 years of experience in Strategic Procurement and Commodity Management with proven experience in developing and executing Category Strategies and Vendor Management process for spend up to $60 million.
Purchasing/ERP/Agile experience and demonstrated results in materials shortage management and inventory control.
Results-oriented, metrics-driven leader with a root cause, permanent and continuous improvement approach.
Demonstrated team player committed to working in a quality environment.
Superior analytical and computer skills with experience utilizing analytical tools (MS Access and SQL Server preferred) and databases and an in-depth understanding of manufacturing (MPS/MRP).
Demonstrated discretionary professional development in Procurement and Category Management; CSCP, CPSM, CIPS.
Ability to build and maintain relationships with internal customers based on trust and shine under pressure while dealing with changing priorities and timeline.
Familiar working in a fast-paced, dynamic work environment
Must be a self-starter; quick learner; ability to complete multiple tasks
Ability to work on-site in Irvine, CA - Monday to Friday (relocation is available for qualified candidates)
Travel Requirements - up to 25%
Preferred Qualifications
Mandarin Chinese language skills are highly desired.
Spanish language skills preferred.
Proven cost reduction track record and project management skills preferred.
Five years of related management experience is preferred.
Education:
BS or BA degree in Engineering or Business; MBA preferred.
Compensation :
The anticipated range for this position is $125,000 to $185,000.
Actual placement within the range is dependent on multiple factors, including but not limited to skills, education, and experience.
Physical Requirements/Work Environment
This position primarily works in an office environment. It requires frequent sitting, standing, and walking.
Daily use of a computer and other computing and digital devices is required.
May stand for extended periods when facilitating meetings or walking in the facilities.
Some local travel is necessary, so the ability to operate a motor vehicle and maintain a valid Driver's license is required.
The physical demands of the position described herein are essential functions of the job and employees must be able to successfully perform these tasks for extended periods.
Reasonable accommodation may be made for those individuals with real or perceived disabilities to perform the essential functions of the job described.