Sr. Mgr Strategic Sourcing - Packaging, Outside Services & MvB
Company: Integer Holdings
Location: Plano
Posted on: May 3, 2024
Job Description:
By living according to a common set of values, we create a
culture that unifies, embraces the uniqueness we all bring to the
company, and positions Integer for long-term success.At Integer,
our values are embedded in everything we do.Customer We focus on
our customers' successInnovation We create better
solutionsCollaboration We create success togetherInclusion We
always interact with others respectfullyCandor We are open and
honest with one anotherIntegrity We do the right things and do
things rightJob Summary:The Sr. Manager, Global Strategic Sourcing
is responsible for developing and executing global and regional
sourcing strategies that support Integer's overall business
objectives with the goal of achieving significant reductions in
total cost of ownership (TCO) while reducing or mitigating supplier
risk. Delivers year-over-year cost reductions while maintaining or
improving supplier service levels and reliability. Responsible for
collaborating with internal stakeholders and aligning on optimal
sourcing strategies to develop and implement one common strategy
for Packaging and Outside Services Categories. The Sr. Manager,
Strategic Sourcing is also responsible for leading Integer's Make
vs. Buy (MvB) strategy development, project prioritization,
evaluation, and approval. The role ensures Integer leverages its'
internal capabilities and external supply base to build Integer's
competitive position through meeting cost optimization, quality,
and service/delivery targets at the lowest level of risk. The
position reports to the VP, Global Strategic
Sourcing.Accountabilities & Responsibilities:
- Adheres to Integer's Values and all safety, environmental,
security and quality requirements including, but not limited to:
Quality Management Systems (QMS), Safety, Environmental and
Security Management Systems, U.S. Food and Drug Administration
(FDA) regulations, company policies and operating procedures, and
other regulatory requirements.
- Lead a team of sourcing professionals in the development and
execution of global and regional sourcing strategies that result in
improvement in cost, free cash flow, quality, delivery and overall
supplier value.
- Lead the overall direction and day to day operations of the
Packaging and Outside Services Category Sourcing Team, including
understanding of supplier markets, supplier selection, sourcing
process management, and inflation risk mitigation.
- Conduct comprehensive spend analysis to identify cost reduction
opportunities across the metals and electronics categories.
- Gather market intelligence and analyze trends for the Category
and Sub-Category (raw material cost fluctuations,
inflation/deflation impact, geopolitical risks).
- Lead cost reduction initiatives through negotiations,
insourcing/outsourcing, process improvements, and Low-Cost Country
potential.
- Own annual part cost/budget process and ensure that plan
performance metrics are met for all levels of sourcing activities
including deflation project execution, free cash flow, supplier on
time delivery and risk mitigation. Track performance and drive
improvements/recovery actions where required.
- Build a strategic supplier base that enables Integer to
maintain ongoing competitive advantage in the marketplace.
- Manage strategic relationships with key suppliers in line with
the Category Strategy.
- Drive continuous value improvement for all aspects of quality,
service, and cost with the Category Supply Base. Manage supplier
performance, initiate improvement programs as required.
- Lead supplier contract negotiations and provide coaching to
his/her team to effectively negotiate with suppliers. Negotiate
value improvements and manage optimal supplier contracts.
- Proactively identify risks within the Category and work closely
with stakeholders to develop and execute mitigation plans.
- Interact with Site Operational Supply Chain Teams and provide
escalation support for resolving high risk supplier performance
issues.
- Drive upfront supply continuity risk assessment and mitigation
as part of supplier selection for NPI programs.
- Ensure supplier selection for NPI programs that provide lowest
total cost, required quality and delivery levels with minimum level
of risk in line with Integer's commodity strategies.
- Promote early supplier involvement in NPI programs to achieve
development performance goals, support project timelines, and meet
target material costs.
- Establish relationship with R&D and Program Management
stakeholders related to the Category and facilitate the
identification and evaluation of new supplier technology and
advancement in materials, processes, equipment that will reduce
total cost and help build competitive advantage for Integer.
- Drive a vertical integration strategy development and execution
to reduce cost and supply continuity risks.
- Manage a team of Sr. Project Managers and oversee the overall
Make vs. Buy process including pipeline development, initial
project vetting, business case development and stakeholder
approval.
- Develop and standardize a process for idea generation,
evaluation, vetting and approval of potential Make vs Buy
opportunities.
- Coordinate internal cross-functional team activities on
assigned projects to meet the material savings, schedule, and
technical performance expectations.
- Review MvB project status for monthly forecast updates.
Escalate with internal stakeholders if projects are at risk of
falling behind committed timing schedules.
- Establish clear and well-defined accountabilities within the
team and with business partners.
- Drive compliance to sourcing policies and processes.
- Coach, mentor, and develop talent. Build a diverse, high
performing Commodity Management Team.
- Create a results-focused culture and sense of urgency.
- Support and promote Integer's supplier diversity program and
ensure inclusion in buying the process.
- Perform other duties as required.Education & Experience:
- Minimum Education: BS/BA degree in engineering, supply chain
management or equivalent is required. MBA or advanced degree
preferred.
- Professional Certification: CPSM, Six Sigma, Project Mgmt.
certification preferred.
- Minimum Experience: At least 10 years of sourcing/supply chain
management experience, with progressively increasing
responsibility, in a global, multi-location manufacturing-based
business, preferably medical device or automotive industries. At
least 5 years in a team leadership role.Knowledge & Skills:
- Strong financial acumen especially as related to sourcing and
supply chain.
- Proficiency in procurement software, SharePoint, MS Office
suite.
- Demonstrated strong leadership, team building, and people
development experience.
- Proven track record of spend management with global, complex
organization.
- Strong commodity management experience and knowledge of
manufacturing of packaging, outside services (preferably coating,
annealing, electropolishing, anodizing, machining, stamping,
grinding, sterilization, etc.) categories.
- Strong track record of developing and implementing commodity
strategies resulting in significant financial and operational
benefits for the organization.
- Experience in strategic sourcing approaches including value
chain analysis, developing cost models, joint process improvements,
VA/VE, partnership development.
- Demonstrated ability to effectively interface with suppliers,
manage performance, and build effective relationships.
- Excellent negotiation skills, direct experience in complex
supplier contract negotiations.
- Must have project management experience including root cause
analysis, cross-functional mediation and facilitation.
- Ability to effectively interface with cross-functional
stakeholders.
- Ability to operate both at strategic and tactical level.
- Strong influencing skills, a strong sense of accountability,
results oriented, can-do attitude.
- Ability to effectively manage a geographically dispersed
team.
- Ability to manage multiple priorities and tasks
simultaneously.
- Strong problem solving and project management skills.
- Inquisitive, detail-oriented with strong quantitative
analytical skills.
- Strong written and verbal communications skills are
required.
- Proactive, demonstrated ability to meet aggressive deadlines
and maintain strong internal customer focus required.U.S.
Applicants: EOE/AA Disability/Veteran
Keywords: Integer Holdings, Allen , Sr. Mgr Strategic Sourcing - Packaging, Outside Services & MvB, Other , Plano, Texas
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