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AliMed · 22 hours ago

Strategic Sourcing Manager

Dedham, MA 02026, USA, 02026

Full-time

Onsite

Senior Level

5+ years exp

AliMed is a leading medical products manufacturer and distributor committed to improving patient outcomes. The Strategic Sourcing Manager will lead sourcing activities, negotiate supplier agreements, and ensure the availability of materials to support product launches while optimizing costs and managing supplier relationships.

Health CareManufacturingMedical

Responsibilities

Responsible for strategic sourcing activities for AliMed and related companies

This will include working with and leading cross-functional teams to identify sources of supply, qualify and obtain materials, components, or finished goods needed to support product launches

Identifies alternative suppliers for key product lines / products

Negotiates advantageous terms, pricing, and delivery for key items as part of the Product Cost Reduction initiatives

Locate, evaluate, negotiate, and select suppliers and potential suppliers to gain the best quality, cost and delivery of purchased material consistent with required standards

Puts programs & world-class standard processes in place to mitigate supply risk and optimize business requirements

Provide commodity and supplier leadership through proactive pursuit of Low Cost Region (LCR) sourcing, formal supply agreements, Vendor owned Management Inventory (VMI), Supplier Rationalization/Optimization, and Supplier Risk Management activities

Prepare and issue RFQ's, or solicit pricing as needed, negotiating price and delivery terms

Must be able to analyze bids and quotations for accuracy/cost reduction opportunities, and able to summarize results to recommend a sourcing strategy/decision

Drafts, Executes, and Manages supply agreements across commodities, suppliers, products, and services

Develops strategic partnerships with preferred suppliers to ensure business objectives are met

Works closely with Quality, Manufacturing, and Product Development to monitor and correct all supplier non-conformance issues; participates in cross-functional teams to identify and resolve problems or improve process and ensure financial recovery where appropriate

Create and maintain mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement, including supplier visits, interviews and QBRs

Responsible for supplier management including performance reporting and corrective action as required

Negotiate cost reduction opportunities available by employing techniques of price/cost analysis, negotiations, strategic sourcing and value engineering vs. buy

Assist in accounting discrepancies and pricing variance reports as directed by the Procurement Manager

Coordinate with suppliers on Engineering Change Orders and properly document purchase orders to maintain accurate record and communicate cost accordingly

Analyzes material cost impact on the business and develops appropriate response

Participates in every aspect of supply chain management to maintain a reliable and cost competitive source of supply

Lead Industrial Engineering function

Qualification

Strategic sourcingSupplier negotiationSupply chain managementCertified Purchasing ManagerERP systemsIndustrial EngineeringCommunication skillsTeam leadershipProblem-solving