Director, Procurement

iRhythm Technologies, Inc.; California; On-site; USD 158,000 - 252,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) with company match

Employee Stock Purchase Plan

Paid parental leave

Job summary

iRhythm Technologies, Inc. is seeking an experienced Director of Procurement to scale the function for rapid business growth and to apply best practices in category management and strategic sourcing.

You will drive cross-functional collaboration with finance, IT and manufacturing to optimize P2P processes and ROI. The role includes risk management, supplier relationship development, and leading a high-performing procurement team to meet manufacturing and corporate goals, with a focus on ISO

Qualifications

• Bachelor’s degree required.
• 10+ years in procurement operations and strategic sourcing.
• Experience in Medical Device, Pharma or Biotech sectors; ISO 13485 and FDA knowledge.
• Experience developing category strategies for indirect procurement areas (IT, capex, marketing, facilities, services).
• Experience contributing to automation or process improvements in P2P.

Responsibilities

• Lead and scale the procurement function (Direct and Indirect) to support business growth while maximizing profitability.
• Implement best practices for category management to drive cross-company savings and improvements.
• Partner with Finance, IT and Manufacturing to improve P2P processes and ROI.
• Develop risk management strategies to mitigate supply disruptions and ensure quality/compliance.
• Oversee indirect purchasing team to ensure excellent service to internal users.

Skills

Procurement leadership

Strategic sourcing

Category management

P2P optimization

Supplier management

Education

Bachelor’s Degree

Tools

ISO 13485

FDA regulations

Job description

Career-defining. Life-changing.

At iRhythm, you’ll have the opportunity to grow your skills and your career while impacting the lives of people around the world. iRhythm is shaping a future where everyone, everywhere can access the best possible cardiac health solutions. Every day, we collaborate, create, and constantly reimagine what’s possible. We think big and move fast, driven by our commitment to put patients first and improve lives. We need builders like you. Curious and innovative problem solvers looking for the chance to meaningfully shape the future of cardiac health, our company, and your career

About This Role

iRhythm is currently seeking an experienced Director, Procurement. Our work environment is fast-paced, with a collaborative atmosphere. Most of all, we are passionate about delivering innovations that improve the quality of health care and the patient experience. In this role, you will scale the function to support the growth of the business and to bring best practices to the management of $100M in annual Direct & Indirect purchases. We are looking for like-minded individuals to join our team today!

Specific job responsibilities include:

• Lead and scale the procurement function (Direct and Indirect) to support the rapid growth of the business, in a manner that maximizes contribution to the achievement of business objectives, profitability and return on investment.
• Implement best practices from standard category management, and innovative approaches, to identify and execute opportunities to drive cross-company savings and operational improvements in category management.
• Work as a strategic business partner to develop and prioritize procurement change programs and projects to enable delivery of short- and long-term objectives.
• Work with other functional leaders across finance, IT and manufacturing to drive short- and long-term improvements in the P2P process, including automation, selective outsourcing and/or leveraging strategic alliances to maximize ROI.
• Develop risk management strategies to mitigate supply chain disruptions, ensuring quality and regulatory compliance.
• Oversee the indirect purchasing team to ensure superior customer service offered to internal users on purchasing requests.
• Develop standard inventory planning model, achieve and maintain inventory targets.
• Lead, mentor, and develop a high performing Procurement team to support manufacturing and corporate goals.
• Develop relationship with key suppliers and manage supplier performances.

About you

• Action orientation, ability to thrive in a fast paced, rapidly changing, collaborative environment.
• Bachelor’s Degree and minimum 10 years of experience in procurement operations and strategic sourcing
• Medical Device, Pharma, or Biotech experience (7+ years); thorough understanding of ISO 13485 and FDA regulations.
• Prior experience in developing and implementing category strategies and sourcing efforts for indirect procurement areas such as IT, capex, marketing, facilities, and services required.
• Prior experience in contributing to automation and / or process improvement in the P2P process of a rapidly growing company preferred.
• Effective communicator with ability to influence at all levels.
• Strong analytical skills, and the ability to drive effective analysis and process steps toward transformations and or landing key projects.
• Comprehensive knowledge on contract commercial terms and ability to lead supply agreement negotiations independently.
• Ability to operate in a fast-paced environment and juggle shifting priorities and tight timelines.

What’s in it for you

This is a regular full-time position with competitive compensation package, excellent benefits including medical, dental, and vision insurances (all of which start on your first day), health savings account employer contributions (when enrolled in high deductible medical plan), cafeteria plan pre-taxed benefits (FSA, dependent care FSA, commute reimbursement accounts), travel reimbursement for medical care, noncontributory basic life insurance & short/ long term disability. Additionally, we offer:

• emotional health support for you and your loved ones
• legal / financial / identity theft/ pet and child referral assistance
• paid parental leave, paid holidays, travel assistance for personal trips and PTO!

iRhythm also provides additional benefits including 401(k) (with company match), an Employee Stock Purchase Plan, pet insurance discount, unlimited amount of LinkedIn Learning classes and so much more!

FLSA Status

Exempt

Location

Orange County

Estimated Pay Range

$158,000 - $252,000

As a part of our core values, we ensure a diverse and inclusive workforce. We welcome and celebrate people of all backgrounds, experiences, skills, and perspectives. iRhythm Technologies, Inc. is an Equal Opportunity Employer. We will consider for employment all qualified applicants with arrest and conviction records in accordance with all applicable laws.

iRhythm provides reasonable accommodations for qualified individuals with disabilities in job application procedures, including those who may have any difficulty using our online system. If you need such an accommodation, you may contact us at [e-mail].

About iRhythm Technologies

iRhythm is a leading digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all.

Make iRhythm your path forward. Zio, the heart monitor that changed the game.