Sourcing Manager

HIGHRIDGE Inc.; Westminster (CO); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Travel up to 30%

Job summary

Highridge Medical is seeking a Senior Sourcing/Procurement professional to proactively manage supplier-related activities and align with corporate sourcing strategies. You will drive supplier performance, mitigate supply risks, and contribute early in product development.

Required are 5+ years in sourcing/commodity management, a strong eye for detail, and ability to lead cross-functional projects with strategic impact. Travel up to 30% may be involved.

Qualifications

• Minimum 5+ years of sourcing/commodity management experience.
• Relentless attention to detail and accuracy.
• Ability to act as a change agent on supplier initiatives.
• Knowledge of supplier change notification, SOPs, specifications and work instructions.
• Proven ownership of cross-functional projects with broad scope and budget awareness.
• Strong problem-solving using quality/statistical tools and data analysis.

Responsibilities

• Gather data to support sourcing decisions.
• Create and align sourcing strategies with corporate goals.
• Develop supplier performance metrics to drive accountability.
• Own the Quarterly Business Review process.
• Establish/update annual standard costs; analyze monthly PPV.
• Identify cost-reduction opportunities in sourcing and utilization.
• Resolve supplier quality, delivery, and specification issues.
• Support New Product Introduction with sourcing input.
• Develop contingency plans for strategic suppliers.
• Generate spend reports for direct and indirect materials.

Skills

Sourcing strategy

Supplier management

Project leadership

Quality tools

Data analysis

Strong communication

Education

Bachelor's degree in engineering/accounting/business

MBA preferred

Tools

ERP systems

PPV analysis

Job description

Highridge Medical creates the world's most innovative spinal solutions across the spectrum from Motion Preservation to MIS to Bone Healing to Core Spine. Working at Highridge Medical is not just work. Life at Highridge Medical is purpose driven. Every day, you have the privilege of using your talents to demonstrate Confidence in your work and restore Confidence for our patients. Confidence that moves.

The successful candidate will proactively manage direct supplier-related activities, ensure alignment with corporate initiatives and sourcing strategies, and champion initiatives that deliver the lowest total cost of ownership to meet operational goals. You will liaise with internal and external stakeholders including Suppliers, Marketing, Sales, Quality, Operations, Accounts Payable, and Engineering to drive supplier performance and exceptional internal service. Own the review and execution of a business continuity plan to identify, mitigate, and reduce supply risks. Engage early in the product development process to ensure strategic sourcing input from the start.

Principal Duties and Responsibilities:

• Gathering critical data to support sourcing decisions.
• Create and align sourcing strategies with Corporate objectives.
• Develop and maintain supplier performance metrics to drive accountability and improvement.
• Own and deliver the Quarterly Business Review process.
• Establish and update annual standard cost data; analyze and explain monthly Purchase Price Variance (PPV).
• Identify and lead cost reduction initiatives tied to material sourcing and utilization.
• Identify and resolve quality, delivery, specification, and capacity issues with suppliers.
• Actively support New Product Introduction (NPI) projects with sourcing strategies and supplier integration.
• Develop and maintain contingency plans for strategic suppliers and critical commodities.
• Generate and analyze spend reports for both direct and indirect materials to inform sourcing strategy

This is not an exhaustive list of duties or functions and might not necessarily comprise all of the essential functions for purposes of the Americans with Disabilities Act.

Expected Areas of Competence (i.e. knowledge, skills, and abilities)

• Must have had at minimum 5 years' experience in sourcing or commodity management with a strong understanding of Purchasing tools and best practices.
• Relentless attention to detail.
• Ability to act as a change agent.
• Knowledge in control procedures, such as the Supplier Change Notification process, Standard Operating Procedures (SOPs), Engineering Specifications, Inspection Criteria and Work Instructions
• Demonstrated ownership of and ability to lead projects with a broad scope and high level of complexity while prioritizing and completing work in a timely manner and within budget.
• Demonstrates advanced problem-solving skills using quality and statistical tools.
• Demonstrates exceptional written and verbal communication exhibiting a high-level technical expertise, tact and discretion, and keeps management appropriately informed.

Education/Experience Requirements:

• Bachelor's degree in engineering, accounting or other business disciplines (MBA preferred).
• Minimum 5+ years of sourcing, planning, engineering or manufacturing process development experience.
• Experience in Medical Device field preferred, but not required.

Travel Requirements

Up to 30%

About Us

Welcome to the Highridge Medical's Career Page. Highridge Medical is committed to improving spine care by partnering with the surgeon community to drive innovation. The company has a compelling and comprehensive portfolio supported by extensive clinical evidence, including solutions for complex spine, motion preservation, minimally invasive surgery, biologics, and enabling technologies. For additional information, please visit www.highridgemedical.com.