Category Manager - Electrical

Direct Materials Category Manager - Electrical, Electronics, and/or Mechanical

Date: Sep 20, 2024

Location: Lakewood, CO, US

Requisition ID:  32774

At Terumo Blood and Cell Technologies, our 7,000+ global associates are proud to come to work each day, knowing that what we do impacts the lives of patients around the world. For Terumo, for Everyone, Everywhere.

We make medical devices and related products that are used to collect, separate, manufacture and process various components of blood and cells. With our innovative technologies and service offerings, we touch a patient’s life every second of every day and are committed to continuing to increase the number of patients we serve. Advancing healthcare with heart.

Utilize your expertise in electrical procurement, sourcing, and purchasing to lead the strategic development and management of a key supply category. You’ll play a pivotal role in continuously enhancing our procurement practices, driving global strategies that ensure top-quality products and services at competitive prices. This is an exciting opportunity to make a significant impact and contribute to our company's success.

ESSENTIAL DUTIES

• Development and execution of long-term category strategies for highly critical and visible direct materials supporting Terumo Blood and Cell Technologies (TBCT) global manufacturing network.
• Prepare RFx, analyze proposals, and lead cross-functional supplier selections based on total value proposition.
• Plan and execute supplier negotiations around pricing, capacity, business & legal terms.
• Cultivate expert-level knowledge of category trends including cost drivers, global pricing, supply and demand material lead times, technical/manufacturing processes, supplier market dynamics, and category specific market intelligence.
• Drive alternate sourcing, supplier consolidation and localization to maximize pricing leverage and cycle time improvements.
• Drive and manage enhanced margin through improved material cost savings.
• Drive category performance improvement to stated goals: Lead time improvements, Minimum Order Quantity improvements, Localization or Vendor Managed Inventory opportunities, Payment Terms, Incoming Quality, decrease inventory levels, increase inventory turns, and continuous supplies.
• Prepare Business Cases, including ROI models, should-cost modeling/analysis, and effectively present Cost Savings proposals to appropriate parties for approval and qualification.
• Negotiate business T & C's relating to payment terms, delivery terms, inventory strategies (VMI, safety stocks and inventory liability), lead times, price reduction and other strategic issues with key suppliers.
• Lead in the development and execution of global or regional negotiation strategies with suppliers, including specific targets for pricing, service, quality, and inventory.
• Accountable for working closely with customer facing teams, operation teams, and R&D / Quality Engineering teams to ensure that the supplier strategy is in line with product and customer needs.

MINIMUM QUALIFICATION REQUIREMENTS

Education

• Bachelor’s degree in business, supply chain or operations field.
• Master of Engineering or MBA degree is preferred.

Experience

• Minimum 5 years’ experience in similar role or related experience at a global manufacturing company.
• Preferred – experience with electrical, electronics, and/or mechanical categories.
• Experience in managing and optimizing supply chain in high-mix and low-volume manufacturing environments.
• Experience with ERP (SAP preferred) and Power BI.

Skills

• Supplier relationship management and contract negotiations.
• Executive-level communication and stakeholder management in a global company.
• Excellent verbal and written communication, analytical, leadership, problem-solving and organizational skills.
• Demonstrated ability to consistently work through multiple issues by capitalizing on available resources and prioritizing accordingly.
• Demonstrated use of comprehensive analytical skills to determine alternatives and present recommendations.
• Demonstrated ability to manage multiple projects simultaneously and ability to thrive in a continuous improvement environment.
• Microsoft Office Skills – at least intermediate skill level for Excel (advanced formulas, conditional formatting, pivot tables, charts & Graphs, and data analysis), PowerPoint (create charts/graphs using Excel data, converting text into SmartArt..etc.), and MS Outlook.

-Or-

An equivalent competency level acquired through a variation of these qualifications may be considered.

Certificates, Licenses, Registrations

Preferred - Certified Professional in Supply Management (CPSM), Certified Supply Chain Professional (CSCP), or other relevant sourcing/procurement certification.

LOCATION

Lakewood, Colorado - Open to candidates willing to relocate to the area.

PHYSICAL REQUIREMENTS

• Typical Office Environment requirements including reading, speaking, hearing, close vision, walking, bending, sitting, and occasional lifting up to 20 pounds.
• The physical demands described here are representative of those that must be met by an associate to successfully perform the essential duties of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform their essential duties.

Target Pay Range: $128,500.00 to $160,600.00 - Salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data

Target Bonus on Base: 10.0%

At Terumo Blood and Cell Technologies, we provide competitive total reward offerings that consist of compensation, benefits, recognition, along with a wealth of other well-being, work-life and recognition programs which support in unlocking the potential for you and your family.

We are proud to be an Equal Opportunity Affirmative Action Employer. All applicants will be afforded equal opportunity without discrimination because of race, color, religion, sex, gender identity or expression, sexual orientation, marital status, order of protection status, national origin or ancestry, citizenship status, age, physical or mental disability unrelated to ability, military status or an unfavorable discharge from military service.

Terumo Blood and Cell Technologies is committed to providing a safe, healthy and secure working environment. Our Colorado campus locations are tobacco-free workplaces, and we maintain a drug-free workplace and perform pre-employment substance abuse testing and detailed background verification.