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Strategic Procurement Specialist
vor 2 Monaten
About the Role:
We are seeking a highly skilled Strategic Buyer to join our team at Novanta. As a Strategic Buyer, you will be responsible for developing and executing a supply chain strategy that supports our business growth objectives and minimally invasive surgery (MIS) business expectations.
Key Responsibilities:
- Develop and lead the execution of a MIS supply chain strategy that supports Novanta business growth objectives and MIS business expectations for supplier on-time delivery, inventory reduction, supplier quality, supplier lead times, and material productivity.
- Implement productivity and supplier improvement plans in support of the global category management teams as planned in the MIS annual operating plan for supply chain.
- Establish a network of support resources in the MIS business to facilitate supply chain improvements and leverage supplier capabilities in product design, cost reduction, lead time reduction, and customer satisfaction.
- Support supplier chronic or major performance issues in a timely manner to ensure minimal business disruption.
- Obtain frequent competitive bids, analyze costs, and negotiate/award contracts to nominated key suppliers based on robust and up-to-date commodity strategies and total cost of ownership (TCO) to MIS business and Novanta overall.
- Drive MIS increasing inventory turns by developing, identifying, and supporting the implementation of innovative material replenishment processes, including but not limited to Kanban's, vendor-managed inventory (VMI), and supplier consignment.
- Participate in and support global Kaizen events that will eliminate waste and result in significant benefits throughout the Novanta supply chain.
- Drive continuous improvement in the supply base by communicating objective performance metrics, including supplier scorecards, via a minimum of quarterly business reviews with key suppliers focused on lead time reduction, on-time delivery improvement, quality improvement, cost reduction, service, and compliance.
Requirements:
- Bachelor's degree, preferably in engineering or supply chain discipline.
- 3+ years of strategic sourcing experience.
- Strong ability to communicate and influence.
- Ability to learn new systems, meet objectives, and work independently in a matrix organization.
- Experience at category management, vendors such as site visits, supplier audits, negotiations, contract agreements preferred.
- Ability to drive cost reduction projects to achieve consistent purchase price variance (PPV) and purchase price index (PPI) and overall material spend reductions.
- Excellent interpersonal skills; able to converse well with peers, Novanta leadership, and supplier leadership.
- Excellent demonstrated high-level negotiation skills are paramount to success.
- Proven ability to ensure material availability while reducing inventory and increasing inventory turns.
- Analytical thinker with excellent problem-solving skills and the ability to adapt to changing priorities and deadlines.
- Ability to understand and apply lean manufacturing methods.
- Strong written and verbal communication/presentation skills in English; German is a plus.
Travel Requirements:
- Approximately 20% travel, including international travel.