Category Manager - Indirect (Hybrid)

Posted:
10/16/2024, 7:04:16 AM

Location(s):
Acton, Massachusetts, United States ⋅ Massachusetts, United States

Experience Level(s):
Senior

Field(s):
Operations & Logistics

Workplace Type:
Hybrid

Insulet started in 2000 with an idea and a mission to enable our customers to enjoy simplicity, freedom and healthier lives through the use of our Omnipod® product platform. In the last two decades we have improved the lives of hundreds of thousands of patients by using innovative technology that is wearable, waterproof, and lifestyle accommodating.

We are looking for highly motivated, performance driven individuals to be a part of our expanding team. We do this by hiring amazing people guided by shared values who exceed customer expectations. Our continued success depends on it!

Insulet Corporation is an innovative medical device company with the mission of improving the lives of people with diabetes through our revolutionary Omnipod Insulin Management System.

Position Overview: The Category Manager is responsible for the sourcing and supply management of Insulet’s indirect requirements.  In this role, you will be responsible for driving sourcing strategies, procurement activities, and supplier management for   specified category(ies), that could include IT, Professional Services, Human Resources.  This position supports assigned categories and/or programs by creating/updating sourcing strategies, reviewing spend, managing supplier relationships, and leading cross-functional teams that could include members from Supplier Development Engineering, Product Development, Supply Chain, Finance, Legal, IT, HR, or other corporate functions. 

Responsibilities:

  • Be the “Trusted Advisor” for all aspects of the assigned category or categories. Ensure that Insulet teams work toward the agreed upon sourcing strategy for the category.

  • Lead cross functional teams with key stakeholders to develop and implement global sourcing strategies for the assigned category that continuously improves quality, delivery, service, total cost of ownership, cash flow and mitigates risk in the supply chain.

  • Monitor global category market conditions, supplier innovation, technology roadmaps and identify supply/demand challenges & opportunities.

  • Establish strong supplier relationships, and manage the category spend and supplier performance.

  • Act as the primary escalation point and ensure timely resolution of issues and challenges. Collaborate with key business stakeholders and conduct Quarterly Business reviews (QBR’s) to measure and review supplier performance and ensure conformance to quality, delivery, service, cost and risk mitigation goals.

  • Oversee the supplier selection process.

  • Develop and execute negotiation strategies that deliver against business objectives and reduce total cost of ownership. Ensure that all commercial terms are agreed and documented, and that NDA’s, SOW's and Purchase Agreements are executed on a timely basis.

  • Perform contract life-cycle management to include reviewing / renewing expiring contracts, updating pricing and commercial terms.

  • Drive year over year cost reduction and avoidance initiatives through annual negotiations and a pipeline of cost optimization initiatives through design, competitive leverage, and market intelligence, value analysis/value engineering and process improvements.

  • Perform total cost and pricing analysis, and monitor industry trends to achieve lowest total cost of ownership (TCO).

  • Proactively identify and mitigate supply risk to ensure supply chain resiliency and continuity of supply.

  • Perform other duties and lead projects as required and as assigned by management.

Education Requirements:

  • Bachelor's Degree in business, supply chain or engineering related discipline

  • 4 - 7 years relevant experience leading a procurement category in sourcing, negotiating, contracting, supplier management and project management

Experience and Skills:

  • Prior experience in global strategic sourcing and supplier management using strategic category management techniques to achieve results.

  • Success in selecting suppliers and negotiating contracts that deliver robust supply chain solutions.

  • Demonstrated track record of measurable cost savings on an annual basis.

  • Experience in successfully using benchmarking and cost analysis tools to deliver negotiation outcomes.

  • Must possess the ability to influence and lead at the most senior levels within the organization.

  • Ability to prioritize and work in a fast-paced dynamic environment.

  • Proficient with Microsoft Windows and Office applications, particularly Microsoft Excel.

  • Medical device or manufacturing experience highly preferred.

Travel Requirements:

Up to 20% domestic and international travel

NOTE: This position is eligible for hybrid working arrangements (requires on-site work from an Insulet office at least 1x/week; may work remotely other days). #LI-Hybrid  

Additional Information:

The US base salary range for this full-time position is $74,500.00 - $111,850.00. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position in the primary work location in the US. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your Talent Acquisition Specialist can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus, equity, or benefits.

At Insulet Corporation all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.