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!
Job Title: Senior Category Manager Direct Materials- Plastics
Department: 8314 – Direct Materials
FLSA Status: Exempt
Position Overview:
The Senior Category Manager develops, leads and executes end-to-end sourcing strategies and procurement processes for the plastics category that deliver value to the business by improving quality, ensuring high delivery and service performance, ensuring capacity, reducing total cost of ownership, mitigating supply risk, aligning with suppliers on product roadmaps and innovative supplier technologies, and driving continuous improvement.
Responsibilities:
- Collaborate with key stakeholders to develop and implement global sourcing strategies for the plastics 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.
- Ensure that suppliers can meet Insulet’s global capacity requirements.
- Establish strong supplier relationships, and manage the plastics 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 material 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.
Education and Experience:
Minimum Requirements:
- Bachelor's degree in business, supply chain or engineering related discipline; Master’s Degree in Business Administration or Engineering preferred.
- 7-10 years’ relevant experience leading a procurement category in sourcing, negotiating, contracting, supplier management and project management
- Prior experience in global strategic sourcing and supplier management of injection molding using strategic category management techniques to achieve results. Strong technical aptitude relating to this category is required.
- Understanding of the relevant molding processes and capabilities, materials, supply base and industry trends.
- Success in selecting suppliers and negotiating contracts that have 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 social intelligence 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
Skills/Competencies:
- Excellent supplier management skills
- Excellent negotiation skills
- Excellent collaboration and interpersonal skills
- Contract development/analysis skills
- Supplier evaluation skills
- Price/cost analysis skills
- Strong communication and presentation skills
- Project management skills
- Good risk management skills
- Trend analysis skills
- Strong strategic/long-range planning skills
- Financial analysis skills
Travel Requirements:
- Willingness to travel approximately 25% of the time
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 $115,900.00 - $174,100.00. 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.