Category Specialist - Electronics

About the role

At Terumo Blood and Cell Technologies, you’ll join a dynamic team of professionals dedicated to advancing healthcare through innovative medical devices and related products. Our global associates work together to impact the lives of patients worldwide, ensuring that our contributions to healthcare are impactful and meaningful.

Responsibilities

• Drive and manage supplier performance for on-time delivery, supply stability, cost management, and cost increase mitigation.
• Pursue category performance improvement to stated goals: lead time improvements, minimum order quantity improvements, localization or vendor managed inventory opportunities, payment terms, incoming quality, optimized inventory levels, and increased inventory turns.
• Identify and execute alternate sourcing, supplier consolidation, and localization to maximize pricing leverage and cycle time improvements.
• Drive and manage enhanced margin through improved material cost savings.
• Monitor current category market conditions, technology roadmaps, and identify supply/demand challenges.
• Develop, implement, and communicate tactical and strategic category plans internally as appropriate.
• Understand internal and supplier manufacturing processes to improve cost and reduce waste.
• Collaborate with internal stakeholders and suppliers to develop and optimize business processes to improve speed, efficiency, and accuracy of workstreams.
• Prepare Business Cases, including ROI models, and effectively present cost savings and risk mitigation proposals to appropriate parties for approval and qualification.
• Execute RFQs, cost models, and estimates for initial project resourcing needs.
• Negotiate business T&C’s relating to payment terms, delivery terms, inventory strategies, lead times, price improvement, supply assurance, and other strategic issues with key suppliers.
• Provide rigorous analysis of spend data and market trends/dynamics by site, supplier, and/or category to prioritize and launch sourcing initiatives.
• Support the supplier strategy to ensure it supports product and customer needs.
• Manage commodities/materials/spend to achieve the annual performance metrics applicable to Supply Chain – planning, logistics, warehousing, and procurement.
• Ensure that all supplier and sourcing strategies support the “best total landed cost” objective of the business, including costs of inventory ownership, transport, customs, duties, and lead-time.
• Ensure that product compliance of suppliers meets all existing and future corporate social responsibility and product compliance requirements.
• Conduct periodic reviews of suppliers to ensure such compliance.

Requirements

Minimum Qualification Requirements:

• Education: Bachelor’s degree or equivalent of education and experience sufficient to successfully perform the essential functions of the job may be considered.
• Experience: Minimum 4 years’ experience in Sourcing/Procurement/Supply Chain or Manufacturing/Operations or R&D in a large, multi-national, preferably in a medical device company. Strong preference for direct experience with electronics and electrical components. Operational Excellence (Lean, Six Sigma, or Similar) experience. Proven success in managing suppliers or in managing complex manufacturing processes.
• Skills: Knowledge and use of relevant PC software applications and skills to use them effectively. Proven track record of driving positive results. Demonstrated ability to communicate effectively both verbally and in writing. Demonstrated ability to drive continuous improvement initiatives by leveraging Lean, Six Sigma, and data analytics to optimize processes, reduce waste, and enhance cross-functional efficiency. Highly self-motivated team player who can work effectively with management, business unit personnel, and other stakeholders. Demonstrated ability to interact with diplomacy and tact while maintaining appropriate assertiveness and persistence. Effective project management skills. Proven ability to positively persuade and influence decision making, at all levels in the organization. Person of true convictions; Willing to stand up for those convictions; Able to communicate, reinforce and counsel others on those convictions; Unafraid of change / improvement. Interpersonal skills that could be described as “firm but fair”; Objective yet compassionate in evaluating performance; Can connect all people of the organization to the mission and goals of the organization. Ability to prioritize very well and maintain appropriate balance in a fast-paced environment. Sound problem-solving skills in both functional areas of operations and interpersonal relationship management.

Qualifications

Preferred Qualifications:

• Certificates, Licenses, Registrations: APICS and/or CPSM certification or willingness to work towards same.

Skills

• Knowledge and use of relevant PC software applications and skills to use them effectively.
• Proven track record of driving positive results.
• Demonstrated ability to communicate effectively both verbally and in writing.
• Demonstrated ability to drive continuous improvement initiatives by leveraging Lean, Six Sigma, and data analytics to optimize processes, reduce waste, and enhance cross-functional efficiency.
• Highly self-motivated team player who can work effectively with management, business unit personnel, and other stakeholders.
• Demonstrated ability to interact with diplomacy and tact while maintaining appropriate assertiveness and persistence.
• Effective project management skills.
• Proven ability to positively persuade and influence decision making, at all levels in the organization.
• Person of true convictions; Willing to stand up for those convictions; Able to communicate, reinforce and counsel others on those convictions; Unafraid of change / improvement.
• Interpersonal skills that could be described as “firm but fair”; Objective yet compassionate in evaluating performance; Can connect all people of the organization to the mission and goals of the organization.
• Ability to prioritize very well and maintain appropriate balance in a fast-paced environment.
• Sound problem-solving skills in both functional areas of operations and interpersonal relationship management.

Benefits

We offer a comprehensive benefits package designed to support your well-being and career growth. This includes competitive compensation, a robust wellness program, life insurance and disability coverages, and a variety of voluntary programs such as group accident, hospital indemnity, critical illness, pet insurance, and more. Additionally, we provide a 401(k) plan with a matching contribution and vacation and sick time programs for associates. We are committed to creating a safe, healthy, and secure work environment, and our Colorado campus locations are tobacco-free workplaces. We also maintain a drug-free workplace and perform pre-employment substance abuse testing and detailed background verification.

Pay

$104,600.00 to $130,800.00 per year - Salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data

Schedule

Onsite (hybrid)