Director, Procurement

About the role

iRhythm is shaping a future where everyone, everywhere can access the best possible cardiac health solutions. We are passionate about delivering innovations that improve the quality of healthcare and the patient experience. We are currently seeking an experienced Director, Procurement.

Responsibilities

• Lead and scale the procurement function (Direct and Indirect) to support the rapid growth of the business, in a manner that maximizes contribution to the achievement of business objectives, profitability and return on investment.
• Implement best practices from standard category management, and innovative approaches, to identify and execute opportunities to drive cross-company savings and operational improvements in category management.
• Work as a strategic business partner to develop and prioritize procurement change programs and projects to enable delivery of short- and long-term objectives.
• Work with other functional leaders across finance, IT and manufacturing to drive short- and long-term improvements in the P2P process, including automation, selective outsourcing and/or leveraging strategic alliances to maximize ROI.
• Develop risk management strategies to mitigate supply chain disruptions, ensuring quality and regulatory compliance.
• Oversee the indirect purchasing team to ensure superior customer service offered to internal users on purchasing requests.
• Develop standard inventory planning model, achieve and maintain inventory targets.
• Lead, mentor, and develop a high performing Procurement team to support manufacturing and corporate goals.
• Develop relationship with key suppliers and manage supplier performances.

Requirements

• Action orientation, ability to thrive in a fast paced, rapidly changing, collaborative environment.
• Bachelor's Degree and minimum 10 years of experience in procurement operations and strategic sourcing.
• Medical Device, Pharma, or Biotech experience (7+ years); thorough understanding of ISO 13485 and FDA regulations.
• Prior experience in developing and implementing category strategies and sourcing efforts for indirect procurement areas such as IT, capex, marketing, facilities, and services required.
• Prior experience in contributing to automation and / or process improvement in the P2P process of a rapidly growing company preferred.
• Effective communicator with ability to influence at all levels.
• Strong analytical skills, and the ability to drive effective analysis and process steps toward transformations and or landing key projects.
• Comprehensive knowledge on contract commercial terms and ability to lead supply agreement negotiations independently.
• Able to operate in a fast-paced environment and juggle shifting priorities and tight timelines.

Qualifications

• Master's Degree in Business Administration, Supply Chain Management, or related field.
• Experience in managing large-scale procurement processes.
• Knowledge of industry standards and best practices in procurement and supply chain management.
• Experience in working with global suppliers and managing international contracts.
• Experience in developing and implementing category strategies and sourcing efforts for indirect procurement areas such as IT, capex, marketing, facilities, and services.
• Experience in contributing to automation and / or process improvement in the P2P process of a rapidly growing company.
• Experience in leading and mentoring a procurement team.

Skills

• Strategic thinking and problem-solving skills.
• Excellent communication and interpersonal skills.
• Strong analytical and organizational skills.
• Ability to manage multiple projects simultaneously.
• Experience in working with global suppliers and managing international contracts.
• Experience in developing and implementing category strategies and sourcing efforts for indirect procurement areas such as IT, capex, marketing, facilities, and services.
• Experience in contributing to automation and / or process improvement in the P2P process of a rapidly growing company.
• Experience in leading and mentoring a procurement team.

Benefits

• Competitive compensation package.
• Excellent benefits including medical, dental, and vision insurances (all of which start on your first day).
• Health savings account employer contributions (when enrolled in high deductible medical plan).
• Cafeteria plan pre-taxed benefits (FSA, dependent care FSA, commute reimbursement accounts).
• Travel reimbursement for medical care.
• Noncontributory basic life insurance & short/ long term disability.
• Additional benefits including 401(k) (with company match), an Employee Stock Purchase Plan, pet insurance discount, unlimited amount of LinkedIn Learning classes, and so much more!

Pay

$158,000 - $252,000

Schedule

Regular full-time position