Sr. Category Manager, Direct Procurement Mechanicals (Hybrid - Acton, MA)
Insulet Corporation · Acton, MA · 3 wk ago
HybridSales$128k–$192k/yrFull-time
Responsibilities
- Collaborate with key stakeholders to develop and implement global sourcing strategies for the Springs and Mechanical Components Category.
- Continuously improve quality, delivery, service, total cost of ownership, cash flow, and mitigate risk in the supply chain.
- Monitor global category market conditions, supplier innovation, technology roadmaps, and identify supply/demand challenges & opportunities specific to Springs, stampings and Mechanical Components.
- Identify and manage supply risks, ensuring continuity and scalability.
- Ensure that suppliers can meet Insulet’s global capacity requirements for the spend category.
- Establish strong supplier relationships, 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 (QBRs) 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 NDAs, SOWs, 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, market intelligence, value analysis/value engineering, and process improvements.
- Proactively identify and mitigate supply risk to ensure supply chain resiliency and continuity of supply.
Requirements
- Bachelor’s degree in business, supply chain, or engineering related discipline; Master’s Degree in Business Administration or Engineering preferred.
- 10+ years’ relevant experience leading a metals category in sourcing, negotiating, contracting, supplier management, and project management.
- Prior experience in global strategic sourcing and supplier management of Mechanical components, using strategic category management techniques to achieve results.
- Strong technical aptitude relating to these categories is required.
- Understanding of relevant mechanical manufacturing processes and capabilities, materials, supply bases, and industry trends applicable to springs and mechanical components.
- Demonstrated 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 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.
Additional Information
- Travel up to 25%, including international travel to suppliers and manufacturing sites.
- This position is eligible for hybrid working arrangements (requires on-site work from an Insulet office).
- Actual pay depends on skills, experience, and education.
- We offer a comprehensive benefits package, including:
- Medical, dental, and vision insurance
- 401(k) with company match
- Paid time off (PTO)
- And additional employee wellness programs