Quest Medical, Inc. is a US based manufacturer that develops and manufactures sterile medical devices for a variety of medical markets. Those markets include cardiac surgery, ophthalmic surgery, oncology, IV fluid, and anesthesia delivery. Our company culture is very diverse and the average tenure for our employee population is 7+ years. If you are looking for a stable and successful company where your voice will be heard, Quest is the place to be.
The Purchasing Manager is responsible for leading a team of procurement professionals who execute business strategies by providing analytical, project management, and tactical executional support, and act as Ambassadors of Progress within Quest Medical. The ideal candidate will lead the procurement, sourcing and supplier management for direct and indirect purchasing, collaborate with internal and external stakeholders to develop procurement strategies, analyze data concerning market condition, procurement & sourcing activities to mitigate risk, negotiate with suppliers, manage contracts and improve overall supplier management.
Leading site procurement team and initiating and fostering relationships with site stakeholders, establishing and prioritizing activities for the team to achieve objectives and results
Develop sourcing, and procurement strategies to optimize annual spend; Monitor and analyze spend performance and spend data to forecast, assess market trends and develop procurement process and sourcing strategies to achieve cost reductions for commodities and categories. Ensure optimal balance between value for money and cost savings is achieved, while ensuring quality and good customer service.
Lead supplier selection, sourcing, and award business to optimize Supplier Portfolio Strategy based on demand and risk. Identifying potential suppliers and evaluating their capabilities, capacity, and reliability to meet organizational needs.
Manage supplier contracts, conduct contract review and audit, negotiate, and renew contracts with suppliers to align with market trends, drive cost saving and improve commercial conditions.
Optimize cash by extending supplier payment terms and/or negotiating term discounts and optimize the supply base through consolidation, where appropriate. Delivering year-over-year PPV savings.
Develop and execute commodity negotiation strategies with suppliers, including specific targets for pricing, service, quality, intellectual property, tool ownership, etc.
Lead strategic efforts, internally and externally, to improve supplier service and material availability
Minimize impact of supplier shortages by proactively identifying and resolving potential material supply issues, timely communication, collaborating with Planning and Manufacturing for inventory build, and proper escalation.
Maintain and monitor inventories to ensure levels are sufficient to meet both internal and external customer needs.
Drive proactive procurement involvement in the Innovation planning processes with R&D.
Serve as an escalation point for manufacturing and planning to secure on-time deliveries
Utilize procurement tools including J.D. Edwards, ReportsNow, and Monday.com to interact with data, to extrapolate insights and assess trends, and to make recommendations for improvement. Responsible for the effective execution and accuracy of MRP and related system processes
Develop and monitor performance of suppliers to Quest Medical KPIs, including First Pass Yield and On-Time/In-Full Delivery, and Overall Cost. Implement corrective actions as necessary to ensure adherence to quality standards and delivery timelines
Follow all Quest Medical policies and procedures and exemplify Quest Medical core values of Inspiring Solutions that Treat People Better by Empowerment, Innovation, Teamwork & Collaboration, Speed & Purpose, Growth, and Fun
Nurture stakeholder and supplier relationships by serving as a business partner.
Responsible for people leadership. Recruit, mentor, train and develop talent. Confronts and deals with people issues in a constructive and timely manner. Responsible for overall morale of team and promotes cohesive attitude. Execute against established staffing/resources plan.
Represent Procurement on key activities that have an impact on the performance of the business
Provide insights and mapping of Supply Chain capabilities and demand to effectively manage risk
Qualifications and Skills:
Bachelor’s degree in Business, Finance, Operations, Supply Chain, or related field from an accredited university
Minimum 10 years’ experience in supplier management, negotiation, contract management. Risk mitigation and cost saving.
Minimum of 5+ years as a supervisor or manager, or as leader of cross-functional project teams.
Strong systems knowledge. Experience working with ERP systems: SAP, Oracle and/or J.D. Edwards
Computer literate in Word, Excel, and PowerPoint.
Proven ability to manage multiple tasks and meet challenging deadlines, lead a team of professionals, and solve problems, both quantitative and qualitative.
Working knowledge and experience of procurement and best-in-class practices, principles, process, tools and methodologies
Demonstrated strong business judgment and critical thinking to create and evaluate innovative options and use a fact based decision making process to develop and implement strategies that will drive positive results and deliver value
Strong leadership, communication, and organization skills.
Strong negotiating skills
Ability to travel up to 15%
Prefer Medical Device Manufacturing experience
Strong critical thinking, problem solving, and analytical skills;
Excellent communication and people skills.
Process orientation with an enterprise mindset.
Strong Project Management skills
Professional certifications desirable (CPSM, CPM, PMP or similar certification)
Why Join Us:
Summer hours available
Mid-size company with great company culture that is well diverse
Have a voice in the company
Average tenure for employee population is 7+ years