Sr. Manager, Strategic Sourcing Finished Goods

What Strategic Sourcing - Global Products contributes to Cardinal Health

Global Procurement is responsible for creating and managing diverse strategic supplier partnerships that drive enterprise value with innovation, best cost and competitive advantages that benefit customers, suppliers, and patients.

Reporting to the Senior Director – Strategic Sourcing, Transformation, and Should Cost, the Senior Manager, Strategic Sourcing FG leads the development and execution of the strategic plans by clearly understanding the spend and stakeholder landscape, leveraging market intelligence, industry knowledge and cross-functional collaboration. Competitive advantage is created through end-to-end category management bringing the best available value through assurance of supply, quality, service levels, innovation, and cost, achieved through supplier selection and management, contract negotiation, supply chain optimization and risk mitigation.

Job Summary

• Develops deep industry insights leveraging outside-in supply market intelligence and industry insights

• Strategic thinking to develop longer-range supply strategies and plans that drive significant value while meeting the business requirements

• Deep stakeholder engagement to influencing business decisions relevant to the category strategy

• Strong cross-functional leadership skills to drive continuous progress against the strategic category plans

• Sets aggressive continuous improvement goals for assigned categories and explores a broad set of value levers to deliver on targets

• Functions as Subject Matter Expert for assigned categories and team

Responsibilities

• Manage the portfolios of Compression Consumables, Fluid Management, Urology, and Thermal in support of the Medical Segment businesses, which include finished goods commercialized under a vendor brand or the Cardinal Health brand and/or as components for downstream manufacturing and kitting.

• Lead two direct reports.

• Leads the development of category strategies

• Development and execution of global supply strategies to achieve best total value, sustainable productivity and elevated levels of quality and service aligned with business objectives.

• Creates collaborative business plans with strategic suppliers, develops negotiation strategies, and directs the execution of strategic programs.

• Ensures all goods and services meet established standards and legal requirements.

• Collaborates with internal and external resources to champion enterprise wide cross-functional sourcing initiatives.

• Directs and executes budgetary cost reduction programs and initiatives that facilitate business owners achieving their business unit goals and financial targets. Generates analytics to support these positions.

• Directly manages complex negotiations with key suppliers that require a detailed strategic plan and that have a direct correlation with Corporate operational needs and/or goals.

• Conducts industry specific research, benchmarking, financial and business analytics for long range pricing and buy rationalizations.

• Proactive leadership and management with cross-functional partners to effectively select suppliers, negotiate favorable contracts and manage supplier performance and relationships.

• Collaborate with and influence business partners in a highly matrixed environment to optimize key supplier performance and innovation.

• Perform data analysis and utilize financial acumen to identify opportunities to leverage scale and drive cost savings.

• Global expertise in commodities, including technical product knowledge, cost drivers, related industry dynamics and market trends.

Qualifications

• Bachelor’s Degree or equivalent working experience preferred

• Minimum 8-12 years of experience in developing targets, developing global strategic sourcing strategies, and delivering breakthrough levels of performance improvement across a portfolio of assigned categories for an FDA-regulated medical device manufacturer or a healthcare company with annual sales more than $5 billion.

• At least 6 years of experience developing and implementing requirements to execute and enhance day to day sourcing activities.

• Detailed knowledge of the strategic sourcing procurement lifecycle and procurement best practices and methods and can demonstrate how this knowledge has been applied to optimize category profitability and supplier performance.

• Experience in diagnosing, isolating, and resolving complex issues and recommending and implementing strategies to resolve problems.

• Experience with Finished Good sourcing, contract manufacturing and private label offerings

• Strong project and process management to execute supply strategy for assigned categories with cross functional teams.

• Expertise with contract requirements to negotiate critical terms and conditions in line with category strategy.

• Intermediate level skill in Microsoft Excel, Microsoft PowerPoint, and Microsoft Word, and familiarity with Tableau.

• Experience of leading global cross-functional teams within a large matrix organization.

• Familiarity with manufacturing, quality, and supply chain processes to support supplier selection and performance management.

• Strong interpersonal, verbal, and written communication skills; able to communicate effectively and interact with personnel at various levels of expertise on a global landscape.

• Willing to travel up to 20% for business purposes (domestically and internationally).

What is expected of you and others at this level

• Manages expectations for two professional employees

• Participates in the development of policies and procedures to achieve specific goals

• Ensures employees operate within guidelines

• Decisions have a short term impact on work processes, outcomes and customers

• Interacts with subordinates, peers, customers, and suppliers at various management levels; may interact with senior management

• Gains consensus from various parties involved

• Applies advanced knowledge and an understanding of concepts, principles, and technical capabilities to manage a wide variety of projects

• Solution provider

Anticipated salary range: $103,500 - $155,295

Bonus eligible: Yes

Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.

• Medical, dental and vision coverage

• Paid time off plan

• Health savings account (HSA)

• 401k savings plan

• Access to wages before pay day with myFlexPay

• Flexible spending accounts (FSAs)

• Short- and long-term disability coverage

• Work-Life resources

• Paid parental leave

• Healthy lifestyle programs

Application window anticipated to close: 1/20/2025 *if interested in opportunity, please submit application as soon as possible.

The salary range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate’s geographical location, relevant education, experience and skills and an evaluation of internal pay equity.

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Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.

Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.