Category Specialist - Electronics

Category Specialist - Electronics

At Terumo Blood and Cell Technologies, our 8,000+ global associates proud to come to work each day, knowing that what we do impacts the lives of patients around the world. For Terumo, for Everyone, Everywhere. We make medical devices and related products that are used to collect, separate, manufacture and process various components of blood and cells. With our innovative technologies and service offerings, we touch a patient's life every second of every day and are committed to continuing to increase the number of patients we serve.

Advancing healthcare with heart. With some of the best and brightest minds in the industry, an unmatched global footprint, comprehensive benefits and a distinct culture, Terumo Blood and Cell Technologies is a great place to work, grow and be part of a team that is focused on making a difference. Join us and help shape wherever we go next. You create your future and ours.

As the Category Specialist, you'll be responsible for enabling the business' Sourcing Category strategy. Continuously improve the Company's purchasing practices by identifying and leading efforts to proactively optimize category spend, manage supplier performance, reduce inventory, mitigate procurement risks, gain visibility to total spend and reduce total costs. Perform spend analysis to ensure best in class category sourcing leverage. Operates under the supervision of Category Manager and/or Sr.

Manager, as an extension of the category manager and secondary contact for negotiation and supplier management with the Terumo Blood and Cell Technology (TBCT) supply base, responsible for the category and supplier strategy on a global basis. The Category Specialist will support the development, implementation and management of global strategies to provide the segment with supply assurance, pricing, flexibility, optimal inventory levels, lead-times, cycle times, quality and delivery performance.

Essential Duties:

• 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 increase 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 work streams.
• Prepare Business Cases, including ROI models, and effectively present Cost Savings and Risk Mitigation proposals to appropriate parties for approval and qualification.
• Develop and execute RFQ's, 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.
• Accountable for working closely with customer-facing teams, Operations teams, and R&D and Supplier Engineering teams to ensure that the supplier strategy 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.

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.
• Skills:
  
  Knowledge and use of relevant PC software applications and skills to use them effectively. Proven track record of driving…