Global Sourcing Manager

Heartstream is building on our 40+ year legacy of growth and innovation in emergency medical technology to continue passionately pursuing our mission of saving lives, lowering the cost of healthcare, and advancing the science of resuscitation while serving the public access AED, EMS, military, and hospital market segments. Heartstream includes leading brands and products like Heart Start AEDs, Intrepid and DFM
100 monitor defibrillators, Tempus monitor and Tempus ALS systems, and Corsium and ECI informatics solutions.

We are seeking a detail-oriented and agile Global Sourcing Manager who will be responsible for shaping advanced category strategies and policies to drive significant competitive advantages and align with overarching business goals, working under limited supervision. The role cultivates strong relationships with suppliers and internal stakeholders to ensure effective collaboration and transparency to achieve strategic objectives. The role drives complex process efficiency initiatives, optimizes workflows and operations to enhance productivity and cost-effectiveness.

The role conducts supplier assessments and collaborates with procurement partners to lead strategic initiatives such as New Product Introduction (NPI) sourcing strategies.

• Leads the development and implementation of advanced category strategies, programs, and policies, ensuring alignment with overall business goals and delivering significant competitive advantages, working under limited supervision.
• Monitors the entire procurement lifecycle, including the creation and execution of RFx processes, contract negotiations, and ongoing supplier performance management to achieve cost-effective and high-quality outcomes.
• Drives strategic cost-saving initiatives and process improvements, utilizing advanced data analytics and deep market insights to optimize procurement operations, reduce Total Cost of Ownership (TCO), and enhance profitability.
• Manages and implements comprehensive supplier performance metrics, conducting regular evaluations and corrective actions to ensure continuous improvement and alignment with Heartstream's rigorous quality standards.
• Adheres to the role of an integrated business partner, comprehensively understanding business requirements, and delivering optimal solutions to the demand side, emphasizing continuous improvement through agile adaptation to emerging technologies and best practices.
• Analyzes market dynamics and supplier landscapes to identify strategic sourcing opportunities, leveraging internal and external intelligence encompassing industry benchmarks, supplier capabilities, emerging trends, and regulatory nuances.
• Collaborates with procurement business partners and cost category managers to uncover and capitalize on category-related business opportunities and lead strategic New Product Introduction (NPI) projects.
• Manages the execution of category funnel measures, coordinating activities with project managers and procurement business partners to meet strategic goals.
• Plans and optimizes supply base initiatives to enhance supplier performance, executes negotiations roadmaps to reduce costs, and drives continuous improvement across the supply chain.
• Monitors and proactively addresses supplier performance and market conditions, identifying risks and opportunities to maintain a competitive edge and ensure best results and fully leveraged synergies.
• Negotiates complex supplier contracts and agreements, ensuring favorable terms and conditions that align with the company’s strategic objectives and help to contribute towards financial metrics.
• Influences cross-functional teams and senior leadership by providing data-driven insights and recommendations that shape procurement strategies and drive…