At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these patients, and the surgeons and healthcare providers who treat them. We embrace a culture of exceptional response by partnering with researchers and educators to transform clinical insights into tangible solutions. Our solutions improve the techniques and outcomes of surgery so patients can resume their lives as quickly as possible.
Position Summary:
The Purchasing Director will be responsible for establishing, maintaining, and scaling a sustainable strategy for direct and indirect purchasing. This person will develop systems and oversee the processes that their direct reports will implement. They will lead strategic vendor selection, sourcing awards, contract and agreement negotiations, pricing, and discussions related to resolving any significant delivery issue to purchase order due dates or backorders. Supports a culture of leading by example, empowered and decentralized team, strong desire to win, an “operations” culture, and accountability to targeted results.
Essential Functions:
Ensure the quality of products received in are compliant per company SOPs, to remain in compliance with FDA CFR 21 and ISO 13485. Have proactive trending and monitoring of vendors such that trends are corrected well before they are an event that would conflict with internal Quality requirements.
Focus on building partnerships with the medical device supply base that foundationally promotes shared risk taking and can sustainably operate the Globus way. Design systems and oversee processes that result in supply continuity and can scale at a rate of 10-15% CAGR, delivers implants at +98% OTIF and instruments +90% OTIF.
Manage cost structure such that costs remain flat year over year, and percent of spend relative to revenue within each month remains stable through cost control means. Leverages inventory and all departments who interface with it to release cash whenever possible, while not disrupting operational stability of manufacturing. In terms of pent-up revenue, global backorders should average less than 0.1% of revenue. As new products launch, accountable to ensure relative percent of spend will not change due to margin erosion. Assess the cost of order quantities relative to sales and associated carrying costs with the inventory team.
Drives quantitative, deliberate sourcing decisions and vendor capacity allocation as it relates to E2E IBP. Ensures that launches are possible within 4 months from PO and there is never a choice to be made between launch and maintenance demand. This candidate will at all times have a strong understanding of what is attainable from the supply base relative to unconstrained demand and shape, and continually re-shape, the supply base to match where the business is today and where it is going. Supply base maintains Globus expectations of lead-time, lot sizes, quality, and monthly replenishment PO cadence.
Establishes Integrated Business Planning (IBP) methodologies cross functionally to ensure ownership is properly placed within the organization and approaches work with confidence—both in good times and bad. Creates an IBP that they own and are ultimately responsible for attaining at a part-quantity-date-source level. Can demonstrate through the IBP the understanding of and bridge between departments.
Has a continuous improvement mindset, where the present is accepted and drives us toward tomorrow. Systems created demonstrate a proactive resolution of supply risk, system integrity, process rigor, simplicity of focus and execution, and people care + management.
Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies
Ensures Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role
Represents the company in a professional manner and upholds the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Qualifications:
Bachelor's degree required, preferably in supply chain, business, or similar technical field.
10 years’ supply chain experience required; preferably in a medical device or healthcare manufacturing environment.
Excellent verbal and written communication skills
Attention to detail
Advanced critical thinking and problem-solving skills
Ability to travel up to 30% of the time as required
MRP/ERP experience in preferably a multi-plant environment.
Strong quantitative and qualitative analytic skills with the ability to formulate conclusion through reporting
Excellent contract negotiation skills, as well as a strong understanding of cost savings and inventory management strategies
Ability to lead without direct authority in a collaborative environment
Ability to brief executives and have excellent interpersonal, written, and oral communication skills
Must be detail oriented and team player capable of working in a deadline dictated environment
Able to handle multiple, complex projects with varying deadlines and an ability to adapt quickly to changing demands/needs
Proficiency in Microsoft Office Suite- Strong in Excel and other analytic reporting tools
Physical Demands:
The physical demands listed here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Required to sit; climb or balance; and stoop, kneel, or crouch
Required to regularly lift and/or move up to 10 pounds, and occasionally lift and/or move up to 25 pounds
Required to possess specific visons abilities, including close vision, distance vision, color vision, peripheral vision, depth perception and capacity to adjust focus
Our Values:
Our Life Moves Us philosophy is built on four values: Passionate About Innovation, Customer Focused, Teamwork, and Driven.
Passionate about Innovation: Improving patient care by delivering advanced technology to our customers is at the core of what we do. We are passionate in our role in improving the lives of patients by continuously developing better solutions.
Customer Focused: We listen to our customers’ needs and respond with a sense of urgency.
Teamwork: Working together, anything is possible. We value every person on our team and treat each other with respect. We are accountable to one another and support each other. Together, we make each other stronger.
Driven: We pursue our mission with energy and passion. We are nimble, results-oriented and decisive. We overcome obstacles that arise in our quest to deliver solutions that will improve the lives of our customers and patients.
Equal Employment Opportunity:
Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees’ talents and support an environment that is inclusive and respectful.
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.