Global Indirect Sourcing Lead - Fleet, Hampshire, United Kingdom - Cynosure

Description

Posted Thursday, May 16, 2024 at 4:00 AM

Cynosure is well positioned competitively to lead and transform the medical aesthetics industry. We are guided by our belief that this is a purpose-driven business, which improves patient's lives and improves practitioner's livelihoods.

• We are passionate about driving a healthy and growing medical aesthetics industry with leading-edge marketing which inspires consumers to engage in medical aesthetics.
• We are the leader in science-based technology which elevates the standard of care for consumers.
• We are relentlessly focused on being the undisputed innovation leader, addressing the growing demand for consumer treatments across all demographics.
• We are committed to building and strengthening our unmatched global footprint, with direct employees on five continents and in 15 countries and growing, and distributor partners serving over 130 countries.
• We put our people first and believe personal development drives business development.
• We love our customers and strive give them the leading-edge technology, service, marketing support and clinical education to improve their patient's outcomes and to improve their livelihoods.

At Cynosure, we look for people who make an impact and encourage everyone to lead, create, and add value. In turn, we invest in our team to grow people's careers and build upon our high-performance and culture-oriented organization. We work together as one team, winning together.

As we grow our global team, there is no better time to join us. As a market leader in medical aesthetics, Cynosure has over 25 years developing, manufacturing, and marketing products for dermatologists, plastic surgeons, medical spas, and healthcare practitioners. With the aesthetic industry's most comprehensive product portfolio, our offerings span several categories including skin revitalization, body contouring, hair removal, and women's health.

Our mission is to set Cynosure customers up for success shaping future leaders of the aesthetics industry and helping everyone who uses our technologies discover their version of beautiful.

The Indirect Sourcing Lead is an integral part of the Global Supply Chain organization and will help lead the organization's indirect sourcing strategies across categories such as Sales and Marketing, IT (Hardware and Software), Telecom, Consulting, Travel, Engineering Services, Professional Services, Recruitment, Training, Office Suppliers, Contingent Labor, Fleet, Facilities Maintenance and Capital Equipment. You will be responsible for developing, implementing, and executing aligned and well-integrated companywide sourcing strategies that result in delivering cost savings and process efficiencies, while maintaining a superior level of quality and ensuring on time deliveries to our business stakeholders.

Essential Functions

The following duties are considered essential to the job. but not limited to:

• Reporting to the VP Global Supply Chain, this individual will b e responsible for executing and implementing effective sourcing strategies, from the initial identification of requirements, through delivery across indirect spend categories. This role is also responsible for building strong internal relationships with all internal stakeholders and partners to provide strategic direction for improved spend management, consolidation, governance, and on-going supplier management.
  
  

Duties and Responsibilities

• Spearhead, develop and implement strategic sourcing strategies in accordance with the traditional seven step sourcing process from supplier identification through contract execution and on-going supply management.
• Deliver yearly cost savings targets and other key departmental objectives.
• Provide regular communications as to the status of sourcing events to Supply Chain leadership.
• Provide strategic partnership and direction to purchase all services within indirect spend categories in an efficient and economical manner following established policies and procedures.
• Gather market and supply intelligence with the purpose of seeking out and evaluating suppliers based on price, quality, service, reliability, capabilities as well as supplier's reputation and historical spend.
• Negotiate, renegotiate, and administer Supplier contracts with support from internal stakeholders as required.
• Assesses near-term and long-term plans to establish that supplier priorities are balanced with business needs; consults with key stakeholders and other subject matter experts to develop alternative solutions; advises on options, risks, the total cost of ownership, and business impacts.
• Support the evaluation and implementation of Source-to-Pay technology tools.
• Benchmark, track, and analyze annual performance metrics and sourcing trends against budget monthly to demonstrate continuous improvement and progress against strategic objectives.
• Monitor supplier performance to ensure high quality of services that meet and exceed contractual requirements.
• Partner with technology leaders and key business stakeholders to develop long-term development strategies and capture business requirements.
• Participate in strategic meetings with suppliers and business leaders to ensure the execution of defined strategies. Manages day-to-day ongoing category supplier relations and seeks outgrowth or revision opportunities within the supply base.
• Develop and lead the execution of category sourcing strategies including development and execution of RFI's and RFP's, documents bid events through correspondence to suppliers; develops selection criteria and drives the selection of suppliers in collaboration with cross-functional teams, conducts supplier negotiations, and ongoing supplier management.
• Actively seeks ways to streamline business processes; researches and provides information on industry category trends and best practices. Provide procurement input to maximize procurement leverage, optimize project design, and minimize project duration and cost.

Education

BS, BA in Supply Chain Management, Business Management, Finance, or similar qualification from work experience.

Experience

• Enterprise-wide Indirect Sourcing 5-10 years (Preferred).
• Experience in a fast-paced turn-around environment, leading teams through transformation is necessary.
  • Consulting experience is a plus.
• Knowledge of best practices within indirect sourcing and overall Supply Chain.
• Broad industry-based multiply categories Indirect sourcing experience.
• Superior negotiations skills that result in creative and winning solutionsSAP Ariba expertise required.
• Experience developing and maintaining company sourcing and purchasing strategy including commodity management, vendor selection and evaluation, contract management, and competitive sourcing, and on-going supplier management.
• Strategically developed and maintained policies and structures necessary to ensure optimum supply chain for achieving company goals and objectives.
• Has ledongoing efforts to achieve continuous improvement of the supply chain function through evaluation of modern technologies and industry best practices.
• Self-starter, who can operate in a broad spend categories.
• Analytically strong, execute spend analysis, analyze cost drivers, and support harmonization of specifications.
• Extremely proficient in MS Excel and PowerPoint
• Must possess effective communication, negotiating and influencing capabilities.
• Must be highly organized and meticulous about documentation and procedures.
• Team builder and partner who can include divergent functions and various levels of seniority (both internal and external).

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to work under minimal supervision with broad direction.
• Ability to drive and steer multiple projects.
• Be able to manage conflicting business interests, understand and be able to establish common ground in organizational barriers.
• Led the implementation of sourcing strategies that consider strategic and operational outcomes.
• Effectively partner with Supply Chain associates as well as other functions that will drive operational excellence and cross-enterprise harmonization.
• Be viewed as a sought-after knowledge expert for indirect sourcing and category management.
• Develop and execute global and aligned sourcing and procurement strategies across the enterprise that include spend analytics, category due diligence/leveraging, market assessment, sourcing strategies, source selection recommendations and supplier negotiations.
• Monitor key spending trends, cost drivers, market factors, geographic considerations, and strategic importance of critical commodities.
• Drive engagement by building and developing a high-performance team that consistently delivers and exceeds Supply Chain KPIs.

Cynosure is an Equal Opportunity Employer – Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Disability, Veteran