Responsibilities:
• Utilize strategic sourcing process to identify, negotiate and implement indirect procurement initiatives to drive cost savings.
• Guide Functional groups in discovery, contract negotiation, optimizing economic value, on-time delivery of product & services, cost management & reduction, supplier & partner risk mitigation, and scope of work development
• Influence key stakeholders for each element of indirect spend to ensure that business objectives are achieved by the recommended sourcing strategy
• Manage performance against contract terms and recommend courses of action to rectify discrepancies.
• Develop, implement and enforce appropriate internal spend management procedures
• Drive and deliver cost saving opportunities aligned with organization commitments
• Develop and implement a supplier scorecard to track and rate part quality, supply performance, cost improvements, and innovation support
• Bring should-cost modeling capabilities to Insulet for key elements of indirect spend (e.g. professional services, freight)
• Lead contract negotiations with primary and secondary suppliers. Ability to complete first pass contract reviews and make recommendations for negotiation strategies with key stakeholders.
• Lead the cross functional team that engages with suppliers on issues and continuous improvement
• Remain current with market trends through relationships with vendors and market experts; identifying and communicating new technologies and solutions to Company’s key problems in the assigned spend areas
• Hire, Develop and Manage Indirect category team
• Performs other duties as required