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Advanced Sourcing Manager, NPD

Company: Disability Solutions
Location: Danvers
Posted on: May 12, 2024

Job Description:

Abiomed, a part of Johnson & Johnson Med Tech, is currently recruiting for an Advanced Sourcing Manager to be based in Danvers, MA. At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at Job Responsibilities: Abiomed is present in most markets of the world, representing more than $1 billion of revenue with projected strong growth and premier market positions. The spend in support of this business resides in multiple categories and sums up to 300 million$ per year. With highly innovative heart saving products, Abiomed is one of the highest growing businesses of Johnson & Johnson. Abiomed's innovation and new product pipelines are growing constantly. The Advanced Sourcing Manager will be responsible for procurement support for launch readiness of new products / innovations under development. Incumbent in this role, will represent procurement in early-stage development and act as bridge between development teams, and procurement category management teams to drive preferred supplier choices and sourcing strategies. Incumbent will be responsible to proactively address risks in supplier choices, and support launch readiness by working closely with category team, supplier engineering team, and development teams. The incumbent in the role, will plan, direct, and support the delivery against targets for procurement across financial performance, supply reliability across quality & service, and compliance adherence. Principle Duties and Responsibilities: --- Lead or support sourcing initiatives in new product development to identify the right supplier partners, Influence procurement decisions, delivering on-going value improvements while driving competitive advantage. --- Develop spend analysis for new products and gather market intelligence in alignment with business goals. --- Develop and lead cost management initiatives; Prepare and execute RFQs for medium to high complexity sourcing decisions; Conduct negotiations with suppliers. --- Develop preferred supplier list for NPDs (new products) in partnership with category managers and execute through collaboration with cross functions. --- Translate subcategory sourcing strategies to cross functions and drive its adoption in new product development. --- Work with Tier I, Tier II suppliers to ensure capacity and availability for product launch and production. --- Deliver on financial, service, reliability, quality, innovation, and growth commitments. --- Build and maintain relationships throughout Abiomed that results in dynamic interactive dialogue on a broad range of perspectives and information critical to the development of optimal approaches and solutions. --- Support the development and drive the Procurement vision for, with and through the stakeholder community. --- Co-lead, with category managers, supplier partnerships which are important for new product launches to drive performance delivery, risk mitigation, and value through supplier enabled innovation. --- Develop innovative and sustainable solutions to identify and mitigate risk, drive long-term, end-to-end value, and achieve unmet business needs. Identify and pursue opportunities to develop supplier capabilities. --- Understand supply market trends, competitor analysis and provide insights to deliver proactive sourcing strategies. --- Systematically and efficiently manage supplier contracting, administration, and compliance to maximize financial and operational performance while minimizing risk. --- Keep oversight on the overall pipeline, monitor the resources needed to support the execution in due time and define priorities across available resources.

Keywords: Disability Solutions, Boston , Advanced Sourcing Manager, NPD, Executive , Danvers, Massachusetts

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