Terumo Aortic have are currently recruiting for two Category Specialists to join our global procurement team. These are exciting roles which will help to strategically manage a specific group or category of products or services to achieve the organisations objectives. We have an experienced procurement team who are currently adapting new models and ways of working and as such this is an excellent time to join the team during a new phase.
The main responsibilities of the role are;
Category Management:
- Conduct strategic sourcing efforts for assigned procurement categories, ensuring alignment with organizational objectives and cost-saving targets.
- Negotiate contracts, pricing, and terms with suppliers to optimize cost savings, quality, and service levels.
- Conduct market research and analysis to identify emerging trends, opportunities, and risks within assigned categories.
Supplier Relationship Management:
- Cultivate and maintain strong relationships with suppliers to ensure alignment with business requirements and objectives.
- Identify and qualify potential suppliers through rigorous evaluation processes.
- Collaborate with suppliers to drive innovation, continuous improvement, and value-added initiatives.
Contract Negotiation and Management:
- Support contract negotiations with suppliers to secure favourable pricing, terms, and conditions.
- Monitor contract performance and address any issues or discrepancies in a timely manner.
Cost Optimisation and Savings:
- Identify opportunities for cost optimization and savings within assigned categories.
- Develop and implement strategies to reduce procurement costs while maintaining quality and service levels.
- Track and report cost savings achieved through negotiation, consolidation, and process improvements.
Risk Assessment and Mitigation:
- Conduct risk assessments to identify potential threats to the supply chain, such as supplier instability, geopolitical factors, or regulatory changes.
- Support development of risk mitigation strategies and contingency plans to minimize the impact of identified risks.
- Monitor and evaluate supplier performance to ensure adherence to contractual obligations and quality standards.
Cross Functional Collaboration:
- Collaborate with stakeholders to understand their requirements and develop sourcing strategies that meet their needs.
- Travel for supplier visits and conferences as required.
The successful candidate will possess;
- Bachelor's degree in business, supply chain management, procurement, or a related field. (SCMP/APICS/CIPS preferred)
- Min 3 years proven experience in procurement, category management, or strategic sourcing roles, with a focus on developing and implementing category strategies in a regulated environment is preferred.
- Strong analytical skills with the ability to interpret data, conduct market research, and identify insights to inform decision-making.
- Excellent negotiation and contract management skills, with a track record of achieving cost savings and driving value through supplier relationships.
- Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and build relationships with internal and external stakeholders.
- Proficiency in procurement software and tools, such as e-sourcing platforms, contract management systems, and spend analysis tools.
- Demonstrated ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
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