Globus Medical

New Products Supply Chain Manager

Globus Medical$90K — $120K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in project management within the medical device or related industry
  • Proven track record of managing product launches from conception through post-market
  • Strong understanding of supply chain management and product development processes
  • Excellent negotiation and vendor management skills
  • Ability to work cross-functionally with teams in marketing, finance, and operations

Responsibilities

  • Manage and oversee all aspects of product launches, ensuring alignment across departments
  • Develop detailed launch plans and timelines in collaboration with product development and supply chain teams
  • Monitor post-launch sales forecasts and gather insights to address operational issues
  • Facilitate cross-departmental meetings to align product and supply chain strategies
  • Document and communicate project milestones, changes, and key events to stakeholders

Benefits

  • Opportunities for professional development and career advancement
  • Collaborative and inclusive company culture
  • Access to innovative tools and technologies
  • Engagement in meaningful work that impacts patient outcomes
  • Health and wellness programs
Full Job Description
Position Summary:

The Manager, New Product will project manage New Product Launches to ensure tight alignment between Commercial, Financial, and Operational planning & execution, in the efforts to bring product launches to market in a timely and predictable manner. This position will have broad exposure across Globus, as well as deep interactions with the Product Development, Marketing, Finance, Manufacturing, Purchasing, Logistics, and Information Technology.

Essential Functions:

Organizational Management
  • Drive Launch organizational and cultural strategies that are in the best interest of the Company and upholds Globus' Supply Chain practices.
  • Understand the next 3 years of the new product pipeline and work with Supply Chain counterparts to ensure we have the appropriate number and type of suppliers to meet that need as it arises.
  • Drive the culture of meeting or beating expected margins for sourced product at Launch. This includes appropriate source quoting, changing prints as needed to hit targets (while not sacrificing design intent), vendor negotiations, establishing how much designs 'should cost' prior to sending to quote, etc.
  • Build and reinforce processes that allow for product Launch in 4 or less months from initial PO and all quotes are provided in 2 weeks or less.


Supply Planning
  • Participate in Quarterly Set Prioritization processes to ensure priority Set Demands are reflected in the Supply Chain priorities that are sent to all Suppliers
  • Work with Purchasing and Vendors to construct accurate supply plans and timing.
  • Develop Launch timelines with PD based on Supply commitments and communicate to appropriate teams the latest information.
  • Track and work with appropriate departments to close issues affecting launch timing


Post-Launch
  • Monitor forecast versus sales on a monthly basis for 6 months after launch via the Order Planning meetings.


Post-Market Introduction Planning
  • Work with the Purchasing team to ensure that all orders are placed and expedited after MIP approval.
  • Ensure additional approval is received, if costs exceed 10% by line, versus what was approved during the MIP.
  • Ensure Product Development completes "Product Rejection Form" when parts are scrapped.
  • Regularly follow-up with vendors for updates from vendors regarding commitment/delivery dates. Ensure we do not unconsciously sacrifice current business needs to deliver new launch product.
  • Translate approved MIP's into the Supply Chain forecast within an ERP (Create plan, enter sets and sales forecast).


Pre-Market Introduction Planning (MIP)
  • Set up and facilitate Make vs. Buy meetings between Product Development, Supply Chain, Branch, and Executive Management.
  • Work with Product Development and the Quote Lead to get quotes for all parts prior to the MIP. Facilitate DFM (Design for Manufacturing) with the selected vendors to confirm capability and any necessary design changes prior to the DCO's are processed.
  • Work with Product Manager to ensure the pricing in the MIP is based off real quotes from the vendors that will be receiving the orders and within approved budget.
  • Ensure the design is frozen, inspection sheets, gauging, set lists, forecast, DCO's are all completed including drawings/models matching prior to final MIP.
  • Assess competing priorities and participate in Pre-MIP and MIP approval process


Demand Planning
  • Work with PD/Marketing to develop Market Introduction Plans (MIP's), work with supply chain planning group to assess competing priorities and participate in Pre-MIP and MIP approval process


Project Management
  • Maintain timelines for each project, document all changes, issues, reworks, scraps and other notable events that happen from the start of the project through launch. These chronological timelines are to be sent monthly or more frequently as required. Ensure all relevant parties included in all communication. Track development tasks to ensure all steps are followed.
  • Oversee a team that accomplishes the following tasks that are detailed out below: Project Management, Demand Planning, Pre-Market Introduction Planning, Post-Market Introduction Planning, Supply Planning.
  • All Launch programs are stable and compliant to Globus' Supply Chain practices prior to transitioning from Launch team to Purchasing or Planning departments.


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, crouch or crawl
  • 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


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.

About Globus Medical

Globus Medical is a medical device company that develops and manufactures products for patients with musculoskeletal disorders. The company's products include spinal implants, surgical instruments, and orthopedic implants. Globus Medical was founded in 2003 and is headquartered in Audubon, Pennsylvania. The company has a strong focus on research and development and has received numerous awards for its innovative products. Globus Medical is committed to improving patient outcomes and has a strong reputation for providing high-quality products and services.
Learn more about Globus Medical
Size
2,400 employees
Market Cap
$7.4 billion
Industry
Net Income
$102.2 million
Founded
2003
5 Year Trend
+11.2%
Revenue
$789 million
NASDAQ

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