Penumbra

Procurement Process Excellence Lead

Penumbra$80K — $120K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in supply chain, logistics, business or related field with 3+ years of relevant experience.
  • Experience with SAP Materials Management solutions.
  • Strong organizational and communication skills, capable of both independent and collaborative work.
  • Proficient in procurement and supply chain systems, data analysis, and critical problem-solving.
  • Familiarity with manufacturing processes and supply chain management.

Responsibilities

  • Develop and implement strategies for optimizing procurement operations.
  • Collect and analyze procurement performance data.
  • Monitor supplier and inventory metrics to identify risks.
  • Create mechanisms to align procurement metrics with finance and production.
  • Document existing processes for operational continuity and knowledge sharing.
  • Identify continuous improvement opportunities within procurement.
  • Ensure compliance with quality management systems and industry regulations.

Benefits

  • Collaborative work environment with ongoing learning and performance rewards.
  • Opportunity to impact global health through innovative medical solutions.
  • Generous benefits package including medical, dental, and vision insurance.
  • 401(k) with employer match and paid parental leave.
  • Fifteen days of vacation that increases with tenure, plus paid sick time.
Full Job Description
The Procurement Process Excellence Lead supports optimization of Penumbra's procurement practices by developing mechanisms, implementing strategies, identifying risks/trends, and applying advanced systems knowledge.

The Lead demonstrates advanced knowledge of procurement systems and KPIs by contributing to operational continuity and improvement efforts.

Specific Duties and Responsibilities
• Develop and implement strategies to optimize procurement operations and achieve long-term goals.
• Collect and analyze data related to current and future state procurement processes and performance.
• Monitor supplier, inventory, and spend performance metrics and trends to identify risk and support operational excellence.
• Develop mechanisms for measuring and aligning key metrics with finance and production.
• Apply advanced knowledge of ERP, P2P, AP, Planning and other fundamental solutions to support raw material planning and procure to pay processes.
• Understand and consistently apply key performance metrics for procurement operations including OTIF, MAPE, and other relevant indicators of procurement and supply chain health.
• Independently document existing processes to support operational continuity and knowledge sharing and maintains or updates process and procedure documentation as required.
• Identify continuous improvement projects across the procurement processes that encourage innovation and proactive problem-solving.
• Adhere to the Company's Quality Management System (QMS) as well as domestic and global quality system regulations, standards, and procedures.
• Understand relevant security, privacy, and compliance principles and adhere to the regulations, standards, and procedures that are applicable to the Company.
• Ensure other members of the department follow the QMS, regulations, standards, and procedures.
• Perform other work-related duties as assigned.

Position Qualifications: Required
• Bachelor's degree in supply chain, logistics, business, or a related field with 3+ years of experience in supply chain, operations or equivalent combination of education and or demonstrated experience.
• Experience with SAP Materials Management solutions.
• Demonstrate consistent organizational and communication skills, with the ability to work independently and as part of a team.
• Critical skills for this position include proficiency in procurement and supply chain solutions and systems, data and process analysis, and communication.
• Knowledge of manufacturing processes and supply chain management.
• Strong oral, written, and interpersonal communication skills
• Ability to process data, analyze information, think critically, identify cause-and-effect relationships, solve complex problems
• High degree of accuracy and attention to detail
• Proficiency in supply chain software and Microsoft Office (Word, Excel, and PowerPoint) is essential.
• Proficiency in SAP Materials management or similar ERP
• Excellent organizational skills with the ability to prioritize assignments while handling various projects simultaneously.
• Formulate and report analysis using quantitative and qualitative analytic skills using spreadsheets (e.g. Microsoft Excel) and business intelligence solutions (e.g. Power BI)
• Ability to collaborate cross-functionally

Position Qualifications: Desired
• Medical device, pharmaceutical, biotech, or other regulated industry experience desired

Working Conditions
• General office environment.
• Willingness and ability to work on site.
• May have business travel from 0-25%.
• Requires some lifting and moving of up to 20 pounds
• Must be able to move between buildings and floors.
• Must be able to remain stationary and use a computer or other standard office equipment, such as a printer or copy machine, for an extensive period of time each day.
• Must be able to read, prepare emails, and produce documents and spreadsheets.
• Must be able to move within the office and access file cabinets or supplies, as needed.
• Must be able to communicate and exchange accurate information with employees at all levels on a daily basis.

Annual Base Salary Range: $80,000 to $120,000
We offer a competitive compensation package plus a benefits and equity program, when applicable.
Individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location.

What We Offer
• A collaborative teamwork environment where learning is constant, and performance is rewarded.
• The opportunity to be part of the team that is revolutionizing the treatment of some of the world's most devastating diseases.
• A generous benefits package for eligible employees that includes medical, dental, vision, life, AD&D, short and long-term disability insurance, 401(k) with employer match, paid parental leave, eleven paid company holidays per year, a minimum of fifteen days of accrued vacation per year, which increases with tenure, and paid sick time in compliance with applicable law(s).

About Penumbra

Penumbra is a global healthcare company that designs, develops, manufactures, and markets innovative medical devices for the diagnosis and treatment of neurological and vascular diseases. The company's products include clot retrieval devices, neurovascular stents, and more. Penumbra serves a variety of markets including hospitals, clinics, and ambulatory surgery centers. With a commitment to improving patient outcomes, Penumbra is dedicated to advancing the field of interventional medicine through innovation and collaboration.
Learn more about Penumbra
Size
3,800 employees
Market Cap
$8.4 billion
Industry
Net Income
-$15.7 million
Founded
2004
5 Year Trend
+23.2%
Revenue
$560.4 million
NASDAQ

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