Insulet Corporation

Senior Category Manager, Direct Procurement

Insulet Corporation$124K — $187K *
Acton, MA 01720In-Person
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, supply chain, or engineering; MBA preferred.
  • 10+ years of experience in sourcing, negotiating, and supplier management for technical categories.
  • Experience in global strategic sourcing and supplier management specific to plastics and injection molding.
  • Strong understanding of injection molding processes, materials, and market trends.
  • Demonstrated success in supplier selection and contract negotiations that enhance supply chain efficiency.
  • Proven track record of achieving measurable cost savings annually through strategic initiatives.
  • Skilled in using benchmarking and cost analysis tools for negotiation results.
  • Ability to influence and lead at senior organizational levels.

Responsibilities

  • Develop and implement global sourcing strategies for injection molding plastics.
  • Monitor market conditions and identify supply/demand challenges and opportunities.
  • Manage supply risks and ensure supplier capacity meets global requirements.
  • Build strong relationships with suppliers and monitor their performance.
  • Act as the escalation point for resolving supplier-related issues.
  • Conduct Quarterly Business Reviews (QBRs) with stakeholders to evaluate supplier performance.
  • Oversee supplier selection and negotiation processes for commercial terms and contracts.
  • Drive cost reduction initiatives and material optimization strategies based on market intelligence.

Benefits

  • Medical, dental, and vision insurance.
  • 401(k) with company match.
  • Paid time off (PTO).
  • Employee wellness programs.
Full Job Description
Job Title: SeniorCategory Manager, Plastics

Department: 8314 - Direct Materials

FLSA Status: Exempt

Position Overview:

The Senior Category Manager develops, leads, and executes end-to-end sourcing strategies and procurement processes for the Injection Molding Plastics Category that deliver value to the business by improving quality, ensuring on time delivery and service performance, ensuring capacity, reducing total cost of ownership, mitigating supply risk, aligning with suppliers on product roadmaps and innovative supplier technologies, and driving continuous improvement.

Responsibilities:
  • Collaborate with key stakeholders to develop and implement global sourcing strategies for the plastics category that continuously improves quality, delivery, service, total cost of ownership, cash flow, and mitigates risk in the supply chain.
  • Monitor global category market conditions, supplier innovation, technology roadmaps, and identify supply/demand challenges & opportunities specific to injection molding plastics.
  • Identify and manage supply risks, ensuring continuity and scalability, ensuring that suppliers can meet Insulet's global capacity requirements for inject6ion molding and plastics.
  • Establish strong supplier relationships, and manage the plastics category spend and supplier performance.
  • Act as the primary escalation point and ensure timely resolution of issues and challenges.
  • Collaborate with key business stakeholders and conduct Quarterly Business Reviews (QBRs) to measure and review supplier performance and ensure conformance to quality, delivery, service, cost, and risk mitigation goals.
  • Oversee the supplier selection process.
  • Develop and execute negotiation strategies that deliver against business objectives and reduce total cost of ownership.
  • Ensure that all commercial terms are agreed and documented, and that NDAs, SOWs, and Purchase Agreements are executed on a timely basis.
  • Perform contract life-cycle management to include reviewing/renewing expiring contracts, updating pricing and commercial terms.
  • Drive year-over-year cost reduction and avoidance initiatives through annual negotiations and a pipeline of material cost optimization initiatives through design, competitive leverage, market intelligence, value analysis/value engineering, and process improvements.
  • Perform total cost and pricing analysis and monitor industry trends to achieve lowest total cost of ownership (TCO).
  • Proactively identify and mitigate supply risk to ensure supply chain resiliency and continuity of supply.
  • Perform other duties and lead projects as required. Proactively identify and mitigate supply risk to ensure supply chain resiliency and continuity of supply.
  • Serve as the Trusted Advisor for Insulet's Plastics team in regards to suppliers, technologies, and strategies.
  • Perform other duties and lead projects as required.


Required Skills and Competencies:
  • Bachelor's degree in business, supply chain, or engineering related discipline; Master's Degree in Business Administration or Engineering preferred.
  • 10+ years' relevant experience leading a technical category in sourcing, negotiating, contracting, supplier management, and project management.
  • Prior experience in global strategic sourcing and supplier management of plastics and/or injection molding, using strategic category management techniques to achieve results. Strong technical aptitude relating to these categories is required.
  • Understanding of the relevant processes for injection molding and capabilities, materials, supply base, and industry trends.
  • Success in selecting suppliers and negotiating contracts that deliver robust supply chain solutions.
  • Demonstrated success in scaling supply chains and managing supplier performance.
  • Demonstrated track record of measurable cost savings on an annual basis.
  • Experience in successfully using benchmarking and cost analysis tools to deliver negotiation outcomes.
  • Must possess the social intelligence to influence and lead at the most senior levels within the organization.
  • Ability to prioritize and work in a fast-paced dynamic environment.
  • Proficient with Microsoft Windows and Office applications, particularly Microsoft Excel.
  • Medical device or manufacturing experience highly preferred.
  • Other duties as assigned.

Additional Information:
  • Travel up to 25%, including international travel to suppliers and manufacturing sites.


Additional Information:
Compensation & Benefits:For U.S.-based positions only, the annual base salary range for this role is $124,875.00 - $187,312.50This position may also be eligible for incentive compensation.We offer a comprehensive benefits package, including:• Medical, dental, and vision insurance• 401(k) with company match• Paid time off (PTO)• And additional employee wellness programsApplication Details:This job posting will remain open until the position is filled.To apply, please visit the Insulet Careers site and submit your application online.Actual pay depends on skills, experience, and education.

Insulet Corporation (NASDAQ: PODD), headquartered in Massachusetts, is an innovative medical device company dedicated to simplifying life for people with diabetes and other conditions through its Omnipod product platform. The Omnipod Insulin Management System provides a unique alternative to traditional insulin delivery methods. With its simple, wearable design, the tubeless disposable Pod provides up to three days of non-stop insulin delivery, without the need to see or handle a needle. Insulet's flagship innovation, the Omnipod 5 Automated Insulin Delivery System, integrates with a continuous glucose monitor to manage blood sugar with no multiple daily injections, zero fingersticks, and can be controlled by a compatible personal smartphone in the U.S. or by the Omnipod 5 Controller. Insulet also leverages the unique design of its Pod by tailoring its Omnipod technology platform for the delivery of non-insulin subcutaneous drugs across other therapeutic areas. For more information, please visit insulet.com and omnipod.com.

We are looking for highly motivated, performance-driven individuals to be a part of our expanding team. We do this by hiring amazing people guided by shared values who exceed customer expectations. Our continued success depends on it!

At Insulet Corporation all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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About Insulet Corporation

Insulet Corporation is a medical device company that develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes. The company's flagship product, the Omnipod Insulin Management System, is a tubeless insulin pump that is worn on the body and controlled wirelessly by a handheld device. Insulet Corporation is headquartered in Acton, Massachusetts.
Learn more about Insulet Corporation
Size
2,300 employees
Market Cap
$20.6 billion
Industry
Net Income
$6.8 million
5 Year Trend
+24.5%
Revenue
$904.4 million
NASDAQ

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