The Opportunity That Awaits You: The person in this role will be responsible for helping in the supplier identification and selection for direct materials to support new and existing products for scale up, cost reduction, quality improvement, risk reduction etc. They will also be expected to identify & resolve supply issues that could impact new product timelines or production builds.
What Your Day-To-Day Will Involve:- Drive supplier identification and selection for all commodities required to manufacture Procept products. This includes metals, plastics, PCBAs, cables, and various electronic components in coordination with Strategic Sourcing and Supply Chain leadership.
- Act as primary liaison between Supply Chain organization and all internal and external partners for covered programs.
- Analyze, track, organize, and present cost-related data in clear, concise formats for all levels of technical and non-technical audiences.
- Negotiate Supply Agreements with suppliers with a goal to secure Procept's interests in quality, cost, delivery, capacity, and performance.
- Responsible for driving assigned programs and projects to manage supplier selections, supply chain risk management (Tier 1 and sub-tier) and reduce supply continuity risk(s).
- Support Bill of Materials (BOM) cost reduction targets through competitive sourcing techniques.
- Conduct RFQ, RFI, and negotiate favorable prices and terms of purchase to provide sustainable cost, quality, and adherence to procurement policies.
- Supports the development of commodity strategies and will help execute approved commodity strategies.
- Participate in supplier quarterly reviews and communicate expectations.
- Lead or participate in the continuous improvement of business processes and tools.
- Maintain trained status for, and comply with, all relevant aspects of the PROCEPT BioRobotics Quality Management System to ensure product and support regulatory compliance.
The Qualifications We Need You to Possess- Minimum of 8+ years with a BS degree in an Engineering discipline, Business Administration or related field required, or 5+ years of experience with a Master's degree, focused on direct materials management for both new and existing products.
- PMP or PMI certifications from an accredited organization are preferred.
- Experience with and a functional understanding of the manufacturing processes utilized by the suppliers of mechanical components (precision machining, sheet metal, plastic injection molding and other plastics processes) or contract manufacturing, OEM or electro-mechanical components (motors / sensors), or electronic components (PCA/PCBA/Optics, etc.,)
- Experienced with supplier negotiations, contract development, and experience with make vs. buy decisions & ROI analysis is preferred.
- High analytics capability and experience
- Excellent communication skills including verbal, email and presentation.
- Working knowledge of buying, material planning, master scheduling, and forecasting. Certifications: CPSM, CPIM, and/or PMP is a plus.
- Demonstrates concern for precision and thoroughness.
- Ability to proactively follow-up on areas of responsibility in a timely manner.
- Experience working with engineers and manufacturing personnel for prototype parts procurement, pilot activities and production launch of new products.
- Ability to enjoy and work effectively in a fast-paced environment.
- Significant computer experience including MS Office products and ERP systems. Strong MS-Excel skills.
- Read and have a basic understanding of engineering drawings.
- Basic understanding of data visualization tools (similar to Tableau, Power BI etc.,) is a plus Knowledge of Cost of Goods Sold (COGs) and cost levers.
Pay Range for this role:
$136,650 to $160,770
