Procurement Manager

Overview

Position summary / Main purpose of the role: Masimo Consumer makes cutting edge products that requires a highly specialised global supply chain. We are expanding and investing in the Strategic Procurement function to develop our supply chain commercial engagement capabilities, in order to best support the UK operations. The Procurement team at Masimo Consumer has a presence across 3 continents, and you will be working with colleagues across these regions to ensure an aligned and efficient Procurement strategy supporting our multiple brands. The role of Global Commodity Manager will be focused on identifying, securing and managing a global supplier network mainly in Far East for our UK operations where we make or award winning 800 Series Diamond and Nautilus products, as well as shaping the supply chain for some of our outsourced manufacture products. Your remit will of course cover existing product lines, but also to increase and improve our involvement in new product introduction sourcing/Procurement activities, in parallel with cross-functional stakeholders.Responsibilities

Lead and drive procurement sourcing actions to develop product costs throughout the NPI development process.Coordinate procurement of materials required to support ALL product builds of the product development process. Track, communicate status, and coordinate material readiness to support NPI deliverables throughout the project development. Must support materials deliverables for ALL stages of the project development.Provide solutions to cross-functional teams identifying supplier problems and corrective actions to maintain project schedule.Provide project status updates to the NPI team and present them to cross-functions.Build cross-functional relationships and aligned approaches to ensure the Procurement team are involved at the front end of processes, and are seen as a trusted business partnerObtain the optimal pricing for bought out finished components, measured on a total landed cost basisFocus on cost reduction, both through leveraging competition and value engineeringEvaluate supplier capabilities, implementing improvement plans as necessaryUtilise supplier scorecards to improve key supplier performance through QBR meetingWork with RandD/Engineering to execute sourcing activities for all new product introductionsMitigate supply chain riskImplement and maintain appropriate commercial agreements with suppliersProactively participate in all process improvement activities internally and externallyManage business tools (e.g. ERP system) ensuring that Procurement maintained fields maintain excellent data integrity at all timesDrive and establish Procurement processes as needed. E.g. sourcing, supplier managementManage supply chain ‘ramp down’ activities as projects reach the end of productionRequired Qualifications

Degree educated or equivalentHighly experience and knowledge of SAP systemExcellent interpersonal skills and great team player skillsAble to work under stress and pressure in a fast-paced manufacturing environmentProblem-solving and solid business decision-making skills with resilience where neededExperience working with a global supply chain especially Far East suppliers and as part of a global organisationProfessional, meticulous and balanced approach with strong attention to detailDemonstrated capabilities in successful supplier negotiationsExcellent understanding of best practice Strategic Procurement processes including supplier evaluation, selection and control, sourcing, supplier managementMS Office expertise, in particular Excel and PowerPointAbility to travel domestically and internationally if requiredDesired Qualifications

Direct material Procurement experienceDetailed experience and understanding of contract law and other commercial/supply chain agreements- Second languageAbout Us

Masimo Consumer is a newly formed division within Masimo, the most innovative remote patient monitoring company in the world. This division oversees the consumer audio business (formerly called Sound United) and Masimo''s expansion into consumer health. Masimo Consumer strives to improve lives through consumer centric innovations.One of the world’s largest portfolio audio companies, Masimo Consumer Audio is home to eight legendary audio brands: Bowers and Wilkins, Denon, Polk Audio, Marantz, Definitive Technology, Classé, Heos and Boston Acoustics. Each brand boasts its own philosophy and unique approach to bringing sound and home entertainment to life.With over 300 years of innovative audio and home solution expertise, Masimo Consumer Audio improves lives by creating distinct and immersive listening experiences for a wide range of consumers in more than 130 countries.To learn more about Masimo Consumer Audio and its brands, visit www.masimo.com.Why Masimo Consumer: We employ more than 1,800 associates in 18 countries, empowering us to take our brands to new heights. Masimo Consumer has a global face and a sales presence in over 130 countries with manufacturing, supply chains, distribution channels and associates in the United States, Europe, Japan, China, and other parts of Asia.High visibility, broad impact. This is a high growth, changing environment, and you will have the opportunity to really make an impact on our systems and processes and how we enhance them. In addition to being exposed to new projects and learning new skills, this role also positions you to interact with a variety of departments, teams and leadership groups on a global basis.Great time to join. We are proud to provide premium audio/video experiences to both commercial and consumer markets and, we\''re experiencing healthy growth. When you\''ve proved yourself a star and are ready for the next career step, the opportunities will be there. Cultural experience. You will have regular exposure to many cultures. We\''re in over 130 countries, so you\''re not just focused on one culture, but will enjoy working with many. Building on success. Our growing portfolio of premium audio and video products and the new consumer health line delivers the best in design, technology, innovation and performance to a variety of customers who seek to enrich the moment with pure sound and vision. Our well-respected products continuously win industry awards and accolades. We are investing in growth and expanding our product lines, distribution channels and markets, and our teams, making this an exciting time to be part of Masimo Consumer. Excellent compensation, benefits and work environment. In addition to a competitive salary, attractive incentive program, we offer a collaborative work environment and professional development opportunities. Join MASIMO CONSUMER and let’s build an even greater company ..... full job details .....