[Hiring] Advisor, Strategic Sourcing Global Products @Cardinal Health

Role Description

Global Sourcing is responsible for creating and managing diverse strategic supplier partnerships that drive enterprise value with innovation, best cost and competitive advantages that benefit customers, suppliers and patients. Develops and executes strategic plans by leveraging market intelligence, industry knowledge and cross-functional collaboration. Competitive advantage is created through supplier selection and management, contract negotiation, supply chain optimization and risk mitigation.

This position is responsible for coordinating and executing new product introduction and commercialization projects for medical products sourced from third-party medical device manufacturers and/or self/contract manufactured. The Advisor collaborates with Marketing, Sourcing, Engineering, Quality, Regulatory, Operations, Logistics, and external suppliers to facilitate the identification, sourcing, setup, and launch of products that fill portfolio gaps.

Responsibilities

• Responsible for creating RFP’s & aligning associated award recommendations in accordance with Cardinal Health’s sourcing process.
• Supports a portfolio of projects assigned to fill portfolio and category gaps.
• Support improvements to Private Brand sourcing and new product introduction processes by contributing to the identification of handoff gaps, recurring barriers, and opportunities to simplify execution.
• Facilitate and coordinate cross-functional project activities for the introduction and commercialization of new Private Brand medical products sourced from third-party manufacturers.
• Collaborate with Marketing to gather information for defining product needs, confirming business priorities, and supporting product selection decisions.
• Partner with Logistics, Trade Compliance, Planning, Warehousing, and Distribution teams to confirm import requirements, lane setup, warehouse readiness, inventory planning, and distribution network execution.
• These include products for hospital equipment, hygiene, skin management, respiratory, anesthesiology, textiles, resin based commodity items, and more.
• Collaborates with internal and external resources to champion cross-functional sourcing initiatives.
• Drives cost reduction pipeline initiatives that facilitate business owners achieving their business unit goals and financial targets.
• Perform data analysis and utilize financial acumen to identify opportunities to leverage scale and drive cost savings.
• Global experience in category management, including technical product knowledge, cost drivers, related industry dynamics and market trends.
• Develop creative solutions to resolve issues.
• Verify and monitor that deliverables meet applicable quality, regulatory, commercial, sourcing, and operational requirements.
• Estimates Landed Cost using LCM tool and supports Should Cost analysis engagement.
• Track and Manage implementation of price lists.
• Manage the NDA processes for the team.
• Support as an SME in ordering samples within Cardinal.
• Manage critical contracts and ensure new elements are appropriately amended or documented.

Qualifications

• Bachelor’s Degree and at least 5 years of experience in developing targets, developing global strategic sourcing strategies, and delivering breakthrough levels of performance improvement across a portfolio of assigned categories for an FDA-regulated medical device manufacturer or a healthcare company with annual sales more than $5 billion, preferred.
• 5 years of experience developing and implementing requirements/change management methodologies to execute strategic sourcing activities, preferred.
• 5 years of experience developing and implementing requirements to execute and enhance day-to-day sourcing activities, preferred.
• Knowledge of the strategic sourcing procurement lifecycle and procurement best practices and methods. Demonstrate how this knowledge has been applied, preferred.
• Experience in diagnosing, isolating, and resolving complex issues and recommending and implementing strategies to resolve problems, preferred.
• Experience coordinating and facilitating executive management meetings, preferred.
• Strong project and process management to execute supply strategy for assigned categories with cross functional teams, preferred.
• Experience with contract requirements to negotiate critical terms and conditions in line with category strategy, preferred.
• Advanced skill level in Microsoft Excel, Microsoft PowerPoint, and Microsoft Word, and familiarity with Tableau, preferred.
• Ability to read specifications, drawings etc., preferred.
• Experience of leading global cross-functional teams within a large matrix organization, preferred.
• Familiarity with manufacturing, quality, and supply chain processes to support supplier selection and performance management, preferred.
• Strong interpersonal, verbal, and written communication skills; able to communicate effectively and interact with personnel at various levels of expertise in a global landscape, preferred.
• Willing to travel at least 5% for business purposes (within the country and internationally).

Requirements

• Deliver on yearly tangible corporate goals.
• Applies advanced knowledge and an understanding of concepts, principles, and technical capabilities to manage a wide variety of projects.
• Participates in the development of policies and procedures to achieve specific goals.
• Recommends new practices, processes, metrics, or models.
• Works on or may lead complex projects of large scope.
• Projects may have significant and long-term impact.
• Provides solutions that may set precedent.
• Independently determines method for completion of new projects.
• Acts as a mentor to less experienced colleagues.

Benefits

• Medical, dental and vision coverage.
• Paid time off plan.
• Health savings account (HSA).
• 401k savings plan.
• Access to wages before pay day with myFlexPay.
• Flexible spending accounts (FSAs).
• Short- and long-term disability coverage.
• Work-Life resources.
• Paid parental leave.
• Healthy lifestyle programs.