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Procurement Senior Manager
About The Position
- Lead, mentor and develop the procurement team, including workload planning, priority setting, performance management and professional growth.
- Define, execute, and oversee procurement strategy and plans of Insigthec direct BOM goods and services suppliers.
- Lead daily procurement activities execution, including issuing purchase orders, confirmations, expediting and maintaining accurate data in the ERP system.
- Serve as the primary contact for procurement related questions, training, policy and alignment by all departments.
- Ensure continuous material availability to support production builds, service needs and consumable treatment kits.
- Manage supplier relationships at a strategic operational level, including tiering, performance oversight, suppliers onboard support and risk evaluation.
- Manage suppliers’ performance (OTD, shortages, recovery plans, etc.) and escalate when needed.
- Lead the operational suppliers ECOs implementation, including phase-in/phase-out coordination, inventory exposure review, and rework/scrap decisions in coordination with Planning, Finance, ME & QA.
- Support engineering projects, including NPIs, with procurement readiness, risk identification and suppliers’ alignment. Lead suppliers’ transitions (supplier-to-supplier or make-to-buy), ensuring seamless operational execution.
- Provide operational support for sourcing activities, including input on LT, MOQ, logistics, service levels, operational constraints and suppliers’ readiness.
- Collect, validate and analyze suppliers’ price quotations to support sourcing decisions. Identify, assess and escalate suppliers price increases while creating mitigations to maintain BOM costs.
- Drive operational cost-reduction and Total Cost of Ownership (TCO) improvement initiatives, focusing on LT/MOQ optimization, supplier performance and logistics efficiency. Works with Finance to manage procurement budget and cash plan execution on regular basis.
- Implement best practices in procurement process and suppliers’ management. Promote continuous improvement through enhanced procurement processes, visibility tools, dashboards and compliance requirements.
- Maintain strong communication with internal stakeholders and external suppliers to ensure alignment, execution, and timely issues resolution and solutions.
- Conduct quarterly business review meetings with strategic suppliers and FTK suppliers.
Requirements
- B.Sc. or higher degree in Engineering / Management.
- 5-7 years managing procurement teams, procurement VOB higher than $50M.
- 10 years procurement experience with multi-disciplinary products, including electronic and mechanical. At list 3-5 years at medical devise OEM.
- Proven record managing full turnkey and turnkey suppliers in Israel and abroad.
- Proven records with procurement process improvement projects, implemented operational excellence processes related to efficiency and BOM cost reduction.
- Strong analytical and ERP skills to lead a KPI driven organization.
- Very high level of English communication skills both spoken and written.
Advantages:
- Experience with commercial contract reviews or suppliers’ agreements
- ERP priority
- M.Sc.