Senior Manager, Procurement

Senior Manager, Procurement

Marlborough, MA, United States

Why Hologic:

Hologic empowers people to live healthier lives everywhere, every day. We are the leading Innovator in women's health, helping healthcare professionals around the world diagnose and treat their patients with precision, certainty and confidence.

What to expect:

Develop category sourcing strategies and execute sourcing events both as an individual contributor and by influencing and advising a network of Hologic procurement team members. Partner with cross-functional stakeholders to drive savings, demonstrate value, and achieve optimal total cost of ownership through supply base management, internal demand management, and process/policy enhancements. Accountable for overall category management & supplier performance within assigned categories.

Essential Duties and Responsibilities:

o Category Strategy Development

 Perform supply market research to inform category sourcing strategies. Advise stakeholders of actionable insights based on this data.

 Design and execute a long-term roadmap for strategically sourcing a complex Indirect commodity categories including Marketing, R&D, Engineering, Clinical, and Professional Services.

 Maintain category profiling methodology and category governance decisions.

o Engagement & Leadership

 Deliver expertise as trusted advisor to Executive stakeholders.

 Lead a team of cross-functional stakeholders in the governance of category sourcing activities, delivery of annual cost reduction commitments, areas of efficiency, and oversight of SRM activities.

 Lead standardization of requirements and specifications by managing stakeholder input and feedback channels.

 Provides mentoring and oversight of other Category Managers.

o Supplier Management/Supplier Development

 Oversee supplier identification, evaluation and exit where applicable.

 Ensure supply agreements meet or exceed Hologic’s contract standards for protecting/improving cost, quality, and service while maintaining supplier accountability for non-performance.

 Responsible for contract lifecycle management, including effectively enforcing Hologic/Supplier obligations and leading timely action on contract renewal/termination decisions. Experience working with Legal Teams a plus.

 Build and maintain effective relationships with strategic suppliers to drive supplier development activities.

 Monitor supplier performance and lead key supplier Business Reviews with corporate and divisional senior leaders.

o Cost Management

 Perform market analysis, benchmarking, total cost modeling, and spend analysis within assigned scope

 Lead and/or facilitate bidding (RFI/RFP/RFQ), supplier selection, and negotiation processes.

 Accountable for cost management, including PPV and price negotiations.

What we expect:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the basic knowledge, skills, and/or abilities required.

• Demonstrates expertise across a complex set of spend categories, including knowledge of marketplace dynamics, supplier profiles, current events, and technical processes/capabilities.

• Strong analytical aptitude, including financial modeling, should-cost, and TCO analysis.

• Strong executive presence and ability to articulate a cogent category strategy.

• Expert negotiation and conflict resolution skills.

• Demonstrates ability to lead without authority

• Proven strategic thinker that delivers exceptional results and acts with sense of urgency.

• Technical acumen to demonstrate expertise within their assigned Category domain.

Education and Experience:

• Bachelor's degree required in Business, Engineering, or related field; MBA/Master’s degree preferred.

• CPM Certification a plus

• 10+ years’ experience in Supply Chain, Global Strategic Sourcing, or equivalent.

• Demonstrated strength as team leader to effectively navigate a rapidly evolving environment and create followership.

Travel:

• Up to 5% travel

• Work schedule, 4 days in office

The annualized base salary range for this salaried role is $126,700.00 to $211,200.00 and is bonus eligible. Final compensation packages will ultimately depend on factors including relevant experience, skillset, knowledge, geography, education, business needs and market demand.

Agency and Third-Party Recruiter Notice:

Agencies that submit a resume to Hologic must have a current executed Hologic Agency Agreement executed by a member of the Human Resource Department. In addition, Agencies may only submit candidates to positions for which they have been invited to do so by a Hologic Recruiter. All resumes must be sent to the Hologic Recruiter under these terms, or they will not be considered.

Hologic is an equal opportunity employer inclusive of female, minority, disability and veterans, (M/F/D/V).

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Same Posting Description for Internal and External Candidates