Director, Procurement - Life Sciences

Ingersoll Rand - Davidson, NC

Full-time - Senior

Remote - Davidson, NC

Machinery Manufacturing

About the position

The Director, Procurement - Life Sciences will be responsible for the strategic sourcing function of the Life Science platform globally, reporting directly to the VP-Global Sourcing and Logistics. This role will also have a dotted line report to the SVP & GM, Life Sciences. Currently, this position manages a team of ~8 associates.

Responsibilities

• Develop and execute commodity strategies to deliver YOY direct material productivity including balancing in-region spend with best cost country spend.
• Utilize and expand established best practice (reverse auction, PPV workshops, I2V teardowns, etc).
• Manage supplier relationships and oversee new supplier development to reduce overall supply chain risk.
• Understand contractual obligations to customers and work with the commercial and engineering teams to reduce sole/single sourced vendors.
• Work with New Product Development and I2V teams to utilize preferred suppliers and ensure best cost and quality.
• Lead synergy delivery (per business case) for new acquisitions.
• Identify and execute strategies to deliver net working capital by extending supplier terms.
• Partner with operations team to identify and execute on opportunities to reduce inventory.
• Expand vendor managed and consignment inventory agreements with suppliers to improve net working capital while preserving/reducing lead time.
• Continuously review, develop, and improve talent on the Life Sciences strategic sourcing team.
• Ensure compliance with all contractual and governing body (FDA, EU, etc.) regulations impacting supply chain.
• Maintain awareness of future regulations and their potential impact to IR.
• Improve supplier compliance with in-house and third party regulatory best practices.
• Assist in completing submissions to third party regulatory agencies as needed.

Requirements

• Bachelor's Degree in Engineering, Supply Chain, Operations, Business or related field of study.
• 8+ years strategic sourcing experience, with at least 3 years in a leadership position.
• Demonstrated excellence in supplier/category strategy development, vendor assessment, and negotiation preparation/execution.
• Professional communication; both verbal and written are required.
• Ability to travel up to 35%.

Benefits

• Health care options including medical and prescription plans.
• Dental and vision coverage.
• Wellness programs.
• Life insurance.
• 401(k) plan.
• Paid time off.
• Employee stock grant.