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Category Specialist - Electronics

Terumo BCT, Inc. · Lakewood, CO, US · United States · On-site

Pay: USD 104,600 – 130,800 a year

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Requisition ID:  35266   At Terumo Blood and Cell Technologies, our 8,000+ global associates proud to come to work each day, knowing that what we do impacts the lives of patients around the world. For Terumo, for Everyone, Everywhere. We make medical devices and related products that are used to collect, separate, manufacture and process various components of blood and cells. With our innovative technologies and service offerings, we touch a patient’s life every second of every day and are committed to continuing to increase the number of patients we serve. Advancing healthcare with heart. With some of the best and brightest minds in the industry, an unmatched global footprint, comprehensive benefits and a distinct culture, Terumo Blood and Cell Technologies is a great place to work, grow and be part of a team that is focused on making a difference. Join us and help shape wherever we go next. You create your future and ours. As the Category Specialist , you'll be responsible for enabling the business’ Sourcing Category strategy. Continuously improve the Company’s purchasing practices by identifying and leading efforts to proactively optimize category spend, manage supplier performance, reduce inventory, mitigate procurement risks, gain visibility to total spend and reduce total costs. Perform spend analysis to ensure best in class category sourcing leverage. Operates under the supervision of Category Manager and/or Sr. Manager, as an extension of the category manager and secondary contact for negotiation and supplier management with the Terumo Blood and Cell Technology (TBCT) supply base, responsible for the category and supplier strategy on a global basis. The Category Specialist will support the development, implementation and management of global strategies to provide the segment with supply assurance, pricing, flexibility, optimal inventory levels, lead-times, cycle times, quality and delivery performance.  ESSENTIAL DUTIES Drive and manage supplier performance for on-time delivery, supply stability, cost management and cost increase mitigation. Pursue category performance improvement to stated goals: Lead time improvements, Minimum Order Quantity improvements, Localization or Vendor Managed Inventory opportunities, Payment Terms, Incoming Quality, optimized inventory levels and increase inventory turns. Identify and execute alternate sourcing, supplier consolidation and localization to maximize pricing leverage, and cycle time improvements. Drive and manage enhanced margin through improved material cost savings. Monitor current category market conditions, technology roadmaps and identify supply/demand challenges. Develop, implement and communicate tactical and strategic category plans internally as appropriate. Understand Internal and Supplier Manufacturing Processes to improve cost and reduce waste. Collaborate with internal stakeholders and suppliers to develop and optimize business processes to…