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Commodity Analyst

Date: Aug 6, 2019

Location: Lakewood, CO, US

Company: Terumo BCT, Inc.

Requisition ID:  23650  

 

JOB SUMMARY

Responsible for driving the businesses commodity strategy.  Continuously improve the Company’s purchasing practices by identifying and leading efforts to proactively consolidate commodity 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 commodity leverage and other cost optimization opportunities to generate cost savings for assigned categories. Acts as the internal team leader and primary contact for negotiation and supplier management with the TBCT supply base, responsible for the commodity strategy on a global basis. 

The Commodity Analyst will support the development, implementation and management of global strategies to provide the segment with optimal inventory levels, lead-times, cycle times, supply assurance, pricing, flexibility, quality and delivery performance.  Operates with limited supervision.

 

ESSENTIAL DUTIES

 

This position is/will:

 

  • Drive alternate sourcing, supplier consolidation and localization in order to maximize pricing leverage, and cycle time improvements.
  • Prepare Business Cases, including ROI models, and effectively present Cost Savings proposals to appropriate parties for approval and qualification.
  • Continually identify and implement new opportunities for Cost Savings and Cost Avoidance and proactively track the progress toward these objectives.
  • Negotiate business T & C's relating to: payment terms, delivery terms, inventory strategies, lead times, price reduction and other strategic issues with key suppliers.
  • Lead in the development and execution of regional negotiation strategies with suppliers, including specific targets for pricing, service, quality, and inventory.
  • Primary supplier relationship manager for specific commodity suppliers for Terumo BCT spend
  • Drive and participate in Cost Break down Analysis projects with the supply base to find areas of savings opportunities from both sides.
  • Define and review the Preferred Supplier List taking into account supplier performance, print position and easy of doing business in order to establishing regional sourcing strategies and consolidate the supply base.
  • Provide rigorous analysis of spend data and market trends/dynamics by site to prioritize and launch sourcing initiatives within designated spend/commodity categories.
  • Provide monthly feedback on supplier development, alternate regional supply sources, raw material costs, commodity pricing trends and supply/demand situations that could impact the business.
 


 

MINIMUM QUALIFICATION REQUIREMENTS

 

Education

Bachelor’s degree or equivalent of education and experience sufficient to successfully perform the essential functions of the job may be considered.

 

Experience

Minimum 3 years’ experience in procurement/sourcing/purchasing. SAP experience highly preferred.

Large, multi-national, medical device company experience preferred.

Operational Excellence (Lean, Six Sigma, or Similar) experience preferred.

 

Skills

  • Knowledge and use of relevant PC software applications and skills to use them effectively.
  • Demonstrated ability to communicate effectively both verbally and in writing.
  • Highly self-motivated team player who can work effectively with management, business unit personnel, and other stakeholders.
  • High energy with a demonstrated ability to learn.
  • Demonstrated ability to interact with diplomacy and tact while maintaining appropriate assertiveness and persistence.
  • Demonstrated analytical thinking skills and the demonstrated ability to solve complex problems.
  • Proven ability to positively persuade and influence decision making, at all levels in the organization
  • Person of true convictions; Willing to stand up for those convictions; Able to communication, reinforce and coach/counsel others on those convictions; Unafraid of change / improvement
  • Interpersonal skills that could be described as “firm but fair”; Objective yet compassionate in evaluating performance; Can connect all people of the organization to the mission and goals of the organization.
  • Ability to prioritize very well and maintain appropriate balance in a fast-paced, heavy-workload environment.
  • Sound problem-solving skills in both functional areas of operations and interpersonal relationship management.
     

Certificates, Licenses, Registrations

  • APICS and/or CPSM certification or willingness to work towards same.

-Or-

 

An equivalent competency level acquired through a variation of these qualifications may be considered.

 

 

PHYSICAL REQUIREMENTS


Willing to Travel regional and globally as required up to 25%.
 

Typical Office Environment requirements include: reading, speaking, hearing, close vision, walking, bending, sitting, and occasional lifting up to 20 pounds.

 

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential duties of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

 

We are proud to be an Equal Opportunity Affirmative Action Employer.  All applicants will be afforded equal opportunity without discrimination because of race, color, religion, sex, gender identity or expression, sexual orientation, marital status, order of protection status, national origin or ancestry, citizenship status, age, physical or mental disability unrelated to ability, military status or an unfavorable discharge from military service.

 

Terumo BCT is committed to providing a safe and secure working environment.  We maintain a drug-free workplace and perform pre-employment substance abuse testing and detailed background verification checks.  To this end, all employment offers for positions in the U.S. are conditional upon successful completion of Terumo BCT's pre-employment screening process.  As of January 1, 2017 the Terumo BCT Lakewood, Colorado location will be a tobacco-free workplace. For more information about Terumo BCT, visit our website www.terumobct.com/careers.


Join Terumo BCT as we unlock the potential of blood. We are a global leader in blood component and cellular technologies, and the only company with the unique combination of apheresis collections, manual and automated whole blood processing, and pathogen reduction coupled with leading technologies in therapeutic apheresis and cell processing. We believe in the potential of blood to do even more for patients than it does today. This belief inspires our innovation and strengthens our collaboration with customers.

 

As the largest medical device manufacturing company headquartered in Colorado, we are home to more than 2,300 associates and our products are in use in more than 125 countries and territories. Our Global footprint includes more than 5,500 associates and partners with regional headquarters in Brussels, Buenos Aires, Singapore and Tokyo.

 

Our company has almost $1B in annual revenues and has been voted and recognized as:

  • Largest corporate sponsor in Rocky Mountain Region for Leukemia and Lymphoma Society (LLS)
  • Winner of the Association for Talent Development (ATD) BEST Award for providing exceptional employee learning and talent development (2011 & 2012)
  • One of Colorado’s Healthiest Employers by Denver Business Journal (2014 & 2015)
  • Recipient of the Way to Go Employer award through the Denver Regional Council of Governments (DRCOG) 2015

 

Our award-winning culture embraces:

  • Leading technology through innovation and R&D
  • Wellness programs
  • Commitment to quality
  • An environment that values, respects and rewards your individual contributions
  • A philosophy of intentional growth and responsiveness to world health issues

 

Click Here to see what our associates have to say about our culture.

 

Each associate has a positive impact on our future by:

  • Connecting to the lives of the patients we ultimately serve
  • Growing through professional and leadership development activities
  • Sharing company success through incentive plans

 

If you are the best at what you do and want to do work that is changing the delivery of healthcare globally, we invite you to work with us now to see how we can unlock your potential.


Nearest Major Market: Denver

Job Segment: Medical, ERP, Telecom, Telecommunications, Lean Six Sigma, Healthcare, Technology, Management