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Procurement Director
2 months ago
Medisca is a global corporation with a strong presence in North America, Australia, and Europe, dedicated to contributing to healthcare through customized solutions and a commitment to quality and innovation.
Job Summary:The Director of Procurement will oversee and optimize all aspects of the global procurement process to ensure the organization's operational and financial objectives are met. This role requires a strategic thinker with a focus on pharmaceutical sourcing and vendor networks experience.
Key Responsibilities:- Develop and execute a comprehensive global procurement strategy, encompassing organizational requirements, departmental growth, and vision for one-, three-, and five-year projections.
- Collaborate with key stakeholders to understand business needs and requirements.
- Stay up-to-date with industry regulations, market dynamics, and technological advancements in sourcing and procurement, and suggest and implement process improvements as needed.
- Identify and implement cost-saving initiatives without compromising quality or efficiency.
- Streamline and improve procurement processes to enhance efficiency and reduce lead times.
- Implement best practices and innovative solutions to drive continuous improvement.
- Strategically expand and diversify the pharmaceutical vendor network to enhance Medisca's competitive advantage.
- Cultivate and maintain strong relationships with key vendors and suppliers around the world, fostering open communication, trust, and collaboration to ensure a reliable and sustainable value chain.
- Negotiate and finalize contracts, ensuring favorable terms and conditions for the organization.
- Establish and monitor key metrics and KPIs to measure the performance and effectiveness of the procurement function.
- Analyze data to identify trends, areas for improvement, and opportunities for cost savings.
- Present findings, recommendations, and strategic insights to senior management in a clear and concise manner.
- Identify and mitigate potential risks associated with procurement activities, working closely with legal and compliance teams.
- Develop and implement risk mitigation strategies to safeguard Medisca's interests.
- Ensure procurement activities comply with relevant laws, regulations, and company policies.
- Lead and mentor the procurement team, fostering a collaborative and results-driven culture.
- Mentor and coach members of your team and guide them to perform at their best.
- Foster a high-driven and engaged culture within the team that promotes a commitment to operational excellence.
- Bachelor's degree in supply chain, business administration, or a related field.
- Eight (8) plus years of proven experience in procurement, with at least five (5) years in a leadership role.
- Vast experience in sourcing of pharmaceutical raw materials.
- Technical/scientific knowledge of API's and GMP regulatory environment for each country and region.
- Experience working with AI and technology to enhance efficiencies.
- Knowledge of the Microsoft Office suite required.
- Excellent communication skills; fluent English (oral & written).
- Excellent leadership and team management abilities.
- Strong negotiation, contract management, and vendor relationship management skills.
- Excellent analytical and problem-solving abilities, with a keen eye for detail.
- Work/Life Balance hour workweek with early Fridays all year long, PTO and vacation policy.
- Invest in your health – Choice of modular plans, health spending account and free Telemedicine.
- Your well-being is important – Wellness program offered.
- Flexible work environment – Hybrid work schedule with home office reimbursement program.
- Your Future is Bright – Opportunities to learn and grow within Medisca.
- Save for your Future – Medisca contributes to a deferred profit sharing plan (DPSP) when you invest in RRSPs.
- Help us grow – Employee Referral Program.
- Central location - Free parking/accessible by public transportation; a commercial center is within walking distance for lunch or groceries.
- We like to have fun – Company events throughout the year.