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Cochlear Americas Strategic Sourcing Manager in Lone Tree, Colorado

Change people's lives and love what you do! Cochlear is the most recognized brand in hearing health care.

Strategic Sourcing Manager

Change people's lives and love what you do! Cochlear is the most recognized brand in hearing health care.

About the role

Cochlear is helping people hear, and be heard, all over the world. Come be a part of our amazing mission! This is a fantastic opportunity to join the Procurement team at the global leader in implantable hearing devices! In this role, you will be based in our Americas head office in Lone Tree, CO. This role is hybrid, requiring you to be in the office 2 days per week minimum, with 3 days per week working from home.

Your success in this role is measured by your ability to manage effective sourcing strategies and supplier relationships with direct responsibility for commercial, contractual, legal and financial outcomes so that Cochlear achieves maximum value from its supplier arrangements.

This position will be accepting candidates through June 21, 2024.

Key Responsibilities

Sourcing Strategy

  • Provide input to and implement strategic sourcing and operational plans which integrates with the overall business strategy; identifying opportunities to support and implement programs that significantly reduce operating and capital expenditure.
  • Develop, Implement and manage appropriate strategies and processes to ensure relationships with key suppliers deliver value added, competitive solutions which enable Cochlear's strategic and operational objectives to be met; inclusive of RFP processes.
  • Be a Partner to the CAM business and leadership team to conduct analysis and develop business cases for key regional and global initiatives.

Design and Implement Supplier Alliance Frameworks and practices across Cochlear to drive business objectives and performance

  • Oversee the development of appropriate sourcing / procurement / purchasing management systems and categories. Be responsible for clearly defined and documented procurement processes.
  • Influence internal stakeholders and internal customers to adopt and comply with sourcing/procurement/purchasing management systems and process documentation developed.
  • Look cross functionally for solutions, engage and influence multiple business units for a better outcome.
  • Implement within the Indirect team a customer service mindset/framework with Internal Cochlear stakeholders to increase the likelihood of adoption of and compliance to management systems and process documentation.

Business Partnering

  • Measure, monitor and report on customer satisfaction and vendor performance and implement continuous improvement strategies
  • Provide commercial advice/direction, risk analysis and assistance with dispute resolution to internal Cochlear teams in relation to supplier and contract management.

Establish new supplier relationships that add value to Cochlear

  • Acquire market knowledge for new and alternative indirect services whose adoption might improve company efficiency, productivity or cost
  • Understand specific markets, landscapes, drivers, alternative business models and complexities to deliver supplier innovation, improved quality and cost to the business
  • Implement supplier agreements, embed a flexible and robust supplier relationship management program across key suppliers and categories

Metrics and Reporting

  • Work with the global Procurement teams to define the related data, information and reporting necessary to support the Supplier Performance management processes.
  • Support the global Procurement teams to deliver reporting and data integrity to the wider Business Units.

Key Requirements

To add value to Cochlear in this role you'll be able to meet and demonstrate the following knowledge, skills and abilities in your application and at interview:

Required Qualifications

  • Sourcing/Procurement Experience - 5+ years
  • Tertiary qualifi ations in a relevant discipline (business, management, legal, commercial)Experience in a commercial environment, incorporating project, service delivery, technology or supplier management
  • Astute in the management and operation of suppliers with proven ability to assess the capability suppliers and commercial proposals
  • Strong negotiation skills with a proven track record in supplier management
  • Sound understanding of supplier contracts and the initiative to seek timely advice on technical and operational perspectives from both internal and external sources to ensure the most favorable commercial outcomes
  • Able to work autonomously and as part of a team
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