Director, Procurement

About This Role

iRhythm is currently seeking an experienced Director, Procurement. Our work environment is fast-paced, with a collaborative atmosphere. Most of all, we are passionate about delivering innovations that improve the quality of health care and the patient experience. In this role, you will scale the function to support the growth of the business and to bring best practices to the management of $100M in annual Direct & Indirect purchases. We are looking for like-minded individuals to join our team today!

Specific job responsibilities include:

•  Lead and scale the procurement function (Direct and Indirect) to support the rapid growth of the business, in a manner that maximizes contribution to the achievement of business objectives, profitability and return on investment.
•  Implement best practices from standard category management, and innovative approaches, to identify and execute opportunities to drive cross-company savings and operational improvements in category management.
• Work as a strategic business partner to develop and prioritize procurement change programs and projects to enable delivery of short- and long-term objectives.
• Direct overall supply chain operations, including purchasing, inventory and vendor selection to ensure operations are executing at the highest level of performance based on key performance metrics and minimized supply chain risk.
• Utilize data monitoring and analytics to evaluate past performance and trends and forecast inventory and distribution requirements.
• Work with other functional leaders across finance, IT and manufacturing to drive short- and long-term improvements in the P2P process, including automation, selective outsourcing and/or leveraging strategic alliances to maximize ROI.
• Develop risk management strategies to mitigate supply chain disruptions, ensuring quality and regulatory compliance.
• Oversee the indirect purchasing team to ensure superior customer services offered to internal users on purchasing requests.
• Develop standard inventory planning model, achieve and maintain inventory targets.
• Lead, mentor, and develop a high performing Procurement team to support manufacturing and corporate goals.
• Develop relationship with key suppliers and manage supplier performances.

About you:

• Action orientation, ability to thrive in a fast paced, rapidly changing, collaborative environment.
• Bachelor's Degree and 10-15 years of experience in procurement operations and strategic sourcing
• Medical Device, Pharma, or Biotech experience (7+ years); thorough understanding of ISO 13485 and FDA regulations.
• Prior experience in developing and implementing category strategies and sourcing efforts for indirect procurement areas such as IT, capex, marketing, facilities, and services required.
• Prior experience in contributing to automation and / or process improvement in the P2P process of a rapidly growing company preferred.
• Prior experience in the utilization and implementation of ERP/MRP systems. Knowledge of QAD and/or SAP preferred.
• Effective communicator with ability to influence at all levels.
• Strong analytical skills, and the ability to drive effective analysis and process steps toward transformations and or landing key projects.
• Comprehensive knowledge on contract commercial terms and ability to lead supply agreement negotiations independently.
• Ability to operate in a fast-paced environment and juggle shifting priorities and tight timelines.

What's In It For You

This is a regular full-time position with competitive compensation package, excellent benefits including medical, dental, and vision insurances (all of which start on your first day), health savings account employer contributions (when enrolled in high deductible medical plan), cafeteria plan pre-taxed benefits (FSA, dependent care FSA, commute reimbursement accounts), travel reimbursement for medical care, noncontributory basic life insurance & short/ long term disability. Additionally, we offer:

• emotional health support for you and your loved ones
• legal / financial / identity theft/ pet and child referral assistance
• paid parental leave, paid holidays, travel assistance for personal trips and PTO!

iRhythm also provides additional benefits including 401(k) (with company match), an Employee Stock Purchase Plan, pet insurance discount, unlimited amount of Linked In Learning classes and so much more! 

FLSA Status: Exempt

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