As a Category Manager – Direct Materials, you will be responsible for implementing category strategies and managing a portfolio of spend for Lantheus Medical Imaging. This key position is responsible for leading sourcing initiatives with functional business partners across the organization. As a key link between Internal Stakeholder Groups, Supply Chain Planning, and External Suppliers, the role holder is accountable for understanding key business drivers and ensuring that operational requirements are fulfilled. You should be experienced in cross-functional collaboration, and use of strategic sourcing best practices to maximize value in terms of cost savings/avoidance, demand management, risk reduction, supplier performance, and contract management.
The role holder conducts internal and external spend and market analyses, identifies opportunities, leads sourcing teams, negotiates contracts and manages key supplier relationships. The role holder is an energetic, flexible team player capable of forming strong relationships throughout the entire organization, in addition to successfully leveraging resources, processes and tools to achieve desired outcomes.
Scope includes management and development of external spend in the following categories; Raw Materials, Printed & Packaging Materials, Devices, Technical Production Components, and Contract Manufacturing Organizations.
The role, located in North Billerica, MA, reports to the Associate Director–Strategic Sourcing and Procurement (who is also located in North Billerica, MA). This is an 'individual contributor' role (there are no direct reports).
Key Responsibilities/Essential Functions
Broad knowledge of strategic sourcing processes, this knowledge should include, but is not limited to:
Lead strategic sourcing initiatives with internal business partners for specific functional areas
Ensure implementation of strategies in a coordinated way across the Lantheus Organization
Lead supplier selection and recommendation activities including qualitative and quantitative analysis, selection criteria, long and short lists, RFI and RFP development and analysis
Maintain external/marketplace awareness, related to trends within responsibility scope and sourcing best practices
Understand the legal, technical, and commercial aspects of agreements
Manage key relationships with suppliers to ensure the realization of value.
Establish KPIs, customizing as appropriate for highest complexity categories
Non-routine overnight travel based on business need
Other responsibilities as assigned
Bachelor's degree required
5-7 years’ experience in direct materials strategic sourcing/category management in Life Science/Pharmaceutical related industr
Skills in conflict resolution and negotiation
Excellent communicator, politically persuasive, demonstrated skills in collaboration
Demonstrated proficiency in ERP platforms. Experience with procurement related business systems (i.e. Contract Management Systems, Ariba, etc..). Strong spend analytics capability, and ability to segment commodity data to prioritize business opportunities.
Proven ability to manage change, ability to work across organizational boundaries and international borders, and strong decision making
Internal Number: LMI 1911.1
About Lantheus Medical Imaging
Lantheus is a global leader in the field of medical imaging. We develop, manufacture and commercialize essential diagnostic imaging agents and products that help healthcare professionals identify disease and improve patient treatment and care. Our pioneering products assist physicians in the diagnosis of conditions affecting the heart, brain, lungs and other organs using echocardiography and nuclear imaging.
Lantheus is headquartered in North Billerica, Massachusetts with offices in Puerto Rico and Canada. The company has approximately 450 employees worldwide.