Staff Strategic Sourcing Manager
1 week ago
About Dexcom
Founded in 1999, Dexcom, Inc. (NASDAQ: DXCM), develops and markets Continuous Glucose Monitoring (CGM) systems for ambulatory use by people with diabetes and by healthcare providers for the treatment of people with diabetes. The company is the leader in transforming diabetes care and management by providing CGM technology to help patients and healthcare professionals better manage diabetes. Since the company’s inception, Dexcom has focused on better outcomes for patients, caregivers, and clinicians by delivering solutions that are best in class - while empowering the community to take control of diabetes. Dexcom reported full-year 2022 revenues of $2.9B, a growth of 18% over 2021. Headquartered in San Diego, California, with additional offices in the Americas, Europe, and Asia Pacific, the company employs over 8,000 people worldwide.**Essential Duties and Responsibilities**:
- Establish long term strategies for cost improvement among Strategic Sourcing categories, in collaboration with multi-functional stakeholders and Global Category Management team.
- Ensure yearly savings & avoidance targets are achieved, and independently verified with internal finance partners
- Maximize value while mitigating risk on Dexcom business using quantitative and qualitative methods
- Manage the entire Procurement lifecycle to see a stakeholder requirement defined, sourced, competitively priced, shepherded through review processes to an executed contract, and established purchase order
- Foster strong cross-functional relationships - ensure the needs of the business are understood and supported
- Assure supply of goods or services; identify risks and mitigation strategies
- Build/maintain multi-year support roadmaps for all key suppliers - always have a plan for what the next stage of Dexcom’s growth looks like
- Establish operational objectives and work plans to meet the function’s long-term plans
- Proactively develop and maintain supplier portfolio to support various Indirect Procurement requests & requirements at Dexcom Penang.
- Perform cost and scenario analysis and benchmarking
- Conduct periodic Business Partner reviews
- Support Responsible Sourcing initiatives tied to Small and Diverse Supplier development, Risk Management, and Sustainability initiatives
- Define and report on key metrics that measure effectiveness of supply and cost savings
- Other duties as assigned
**Required Qualifications**:
- Proven track record of working experience as a buyer or strategic sourcing professional with in-depth knowledge of strategic sourcing concepts & best practices to support a variety of categories (chemical, packaging, MRO categories preferred)
- Experience leading sourcing events (RFI’s, RFP’s, etc)
- High negotiation and networking skills
- Strong knowledge of industry contract terms & practices
- Ability to effectively influence others and manage sensitive situations
- Ability to manage, navigate, and perform at a high level in a matrix organization
- Ability to build a quantitative & qualitative business case, articulate it effectively, and get support from senior leadership
- Proven track record of delivering results while working effectively cross
- functionally
- Strong Financial Analysis, Market Analysis, and Strategic planning skills
- Proven ability to combine vision, ingenuity, and strong business acumen with well-developed project management and leadership skills
- Ability to build and maintain strong stakeholder relationships to establish “Trusted Advisor” status
- Strong organizational and time management skills to meet deadlines
- Track record of success leading and participating in cross functional improvement efforts; includes creating process diagrams, analyzing workflows, and developing standard operating procedures.
- Mastery of Excel & PowerPoint
- Customer service oriented
- High competency with problem-solving; is self-motivated to overcome challenges and obstacles
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