Medifast, Inc.

  • Purchasing Manager

    Job Location US-MD-Baltimore
    Job ID
    2018-3061
    Job Category
    Purchasing
    Type
    Regular Full-Time
  • Overview

    The Purchasing Manager of Indirect materials will drive sourcing strategies for key commodities and spend categories to achieve broad business objectives within the Facilities, Operations, and Marketing spend categories globally. Develop global processes supporting the purchasing objectives within the new markets we are implementing. Executes strategies for contracting, supplier management, business partnering and cost savings. Contributes to annual savings targets. Maintains and provides a current understanding of industry best practices and technology trends to team members and business partners. The Purchasing Manager Indirect will contribute to procurement department with legal and ethical means of ensuring lowest total cost, clarifying vendor requirements and identifying opportunities for business improvement. While the Purchasing Manager of Indirect materials is a very strategic role, the ideal candidate will have experience in and appreciation of purchasing strategy, process development, as well as day to day tactical responsiveness, taking particular care of special requests and projects that demand smaller supply, specialty items or changed / condensed delivery timeframes.

    Responsibilities

    • Provide daily support to the organization in purchasing materials within the US market. Approx. $30M annual spend.
    • Support global business strategies and objectives through effective procurement of goods and services. Develop, Oversee, and improve overall purchasing processes within the markets we are doing business. US / Singapore / Hong Kong.
    • Develop innovative approaches to sourcing while using analytics and processes to determine scenarios, benefits, risks and change management impact of each of those options.
    • Support negotiations of appropriate service agreements that result in preferential pricing, terms and conditions for Medifast/OPTAVIA. Collaborate with legal regarding the review of MSA’s.
    • Monthly review of spending of various departmental expenses. Eg. Facilities / office supplies / manufacturing supplies / travel costs / etc… Create effective reporting to provide management insight into issues / concerns / trends.
    • Analyze company spending to identify opportunities to reduce cost, improve supplier performance and improve internal efficiencies in managing the activity within the business. Evaluate supplier core competencies and competitive positioning using industry research and cost models, if appropriate.
    • Manage 1 Purchasing Agent supporting manufacturing operations.
    • Adherence to organizational policies, procedures and processes to ensure compliance with corporate governance.

    Qualifications

    • 7+ years purchasing related experience (contract review, financial analysis, etc…) for a global company.
    • 3+ years management/supervisory experience.
    • Bachelor’s degree (Supply Chain Management or Finance) preferred.
    • Demonstrate an effective user of MS Office products. Experience with working in an ERP environment.
    • Project management a plus.
    • Customer focused - Understanding of “Sense of Urgency”.
    • Strong human relations skills to select, develop, mentor, discipline and reward employees.
    • Assertiveness to negotiate and mediate complex pricing and financial implications of contracts.
    • Demonstrated ability to motivate and influence others in a dynamic high pressure environment.

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