Job Information
Meridian Bioscience, Inc. Senior Manager, Sourcing and Procurement in Cincinnati, Ohio
Senior Manager, Sourcing and Procurement Job Locations US-OH-Cincinnati Company Meridian Bioscience, Inc. Department General Administrative
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1 About Meridian Meridian Bioscience is a fully integrated life science company that develops, manufactures, markets and distributes a broad range of innovative diagnostic products. We are dedicated to developing and delivering better solutions that give answers with speed, accuracy and simplicity that are redefining the possibilities of life from discovery to diagnosis. We are looking for talented and passionate individuals that help drive our vision. Our innovative culture will allow interested candidates to discover and create, through collaboration, cutting edge solutions to tough problems. Job Summary Manages the Global Sourcing and Procurement function for the Diagnostics business segment to assure efficient procurement of components, supplies, services, and equipment. This new role was created to help unite a function that previously was run in silos. Meridian was taken private in 2023 and a transformation is necessary to support the rapid growth expected in advance of a future IPO. Directly manages a team of three in Cincinnati, OH and indirectly manages a team of two in Quebec City, Canada and an individual in Milan, Itay. Collectively the team manages suppliers and handles sourcing and procurement for the Cincinnati, OH; Quebec City, Canada; Billerica, MA; and Milan, Italy locations. Works closely with the Vice President - Strategy / Corporate Development / Global Corporate Functions, in addition to leveraging the direct and indirect team, to improve global policies and procedures, reduce material costs, and develop effective supplier relationships. This is a highly visible and responsible position that will impact the overall success of the organization. Key Duties Tasks/Duties/Responsibilities: Strategy: Work with manager to develop and implement a sourcing and procurement strategy for the Company that includes establishing best practices, defining data / reporting requirements, and revising procedures to improve team efficiency. Establish and maintain category management strategy that includes eliminating sole source / single source situations, or minimizing risk where required, consolidating suppliers and delivering cost savings leveraging the global purchasing power of the Company. Coordinate with Life Science segment sourcing and procurement personnel on consolidating supplier purchase volumes to reduce total corporate costs consistent with established supply chain strategy. Establish and maintain sustainable procurement strategy. Function as a leader and facilitator for major supply chain projects, such as ERP or purchase order automation system implementation. Sourcing & Procurement Management: Oversee the identification of and approve suppliers consistent with the company's Quality System requirements and category management strategy. Oversee analysis of bids and negotiate supply agreements in accordance with company policies. Coordinate with Production Planning to assure adequate inventory levels to support the production plan. Oversees the team's analysis of purchase requisitions and issuing of purchase orders to approved suppliers as per procedure. Ensure all Purchasing records and documents are maintained in a manner consistent with all relevant FDA and/or ISO regulation guidelines as well as company policy. Collaborate with Project Managers on new purchased materials requirements to support new product development projects. Track key supplier performance indicators and report progress monthly. Accept fiduciary responsibility for Sourcing and Procurement and communicates and maintains adherence to Meridian's corpora