What are the responsibilities and job description for the Director of Procurement position at TwinMed, LLC?
Company Overview :
TwinMed is an industry leader in healthcare distribution for the post-acute market. We provide a wide range of medical supplies and solutions to nursing homes, assisted livings, home health and hospice agencies and home medical equipment providers throughout the United States.
Position Summary :
The Director of Procurement at TwinMed is responsible for overseeing the purchasing operations across all distribution centers, ensuring the timely availability of products, optimizing inventory levels, and managing supplier relationships. This leadership position will focus on supplier performance, driving purchasing strategies, and ensuring operational efficiency while maintaining cost controls and achieving key performance metrics.
In this role, you will directly lead and manage the purchasing team. You will work directly with senior management from Planning, Logistics, Sales, Finance, and Strategic Sourcing, and you will provide leadership and direction on a cross-functional basis to meet customer service levels, inventory levels and other financial objectives
The ideal candidate will drive business results, develop teams, and evolve processes to achieve strong positive results in a growing business. The responsibilities outlined below are representative of the essential duties and tasks expected for this role; however, additional duties may be assigned as necessary to meet the needs of the organization
Key Responsibilities :
- Supplier Relationship Management : Establish and maintain strong relationships with key suppliers, ensuring product availability, timely deliveries, and favorable pricing. Lead negotiations for favorable terms and conditions.
- Inventory Optimization : Oversee inventory management across all distribution centers to ensure optimal stock levels and minimize stock outs and excess / obsolescence, balancing product availability with cost efficiency.
- Team Leadership : Lead, mentor, and develop a team of buyers. Ensure the team is equipped with the skills and resources to perform their responsibilities efficiently.
- Purchasing Strategy : Develop and implement strategies to improve purchasing processes, reduce lead times, and optimize costs, especially given the challenges of large shipments from overseas suppliers.
- Performance Monitoring : Track key performance indicators (KPIs) including product availability, supplier performance, and inventory days on hand. Use data to drive continuous improvement initiatives.
- Data Analysis : Utilize tools like the Slim4 planning system and Power BI to monitor purchasing trends, supplier performance, and inventory levels, making data-driven decisions to ensure optimal procurement operations.
- Compliance & Best Practices : Ensure all purchasing practices are compliant with relevant regulations and industry standards and implement best practices to enhance efficiency and reduce costs.
- Problem Resolution : Address challenges related to long lead times, overseas supplier delays, and other supply chain disruptions, working proactively to mitigate impact on operations.
- Collaboration : Collaborate with the merchandising team to ensure alignment between inventory levels and buying strategies. Collaborate with cross-functional teams (marketing, sales, finance) to ensure smooth information flow and aligned goals.
- Cost Savings : Identify cost-saving opportunities throughout the inventory lifecycle.
Qualifications :
Physical Requirements
Must pass a pre-employment background and drug screening.
Twin Med, LLC is an Equal Opportunity and Affirmative Action Employer.
Job Type : Full-time
Status : Exempt
Salary : $ 155,000.00 - $195,000.00 per year DOE
Benefits :Salary : $155,000 - $195,000
