Senior Sourcing Manager - Namic
Medline Industries, LPAbout the role
Job Summary
Medline Industries has an immediate opening for a Senior Sourcing Manager in our Namic product division! This position will be based out of our office at the Merchandise Mart in Chicago, IL and will offer a hybrid model of work. The Senior Sourcing Manager plays a crucial role in managing Medline’s global procurement sourcing strategies. The Senior Sourcing Manager is tasked with ensuring the best total cost of ownership, supply redundancy and adequate capacity, and sourcing risk mitigation. Some of the activities for the manager will include negotiating supplier price reductions and analyzing geo-political risks, resolving price and cost disagreements with vendors, coordination with supply chain, quality, and overseas offices, and overseeing vendor relationships. This person will also have management of global sourcing function.Job Description
Responsibilities:
Develop and execute strategies to negotiate favorable terms, volume discounts, and long-term contracts with suppliers and vendor partners. Manage and optimize direct spend categories to drive best-cost solutions, ensure consistent supply, and proactively reduce risks across the organization.
Manage up to $40M spend across key medical and raw materials.
Provide strategic insights on global and geopolitical changes affecting tariffs, raw materials, and regulatory requirements, including tariff rates, new laws, and natural resource availability. Offer comprehensive analysis on the impacts of global events and regulatory shifts. Collaborate with industry peers to identify and implement global solutions, while leveraging the Government Affairs team to advocate for Medline’s interests across managed categories.
Manage an entire divisional portfolio of managed categories leveraging sourcing experience to drive continuous improvement across all categories with the goal to contain costs, drive improved raw material consumption, and other-cost down initiatives. Drive advanced negotiations and operational gains across all vendors.
Oversee the analysis of supplier price increase submissions, assessing the full impact on the division by factoring in rebates and other cost elements. Develop and execute negotiation strategies with vendors to achieve cost avoidance or savings, driving financial performance and supporting broader strategic objectives for the division.
Lead the execution of strategic risk assessments, creating comprehensive country-specific views on sourcing risks. Analyze variables like multi-country sourcing, dual sourcing strategies, and geopolitical factors to develop robust risk mitigation plans. Provide recommendations for category-level changes based on thorough risk analysis to safeguard the organization’s supply chain and optimize sourcing strategies.
Oversee a diverse range of product categories, with deep expertise in product requirements, manufacturing, raw materials, and other critical value drivers. Guide the team in understanding cost inputs and driving best-cost strategies for Medline. Work closely with senior leadership to develop and execute sourcing initiatives that reduce costs, improve supply chain efficiency, and align with Medline’s long-term goals.
Develop and maintain strategic relationships with key suppliers, overseeing negotiations on pricing, managing supplier performance, ensuring on-time delivery, and ensuring strict compliance with contracts. Lead efforts to address any supplier issues and work closely with internal teams to improve performance, aligning supplier relationships with Medline’s business objectives.
Lead the analysis of domestic and global supply chains, offering strategic insights into the impacts of tariffs, geopolitical risks, and other external factors. Collaborate with cross-functional teams to develop proactive strategies that address these challenges and ensure continuity of supply, cost-effectiveness, and alignment with business objectives.
Lead the strategic evaluation of sourcing strategies for domestic versus import suppliers, including Make vs. Buy analysis for sourced products. Guide the team in identifying and implementing optimal sourcing solutions that drive cost savings, enhance supply chain efficiency, and align with Medline’s long-term goals. Collaborate with senior leadership to ensure sourcing strategies are robust and adaptable to changing market conditions.
Lead the development and execution of a comprehensive, risk-based global sourcing strategy to optimize vendor performance across assigned spend categories. Oversee dual sourcing initiatives, dual country of origin planning, vendor allocation optimization, re-sourcing, and cost containment/reduction efforts. Collaborate with senior leadership and cross-functional teams to drive alignment with st
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