Sourcing Senior Specialist (On-site)

 

We are ZimVie, a publicly traded, global life sciences leader focused on restoring daily life by advancing clinical technology to improve patients’ smiles, function, and confidence. Our company is founded on a legacy of trusted brands, products, and clinical evidence made possible through an inclusive and collaborative culture that empowers our team members to bring their whole selves – their best selves – to work every day to accomplish our Mission. Together, our dedicated, diverse global team is shaping an exciting future for ZimVie — we hope you’ll consider being a part of it!

 

 

Job Summary:

Reporting to the Strategic Sourcing Leader, the Senior Sourcing Analyst is responsible for executing sourcing strategies, negotiating contracts, and managing the procurement of goods and services to meet the needs of the North America dental business through third-party agreements. A key objective of this role is to secure goods and services at the lowest total cost while maximizing overall value. Additionally, the Senior Sourcing Analyst collaborates with other departments, such as R&D, to select suppliers, define product specifications, and establish ordering practices that align with the best interests of the company.

 

Principal Duties and Responsibilities:

• Ensure the smooth operation of our North America facility by implementing procurement strategies to secure cost-effective sourcing of high-quality ingredients and supplies.
• Develop the purchase price variance budget in collaboration with the Strategic Sourcing Leader and track its progress throughout the year. Monitor purchase price variances and resolve discrepancies with internal team members and suppliers.
• Resolve issues related to delivery dates, quality, specifications, quantity, or cost of purchased goods or services.
• Review requisitions and confer with departments regarding requirements, specifications, quantity, quality of merchandise, and delivery requirements. Recommend alternate suppliers where cost savings or improved delivery can be achieved.
• Coordinate with Supply Chain, Manufacturing Operations, Engineering, Finance, R&D, and Quality teams to complete projects and achieve expected benefits within the project timeline.
• Negotiate contracts with suppliers to secure favorable pricing and terms, and effectively manage these contracts to ensure compliance, performance, and cost-effectiveness.
• Establish standard costs for assigned commodities.
• Issue purchase orders, negotiate contracts, and establish blanket orders, including consignment stock if necessary.
• Investigate suppliers' financial conditions, technical competence, facilities, and production techniques to ensure adequate supply sources.
• Negotiate prices and follow competitive bidding procedures when necessary to ensure the lowest total cost for specific materials or services, interacting with other departments as needed.
• Participate in internal meetings alongside the Associate Director of Strategic Sourcing to develop strategy and conduct negotiations as a member of the Sourcing team.
• Manage supplier scheduling, maintain the purchase order acknowledgment control system, lead time maintenance, and interface with material planners/master schedulers, buyers, quality control, engineeri