Terumo Medical Corporation (TMC) develops, manufactures, and markets a complete, solutions-based portfolio of high-quality medical devices used in a broad range of applications for numerous areas of the healthcare industry. TMC places a premium on providing customers with world-class products, training and education programs that drive clear economic value, better clinical outcomes and improved quality of life for patients. TMC is part of Tokyo-based Terumo Corporation; one of the world’s leading medical device manufacturers with $5 billion in sales, 20,000 employees worldwide and operations in more than 160 nations. Terumo Medical Corporation is comprised of two strategic business divisions: Terumo Interventional Systems and Terumo Medical Products.
Job Summary
Terumo Global Business Services (GBS) aims to serve as a platform for future business growth and a model for continuous improvement and innovation that unlocks customer potential. The GBS team will be key in driving process standardization and optimization by centrally managing end-to-end processes, while meeting service delivery expectations.
Manager, GBS Procurement and Vendor Master Management will lead a team of Procurement and Vendor Management business services specialists responsible for such functions as managing purchase requisitions, vendor creation/ maintenance, and vendor inquiry management. Manager, GBS Procurement & Vendor Management will ensure quality, accuracy, and timeliness in completion of all activities, as well as providing guidance to the team and supporting service management principles.
Job Details/Responsibilities
Assist in building out and sustaining the GBS Organization
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Review materials and documentation that are transitioned into the GBS
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Support staff workload balancing
Ensure seamless and timely service management and delivery within GBS
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Oversee all transaction processing and other procurement and vendor master management activities performed
- Manage and ensure the quality, accuracy, and timeliness in delivery of services for procurement and vendor master management, such as managing purchase requisitions, vendor creation/maintenance, and vendor inquiry management
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Lead the GBS Procurement and Vendor Master Management team’s interaction with business teams to ensure effective delivery of reports, work products, support to businesses and response to queries
- Assist in resolving complex or sensitive requests from senior management or customer/vendor escalations on a timely basis
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Identify and resolve procurement and vendor master management operational issues using expertise and judgment
- Manage exception-based problem resolution and provide guidance and escalation when needed
Job Responsibilities (continued)
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Help address and or escalate any key issues or risks
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Manage and oversee control procedures and practices to ensure no significant SOX control deficiencies in the Procurement and Vendor Master Management delivery function
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Manage required and appropriate reporting to facilitate informed decision making
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Assess procurement-related processes for quality and adaptability, identify gaps or inefficiencies, and propose solutions and improvements to balance efficiency
- Engage the team in the possibilities for process design and deduce the optimal way to deliver services
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Ensure compliance with local requirements and company controls, enforce adherence to requirements and advise management on mitigating actions when appropriate
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Remain up to date on Procurement and Vendor Master Management related policies and regulations of all areas (i.e., territories) in-scope
People Management
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Manage and provide coaching and support to Procurement and Vendor Master Management team, ensuring communication and coordination within and across teams
- Develop/mentor team; provide advice, soft skills guidance; interpersonal, interaction skills and review of focus areas
Working Conditions/Physical Requirements
Knowledge, Skills and Abilities (KSA)
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Advanced knowledge of Procurement and Vendor Master Management concepts, processes, and activities
- Strong understanding of procurement and vendor master management processes
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Thrive working in a fast-paced, innovative environment while remaining flexible
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Ability to present issues and recommendations in a clear and concise manner
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Strong customer-oriented mindset in identifying improvement opportunities
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Ability to influence with & without direct authority
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Strong organizational/analytical skills
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Strong problem-solving, communication and business partnering skills
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Excellent communicator, mentor and leadership capabilities
Qualifications/ Background Experiences
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Bachelor’s Degree required and/or combination of education and related experience is required
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Minimum of 7 years in Procurement and Vendor Master Management processes with 5 years’ experience managing and/or leading an Operational Procurement team required
- Ariba / SAP experience strongly preferred
It is Terumo’s policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As a Company, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment.