Senior Global Sourcing Specialist

Reposted 2 Days Ago
Be an Early Applicant
Veerthala, Nagar, Bharatpur, Rajasthan, IND
In-Office
Senior level
Healthtech • Other • Biotech
The Role
Lead global commodity sourcing strategies, manage supplier selection/qualification, conduct RFQs and cost analyses, negotiate contracts, consolidate supply base, coordinate with sites and engineering, and drive cost and performance improvements across domestic and international suppliers.
Summary Generated by Built In

Why Merit?

At Merit Medical, our mission is to create innovative medical devices that improve lives. Our goal is to hire and develop people who want to build something special through hard work, team effort, and commitment. Together, we are making a difference in the lives of patients around the world.

WORK SHIFT

DAY (United States of America)

SUMMARY OF DUTIES

Plans, schedules and monitors the procurement of commodities in regional and global markets.

ESSENTIAL FUNCTIONS PERFORMED

1.    Develops commodity sourcing strategies to address supply market conditions, technology roadmaps and product needs/forecasts.
2.    Primary owner for the supplier relationship; and in accordance with the commodity strategy, drive supplier selection, qualification, development and overall supplier management.
3.    Drive global supply base consolidation analysis, planning and implementation.
4.    Conducts and processes quote requests, including:
a.    Coordinating clarifications with engineering
b.    Analyzing quote responses
c.    Conducting detailed cost analysis
d.    Preparing sourcing recommendations
5.    Lead negotiations, including final pricing, and the establishment of supply contracts or agreements.
6.    Coordinates with site managers to identify supply needs and conduct sourcing analysis.
7.    Owns communication for contract data and volumes across global teams and supply base, as appropriate.
8.    Drive continuous cost and performance improvements by analyzing cost drivers, processes and specifications for improvement opportunities.
9.    Leverage supplier capabilities and business opportunities on a domestic and international basis.
10.    Initiate and maintain internal and external communications regarding sourcing, pricing and demand for materials.
11.    Performs other tasks, as required.

ESSENTIAL PHYSICAL/ENVIRONMENTAL DEMANDS

•    Lifting -- Not to exceed 50 lbs. – local practice may apply.
•    Writing
•    Sitting
•    Standing
•    Bending
•    Visual acuity
•    Color perception
•    Depth perception
•    Reading
•    Field of vision/peripheral

SUMMARY OF MINIMUM QUALIFICATIONS

•    Education and/or experience equivalent to a related Bachelor's Degree.
•    A minimum of five years of commodity purchasing experience.
•    Excellent negotiation, analytical and decision-making skills.
•    Knowledge of purchasing methods and procedures.
•    Excellent written and verbal communication skills and the ability to work well with others.
•    Excellent knowledge of business mathematics.
•    Demonstrated computer skills preferably spreadsheets, word processing, database and other applicable software programs.

COMPETENCIES

•    Computer skills
•    Supplier management
•    Contract/agreement review
•    Negotiation skills
•    Reports
•    Product pricing/quality/availability/delivery
•    Math skills

COMMENTS

Infectious Control Risk Category III:

The risk category explains whether or not employees are likely to come into contact with blood or body fluids while performing their jobs.  Risk category III states employment and procedures that do not require exposure.

As an eligible Merit employee, you can expect the following:

* Multiple Shifts and Hours to choose from: Days, Swing (Eve), and Nights

* Medical/Dental & Other Insurances (eligible the first of month after 30 days)

* Low Cost Onsite Medical Clinic

* Two (2) Onsite Cafeterias

* Employee Garden | Gardening Classes

* 3 Weeks' Vacation | 1 Week Sick-Time | Paid Holidays

* 401K | Health Savings Account

To see more on our culture, go to www.merit.com/careers.

Military Veterans are encouraged to Apply.

Merit is a proud Utah Patriot Partner committed to hiring our Veterans.

Skills Required

  • Bachelor's degree or equivalent experience
  • Minimum of five years of commodity purchasing experience
  • Excellent negotiation, analytical and decision-making skills
  • Knowledge of purchasing methods and procedures
  • Excellent written and verbal communication skills and ability to work well with others
  • Excellent knowledge of business mathematics
  • Demonstrated computer skills (preferably spreadsheets, word processing, database software)

Merit Medical Systems, Inc. Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Merit Medical Systems, Inc. and has not been reviewed or approved by Merit Medical Systems, Inc..

  • Healthcare Strength An on‑site medical clinic at headquarters and campus wellness initiatives aim to make care more convenient and affordable for employees and families. Safety training and ongoing wellness programming further reinforce the health offering.
  • Retirement Support A 401(k) Profit Sharing Plan with active employer contributions and discretionary matching provides structured support for long‑term savings. Eligibility and plan participation are clearly established for U.S. employees.
  • Equity Value & Accessibility An employee stock purchase plan with a purchase discount enables accessible ownership participation. A successor plan is slated to replace the legacy program, pending shareholder approval.

Merit Medical Systems, Inc. Insights

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The Company
HQ: South Jordan, UT
5,001 Employees
Year Founded: 1987

What We Do

As a global healthcare company, we understand customer needs and innovate and deliver medical solutions that transform patient care. Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture, and distribution of proprietary disposable medical devices used in interventional, diagnostic, and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care, and endoscopy. Merit serves client hospitals worldwide with a domestic and international sales force and clinical support team totaling in excess of 300 individuals. Merit employs approximately 6,000 people worldwide with facilities in South Jordan, Utah; Pearland, Texas; Richmond, Virginia; Malvern, Pennsylvania; Rockland, Massachusetts; Aliso Viejo, California; Maastricht and Venlo, The Netherlands; Paris, France; Galway, Ireland; Beijing, China; Tijuana, Mexico; Joinville, Brazil; Markham, Ontario, Canada; Melbourne, Australia; Tokyo, Japan; Reading, United Kingdom; Johannesburg, South Africa; and Singapore.

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