Job description
React Health is a fast paced, growth oriented, manufacturer and distributor of medical equipment serving the respiratory, sleep and cardiology patients, caregivers, physicians, and providers. React Health sells and supports its product and services in the acute-care, non-acute and home medical equipment markets. React Health has built a model that combines manufacturing and distribution of products and services to meet the challenges of the undiagnosed as well as those needing therapies after diagnosis in the sleep and respiratory population.
ROLE AND RESPONSIBILITIES:
- Lead sourcing function for company
- Optimize direct annual spend of $60M including indirect materials and services annual spend.
- Measures of success include: Bill of Material Savings, Days Payable Outstanding (DPO), Spend Under Management, On-Time Delivery
- Create category strategies in Electronics, plastics, hardware, and electro-mechanical
- Conduct periodic business reviews with suppliers to assess performance.
- Prepare RFPs, RFQs, bid documents, analyze, and evaluate proposals, and lead the quote evaluation process
- Develop and review contracts with suppliers
- Troubleshoot and resolve supplier related quality and delivery issues
- Work with engineering through new product development to develop a sourcing plan for all products.
- Adapt the procurement approach based on market trends.
- Periodic reviews with executive team on procurement strategy and measures of success.
- Prepare reporting for procurement or finance monthly
- Perform other duties as assigned
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