Commodity Leader

ABOUT US

Smith & Nephew supports healthcare professionals in more than 100 countries in their daily efforts to improve the lives of their patients. We do this by taking a pioneering approach to the design of our advanced medical products and services , by securing wider access to our diverse technologies for more customers globally, and by enabling better outcomes for patients and healthcare systems.

We have leadership positions in:

• Orthopaedics Reconstruction – joint replacement systems for knees, hips and shoulders
• Advanced Wound Management – wound care treatment and prevention products used to treat hard-to-heal wounds
• Sports Medicine – minimally invasive surgery of the joint
• Trauma & Extremities – products that help repair broken bones

We have around 16,000 employees around the world. Annual sales in 2016 were more than $4.6 billion . We are a constituent of the UK’s FTSE100 and our shares are traded on the London Stock Exchange and through American Depository Receipts on the New York Stock Exchange (LSE: SN, NYSE: SNN)

SUMMARY

The Procurement New Product Introduction Leader is the primary procurement interface for new product introductions to grow the company product portfolio. This role serves as an active participant and contributor to several cross-functional teams composed of multiple internal functions including Research & Development, Manufacturing, Engineering, Quality, Regulatory, Product Development, Marketing, Regulatory and Supply Chain. This position is designated as the primary point of contact and interface with external suppliers for quotations, negotiations and status reports. The role participates early in the process with the research and engineering teams with responsibility to determine suitable candidate suppliers and to drive early supplier involvement and engagement throughout the initial phase gates. The position stewards procurement responsibilities through product qualification steps and through the eventual hand-off to the production team as a fully qualified product. This role manages and monitors the costs throughout the development cycle and provides report outs to the team and management.

This position supports new product introductions in accordance with Global Procurement objectives, which are:

• Protect and elevate the reputation of Smith & Nephew.
• Create shared value with our suppliers.
• Enhance margin and profitability .
• Accelerate revenue growth through rapid New Product Introduction (NPI) execution .
• Design an agile and reliable supplier network, through balanced risk management .

ESSENTIAL FUNCTIONS

Position Functions

% of Position

Protect and elevate the reputation of Smith & Nephew.

• Adhere to business practices according to the Smith & Nephew Code of Conduct and other applicable company policies.
• Steward processes in accordance with Medical Device industry requirements and regulations applicable to the specific process, product or purchased commodity.
• Perform procurement activities in alignment with regulatory requirements and industry standards such as the Modern Slavery Act, Conflict Minerals and others.
• Protect Smith & Nephew Intellectual Property as well as all Company information against unauthorized disclosure and legal exposure.
• Partner with Supplier Quality to assure supplier performance and enhance supplier relationships (quality, technical capabilities, processes, etc.)
• Encourage Supplier Diversity.
• Complete required training courses in accordance with assigned due dates.

10%

Create shared value with our suppliers.

• Enable Smith & Nephew to get the best out of its suppliers by working in partnership with them for mutual good business.
• Maintain strong relationship with the Direct Procurement Leaders and provide support to ensure commodity strategies are being implemented appropriately.
• Arrange technical meetings and supplier reviews with current and potential suppliers to harness knowledge of supplier technology, strengths and weaknesses as well as future technology directions and disruptors.
• Know the Smith & Nephew product technology roadmap and establish relationships with key suppliers to leverage new technologies and processes.

15%

Enhance margin and profitability .

• Steward that the “Make versus Buy” analysis of the decision of internal manufacture versus external supplier purchases has been completed with forms reviewed and agreed with the team.
• Identify suitable supplier candidates based on understanding of overall category strategy, supplier performance and supplier readiness.
• Ensure a clear understanding and communication of specifications and expectations between suppliers and project teams.
• Present the project level Sourcing Decision Matrix (SDM) for team review with target cycle time of less than four weeks, with team selection based on data-driven sourcing decisions, and manage all documentation retention requirements per quality standards.
• Coordinate the initial project cost estimates for new and carry-over components and continue to monitor the cost throughout the development lifecycle, reporting any gaps to budget back to the team for closure or for escalation if not mitigated.
• Develop costs and negotiate pricing with suppliers in effort to deliver new product to the initially proposed cost targets, with early identification of risks to cost budgets.

• Serve as meeting leader at Supplier Meetings to focus team on execution of project deliverables.
• Partner with engineering and suppliers to drive cost and performance improvements on products to improve the Total Cost of Ownership across the product lifecycle.
• Manage the resolution of purchased price variances, Accounts Payable discrepancies, receiving discrepancies and quality credits for goods and services related to NPD projects on a timely basis.

20%

Accelerate revenue growth through rapid New Product Introduction (NPI) execution .

• Develop understanding of parts, processes and suppliers of assigned commodities to support team members to evaluate and support supplier/part strategies to ensure successful implementation of New Product Launches.
• Serve as an active member and the Procurement point on New Product Introduction teams with shared accountability and responsibility for on-time and on-budget delivery of the New Product.
• Provide key Procurement input into the early stages through knowledge of the business, suppliers and applicable Procurement category strategy.
• Provide guidance to Product Development regarding early prototype requirements.
• Manage the completion of all Global Procurement-related product launch activities in SAP which includes: Extend views, Procurement Information Record, Quality Inspection Report, Purchase Orders at project phase gates, etc.)
• Manage and present the Open Order Report with status of externally sourced products.
• Track the delivery status of prototypes as well as trial materials with expedite / de-expedite to meet project schedule.
• Coordinate the hand-off to the buyer/planner following final product launch.

40%

Design an agile and reliable supplier network, through balanced risk management.

• Identify and communicate business risks associated with new, changed and current materials, processes and suppliers through the standard processes for risk identification methodology, assessment and mitigation.
• Ensure risk assessment results are reflected in the overall New Product Plan and coordinate alternate sourcing pipelines based on risk potential/prioritization.

15%

REQUIREMENTS

Travel

• Ability to travel as required (up to 10%).

Education

• BS in business, engineering or technical field.

Licenses/Certifications

Experience

• 3 to 5 years’ experience successful track record within procurement or related responsibilities within a manufacturing environment.
• Work experience in medical device, or similar regulated industry (e.g. Pharmaceutical, Biologics) desirable.
• Demonstrated ability to support multiple, complex projects via participation on several cross-functional teams.

Other

• Knowledge of e-sourcing systems including SAP Finance suite and Ariba or comparable systems’ experience required.
• Demonstrated ability and agility in working in a highly matrixed organization with dotted-line reporting relationships.
• Sense of urgency and accountability to deliver assigned tasks according to agreed action dates to support the overall team.
• Self-motivated with resourcefulness to work independently and to request support and/or resources as needed.
• Ability to manage multiple priorities, tasks, objectives, and plans; communicate to Procurement team, NPI team members and external suppliers accordingly.
• Ability to organize complex work assignments and operate independently within procedural guidelines.

Smith and Nephew is an Equal Opportunity/Affirmative Action Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by applicable law.