Life Unlimited. At Smith+Nephew, we design and manufacture technology that takes the limits off living.
The Procurement New Product Development Senior Engineer is the primary procurement interface for New Product Developments to grow the company product portfolio. This role serves as an active participant and contributor to several multi-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 with external suppliers for quotations, negotiations, and status reports. The role participates early in the process with the research and engineering teams to determine suitable candidate suppliers and drive early supplier involvement and engagement throughout the initial phase gates.
The position steward’s procurement responsibilities through product qualification steps and through the eventual hand-off to the production team as a fully qualified product. This role leads and supervises the costs throughout the development cycle and provides report outs to the team and management.
This position supports New Product Developments 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 Development (NPD) execution.
- Design an agile and reliable supplier network, through balanced risk management.
What will you be doing?
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 by assigned due dates.
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 use new technologies and processes.
Enhance margin and profitability.
- Steward 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 lead all documentation retention requirements per quality standards.
- Coordinate the initial project cost estimates for new and carry-over components and continue to supervise the cost throughout the development lifecycle, reporting any gaps to budget for closure or for issue 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 work.
- Partner with engineering and suppliers to drive cost and performance improvements on products to improve the Total Cost of Ownership across the product lifecycle.
- Champion 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.
Accelerate revenue growth through rapid New Product Development (NPD) 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 a member and the Procurement point on New Product Development 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.
- Own 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.)
- Lead 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.
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.
What will you need to be successful?
- BS in engineering required.
- Master's in engineering preferred.
- Minimum of 3 years’ experience with a 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.
- Proven track record of supporting multiple, intricate projects via participation on multi-functional teams.
- Engineering or technical background preferred.
- Solid understanding of ERP systems (SAP, Ariba etc.)
- Ability and agility in working in a highly matrixed organization with dotted-line reporting relationships.
- Sense of urgency and accountability to deliver tasks according to agreed action dates to support the team.
- Self-motivated with resourcefulness to work independently and to request support and/or resources as needed.
- Ability to handle multiple priorities, tasks, objectives, and plans; communicate to Procurement team, NPD team members and external suppliers accordingly.
- Ability to organize work assignments and operate independently within procedural guidelines.
- The ability to gain internal agreement among teams and various department functions is a preferred skill.
You. Unlimited.
We believe in creating the greatest good for society. Our strongest investments are in our people and the patients we serve.
- Inclusion, Diversity and Equity-Committed to Welcoming, Celebrating and Thriving on Diversity, Learn more aboutEmployee Inclusion Groupson our website (https://www.smith-nephew.com/).
- Your Future:401k Matching Program, 401k Plus Program, Discounted Stock Options, Tuition Reimbursement
- Work/Life Balance:Flexible Personal/Vacation Time Off, Paid Holidays, Flex Holidays, Paid Community Service Day
- Your Wellbeing:Medical, Dental, Vision, Health Savings Account (Employer Contribution of $500+ annually), Employee Assistance Program, Parental Leave, Fertility and Adoption Assistance Program
- Flexibility: Hybrid Work Model (For most professional roles)
- Training:Hands-On, Team-Customized, Mentorship
- Extra Perks:Discounts on fitness clubs, travel and more!
Smith+Nephew provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability.
Stay connected and receive alerts for jobs like this by joining ourtalent community.
We're more than just a company - we're a community! Follow us on LinkedIn to see how we support and empower our employees and patients every day.
Check ourGlassdoor page for a glimpse behind the scenes and a sneak peek into You. Unlimited., life, culture, and benefits at S+N.
Explore our new website and learn more about our mission, our team, and the opportunities we offer.