Director, Procurement - Life Sciences

Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

About Us

Ingersoll Rand thrives on a culture of innovation and a sense of ownership, committed to enhancing the lives of our employees, customers, and the planet. With over 80 renowned brands, our customers rely on our products and services to deliver high-quality flow creation and industrial solutions designed to perform in the most complex and harsh conditions. Additionally, our unwavering commitment to ownership has enabled our employees to cultivate strong customer relationships, driving them to solve the industry's most difficult problems.

Job Summary

The Director, Procurement - Life Sciences will be responsible for the strategic sourcing function of the Life Science platform globally, reporting directly to the VP-Global Sourcing and Logistics. This role will also have a dotted line report to the SVP & GM, Life Sciences. Currently, this position manages a team of ~8 associates.

Responsibilities

The Director, Procurement - Life Sciences is responsible for:

• Develop and execute commodity strategies to deliver YOY direct material productivity including balancing in-region spend with best cost country spend.
• Utilize and expand established best practice (reverse auction, PPV workshops, I2V teardowns, etc).
• Manage supplier relationships and oversee new supplier development to reduce overall supply chain risk.
• Understand contractual obligations to customers and work with the commercial and engineering teams to reduce sole/single sourced vendors.
• Work with New Product Development and I2V teams to utilize preferred suppliers and ensure best cost and quality.
• Lead synergy delivery (per business case) for new acquisitions.

• Identify and execute strategies to deliver net working capital by extending supplier terms
• Partner with operations team to identify and execute on opportunities to reduce inventory
• Expand vendor managed and consignment inventory agreements with suppliers to improve net working capital while preserving/reducing lead time

• Continuously review, develop, and improve talent on the Life Sciences strategic sourcing team
• Adhere to all corporate performance management development processes and timelines

• Ensure compliance with all contractual and governing body (FDA, EU, etc.) regulations impacting supply chain.
• Maintain awareness of future regulations and their potential impact to IR.
• Improve supplier compliance with in-house and third party regulatory best practices
• Assist in completing submissions to third party regulatory agencies as needed.

• Bachelor's Degree in Engineering, Supply Chain, Operations, Business or related field of study
• 8+ years strategic sourcing experience, with at least 3 years in a leadership position
• Demonstrated excellence in supplier/category strategy development, vendor assessment, and negotiation preparation/execution
• Professional communication; both verbal and written are required.
• Ability to travel up to 35%. This travel will be to manufacturing and supplier sites globally, as well as for internal collaborations.

• Ability to drive development and execution of supply chain strategies for the Life Science business to achieve optimal results in the key areas of Quality, Delivery, & Price.

• Review and approve project plans.
• Oversee project execution.
• Balance projects between short and long-term focus.
• Secure alignment with cross-functional partners.

• Demonstrate deep business knowledge of suppliers, industry trends, emerging markets and technology.
• Builds this knowledge into strategies/playbooks.
• Recruits and develops talent aligned with strategies/playbooks.

• Identify/anticipate potential problems.
• Evaluate robustness of corrective action plan
• Oversee plan implementation

• Create collaborative environment with cross-functional partners.
• Demonstrate strong conflict resolution skills.
• Assure regular/appropriate two-way communication flow.
• Build/maintain relationship with industry peers and suppliers
• Player/Coach Approach - ability to roll up sleeves and dig into analysis effectively highlight actionable opportunities

At Ingersoll Rand, we embrace a culture of personal ownership - taking responsibility for our company, our communities, and our environment, as well as our individual health and well-being. Our comprehensive benefits package is designed to empower you with the tools and support necessary to take charge of your health, ensuring that together, we can continue to make life better. Our range of benefits includes health care options like medical and prescription plans, dental and vision coverage, as well as wellness programs. Additionally, we provide life insurance, a robust 401(k) plan, paid time off, and even an employee stock grant, among other offerings. These benefits are our commitment to you, so you can be your best at work and beyond.
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Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 80+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.