TwinMed, LLC
Vice President of Supply Chain
TwinMed, LLC, Santa Fe Springs, California, United States, 90670
Vice President of Supply Chain
TwinMed is an industry leader in healthcare distribution for the post-acute market. We provide a wide range of medical supplies and solutions to nursing homes, assisted livings, home health and hospice agencies and home medical equipment providers throughout the United States. Working here is your opportunity to shape an industry that’s vital to us all. We provide our employees opportunities for professional growth, advancement, and competitive benefits.
The
Vice President of Supply Chain
will play a critical role in overseeing and optimizing the end-to-end supply chain processes within TwinMed. This seasoned executive will oversee strategic sourcing, planning, inventory management replenishment and item master activities to ensure the company is executing to customer and compliance requirements and creating strategic plans to achieve strong supplier relationships. He/She/They will be responsible for overseeing and managing the end-to-end supply chain processes with a focus on strategic planning and execution to optimize inventory, improve efficiency, promote innovation and reduce total cost.
Key Roles and Responsibilities
Develop and execute the overall supply chain strategy aligned with organizational goals and objectives.
Ensure supply chain strategies, processes, and program executions are fully integrated to support internal business plans and objectives and will actively collaborate with stakeholders to ensure that our knowledge, relationships, and investments are effectively and efficiently leveraged.
Develop and implement risk management strategies to mitigate supply chain disruptions
Build, lead and mentor a high-performing supply chain team, fostering a culture of collaboration, innovation, and continuous improvement.
Develop, implement and lead strategic sourcing processes such as commodity management, contract management, negotiations & vendor selection, vendor relationship management including frameworks for vendor evaluation, engagement, and RFP ownership.
Ensure that the demand, sourcing, procurement and inventory plans are developed and executed to uphold the overall supply chain strategy such as total cost reduction, increased service level and optimized working capital.
Oversee the planning and replenishment processes, ensuring improvements in overall service level while reducing total cost.
Oversee the master data and inventory management processes, ensuring the accuracy of the data and the inventory while preventing obsolescence and aging inventory.
Develop and manage budgets for supply chain operations, ensuring cost control and financial efficiency
Ensure compliance with regulatory requirements related to supply chain activities.
Diagnose supply chain challenges, anticipating evolving areas of growth and ensuring prompt support for necessary system, process, and technological improvements
Leverage technology and data analytics to enhance visibility and decision-making within the supply chain.
Develop S&OP process with Sales, Operations, Supply Chain and finance, with a final sign off focused on accuracy and punctuality to the demand signal
Develop and maintain relationships with functional heads to understand and support their needs; work with them to identify opportunities for improvement.
Drive a culture of innovation and success that values diverse voices, talents, identities, backgrounds and experiences.
Education Requirements
Bachelor’s degree in supply chain management, business administration, or a related field; master’s degree a plus
If the bachelor’s degree is in unrelated field, the candidate must have one of the following:
Certification in Production and Inventory Management from ASCM
Certification in Supply Chain Procurement from ASCM
IBF certification
Work Experience Requirements
15+ years related experience in strategic sourcing, supply and demand planning, inventory management and master data functions
10+ years managerial experience
3+ years executive experience
Deep understanding of the Supply Chain function and best practices
Exceptional at relationship management, networking, negotiation, and prioritization.
Track record of P&L ownership and driving operational cost improvements
Familiarity with supply chain management software and technologies, such as ERP systems and demand planning and inventory optimization tools
Experience bridging cross-regional teams, in order to ensure smooth communication and collaboration
Strong understanding of healthcare supply chain, regulations and compliance requirements
Continuous learning mindset with a commitment to staying updated on industry best practices and innovations in demand planning and supply chain management.
Required Skills and Abilities
A change catalyst
Strong strategic thinking skills with a results-oriented mindset
High degree of interpersonal skills, specifically adept at succinct and professional communication and influencing
High degree of analytical skills
Strong interpersonal, oral and written communication skills.
Ability to thrive in a fast paced, high growth environment.
Demonstrated ability to lead and develop high-performing teams.
Collaborative leadership
Physical Requirements
Prolonged periods sitting at a desk and working on a computer.
Must be able to lift up to 15 pounds at a time.
Objectives of the role
Increase overall service level to 96%
Decrease alt ships by 50%
Increase inventory turns to 7 range
Contract coverage of 70% of spend
Reduce total cost by 5%
Increase master data accuracy to 98%
Increase operational inventory accuracy to 98%
Increase supplier on time and in full delivery to 95%
Benefits
401(k)
401(k) matching
AD&D insurance
Dental insurance
Employee discount
Flexible spending account
Health insurance
Health savings account
Vision insurance
Life insurance
Paid sick time
Vacation
Job Type: Full-time
Pay: $147,000.00 - $255,000.00 per year
Education:
Bachelor's (Preferred)
Experience:
Procurement: 10 years (Preferred)
ERP systems: 5 years (Preferred)
Senior leadership: 3 years (Preferred)
License/Certification:
CPIM (Preferred)
Certified Supply Chain Professional (Preferred)
Ability to Relocate:
Santa Fe Springs, CA 90670: Relocate before starting work (Required)
Work Location: In person
#J-18808-Ljbffr
TwinMed is an industry leader in healthcare distribution for the post-acute market. We provide a wide range of medical supplies and solutions to nursing homes, assisted livings, home health and hospice agencies and home medical equipment providers throughout the United States. Working here is your opportunity to shape an industry that’s vital to us all. We provide our employees opportunities for professional growth, advancement, and competitive benefits.
The
Vice President of Supply Chain
will play a critical role in overseeing and optimizing the end-to-end supply chain processes within TwinMed. This seasoned executive will oversee strategic sourcing, planning, inventory management replenishment and item master activities to ensure the company is executing to customer and compliance requirements and creating strategic plans to achieve strong supplier relationships. He/She/They will be responsible for overseeing and managing the end-to-end supply chain processes with a focus on strategic planning and execution to optimize inventory, improve efficiency, promote innovation and reduce total cost.
Key Roles and Responsibilities
Develop and execute the overall supply chain strategy aligned with organizational goals and objectives.
Ensure supply chain strategies, processes, and program executions are fully integrated to support internal business plans and objectives and will actively collaborate with stakeholders to ensure that our knowledge, relationships, and investments are effectively and efficiently leveraged.
Develop and implement risk management strategies to mitigate supply chain disruptions
Build, lead and mentor a high-performing supply chain team, fostering a culture of collaboration, innovation, and continuous improvement.
Develop, implement and lead strategic sourcing processes such as commodity management, contract management, negotiations & vendor selection, vendor relationship management including frameworks for vendor evaluation, engagement, and RFP ownership.
Ensure that the demand, sourcing, procurement and inventory plans are developed and executed to uphold the overall supply chain strategy such as total cost reduction, increased service level and optimized working capital.
Oversee the planning and replenishment processes, ensuring improvements in overall service level while reducing total cost.
Oversee the master data and inventory management processes, ensuring the accuracy of the data and the inventory while preventing obsolescence and aging inventory.
Develop and manage budgets for supply chain operations, ensuring cost control and financial efficiency
Ensure compliance with regulatory requirements related to supply chain activities.
Diagnose supply chain challenges, anticipating evolving areas of growth and ensuring prompt support for necessary system, process, and technological improvements
Leverage technology and data analytics to enhance visibility and decision-making within the supply chain.
Develop S&OP process with Sales, Operations, Supply Chain and finance, with a final sign off focused on accuracy and punctuality to the demand signal
Develop and maintain relationships with functional heads to understand and support their needs; work with them to identify opportunities for improvement.
Drive a culture of innovation and success that values diverse voices, talents, identities, backgrounds and experiences.
Education Requirements
Bachelor’s degree in supply chain management, business administration, or a related field; master’s degree a plus
If the bachelor’s degree is in unrelated field, the candidate must have one of the following:
Certification in Production and Inventory Management from ASCM
Certification in Supply Chain Procurement from ASCM
IBF certification
Work Experience Requirements
15+ years related experience in strategic sourcing, supply and demand planning, inventory management and master data functions
10+ years managerial experience
3+ years executive experience
Deep understanding of the Supply Chain function and best practices
Exceptional at relationship management, networking, negotiation, and prioritization.
Track record of P&L ownership and driving operational cost improvements
Familiarity with supply chain management software and technologies, such as ERP systems and demand planning and inventory optimization tools
Experience bridging cross-regional teams, in order to ensure smooth communication and collaboration
Strong understanding of healthcare supply chain, regulations and compliance requirements
Continuous learning mindset with a commitment to staying updated on industry best practices and innovations in demand planning and supply chain management.
Required Skills and Abilities
A change catalyst
Strong strategic thinking skills with a results-oriented mindset
High degree of interpersonal skills, specifically adept at succinct and professional communication and influencing
High degree of analytical skills
Strong interpersonal, oral and written communication skills.
Ability to thrive in a fast paced, high growth environment.
Demonstrated ability to lead and develop high-performing teams.
Collaborative leadership
Physical Requirements
Prolonged periods sitting at a desk and working on a computer.
Must be able to lift up to 15 pounds at a time.
Objectives of the role
Increase overall service level to 96%
Decrease alt ships by 50%
Increase inventory turns to 7 range
Contract coverage of 70% of spend
Reduce total cost by 5%
Increase master data accuracy to 98%
Increase operational inventory accuracy to 98%
Increase supplier on time and in full delivery to 95%
Benefits
401(k)
401(k) matching
AD&D insurance
Dental insurance
Employee discount
Flexible spending account
Health insurance
Health savings account
Vision insurance
Life insurance
Paid sick time
Vacation
Job Type: Full-time
Pay: $147,000.00 - $255,000.00 per year
Education:
Bachelor's (Preferred)
Experience:
Procurement: 10 years (Preferred)
ERP systems: 5 years (Preferred)
Senior leadership: 3 years (Preferred)
License/Certification:
CPIM (Preferred)
Certified Supply Chain Professional (Preferred)
Ability to Relocate:
Santa Fe Springs, CA 90670: Relocate before starting work (Required)
Work Location: In person
#J-18808-Ljbffr