Job description

Bausch + Lomb (NYSE/TSX: BLCO) is a leading global eye health company dedicated to protecting and enhancing the gift of sight for millions of people around the worldfrom the moment of birth through every phase of life. Our mission is simple, yet powerful: helping you see better, to live better.

Our comprehensive portfolio of over 400 products is fully integrated and built to serve our customers across the full spectrum of their eye health needs throughout their lives. Our iconic brand is built on the deep trust and loyalty of our customers established over our nearly 170-year history. We have a significant global research, development, manufacturing and commercial footprint of approximately 12,500 employees and a presence in approximately 100 countries , extending our reach to billions of potential customers across the globe. We have long been associated with many of the most significant advances in eye health, and we believe we are well positioned to continue leading the advancement of eye health in the future.

Responsible for managing and coordinating assigned Surgical Strategic Sourcing and Procurement activities for the Global Surgical Business Units including, but not limited to the following:

Spend under Management (Spend visibility)

Spend under (signed) contracts, Cost Savings vs. Costbook

Quality compliance

Supplier implementation compliance

Recurring savings

Coordinate savings and risk mitigations projects with Surgical Procurement teams.

Key Responsibilities:
Provide Surgical Category leadership for all procurement activities, tasks, and initiatives initiated as the Category Lead.

Collaborate with leadership and stakeholders on effectively managing all assigned Surgical Category suppliers to ensure high level of performance and continuity of supply.

Responsible for delivering established cost savings targets through competitive bidding process and effective negotiation of supply and service agreements. Ensure complete contract compliance. Negotiate contracts and monitor performance against contractual commitments. Identify, Implement, and track cost savings projects in cooperation with the stakeholders and controllers.

Responsible for performing all aspects of procurement activities in support of major initiatives including stakeholder requirement analysis, identification of bidders list, RFP/RFQ development, conducting competitive bid events, supplier selection, negotiation, contracting, risk mitigation, supply continuity, and supplier performance.

Collaborate with internal customers to create thorough business requirements and incorporate in sourcing strategies and resulting agreements. Persuade internal clients to engage Procurement as a strategic versus tactical partner while communicating Procurement value. Maintain high level of communication with leadership.

Stay abreast of market and industry trends in order to benchmark and develop Procurement best practices. Make sourcing decisions considering total value to the Company including quality, service, technology, risk, compliance, and cost.

Partner with all surgical manufacturing sites to leverage sourcing and to benchmark best practices. Develop links with site procurement teams to find regional and global synergies and unlock supplier/product value. Develop strong and effective supplier relationships to drive quality improvement and cost reductions. Manages the relationship with key vendors and ensuring that vendor performance meets or exceeds company requirements through BRM approach.

Build leverage and develop regional/global strategies with key Global, Regional and local suppliers. Build and maintain global wide spend visibility.

Business Intelligence support in terms or market screening, benchmarking, and industry knowledge.

Represent category in all risk mitigations initiatives and develop business cases for second sources projects when required. Be aware and monitor any risks to supply of goods and guard the MOB.

Comply with Quality Policies for vendor evaluation, selection, and approval. Drive compliance of procurement processes for his category according to the Sourcing policy.

Education:
Bachelor’s degree with related experience required. MS/MBA/CPM/CPIM a plus.

Requirements:
Minimum of 7 years of experience in sourcing and procurement.

Extensive experience in a Manufacturing setting with direct material purchasing.

Strong Contracting background.

Demonstrated experience negotiating complex supply agreements and statements of work.

Must have proven track record of delivering cost reductions through effective sourcing and negotiation.

Procurement supervisory experience required.

Knowledge of negotiating and implementing service agreements and contracts.

Must be familiar with supplier performance metrics and key performance indicators.

Excellent communication skills and the ability to effectively influence all levels of management.

Ability to develop procurement strategies for both direct and indirect categories.

Ability to think critically and multitask with sense of urgency.

This position may be available in the following location(s): [[location_obj]]

\#LI-DH1

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Job Applicants should be aware of job offer scams perpetrated through the use of the Internet and social media platforms.

Our Benefit Programs: https://www.bausch.com/careers/benefits/

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