Senior Procurement Manager

Insightec is a growing medical technology company transforming patient lives through innovative incisionless surgery.

Our culture is as unique as our people, a diverse global team, with different ideas, skills, interests, and cultural backgrounds driven by our core values – Our Patients, Integrity, Team, Quality and Innovation.

Our dedication to making a real impact on the lives of millions of people and paving the path to a bright future for healthcare is what bonds us as a Team. We work together in a dynamic collaborative environment to deliver successfully while believing in and driving a life-work balance philosophy that encourages our employees to do things that are meaningful outside of work. Every role is significant, your voice is heard, and your ideas are encouraged. We challenge and empower our people to be great at what they do while providing a flexible work environment.

Walking through our corridors, you will be inspired by stories of career journeys at Insightec. We take pride in growing internal talent and encourage our employees to achieve their professional ambitions. With over 450 employees in Israel - Haifa and K. Ono, Miami and Dallas, Shanghai, Tokyo, and Europe, we offer in each region competitive perks and benefits.

Do the most meaningful work of your career by joining us on our mission to transform tomorrows, today.

The procurement Sr. Manager will report to the Procurement Director.

What you will be doing:

• Lead, mentor and develop the procurement team, including workload planning, priority setting, performance management and professional growth.
• Define, execute, and oversee procurement strategy and plans of Insigthec direct BOM goods and services suppliers.
• Lead daily procurement activities execution, including issuing purchase orders, confirmations, expediting and maintaining accurate data in the ERP system.
• Serve as the primary contact for procurement related questions, training, policy and alignment by all departments.
• Ensure continuous material availability to support production builds, service needs and consumable treatment kits.
• Manage supplier relationships at a strategic operational level, including tiering, performance oversight, suppliers onboard support and risk evaluation.
• Manage suppliers’ performance (OTD, shortages, recovery plans, etc.) and escalate when needed.
• Lead the operational suppliers ECOs implementation, including phase-in/phase-out coordination, inventory exposure review, and rework/scrap decisions in coordination with Planning, Finance, ME & QA.
• Support engineering projects, including NPIs, with procurement readiness, risk identification and suppliers’ alignment. Lead suppliers’ transitions (supplier-to-supplier or make-to-buy), ensuring seamless operational execution.
• Provide operational support for sourcing activities, including input on LT, MOQ, logistics, service levels, operational constraints and suppliers’ readiness.
• Collect, validate and analyze suppliers’ price quotations to support sourcing decisions. Identify, assess and escalate suppliers price increases while creating mitigations to maintain BOM costs.
• Drive operational cost-reduction and Total Cost of Ownership (TCO) improvement initiatives, focusing on LT/MOQ optimization, supplier performance and logistics efficiency. Works with Finance to manage procurement budget and cash plan execution on regular basis.
• Implement best practices in procurement process and suppliers’ management. Promote continuous improvement through enhanced procurement processes, visibility tools, dashboards and compliance requirements.
• Maintain strong communication with internal stakeholders and external suppliers to ensure alignment, execution, and timely issues resolution and solutions.
• Conduct quarterly business review meetings with strategic suppliers and FTK suppliers.

What you have:

• B.Sc. or higher degree in Engineering / Management.
• 5-7 years managing procurement teams, procurement VOB higher than $50M.
• 10 years procurement experience with multi-disciplinary products, including electronic and mechanical. At list 3-5 years at medical devise OEM.
• Proven record managing full turnkey and turnkey suppliers in Israel and abroad.
• Proven records with procurement process improvement projects, implemented operational excellence processes related to efficiency and BOM cost reduction.
• Strong analytical and ERP skills to lead a KPI driven organization.
• Very high level of English communication skills both spoken and written.

Advantages:

• Experience with commercial contract reviews or suppliers’ agreements
• ERP priority
• M.Sc.