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Full-Time

Senior Director

Operations Engineering

Posted on 7/26/2024

PROCEPT BioRobotics

PROCEPT BioRobotics

501-1,000 employees

Develops robotic solutions for BPH treatment

Robotics & Automation
Healthcare

Compensation Overview

$196k - $271kAnnually

+ Bonus + Equity

Senior, Expert

San Jose, CA, USA

Category
Manufacturing Engineering
Mechanical Engineering
Required Skills
Communications
Product Design
Requirements
  • BS in Mechanical Engineering or Manufacturing or a similar engineering discipline is required; an advanced degree is preferred
  • 12+ years of experience in the medical device industry with progressively increasing levels of responsibility
  • 8+ years of experience within Operations Engineering – process engineering, sustaining engineering, supplier engineering, NPI
  • 7+ years of direct technical supervisory experience
  • Must have technical experience working on complex electro‐mechanical systems
  • Must be familiar with U.S. FDA GMP requirements for manufacturers and maintain the production operations in compliance with these requirements
  • Demonstrated reasoning ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems
  • Demonstrated ability to be a proactive and collaborative leader in a dynamic operations and engineering environment
  • Excellent interpersonal and communication skills across all levels of the organization
  • Must be able to work in a dynamic, fast‐paced environment with strong ability to establish technical and professional credibility
  • Must be able to manage and resolve conflicting product and project priorities and be a strong team player with the ability to collaborate across functional areas
  • This is an on-site role and will require presence in the office 4-5 days a week
  • This role may require some travel to visit suppliers domestically and internationally (about 10%)
Responsibilities
  • Oversee the Manufacturing and Supplier Engineering team by developing and implementing in‐depth strategies and project plans to improve the manufacturing process and the product design
  • Create, apply, and monitor performance metrics for products, processes and personnel
  • Take ownership of creating and improving manufacturing processes, including assembly and test fixture designs, process automation, and defining CTQs and SPCs
  • Develop and drive annual strategy for improving manufacturing outcomes like quality, cost, efficiency, DFx, etc
  • Work with cross-functional teams on issues of diverse scope, where analysis of situation or data requires evaluation of a variety of factors, including an understanding of current business trends
  • Plan annual budget to ensure resources are adequate to execute approved projects and goals
  • Provide leadership, coaching, and development plans for all direct reports to maintain an engaged and productive workforce
  • Be responsible for the hiring, development, and performance management of the various levels of engineers and engineering leaders. Plan, assign and manage work; develop, set, and track annual goals and objectives
  • Drive projects through cross-functional collaboration, timeline, and schedule management

PROCEPT BioRobotics develops robotic solutions specifically for treating benign prostatic hyperplasia (BPH), a condition that affects many older men by causing prostate enlargement and urinary issues. Their main product, the AquaBeam Robotic System, utilizes Aquablation therapy, which combines real-time imaging, robotics, and waterjet technology to precisely remove prostate tissue in a minimally invasive manner. This system is designed for urologists and healthcare facilities, allowing for improved patient outcomes and more efficient surgical procedures. Unlike competitors, PROCEPT BioRobotics focuses on providing predictable results and reducing complications, which has led to their technology being recognized in clinical guidelines. The company's goal is to enhance the quality of life for patients suffering from BPH through advanced surgical solutions.

Company Stage

IPO

Total Funding

$637.7M

Headquarters

Redwood City, California

Founded

2009

Growth & Insights
Headcount

6 month growth

5%

1 year growth

29%

2 year growth

121%
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Simplify's Take

What believers are saying

  • Long-term data demonstrating the sustained benefits of Aquablation therapy enhances the company's reputation and supports its market position.
  • Significant investments, including $118 million in equity financing, provide the financial resources needed for global expansion and innovation.
  • FDA approval for investigating Aquablation therapy for prostate cancer opens new market opportunities and potential revenue streams.

What critics are saying

  • Ongoing investigations by law firms into possible securities fraud could damage the company's reputation and investor confidence.
  • The medical device market is highly competitive, and maintaining technological leadership requires continuous innovation and substantial investment.

What makes PROCEPT BioRobotics unique

  • PROCEPT BioRobotics specializes in Aquablation therapy, a unique minimally invasive treatment for BPH that combines real-time imaging, robotics, and waterjet technology, setting it apart from traditional surgical methods.
  • The company's focus on urology and the treatment of BPH allows it to develop highly specialized and effective solutions, unlike competitors with broader medical device portfolios.
  • The inclusion of PROCEPT's technology in clinical practice guidelines underscores its credibility and effectiveness, distinguishing it from less established competitors.
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