Full-Time

Procurement Portfolio Manager

Updated on 6/1/2024

Penumbra Inc

Penumbra Inc

1,001-5,000 employees

Develops healthcare technology for vascular conditions

Hardware

Compensation Overview

$156.8k - $194.2kAnnually

+ Equity + Additional perks

Senior

Alameda, CA, USA

Required Skills
Communications
Management
Requirements
  • Bachelor’s degree or equivalent
  • 8+ years of sourcing or commodity management experience in the medical device, pharmaceutical, or biotechnology industry
  • Excellent written and oral communication skills
  • Experience in managing strategic sourcing strategies and negotiating long-term agreements
  • Team player with excellent influencing and collaboration skills
  • Ability to communicate effectively with senior management
  • Experience in direct materials sourcing desired
Responsibilities
  • Leading the development and implementation of sourcing strategies
  • Ensuring procurement strategies, processes, and program executions are integrated
  • Collaborating with stakeholders to manage key supply base
  • Identifying and evaluating suppliers, developing strategic relationships, and negotiating terms
  • Managing strategic sourcing activities for a product portfolio
  • Establishing and measuring annual savings plan goals
  • Managing supplier engagements to improve performance and optimize costs
  • Developing strategic roadmaps for assigned portfolio
  • Selecting, managing, training, and developing staff
  • Adhering to the Company’s Quality Management System and regulations

Penumbra, Inc. is renowned for its specialized focus on advanced healthcare technologies aimed at improving treatments for neuro and peripheral vascular conditions. Through its comprehensive product range, including breakthrough solutions like the REAL Immersive System and ACE Reperfusion Catheters, the company maintains a crucial role in enhancing patient care. Employees at Penumbra thrive in a culture dedicated to technical excellence and leadership in medical innovation, making it a highly regarded employer in the healthcare industry.

Company Stage

IPO

Total Funding

$3.4M

Headquarters

Alameda, California

Founded

2004

Growth & Insights
Headcount

6 month growth

5%

1 year growth

11%

2 year growth

19%