Full-Time
Head of Global Supply Chain
Confirmed live in the last 24 hours
Lexington Medical
51-200 employees
Develops advanced surgical stapling technology
Hardware
Expert
Bedford, MA, USA
Category
Supply Chain Management
Operations & Logistics
Required Skills
Sales
Requirements
- Bachelor’s degree in Engineering, Supply Chain, Operations or a related field. MBA or advanced degree is a plus
- 10+ years of supply chain experience, including several years in a leadership role
- Proven expertise in implementing world-class sourcing strategies, material planning, and supply chain continuous improvement programs
- Experience in NPI for hardware products, starting up and scaling volume production, and production transfers
- Solid knowledge in ERP/MRP systems. Familiarity with Odoo is a plus
- Excellent analytical and problem-solving skills with the ability to make difficult decisions.
- Direct people management experience. Exceptional leadership capabilities, with demonstrated ability to motivate and develop high-performing teams within a cross-functional environment.
- Experience in complex, physical product industries such as medical device, semiconductor, or automotive preferred
- Experience with a start-up organization and/or environment where agility and adaptability has been demonstrated
- Exceptional negotiation and organizational skills
Responsibilities
- Define, iterate, and execute supply chain processes and strategy as the business scales and shifts.
- Develop and own the global supply base including contract manufacturers. Establish goals and objectives and drive performance across the organization.
- Define and execute sourcing strategies in support of organizational goals.
- Lead and grow the supply chain team while enabling the next generation of leaders
- Oversee the RFQ process and supplier negotiations for new products and sustaining programs.
- Manage supplier performance to drive continuous improvement in quality, delivery time, and cost.
- Develop and lead the SOIP (Sales Operations Inventory Planning) process.
- Drive the development of a highly efficient and scalable materials management function, including warehousing, logistics, and fulfillment.
- Act as a strategic business partner and point of contact to the executive leadership team and board of directors.
- Participate in the design, implementation, and optimization of our ERP system.
- Collaborate with Engineering to influence technical design decisions and NPI strategies.
- Own the P&L for supply chain operations
Lexington Medical focuses on surgical stapling technology for hospitals and surgical centers, particularly in bariatric and gastrointestinal surgeries. Their advanced stapling systems aim to improve clinical outcomes by closing wounds and connecting tissues more effectively. The company is vertically integrated, controlling product development and manufacturing to ensure high quality, and has achieved FDA clearance for their Powered Stapling System. Lexington Medical's goal is to enhance surgical procedures and provide trusted solutions for surgeons worldwide.
Company Stage
Seed
Total Funding
$6.6M
Headquarters
Billerica, Massachusetts
Founded
2013
Growth & Insights
Headcount
6 month growth
↑ 3%1 year growth
↑ 3%2 year growth
↑ 3%
Simplify's Take
What believers are saying
- Lexington Medical's products have been clinically proven to reduce complications and shorten hospital stays, offering substantial benefits to both patients and healthcare providers.
- The company's state-of-the-art manufacturing facility in Massachusetts leverages the latest automation technologies, ensuring high-quality production and operational efficiency.
- Significant milestones like FDA clearance enhance the company's credibility and marketability, potentially leading to increased adoption and sales.
What critics are saying
- The highly specialized nature of their products may limit their market to specific types of surgeries, potentially constraining growth opportunities.
- Dependence on FDA approvals and clinical validations can introduce delays and uncertainties in product launches.
What makes Lexington Medical unique
- Lexington Medical's vertical integration ensures unparalleled quality control and rapid innovation cycles, setting them apart from competitors who rely on third-party manufacturers.
- Their focus on advanced stapling systems specifically for bariatric and gastrointestinal surgeries allows them to specialize and excel in these high-demand areas.
- FDA clearance for their Powered Stapling System validates their commitment to quality and innovation, providing a significant competitive edge.