Procurement Portfolio Manager (Electronics Contract Manufacturing)

About the Opportunity

The Procurement Portfolio Manager is responsible for leading the development and implementation of sourcing strategies that deliver cost efficiencies, supply assurance, risk mitigation, and quality in the procurement of materials and services for a given product portfolio. They will ensure procurement strategies, processes, and program executions are fully integrated to support internal business plans and company objectives. This role involves collaborating with stakeholders, managing supplier relationships, negotiating terms, and driving improved supplier service levels.

Responsibilities

• Identify business needs of the product portfolio and develop partnerships
• Collaborate with Operations Product/Portfolio Leadership
• Develop supplier strategies aligned with business priorities
• Manage strategic sourcing activities for product portfolio
• Establish and report business analytics, KPIs, and customer satisfaction criteria
• Manage supplier engagements to improve performance and optimize costs
• Develop strategic roadmaps for assigned portfolio
• Lead supplier selection and drive strategic discussions
• Manage Procurement employees
• Adhere to Quality Management System and regulations

About You

Position Qualifications Required:

• Bachelor’s degree with 8+ years of sourcing experience in relevant industries
• Excellent communication and collaboration skills
• Experience in managing strategic sourcing strategies

Position Qualifications Desired:

• Experience with Electronics Manufacturing Services suppliers
• Experience in direct materials sourcing

Benefits

Annual Base Salary Range: $157,000 to $194,000

We offer a competitive compensation package plus benefits and equity program. Individual total compensation varies based on qualifications, skill level, competencies, and work location.

About Company

Penumbra, Inc. is a global healthcare company focused on innovative therapies. They design, develop, manufacture, and market novel products to address challenging medical conditions. The company offers a generous benefits package and promotes a collaborative teamwork environment.

Penumbra is an equal opportunity employer committed to diversity and inclusion.