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NPI Sourcing Manager

Rapidly Growing Life Sciences Technology Company

Ultima Genomics is a rapidly growing company that is developing ground-breaking genomics technologies. Our mission is to continuously drive the scale of genomic information to enable unprecedented advances in biology and improvements in human health. We have developed a foundational new approach to sequencing at scale that overcomes limitations due to the high costs of current technologies. We are well-funded and have raised approximately $600 million from global top-tier investors. Our team brings together unique and diverse expertise across multiple disciplines, from healthcare and life sciences, to engineering, to technology and software and beyond. We are a collaborative group, including successful entrepreneurs, chemists, hardware and software engineers, genomics and biotechnology experts, molecular and computational biologists, software and algorithm experts, and operations and commercial leaders. Join us to develop and commercialize technologies that unleash the power of genomics at scale and empower the future of human health. 

We are looking for a highly motivated NPI Sourcing Manager to join our operations team!

How You’ll Contribute

  • Develop and implement sourcing strategies for new product introductions (NPI) that align with company objectives and timelines
  • Collaborate with engineering and product management teams to understand product requirements and specifications to identify and qualify potential suppliers based on technical capabilities, cost, quality, and capacity
  • Build detailed engagements to develop RFQ/P's from suppliers followed by scorecards and executive presentations to drive the way we make sourcing decisions
  • Apply critical skills to identify and employ strategies to effectively meet product and project cost goals, identify supply risk, and evaluate supplier performance
  • Identify alternatives for “high risk” suppliers that could jeopardize product launch goals 
  • Oversee supplier new product forecast communication to ensure short- and long-term visibility is available for supplier capacity and delivery planning
  • Support staff with project management activities including but not limited to tracking part deliveries and handling partner concerns on late deliveries
  • Negotiate contracts such as Development or Purchase Agreements
  • Participate in design reviews by providing input on manufacturability, cost, and supplier capabilities
  • Other duties as assigned

Qualifications, Skills, Knowledge & Abilities

  • BS in Supply Chain Management, Engineering, Biotech, Business, or a related field
  • 10+ years of experience in sourcing, procurement, or supply chain management, with a focus on new product development.  Experience in an ISO13485 or another regulated environment a plus
  • Must possess Technical (Engineering/Science/Technology) and Commercial aptitudes
  • Proven knowledge of inventory management, project management, should-cost models, and supplier negotiation
  • Excellent organizational, communication and time management skills
  • Interpersonal skills and ability to build, develop and maintain trusting relationships both internally and externally
  • Strong ability to manage and prioritize multiple projects while maintaining accuracy and meeting deadlines; competent in balancing short-term, urgent needs with long-term strategic initiatives
  • Ability to make effective presentations to peers and suppliers
  • Capability to recognize potential team areas of improvement, propose solutions and gain commitment of team and other peer managers

At Ultima Genomics, your base pay is one part of your total compensation package. This role pays between $120,000 and $140,000, if performed in California, and your actual base pay will depend on your skills, qualifications, experience, and location.  Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus, equity, or benefits.  This role is also eligible for a competitive benefits package that includes: medical, dental, vision, life, and disability insurance; 401(k) retirement plan; flexible spending & health savings account; paid holidays; paid time off; employee assistance program; and other company benefits.

Ultima Genomics is proud to be an equal opportunity workplace and is an affirmative action employer. We provide equal employment opportunity for all applicants and employees. We do not discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), gender identity, gender expression, national origin, ancestry, citizenship, age, physical or mental disability, military or veteran status, marital status, domestic partner status, sexual orientation, genetic information, or any other basis protected by applicable laws. See also Ultima Genomics’ EEO Policy and Know Your Rights. If you have a disability or special need that requires accommodation, please let us know by contacting recruiting@ultimagen.com.

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CEO of Ultima Genomics
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Average salary estimate

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$120000K
$140000K

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What You Should Know About NPI Sourcing Manager, Ultima Genomics

Are you ready to take your career to the next level? Ultima Genomics, a rapidly growing life sciences technology company in Fremont, California, is seeking a highly motivated NPI Sourcing Manager to join our dynamic operations team. Our mission is all about unlocking the potential of genomics technologies to transform biology and healthcare. As the NPI Sourcing Manager, you'll play a crucial role in shaping our sourcing strategies for new product introductions. You'll collaborate closely with engineering and product management teams, ensuring we understand the product requirements and find the right suppliers who meet our technical, quality, and cost benchmarks. We value innovative thinking, and you'll have the opportunity to develop detailed engagements, scorecards, and presentations that drive our sourcing decisions. Your critical skills will help identify risks and alternatives for high-risk suppliers while ensuring that we meet our product launch goals efficiently. Strong interpersonal skills are a must, as you'll be working collaboratively with the team and external suppliers. We’re searching for someone who has a solid understanding of inventory and project management and can manage multiple projects simultaneously while keeping everything on track. With a competitive salary and an array of benefits, joining Ultima Genomics is more than just a job—it’s a chance to be a part of an exciting journey within a leading-edge company. If you're driven, organized, and ready to make an impact in the world of genomics, we want to hear from you!

Frequently Asked Questions (FAQs) for NPI Sourcing Manager Role at Ultima Genomics
What does the NPI Sourcing Manager do at Ultima Genomics?

The NPI Sourcing Manager at Ultima Genomics is responsible for developing sourcing strategies for new product introductions. This includes collaborating with different departments to identify suppliers, evaluate their capabilities, and negotiate contracts to ensure successful product launches.

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What qualifications are required for the NPI Sourcing Manager at Ultima Genomics?

Candidates for the NPI Sourcing Manager position at Ultima Genomics should have a BS in Supply Chain Management or a related field, along with at least 10 years of experience in sourcing, procurement, or supply chain management, specifically focused on new product development.

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What skills are essential for the NPI Sourcing Manager role at Ultima Genomics?

Essential skills for the NPI Sourcing Manager role include strong technical and commercial aptitude, excellent organizational and time management skills, and the ability to build trusting relationships internally and externally, ensuring effective collaboration across teams.

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What is the work environment like for an NPI Sourcing Manager at Ultima Genomics?

The work environment at Ultima Genomics is collaborative and innovative, bringing together diverse expertise from various fields. As an NPI Sourcing Manager, you will work closely with a team of successful professionals who are passionate about advancing genomics technology.

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What are the main responsibilities of the NPI Sourcing Manager at Ultima Genomics?

The main responsibilities include developing and implementing sourcing strategies, collaborating with engineering and product management, identifying high-risk suppliers, overseeing supplier communication, and negotiating development agreements.

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How does Ultima Genomics support their NPI Sourcing Manager?

Ultima Genomics supports its NPI Sourcing Manager with a competitive compensation package alongside comprehensive benefits, emphasizing employee wellness, potential for professional growth, and a workplace that values equal opportunity and inclusion.

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What kind of projects does the NPI Sourcing Manager oversee at Ultima Genomics?

The NPI Sourcing Manager oversees projects related to new product introductions, focusing on supplier engagements, contract negotiations, supplier performance evaluation, and coordinating with product management to meet project deadlines.

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Common Interview Questions for NPI Sourcing Manager
Can you describe your experience with supplier negotiation as an NPI Sourcing Manager?

When answering this, focus on specific examples where you've successfully negotiated contracts, the strategies you used, and how these negotiations impacted both product quality and cost-efficiency.

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How do you develop sourcing strategies for new products?

To answer this, highlight your approach to aligning sourcing strategies with company objectives. Discuss how you assess market conditions, supplier capabilities, and product specifications to build a robust strategy.

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What critical skills do you possess that make you suitable for the NPI Sourcing Manager role?

Identify key skills such as technical expertise, project management experience, and strong negotiation abilities, providing examples of how each skill has contributed to your past success in similar roles.

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How do you prioritize multiple sourcing projects?

Discuss your process for assessing project urgency and importance. Mention tools or methodologies you use for managing timelines and ensuring that all projects remain on track without compromising quality.

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Can you give an example of a challenging supplier issue you resolved?

Share a specific incident where you encountered a challenging supplier situation, the action steps you took to resolve it, and the positive outcome that followed as a result of your intervention.

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What approach do you take to evaluate potential suppliers?

Explain your method for evaluating suppliers, including criteria like technical capabilities, quality assurance processes, and historical performance metrics. Mention how you document and present your findings to the team.

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How do you handle supplier performance issues?

Describe your process for monitoring supplier performance and the steps you take when addressing issues. Emphasize your commitment to maintaining strong relationships while ensuring accountability.

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What strategies do you use to identify and mitigate supply risks?

Discuss specific techniques you use, such as conducting risk assessments, maintaining good communication with suppliers, and developing contingency plans to effectively manage supply risks.

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How do you ensure that NPI timelines are met during the sourcing process?

Talk about your project management skills, including tools and methodologies you use to track progress, communicate with stakeholders, and ensure that every stage of the NPI process aligns with the project timeline.

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What role does collaboration play in your function as an NPI Sourcing Manager?

Explain how you work with various departments, like engineering and product management, to align goals and foster teamwork, ultimately leading to successful product launches that meet company standards.

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Our mission is to continuously drive the scale of genomic information to enable advances in biology and improvement in human health. While genomic information is foundational to understanding biology, curing disease, and improving health, the high...

5 jobs
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FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
SALARY RANGE
$120,000/yr - $140,000/yr
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
November 25, 2024

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