• Job Description

  Req#: CATEG002515

  About The Opportunity

  At Medifast, our team members are relentless in our mission of driving Lifelong Transformation, Making a Healthy Lifestyle Second Nature™. When you join Medifast, you become part of a dynamic, fast-growing community of highly motivated, like-hearted people who share a passion for promoting health and wellness. Just as OPTAVIA Coaches inspire Clients to reach their personal wellness goals, at Medifast, we inspire each other to bring our best to work each day to further our shared mission. If you want to build a rewarding career that makes lives better on a daily basis, Medifast may be the perfect place for you.

  Overview Of Position

  The Category Manager of Indirect materials will drive sourcing strategies for key commodities and spend categories to achieve broad business objectives within the Facilities, Operations, and IT spend categories globally. Develop global processes supporting the purchasing objectives within the new markets we are implementing. Executes strategies for contracting, supplier management, business partnering and cost savings. Contributes to annual savings targets. Maintains and provides a current understanding of industry best practices and technology trends to team members and business partners.

  The Category Manager Indirect will contribute to procurement department with legal and ethical means of ensuring lowest total cost, clarifying vendor requirements and identifying opportunities for business improvement. While the Category Manager of Indirect materials is a very strategic role, the ideal candidate will have experience in and appreciation of purchasing strategy, process development, as well as day to day tactical responsiveness, taking particular care of special requests and projects that demand smaller supply, specialty items or changed/condenses delivery timeframes.

  Job Responsibilities

  1. Provides daily support to the organization in purchasing materials within the US market. Approx. $100M annual spend.
  2. Supports global business strategies and objectives through effective procurement of goods and services. Develops, oversees, and improves overall purchasing processes within the markets we are doing business.
  3. Develops innovative approaches to sourcing while using analytics and processes to determine scenarios, benefits, risks and change management impact of each of those options.
  4. Negotiates appropriate service agreements that result in preferential pricing, terms and conditions for Medifast/OPTAVIA. Collaborates with legal regarding the review of MSA’s.
  5. Monthly reviews of spending of various department expenses. Ex: Facilities / office supplies / manufacturing supplies / travel costs / etc. Creates effective reporting to provide management insight into issues / concerns / trends.
  6. Analyzes company spending to identify opportunities to reduce cost, improve supplier performance and improve internal efficiencies in managing the activity within the business. Evaluates supplier core competencies and competitive positioning using industry research and cost models, if appropriate.
  7. Lead contract negotiations with internal business partners to provide best overall value to the Company
  8. Oversee and advise on contract structure and terms and conditions. Heavy emphasis on technical services and software licensing agreements.
  9. Identifying and achieving cost reductions through strong analytical and leadership skills
  10. Engage with key business leaders, colleagues, and other stakeholders to gather business requirements and specifications within multiple Corporate Functions and incorporate these into sourcing strategies, supplier selections and decisions.
  11. Additional duties as assigned

  Scope

  Category Manager Indirect is responsible for overseeing and providing visibility to all indirect spend (approx.. $100M). Works collaboratively and gives direction as needed to MRO/Facilities Purchasing Agent (OM). Provides insight, spend category information, industry trends, and vendor analysis for all Medifast business units. Provides robust analysis and reporting of all spend categories as required by supervisor. Meets regularly with suppliers to review spend, seek savings opportunities, discuss trends, etc. Reviews savings opportunities with all key stakeholders and purchasing agent as needed. Provides strategic sourcing recommendations to internal and external customers. Conducts RFP/bidding process on spend items/categories as requested or needed. Negotiates/reviews all indirect spend agreements, working collaboratively with legal for positive agreement outcome for Medifast.

  Knowledge, Education, Skills & Abilities

  • 7+ years purchasing related experience (contract review, financial analysis, etc.) for a global company.
  • 3+ years’ management/supervisory experience.
  • Bachelor’s degree (Supply Chain Management or Finance) preferred.
  • Demonstrates an effective user of MS Office products. Experience with working in an ERP environment.
  • Project management a plus.
  • Customer focused – Understanding of “Sense of Urgency”.
  • Strong human relations skills to select, develop, mentor, discipline and reward employees.
  • Assertiveness to negotiate and mediate complex pricing and financial implications of contracts.
  • Demonstrated ability to motivate and influence others in a dynamic, high pressure environment.

  At Medifast, Relationships Are At The Center Of What We Do!

  We thrive by elevating our connections with one another as well as with our Coaches & Clients. We believe that everyone has the potential to be OUTSTANDING . The Medifast culture is built on seven core values: integrity, courage, teaming, accountability, empowerment, partnership and diversity. These values aren’t just words on a page – they are celebrated as a core part of the company’s philosophy.

  We Lead By…

  Mastering Relationships: We build trust, promote collaboration and we are reliable.

  Being Innovative: We strive to improve things in our areas of influence; test, refine and expand within the business strategy; and reach beyond real and perceived boundaries.

  Simplifying: We are committed to making things measurable, repeatable and scalable; focusing on outcomes not activities; and eliminating complexity to increase focus.

  Anticipating: We predict long-term business and organizational needs; challenge assumptions; and expect and prepare for the unexpected.

  More About Medifast

  Medifast (NYSE: MED) is the 40+ year old health and wellness company known for its habit-based and coach-guided lifestyle solution OPTAVIA ® , which provides people with a simple, yet comprehensive approach to address obesity and support a healthy life. OPTAVIA provides unparalleled coaching support along with community, tailored nutrition and healthy habits, and empowers people to master their weight loss journey through each stage of life. Through the company’s collaboration with national virtual primary care provider LifeMD® (Nasdaq: LFMD) and its affiliated medical group, customers now have access to GLP-1 medications where clinically appropriate. Medifast remains committed to its mission of offering Lifelong Transformation, Making a Healthy Lifestyle Second Nature™. Visit MedifastInc.com and OPTAVIA .com for more information and follow @Medifast on X and LinkedIn .

  Thank you for taking the time to learn more about Medifast.

  #LI-CB1

  Qualifications

  Behaviors

  Preferred

  Leader : Inspires teammates to follow them

  Team Player : Works well as a member of a group

  Motivations

  Preferred

  Ability to Make an Impact : Inspired to perform well by the ability to contribute to the success of a project or the organization

  Equal Opportunity Employer
  This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

• About the company

  Medifast, Inc. is an American nutrition and weight loss company based in Baltimore, Maryland.

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