Category Manager, IT And Innovation

About The Opportunity

At Medifast, our team members are relentless in our mission of driving Lifelong Transformation, One Healthy Habit at a Time. 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

Medifast is looking for an Category Manager, IT and Innovation to join our team and lead sourcing projects across our IT and Innovation teams. The Category Manager will be responsible for strategic sourcing and procurement across hardware, licensing, software, services, telecommunications, and other technology related categories.

Job Responsibilities

• Responsible for developing category strategies with defined plans for optimizing spend leveraging suppliers, define plans for cost savings, risk assessment and mitigating risk to the organization.

• Manage the end-to-end strategic sourcing process including data and market analysis, strategy development, pricing negotiations, contract review and negotiations, licensing, reseller and equipment maintenance.

• Lead small-to-large scale sourcing initiatives achieving significant cost reductions while maintaining and improving supplier quality and service levels.

• Lead and participate in cross-functional category teams with internal business partners to provide best overall value to the Company, drawing on innovation and best in class IoT

• Oversee and advise on contract structure and terms and conditions. Heavy emphasis on technical services and software licensing agreements.

• Develop strategic supplier relationships to ensure supplier alignment with business goals.

• Apply industry best practices and market trends to create forward-thinking category strategies.

• Serve as a trusted business advisor to internal business partners, providing counsel and guidance in the acquisition of products and services.

• Provide project management and strategic guidance to cross-functional teams and co-workers throughout the sourcing process.

• Identifying and achieving cost reductions through strong analytical and leadership skills

• Responsible for the IT categories, being the main point of contact for suppliers regarding contractual and commercial topics. As part of performance and escalation management, you will also take ownership of issues with internal stakeholders.

• Maintain a continuous approach to learning and gathering market intelligence in order to keep up with the best source of supply, benchmarking, and market trends.

• 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.

• Design and drive overall category strategies, source suppliers for the various IT categories while optimizing commercial terms and total cost of ownership.

Knowledge, Education, Skills, & Abilities

• Bachelor or master's degree in a business-related area or industry.

• Minimum 5 years relevant work experience in Procurement within a Sourcing environment.

• Abundant experience with IT procurement.

• Demonstrated experience with contract review and negotiations, all phases of strategic sourcing and category strategies, supplier relationship management and project management.

• Strong leadership and mentorship skills and ability to influence through factual effective communication and presentation skills.

• Strong interpersonal and team building skills to manage relationships throughout the organization.

• Ability to manage multiple projects from conception to completion in a team environment.

• Excellent presentation skills: Six Sigma or Lean Certification preferred.

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.

About Medifast:

Medifast (NYSE: MED) is the 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 lifestyle. OPTAVIA's holistic solution includes lifestyle plans with clinically proven health benefits, scientifically developed products, and a framework for habit creation - all reinforced by independent coach support for customers on their weight loss journeys. Through its collaboration with national virtual primary care provider LifeMD (Nasdaq: LFMD) and its affiliated medical group, the holistic solution now includes access to GLP-1 medications where clinically appropriate. Visit the OPTAVIA and Medifast websites for more information and follow Medifast on X and LinkedIn.

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

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