Senior Strategic Sourcing Specialist
3 weeks ago
Careers that Change Lives
At Medtronic, we not only get the opportunity to manage indirect categories for the largest medical device company in the world, but we also get to experience the immense sense of purpose that comes from knowing that the money we save is reinvested into technology that helps alleviate pain, restore health, and extend lives of millions of patients across the world.The work we do supports the Medtronic Mission and it matters.
In this role, you will be a key member of Medtronic’s center-led Indirect Supply Management (ISM) team and will report to the Senior Sourcing Category Manager of Global Capital Equipment & Construction. This is a global category role that provides the opportunity to identify and execute value-driven strategies across many functions, regions, and businesses. These strategies will leverage Medtronic’s global scale to drive year-over-year value within the Capital Equipment (CapEx) and Construction space.
The opportunities to create value across this ~$400M category are limitless, and we are seeking a candidate who thrives on building new opportunities every day to learn and make a difference. The ideal candidate will have a demonstrated history of quickly building and leveraging relationships in a matrixed environment, working collaboratively to ensure team performance, and successfully influencing a variety of stakeholders at all levels.
A Day in the Life
As the
Sr. Strategic Sourcing Specialist, Capital Equipment & Construction , you will
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Identify strategies across the entire CapEx/Construction portfolio that utilize multiple levers/approaches to drive sustainable/incremental value.
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Build strategic relationships with internal stakeholders/leadership and critical suppliers.
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Engage and influence multiple stakeholders to adopt and implement strategies developed by the category team; Medtronic is a highly matrixed organization and having the ability to influence and leverage the matrix is a key requirement.
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Demonstrate Market Intelligence and share trends to ensure Medtronic is at the forefront of the CapEx acquisition space.
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Achieve (year-on-year) value improvements for all aspects of quality, service, innovation, and cost.
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Perform RF(x) events to drive competitive pressure and ensure maximum value is realized.
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Partner closely with key functions that support supply management (e.g., legal, finance, quality/compliance)
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Assist in Supplier Stratification activities and develop capability roadmaps.
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Lead contract negotiations
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Recommend solutions to business problems and/or identify opportunities for improvement, and present ideas to leadership.
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Educate on key indirect supply management initiatives and policies.
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Develop robust data gathering and data quality maintenance protocols to ensure spending transparency and support the development of a baseline for sourcing cost reduction efforts.
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Identify insourcing and outsourcing opportunities.
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Establish and support a work environment of continuous improvement.
While we have a preference for candidates based in Minneapolis who are willing to work in a hybrid capacity, we welcome applications from candidates based in the US with the option for remote work opportunities.
Must Have: Minimum Requirements
Bachelors degree required
Minimum of 4 years of relevant experience, or advanced degree with a minimum of 2 years relevant experience
Nice to Have
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Ability to influence teams and external suppliers to deliver results
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Highly proficient in Excel, PowerPoint, Power BI
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Demonstrated leadership, problem-solving, communication, negotiation, tact, judgment, and organizational skills
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Demonstrated strength in analytical skills
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Process/Procedure Authoring and/or Standard Operating Procedure Documentation
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Knowledge of working in FDA regulated industries
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Ability to partner with and influence internal technical experts
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Strong program management skills
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Solid business and legal acumen with a high attention to detail
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Positive and energetic team player with strong cross-functional team experience
About Medtronic
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life.
We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
Physical Job Requirements
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager, recruiter or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage. Learn more about our benefits
here
.
MIP Eligible: This position is eligible for a short-term incentive plan. Learn more about Medtronic Incentive Plan (MIP)
here
.
The provided base salary range is used nationally in the United States (except in Puerto Rico and certain CA locations).The rate offered is compliant with federal/local regulations and may vary by experience,certification/education, market conditions, location, etc.
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