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Senior Strategic Sourcing Specialist
Senior Strategic Sourcing SpecialistMinnesota Staffing • Minneapolis, MN, US
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Senior Strategic Sourcing Specialist

Senior Strategic Sourcing Specialist

Minnesota Staffing • Minneapolis, MN, US
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  • [job_card.full_time]
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Medtronic Indirect Supply Management Role

At Medtronic, you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. In this role, you will be a key member of Medtronic's center-led Indirect Supply Management (ISM) team and will report to the Sr. Sourcing Manager of Global Capital. This is a 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 sub-categories. In this role, you will partner with the center-led business engagement teams to implement pan-Medtronic category strategies across the globe. The opportunities to create value within this ~$400M category are limitless, and we are seeking a candidate that 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, work collaboratively to ensure team performance, and successfully influence a variety of stakeholders at all levels. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Position Responsibilities :

  • Develop and execute strategies across subcategories of the Capital portfolio that utilize multiple levers / approaches to drive value and result in a sustainable competitive advantage
  • Work independently and build strategic relationships with internal stakeholders and suppliers
  • Adept at collaborating with and influencing diverse stakeholders to develop and execute strategies. Skilled in navigating and leveraging complex matrixed organizational structures like Medtronic to drive successful outcomes
  • Gather market intelligence and analyze trends for the responsible subcategories to support strategy building and execution, and inform strategic decision-making
  • Achieve (year-on-year) value improvements for all aspects of quality, service, innovation, and cost
  • Perform RF(x) events to drive competitive pressure and ensure maximum value is realized
  • Partner closely with key functions that support supply management (e.g., legal, finance, quality / compliance)
  • Lead in Supplier Relationship Management activities for the responsible subcategories
  • Lead contract negotiations
  • Recommend solutions to business problems and / or identify opportunities for improvement, and present ideas to leadership
  • Educate on key indirect supply management initiatives and policies
  • Develop robust data gathering and data quality maintenance protocols to ensure spend transparency and support development of baseline for sourcing cost reduction efforts
  • Identify insourcing and outsourcing opportunities
  • Establish and support a work environment of continuous improvement.

Minimum Requirements :

Minimum bachelor's degree and 4 years relevant experience or advanced degree with a minimum of 2 years relevant experience.

Nice To Have :

  • Global Category Management experience (Strategy Development and Execution in accordance with Strategic Sourcing methodology)
  • Knowledge of working in FDA regulated industries
  • Ability to partner with and influence internal technical experts
  • Influencing teams and external suppliers to deliver results
  • Strong program management skills
  • Solid business and legal acumen
  • Positive and energetic team player with strong cross-functional team experience
  • Demonstrated experience in building and executing successful category strategies in the Capital space
  • Highly proficient in Excel, PowerPoint, Power BI
  • Critical thinking
  • Demonstrated leadership, customer service, problem solving, communication, negotiation, tact, judgment, and organizational skills
  • Demonstrated strength in analytical skills
  • High attention to detail
  • Excellent written and verbal communication
  • Physical Job Requirements :

    The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 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.

    Benefits & Compensation :

    Medtronic offers a competitive salary and flexible benefits package. 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. Salary ranges for U.S (excl. PR) locations (USD) : $82,400.00 - $123,600.00 This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification / education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others). The following benefits and additional compensation are available to those regular employees who work 20+ hours per week : Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance / reimbursement, and Simple Steps (global well-being program). The following benefits and additional compensation are available to all regular employees : Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums). Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico. Further details are available at the link below : Medtronic benefits and compensation plans.

    About Medtronic :

    We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions. Our Mission to alleviate pain, restore health, and extend life unites a global team of 95,000+ passionate people. We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

    We Change Lives :

    Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That's who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.

    We Build Extraordinary Solutions As One Team :

    With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.

    This Life-Changing Career Is Yours To Engineer :

    By bringing your ambitious ideas, unique perspective and contributions, you will

    Build a better future, amplifying your impact on the causes that matter to you and the world

    Grow a career reflective of your passion and abilities

    Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning

    These commitments set our team apart from the rest :

    Experiences that put people first. Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.

    Life-transforming technologies. No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.

    Better outcomes for our world. Here, it's about more than the bottom line.

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