Senior Strategic Sourcing Specialist

•   Location: Cork
• Req Number: 576263 
• Contract type: Permanent

 

At Boston Scientific, we draw the strength from the unique talents and abilities inherent in a diverse workforce and we believe that the best and most innovative products come from an inclusive workplace where varied viewpoints are welcomed and encouraged. If you require accommodation during the recruitment process please do not hesitate to contact a member of the Talent Acquisition team for a confidential discussion.

 

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

 

 

Purpose Statement:

 

Responsible for developing and executing optimal commodity & sourcing strategies. Establish & enhance Supplier relationships to drive sourcing & supplier initiatives to meet or exceed product quality, service & deliver sustainable cost reductions, while reducing or mitigating risk in the Supply Chain. Responsible for collaborating with internal stakeholders and aligning on optimal sourcing strategies to develop and implement one common Category Strategy for the assigned commodity.
 

 

Key Roles & Responsibilities:

 

• Develop and implement Category Strategies in applicable sourcing categories that results in a sustainable competitive advantage.
• Manage strategic supplier relationships in line with the Category Strategy and understands the strategic differentiators for each supplier.
• Promote and work towards balanced continuous (year-on-year) value improvement for all aspects of quality, service, and cost with assigned supply base. Manage supplier performance and identifies Value Improvement Program's to improve TCO accordingly.
• Negotiate value improvements and manages optimal supplier contracts.
• Assist in the Supplier Segmentation activities and develop capability roadmaps with Supplier Engineering and Category Management as part of the Category Strategy.
• Interact with Site Operational Procurement Teams.
• Own annual part cost/budget process for assigned suppliers & crisis/issue resolution. Promote early supplier involvement in New Product Development (for Strategic Suppliers) to achieve development performance goals, support project timelines, and manage product cost.
• Gather Market Intelligence and analyze trends for your Category and Sub-Category (Raw Material cost fluctuations, Inflation impact, geopolitical challenges to Supply).
• Identify risks within the Category and work closely with stakeholders to eliminate or take mitigating actions for strategic risks.
• Establish relationship with R&D stakeholders related to the Category and facilitate the identification and evaluation of new materials or technologies to cover current and potential future BSC requirements.
• Build alignment between business needs and market dynamics.
• Identify potential insourcing and outsourcing opportunities.
• Guide respective internal leads through a holistic & systematic category approach to material & supplier selection and management.
• Identify all suitable suppliers for your Category and region utilizing RFX process & develop a comprehensive knowledge database for your suppliers.
• Work closely with and engage on proactive information sharing with other Global Sourcing Team Members to optimize supply base.
• Collaborate with Supplier Engineering to develop “Should-Cost Models” for major sub-categories.
• Analyze data and develop tools to manage the Category.
• Establish and support a work environment of continuous improvement that supports BSC’s Quality Policy, Quality System, and the appropriate regulations for the area you support.
   

 

Education & Experience:

 

• Bachelor’s degree required.
• Minimum of 5 years Strategic Procurement (Sourcing) and Supplier Relationship Management Experience in a manufacturing environment. Medical Device experience is an advantage.
• MBA preferred.
   

About us

 

Purpose and Passion – Comprehensive Benefits – Life-Work Integration – Career Growth

 

At Boston Scientific, you will find a collaborative culture driven by a passion for innovation that keeps us connected on the most essential level. With determination, imagination and a deep caring for human life, we’re solving