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Principal Strategic Sourcing Specialist-MRO

Medtronic
Northridge, United Statesfull_timeVerifiedPosted 15 Aug 2024
💰 $157,200/yr

About the 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.

A Day in the Life

As the Principal Strategic Sourcing Specialist-MRO, you will be a key member of Medtronic’s center-led Indirect Supply Management (ISM) team, reporting to the Sr. Sourcing Manager of Global MRO. This global role 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 MRO space. In this role, you will partner with the center-led business engagement teams to implement pan-Medtronic strategies globally.

The opportunities to create value within this ~$500M 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 Principal Strategic Sourcing Specialist-MRO, you will:

  • Identify strategies across subcategories of the MRO supplies portfolio that utilize multiple levers/approaches to drive value.

  • Work independently and build strategic relationships with internal stakeholders and suppliers.

  • 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.

  • Develop and implement sourcing strategies that result in a sustainable competitive advantage.

  • Gather Market Intelligence and trends for relevant categories and associated subcategories.

  • Achieve (year-on-year) value improvements for all quality, service, innovation, and cost aspects.

  • 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).

  • Assist in Supplier Stratification activities and develop capability roadmaps.

  • 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 the development of a baseline for sourcing cost reduction efforts.

  • Identify insourcing and outsourcing opportunities.

  • Establish and support a work environment of continuous improvement

 Must Have: Minimum Requirements

  • Bachelors degree required

  • Minimum of 7 years of relevant Sourcing, Supply Chain, manufacturing, or equivalent experience, or advanced degree with a minimum of 5 years of Sourcing, Supply Chain, manufacturing, or equivalent relevant experience


Nice to Have

  • Demonstrated experience in building and executing successful category strategies in the MRO/Operations space

  • Highly proficient in Excel, PowerPoint, Power BI

  • Demonstrated leadership, customer service, problem-solving, communication, negotiation, tact, judgment, and organizational skills

  • Demonstrated strength in analytical skills

  • Global Category Management experience (Strategy Development and Execution following Strategic Sourcing methodology)

  • Knowledge of working in FDA-regulated industries

  • Ability to partner with and influence internal technical experts

  • Ability

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Company

Medtronic

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