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Principal Strategic Sourcing Specialist - Metals

Boston Scientific
Maple Grove, United Statesfull_timeVerifiedPosted 12 Feb 2025
💰 $600,082/yr($99,100/yr$600,082/yr)

About the role

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.       

 
About the Role: 
 
The Principal Strategic Sourcing Specialist develops and executes sourcing strategies designed to reduce costs, enhance supplier value contributions, and establish a sustainable competitive edge in key direct sourcing categories. With a focus on the metals category, this role collaborates with divisional stakeholders to align and optimize sustainable sourcing strategies to achieve service and cost improvement targets, while leading a team of cross-functional partners in Supplier Quality and Supplier Engineering to execute project deliverables, ensure product quality, and drive cost savings.   At Boston Scientific, we value collaboration and synergy. This role follows a hybrid work model, requiring employees to be in our local office at least three days per week.


Boston Scientific will not offer sponsorship or take over sponsorship of an employment VISA for this position at this time

 

Your responsibilities will include:

  • Partnering with divisional stakeholders to align on project goals and organizational objectives; develop and leverage supplier relationships to deliver ideal outcomes that benefit all parties 
  • Establishing early supplier involvement with R&D to align on the category strategy, manage product costs, achieve project objectives and ensure timelines are met
  • Establishing an optimal balance between collaborative engagement and competitive pressure with supply base; realize maximize value through supplier contract negotiations and value improvements 
  • Managing supplier performance according to the category strategy and key differentiators; identify opportunities to improve total cost of ownership (TCO) 
  • Managing strategic supplier relationships and facilitating supplier business reviews to evaluate all aspects of quality, service, and cost to drive continuous value improvements
  • Influencing team performance through shared vision and supportive leadership; coach and mentor cross-functional teams to foster a culture of collaboration, accountability and excellence
  • Leading and supporting business process improvement projects; support site purchasing team(s) as needed

 

Required qualifications:

  • Bachelor’s degree 
  • Minimum 5 years of experience with strategic sourcing, procurement and supplier relationship management in a manufacturing environment
  • Experience with strategy development with effective decision-making with strong negotiation skills; ability to influence internal and external teams
  • Experience with project management and peer leadership

 
Preferred qualifications:

  • Master’s degree or professional certification (CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
  • Experience working in medical devices or similarly regulated industry 
  • Experience sourcing for and procuring metal components 
  • Ability to work independently & collaborate with cross-functional teams to complete projects
  • Strong critical thinking and analytical skills: process and results-oriented
  • Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
  • Detail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively

 

 

 

Requisition ID: 600082

Minimum Salary: $99100 

Maximum Salary: $188300 

 

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com--will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

 

Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any over

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Company

Boston Scientific

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