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Sr. Strategic Sourcing Specialist - Electronics

Boston Scientific
Arden Hills, United Statesfull_timeVerifiedPosted 13 Nov 2024

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 Sr. Strategic Sourcing Specialist applies a thorough and analytical approach to developing and executing sourcing strategies designed to reduce total costs, enhance supplier value contributions, and secure a sustainable competitive edge in key direct sourcing categories. This role collaborates with divisional stakeholders to align and optimize sustainable sourcing strategies for the electronics category and will partner with cross-functional partners in Supplier Quality and Supplier Engineering to execute project deliverables, while ensuring product quality and cost savings. 
     
Your responsibilities will include:

  • Gathering market intelligence and trends for the electronics category and sub-categories
  • Identifying all suitable suppliers to develop comprehensive knowledge and supplier database 
  • Guiding respective internal leads through a holistic and systematic category approach to material and supplier selection and management; identify insourcing and outsourcing opportunities
  • Managing strategic supplier relationships according to the category strategy and strategic differentiators for each supplier
  • Analyzing data and developing cost modeling tools (i.e. should-cost, COGS, etc.) to manage category
  • Collaborating with stakeholders to identify and mitigate issues and supplier-related risks 
  • Working with suppliers to promote continuous value improvement for quality, service, and cost
  • Managing supplier performance and identifying Value Improvement Programs (VIP) to improve the total cost of ownership (TCO) 
  • Establishing an optimal balance between collaborative engagement and competitive pressure with supply base to ensure the maximum value is realized, including negotiations on supplier contracts and value improvements 
  • Supporting the annual budget process for assigned suppliers and resolving systematic issues
  • Establishing early involvement to achieve development performance goals, support project timelines, and manage product cost

 
Required qualifications: 

  • Bachelor’s degree in supply chain, engineering, business or a related field 
  • Minimum 3yrs of direct sourcing experience and supplier relationship management 
  • Experience with MS Excel and other applications (i.e. Word, PowerPoint, MS Project etc.) 
  • Ability to travel globally up to 20%

 
Preferred qualifications: 

  • Master’s Degree or professional certification (i.e. CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.) 
  • Experience sourcing for electronic components for manufacturing operations
  • Experience working in medical device or similar regulated industry
  • Strong decision-making and negotiation skills, ability to influence internal and external teams
  • Ability to work independently and collaborate with cross-functional teams to complete projects 
  • Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
  • Strong critical thinking and analytical skills: process and results-oriented
  • Detail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively
     

Requisition ID: 594989


As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

 

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

 

At Boston Scientific, we recognize that nurt

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Boston Scientific

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