Senior Sourcing Specialist - ExOps

Additional Location(s): US-MN-Arden Hills

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. Sourcing Specialist partners with best-in-industry suppliers to provide materials, products, innovation, and services that drive a competitive advantage for Boston Scientific. This role is responsible for establishing and cultivating supplier relationships to advance global sourcing objectives, improve supplier performance, strengthen product quality and service, and deliver sustainable cost savings while mitigating risk in the supply chain. The incumbent will manage contract manufacturers (CM) and/or OEM suppliers of Sourced Finished Medical Devices (SFMD), with focus on both new product development (NPD) and sustaining projects for the External Operations team.

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. Relocation assistance is not available for this position at this time. 

Your responsibilities will include:

• Working with Sourced Finished Medical Device manufacturers for capital equipment and/or single-use devices from contract manufacturers and/or OEM suppliers
• Utilizing strategic sourcing methodologies to lead category teams in refining and executing strategies that meet quality, service, and cost objectives
• Promoting continuous value improvement for all aspects of quality, service, and cost within the assigned supply base
• Overseeing contract and vendor management activities, including strategic reviews, site visits, service escalations, and risk mitigation; maintaining supplier performance review metrics and scorecards
• Monitoring and reporting market dynamics and changes that affect internal client needs; identifying category trends to drive continuous improvement with the broader procurement team
• Partnering with internal clients and stakeholders to identify sourcing needs, conduct buyer and market profiles, share marketplace trends and best practices, increase value proposition, and reduce total cost of ownership (TCO)
• Collaborating with core teams to support projects for new product development, integrations, and transfers; aligning with strategic supply base to identify and mitigate risks and deliver according to schedules and cost targets
• Leading negotiation processes and partnering with stakeholders and legal teams to execute contracts
• Managing the bidding process and annual operational budget to ensure accuracy of inputs; addressing proposed increases and preventing unfavorable purchase price variance (PPV)

Required qualifications:

• Bachelor’s degree in any discipline
• Minimum of 3 years' experience with strategic sourcing and supplier relationship management
• Proficiency in cost modeling and data analysis or similar quantitative skills
• Experience managing optimal supplier contracts and negotiating value improvements
• Experience with MS Office Excel and other applications (Word, PowerPoint, MS Project, etc.)
• Ability to travel up to 20% (globally)

Preferred qualifications:

• Master’s degree or professional certification (e.g., CPSM, CPIM, CSCP, PMP, Lean Six Sigma)
• Minimum of 5 years' experience with strategic procurement (sourcing) and supplier relationship management
• Experience working in the medical device or similar regulated industry
• Experience working with finished medical device (SFMD) contract manufacturers and/or OEM
• suppliers
• Strong negotiation and decision-making skills with ability to influence internal and external teams
• Ability to work independently and collaborate with cross-functional teams
• Strong interpersonal skills with the ability to communicate effectively at all levels
• Strong critical thinking and analytical skills; process- and results-oriented
• Detail-oriented with strong organizational skills and ability to manage competing priorities effectively

Requisition ID: 619681

Minimum Salary: $69500 

Maximum Salary: $132000 

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 overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).

For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.

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 nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. 

Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status.  Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment.  Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements.   As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.