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Sr. Strategic Sourcing Specialist Job

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Date: Sep 3, 2021

Location: Arden Hills, MN, US, 55112

Company: Boston Scientific

Additional Locations: (n/a)

 

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.


Sr. Strategic Sourcing Specialist


 

About the Role:
 

As a Senior Sourcing Specialist, you will be part of the Plastics, Resins and Chemicals team and responsible for developing and executing optimal Category & Sourcing strategies for Coated Parts and Coating Chemicals. Included in the responsibilities are tasks such as: establish & enhance supplier relationships to drive sourcing & supplier initiatives to meet or exceed product quality, service & sustainable cost reductions, whilst 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.
 

 

Your Responsibilities Include:

 

  • Provide strategic influence while building value-add relationships with 3rd party suppliers and respective internal stakeholders to increase sourcing efficiency.
  • 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 identify Value Improvement Program's to improve TCO accordingly.
  • Ensure optimal balance between collaborative engagement and competitive pressure to ensure maximum value is realized.
  • Negotiate value improvements and manage optimal supplier contracts.
  • Assist in the Supplier Stratification activities and develop capability roadmaps with Supplier Engineering and Category Management as part of the Category Strategy.
  • Manage strategic supplier relationships in line with the Category Strategy and understand the strategic differentiators for each supplier.
  • Interact with Site Operational Procurement Teams.
  • Own annual budget process for assigned suppliers as well as crisis or systematic issue resolution.
  • Establish early, new supplier involvement to achieve development performance goals, support project timelines, and manage product cost.
  • Establish and support a work environment of continuous improvement that supports BSC’s Quality Policy, Quality System, and the appropriate regulations for the area they support.
  • Gather Market Intelligence and trends for the Category.
  • Define, build, and plan alignment on Category Strategy for assigned category.
  • Identify risks within the Category and work closely with stakeholders to eliminate or take mitigating actions for strategic risks.
  • Lead R&D communications 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 insourcing and outsourcing opportunities.
  • Develop and implement sourcing strategies in key sourcing categories that results in a sustainable competitive advantage.
  • Guide respective internal leads through a holistic & systematic category approach to material & supplier selection and management.
  • Identifies all suitable suppliers per commodity and region per sample RFQ and develops comprehensive supplier knowledge & database.
  • Work closely with and engage on proactive information sharing with other Global Sourcing Team Members to optimize supply base.
  • Develops Should-Cost Models for major sub-categories.
  • Analyze data and develop tools to manage the Category.


 

What We’re Looking For:


 

Required Qualifications:
 

  • Bachelor’s degree required, engineering degree preferred and/or technical experience.
  • Minimum of 5 years Strategic Procurement (Sourcing) and Supplier Relationship Management
  • Experience in a manufacturing environment.


 

Preferred Qualifications:
 

  • MBA degree preferred.
  • Medical Device experience preferred.
     

 

Requisition ID: 503762

 

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 is proud to be an equal opportunity and affirmative action employer.

 

Boston Scientific maintains a drug-free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.

 


Nearest Major Market: Minneapolis

Job Segment: Strategic Sourcing, Medical, Engineer, Coating, Operations, Healthcare, Engineering, Manufacturing, Strategy