Principal Sourcing Specialist - ExOps

Additional Location(s): US-MN-Maple Grove

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:
In support of the External Operations division, the Principal Sourcing Specialist is responsible for developing and implementing analytical and robust approaches to support strategic sourcing strategies that result in lower total costs, greater supplier value contributions and a sustainable competitive advantage within key sourcing categories. 

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:

• Managing strategic supplier relationships according to the sourcing strategy and strategic differentiators for each supplier
• Collaborating with stakeholders to identify and mitigate risks within the supplier base
• Promoting continuous value improvement for all aspects of quality, service, and cost with assigned supply base
• Managing supplier performance and identifying Value Improvement Programs 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 
• Overseeing 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
• Gathering market intelligence and trends for category development and optimization
• Providing acquisition integration and new product development support as needed
• Leading continuous improvement projects within the sourcing team to enhance performance

Required qualifications: 

• Bachelor’s degree in supply chain, engineering, business or a related field 
• Minimum 7yrs of experience in sourcing and supply chain management or supplier relationship management 
• Experience with MS Office Excel and other applications (i.e. Word, PowerPoint, MS Project etc.) 
• Ability to travel up to 20%

Preferred qualifications: 

• Master’s Degree or professional certification (i.e. CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.) 
• Experience sourcing finished medical devices from contract manufacturers and OEM’s
• 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: 616770

Minimum Salary: $82600 

Maximum Salary: $156900 

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.