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Sr. Sourcing Specialist Job

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Date: Jun 1, 2019

Location: Marlborough, MA, US, 01752

Company: Boston Scientific

Additional Locations: US-CA-San Jose; US-MN-Arden Hills

 

 

Purpose and Passion • Comprehensive Benefits • Life-Work Integration • Community • Career Growth

At Boston Scientific, you will find a collaborative culture driven by a passion for innovation that keeps us connected on the most essential level. With determination, imagination and a deep caring for human life, we’re solving some of the most important healthcare industry challenges. Together, we’re one global team committed to making a difference in people’s lives around the world. This is a place where you can find a career with meaningful purpose—improving lives through your life’s work.

 

Senior Sourcing Specialist
 

 

Position located in Marlborough, Massachusetts, alternate sites Arden Hills, San Jose CA.


 

About the Role:

 

Responsible for developing and executing optimal commodity & sourcing strategies. Establish & enhance supplier relationships to drive sourcing & supplier initiatives to meet or exceed product quality, service & deliver 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 commodity strategy for the assigned category. Responsible for developing a supplier database that identifies and categorizes potential suppliers by commodity and region to increase the value proposition and reduce TCO.

 

Your Responsibilities Include:
 

  • Provides strategic influence while building value-add relationships with engaged finished good suppliers and respective internal stakeholders to increase sourcing efficiency.
  • Promotes and works towards balanced continuous (year-over-year) value improvement for all aspects of quality, service and cost with assigned supply base. Manages supplier performance and identifies Value Improvement Program's to improve TCO accordingly.
  • Ensures optimal balance between collaborative engagement and competitive pressure to ensure maximum value is realized.
  • Negotiates value improvements and manages optimal supplier contracts.
  • Assists in the Supplier Stratification activities and develops capability roadmaps with Supplier Engineering and Supplier Quality Assurance as part of the Category (Commodity) Strategy.
  • Manages strategic supplier relationships in line with the Category (Commodity) Strategy and understands the strategic differentiators for each supplier.
  • Interacts with Site Operational Procurement Teams.
  • Owns 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.
  • Gathers Market Intelligence and trends for the Category and Sub-Categories.
  • Define, build and plan alignment on Category (Commodity) Strategy for assigned commodity.
  • Identifies risks within the category and works closely with stakeholders to eliminate or take mitigating actions for strategic risks.
  • Leads R&D communications related to the Category and facilitates 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.
  • Identifies 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.
  • Establish early involvement to achieve development performance goals, support project timelines, and manage product cost.
  • Identifies all suitable suppliers per category and region per sample RFQ and develops comprehensive supplier knowledge & database.
  • Works closely with and engages on proactive segmentation information sharing with other Global Sourcing Team Members to optimize supply base.
  • Develops Should-Cost Models for major sub-categories.
  • Analyses data and develops tools to manage the Category.

 

 

What We’re Looking For:

 

Required Qualifications
 

  • Bachelor’s degree required
  • Minimum of 5 years Strategic Procurement (Sourcing) and Supplier Relationship Management
  • Proven quantitative abilities e.g. cost modeling, data analysis
  • Experience managing optimal supplier contracts and negotiating value improvements
  • Excellent communication and collaboration skills

     

Preferred Qualifications
 

  • MBA degree preferred
  • Contract Manufacturer, OEM, Finished Good sourcing experience preferred

     

     

 

About us

As a global medical technology leader for more than 35 years, our mission at Boston Scientific (NYSE: BSX) is to transform lives through innovative medical solutions that improve the health of patients. If you’re looking to truly make a difference to people both around the world and around the corner, there’s no better place to make it happen.

 

Boston Scientific is an Equal Opportunity Employer – Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Disability, Veteran

 

Requisition ID: 444472

 


Nearest Major Market: Boston

Job Segment: Medical, Engineer, Medical Technology, Procurement, Supply, Healthcare, Engineering, Operations