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Sourcing - P5

Work mode:  Hybrid
Onsite Location(s): 

Shanghai, SH, CN

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.

About the role:

The Principal Strategic Sourcing Specialist at Boston Scientific is responsible for developing and executing optimal category & sourcing strategies for finished medical devices. 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 category strategy for the assigned category. Responsible for developing a supplier database that identifies and categorizes potential suppliers by category and region to increase the value proposition and reduce TCO.

 

Responsibilities

 
  • Provide strategic influence while building value-add relationships with engaged finished good suppliers to increase sourcing efficiency.
  • Manages strategic supplier relationships in line with the Category Strategy and understands the strategic differentiators for each supplier.
  • Define, build, and plan alignment on Category Strategy for assigned category.
  • Gathers Market Intelligence and trends for the Category and Sub-Categories
  • Identifies risks within the category and works closely with stakeholders to eliminate or take mitigating actions for strategic risks.
  • Drives Supplier strategic activities and develops Supplier capability roadmaps as part of the Category Strategy by collaborating with Supplier Engineering, Supplier Quality and other key stakeholders.
  • Promotes and works towards balanced continuous (year-on-year) value improvement for all aspects of quality, service, and cost with assigned suppliers. Manages supplier performance and identifies Value Improvement Programs to improve TCO accordingly.
  • Ensures optimal balance between collaborative engagement and competitive pressure to ensure maximum value is realized.
  • Negotiates value improvements and manages supplier contracts.
  • Provide strategic influence with internal stakeholders.
  • Responsible for arranging and executing monthly and quarterly supplier performance reviews with key suppliers. 
  • Owns annual budget process for assigned suppliers as well as crisis or systematic issue resolution.
  • 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.
  • Build alignment between business needs and market dynamics.
  • Identifies insourcing and outsourcing opportunities.
  • Establish early involvement to achieve development performance goals, support project timelines, and manage product cost.
  • 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.
  • Identifies all suitable suppliers per category and region per sample RFQ and develops comprehensive supplier knowledge & database.
  • Works closely with and engages on proactive information sharing with other Global Sourcing Team Members to optimize supply base.
  • Develops Should-Cost Models for major sub-categories.

 

Key Skills & Experiences:

  • Bachelor’s degree required
  • Minimum of 10 years Strategic Procurement (Sourcing) and Supplier Relationship Management
  • Leadership and influcening skills
  • Proven quantitative abilities e.g., cost modeling, data analysis
  • Experience managing supplier contracts and negotiating value improvements
  • Excellent communication (in English) and collaboration skills
  • Ability to travel up to 20% of the time, travel typically does not occur over weekend

 

Preferred Qualifications: 

  • Strong experience in developing immature suppliers
  • Understanding about diversified manufacutring technologies and processes
  • OEM, Finish Goods sourcing experience

 

About us

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!

 

Boston Scientific International Medical Trading (Shanghai) Co. Ltd. and its subsidiaries in the Chinese Mainland (hereinafter collectively referred to as “BSC” or “We”) fully respect your privacy rights, and we promise to process your personal information in a legitimated, appropriate, necessary and integrity principle:

  1. We have taken industry-standard security measures to protect your personal information from unauthorized access, public disclosure, use, modification, damage or loss.
  2. In order to protect your personal information rights and avoid unnecessary collection and export of personal information, you do not need to expose the following information in the resume: ethnicity, home address, political opinion, education and work experience relevant to military, government and secret-related units.
  3. In addition, as part of job application procedure, any personal information that you provided will be used (1) to process your application for a specific position (2) to process your application for other vacancies positions from all over the world that may be suitable for you, and we will keep your resume and interview related records in our system for 3 years. After the expiration of the storage period of your personal information, we will delete your personal information to make it inaccessible and keep relevant deletion records, except personal information that must be stored for a longer retention period in accordance with laws and administrative regulations.
  4. As a multinational company conducting business globally, in order to improve the coordination and management of internal functions within the group and optimize human resource efficiency, we may need to share your personal information (as applicable) with Boston Scientific Corporation (our parent company) and other entities of Boston Scientific China outside the Chinese Mainland, as shown in the table below. In the event of international data transfers, we will take appropriate measures to protect your personal information, ensure compliance with legal and regulatory requirements, and ensure that the level of personal information protection by the overseas recipient meets or exceeds the requirements of China Data Protection Laws：
  1. If you have any questions about BSC personal information protection procedure, or need more information or want to raise further concerns, you can contact the Personal Information Protection Officer by writing to the Legal and Compliance Department of BSC ( address: at 31st Floor, Mengzi Road No.763, Huangpu District, Shanghai) or by email globalprivacy@bsci.com.

For more information, please visit us at www.bostonscientific.com

 

Requisition ID: 611480

 

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!


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