Sr. Strategic Sourcing Specialist Job Details

Sr. Strategic Sourcing Specialist Job

Boston Scientific Corporation - Arden Hills, MN

Employment Type : Full-Time

Sr. Strategic Sourcing Specialist Job

Boston Scientific's hybrid workplace includes remote and onsite roles. By applying to this position, you will have the opportunity to discuss your preferred working location with your Talent Acquisition Specialist.

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:


The Sr. Strategic Sourcing Specialist at Boston Scientific is responsible for developing and executing optimal commodity & sourcing strategies. Act as SME for Precious Metals and must monitor and analyze the market and overall economic conditions. Establish & enhance Supplier relationships to drive sourcing & supplier initiatives to meet or exceed product quality, service & deliver sustainable cost reductions, while 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 commodity.


Your Responsibilities Include:

• Develops and implements Category Strategies in applicable sourcing categories that results in a sustainable competitive advantage.
• Monitor and analyze the Precious Metal market and overall economic conditions. Coordinate Precious Metal consumption and reclaim process among all BSC Sites.
• Manages strategic supplier relationships in line with the Category Strategy and understands the strategic differentiators for each supplier.
• Promotes and works towards balanced continuous (year-on-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.
• Negotiates value improvements and manages optimal supplier contracts.
• Assists in the Supplier Stratification activities and develops capability roadmaps with Supplier Engineering and Category Management as part of the Category Strategy.
• Interacts with Site Operational Procurement Teams.
• Owns annual budget process for assigned suppliers as well as crisis or systematic issue resolution. Promotes early supplier involvement in New Product Development to achieve development performance goals, support project timelines, and manage product cost.
• Gathers Market Intelligence and trends for the Commodity and Sub-Commodities.
• Identifies risks within the commodity and works closely with stakeholders to eliminate or take mitigating actions for strategic risks.
• Establishes relationship with R&D stakeholders 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.
• 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 engages on proactive information sharing with other Global Sourcing Team Members to optimize supply base.
• Collaborate with Supplier Engineering to develop Should-Cost Models for major sub-commodities.
• Analyses data and develops tools to manage the Commodity.
• 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.
  

What We're Looking For:

Required Qualifications:

• Bachelor’s degree required
• Minimum of 6+ years Strategic Procurement (Sourcing) and Supplier Relationship Management experience in a manufacturing environment.
• Strong analytical skills.

Preferred Qualifications:

• Medical Device experience is preferred.
• MBA degree is preferred.
• Precious Metal knowledge is preferred.

Requisition ID: 518718

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.

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.

Nearest Major Market: Minneapolis
Job Segment: Strategic Sourcing, Medical, Engineer, Product Development, Operations, Healthcare, Engineering, Research, Strategy