Strategic Sourcing Specialist
Actively Reviewing the ApplicationsMedtronic
Job Description
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the Life
The Strategic Sourcing Analyst will be a key member of Medtronic’s center-led Indirect Supply Management team and will be responsible for day to day management of IT services categories, including but not limited to IT consulting, IT services and Data Management categories. Successful candidates will be able to support all strategic sourcing aspects for these indirect sourcing categories with potential to expand responsibilities to additional indirect categories in the future.
Responsibilities may include the following and other duties may be assigned:
- Create value across the entire portfolio of ~$500M+.
- Work independently to build strategic relationships with internal stakeholders and suppliers.
- Lead reporting & data analytics for supplier management & spend program governance.
- Support implementation of sourcing strategies that result in a sustainable competitive advantage.
- Assist in supplier relationship management activities for strategic IT services categories.
- Achieve year on year value improvements for all aspects of service, innovation, and cost.
- Lead and support complete RFx events for IT services.
- Lead and support strategic contract negotiations for large scale engagements with sophisticated IT partners.
- Advise internal stakeholders with a balanced view of contract risk and liabilities and advocate for their interests.
- Gather market intelligence and industry trends.
- Recommend solutions to business problems and identify opportunities for improvement.
- Educate and train stakeholders on key indirect supply management initiatives and policies.
- Bring forth a mindset of continuous improvement.
- Lead from your seat! We’re looking for a highly talented individual who is motivated by setting challenging goals and given the freedom to achieve them.
- Work alongside experienced and motivated colleagues who are collaborative, creative and know how to have fun.
- Have the opportunity to mentor early to career talent, if this is an area of interest for you!
Required knowledge and experience:
- Bachelor's degree and 4+ years of sourcing/category management experience or an advanced degree with 2+ years of experience.
- Growth mindset, passion, curiosity + grit; Must demonstrate a strong desire to learn from every opportunity.
- Ability to influence stakeholders at all levels of the organization.
- Strong oral and written communication skills.
- Strong analytical and critical thinking skills and ability to drive actionable insights from data.
- Highly proficient in Microsoft Excel, Word, PowerPoint.
Nice to Have:
- Indirect sourcing experience (Professional Services, IT or IT Services, Financial Services, Legal Services, Facilities, etc.) preferred, however will consider the right candidate with only direct materials experience
- Experience reviewing and drafting legal agreements.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
Required Skills
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