Boston Scientific
Sr. Strategic Sourcing Specialist - Electronics
Boston Scientific, Arden Hills, Minnesota, United States,
Diversity - Innovation - Caring - Global Collaboration - Winning Spirit- High PerformanceAt 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 Sr. Strategic Sourcing Specialist applies a thorough and analytical approach to developing and executing sourcing strategies designed to reduce total costs, enhance supplier value contributions, and secure a sustainable competitive edge in key direct sourcing categories. This role collaborates with divisional stakeholders to align and optimize sustainable sourcing strategies for the electronics category and will partner with cross-functional partners in Supplier Quality and Supplier Engineering to execute project deliverables, while ensuring product quality and cost savings.
Your responsibilities will include:Gathering market intelligence and trends for the electronics category and sub-categoriesIdentifying all suitable suppliers to develop comprehensive knowledge and supplier databaseGuiding respective internal leads through a holistic and systematic category approach to material and supplier selection and management; identify insourcing and outsourcing opportunitiesManaging strategic supplier relationships according to the category strategy and strategic differentiators for each supplierAnalyzing data and developing cost modeling tools (i.e. should-cost, COGS, etc.) to manage categoryCollaborating with stakeholders to identify and mitigate issues and supplier-related risksWorking with suppliers to promote continuous value improvement for quality, service, and costManaging supplier performance and identifying Value Improvement Programs (VIP) 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 improvementsSupporting the annual budget process for assigned suppliers and resolving systematic issuesEstablishing early involvement to achieve development performance goals, support project timelines, and manage product cost
Required qualifications:Bachelor's degree in supply chain, engineering, business or a related fieldMinimum 3yrs of direct sourcing experience and supplier relationship managementExperience with MS Excel and other applications (i.e. Word, PowerPoint, MS Project etc.)Ability to travel globally up to 20%
Preferred qualifications:Master's Degree or professional certification (i.e. CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)Experience sourcing for electronic components formanufacturing operationsExperience working in medical device or similar regulated industryStrong decision-making and negotiation skills, ability to influence internal and external teamsAbility to work independently and collaborate with cross-functional teams to complete projectsStrong interpersonal skills, with ability to communicate effectively with individuals on all levelsStrong critical thinking and analytical skills: process and results-orientedDetail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively
Requisition ID: 594989
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 identify, gender expression, veteran's status, age, mental or physical disability, genetic information or any other protected class.Boston Scientific maintains a prohibited substance freeworkplace. 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.
The Sr. Strategic Sourcing Specialist applies a thorough and analytical approach to developing and executing sourcing strategies designed to reduce total costs, enhance supplier value contributions, and secure a sustainable competitive edge in key direct sourcing categories. This role collaborates with divisional stakeholders to align and optimize sustainable sourcing strategies for the electronics category and will partner with cross-functional partners in Supplier Quality and Supplier Engineering to execute project deliverables, while ensuring product quality and cost savings.
Your responsibilities will include:Gathering market intelligence and trends for the electronics category and sub-categoriesIdentifying all suitable suppliers to develop comprehensive knowledge and supplier databaseGuiding respective internal leads through a holistic and systematic category approach to material and supplier selection and management; identify insourcing and outsourcing opportunitiesManaging strategic supplier relationships according to the category strategy and strategic differentiators for each supplierAnalyzing data and developing cost modeling tools (i.e. should-cost, COGS, etc.) to manage categoryCollaborating with stakeholders to identify and mitigate issues and supplier-related risksWorking with suppliers to promote continuous value improvement for quality, service, and costManaging supplier performance and identifying Value Improvement Programs (VIP) 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 improvementsSupporting the annual budget process for assigned suppliers and resolving systematic issuesEstablishing early involvement to achieve development performance goals, support project timelines, and manage product cost
Required qualifications:Bachelor's degree in supply chain, engineering, business or a related fieldMinimum 3yrs of direct sourcing experience and supplier relationship managementExperience with MS Excel and other applications (i.e. Word, PowerPoint, MS Project etc.)Ability to travel globally up to 20%
Preferred qualifications:Master's Degree or professional certification (i.e. CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)Experience sourcing for electronic components formanufacturing operationsExperience working in medical device or similar regulated industryStrong decision-making and negotiation skills, ability to influence internal and external teamsAbility to work independently and collaborate with cross-functional teams to complete projectsStrong interpersonal skills, with ability to communicate effectively with individuals on all levelsStrong critical thinking and analytical skills: process and results-orientedDetail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively
Requisition ID: 594989
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 identify, gender expression, veteran's status, age, mental or physical disability, genetic information or any other protected class.Boston Scientific maintains a prohibited substance freeworkplace. 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.