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Senior Strategic Sourcing Manager

Medtronic

Senior Strategic Sourcing Manager

Medtronic

5 Locations

·

On-site

·

Full-time

·

2w ago

Benefits & Perks

Flexible Benefits Package

Required Skills

Logistics Sourcing

Supply Chain Management

Negotiation

MS Office

Excel

Leadership

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 Senior Strategic Sourcing Manager is responsible for managing the end-to-end sourcing process across the LATAM region for Supply Chain categories, including transportation, warehousing, and trade compliance, while supporting global or special initiatives as needed. As part of a global Indirect Sourcing team, it reports into the Director, Strategic Sourcing, based in the US. The role will also partner very closely with stakeholder leaders in the LATAM region. The candidate can be working in a flex work model in/or Colombia, Puerto Rico, Mexico and Brasil.

Responsibilities may include the following and other duties may be assigned:

  • Identify and nurture talent
  • Create value across ~$150M in annual indirect spend in the region
  • Engage and influence multiple stakeholders (mostly senior leadership across both manufacturing and commercial sites) to adopt and implement strategies developed by the team; Medtronic is a highly matrixed organization and having the ability to influence and leverage the matrix is a key requirement
  • Work independently and build strategic relationships with key suppliers
  • Develop and implement strategies that result in a sustainable competitive advantage
  • Achieve (year-on-year) value improvements for all aspects of quality, service, innovation, cost
  • Perform RF(x) events to drive competitive pressure and ensure maximum value is realized
  • Lead contract negotiations
  • Provide stakeholders with a balanced view of contract risk and liabilities
  • Build multi-year (at least 2 years) pipeline to support planning process
  • Assist in Supplier Stratification activities (e.g., Supplier Relationship Management)
  • Gather Market Intelligence and trends for relevant categories and associated sub-categories
  • Gather internal and external benchmarks in a systematic manner to support sourcing efforts
  • Recommend solutions to business problems and/or identify opportunities for improvement
  • Follow governance processes and Purchasing Controls systems to ensure compliance
  • Educate and train stakeholders on key indirect supply management initiatives and policies

Required Knowledge and Experience:

  • Bachelor’s degree
  • Ten years of relevant experience in Logistics Sourcing or advanced degree with a minimum of 8 years of relevant experience in Logistics Sourcing
  • Prior experience in Supply Chain & Logistics or Logistics Sourcing
  • Prior leadership experience
  • Fluency in Spanish and English
  • Strong negotiating skills and training
  • Knowledge using MS Office Suite (Word, Excel, PPT)
  • Strong analytical and cross-functional collaboration skills
  • Knowledge of working in FDA regulated industries; Master’s degree (e.g., MBA); Understanding of underlying economics of Supply Chain and Proficient in MS Excel and PowerBI is advantageous

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.

Benefits & Compensation Medtronic offers a competitive Salary and flexible Benefits Package

A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000 passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

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About Medtronic

Medtronic

A healthcare technology company that designs and develops AI-based products and solutions for the medical industry.

10,001+

Employees

Minneapolis

Headquarters

Reviews

3.3

10 reviews

Work Life Balance

3.2

Compensation

4.0

Culture

3.4

Career

3.8

Management

3.5

65%

Recommend to a Friend

Pros

Great coworkers and supportive team

Good benefits and compensation

Growth and advancement opportunities

Cons

Aggressive leadership and cultural changes

Limited work-life balance in some roles

Company prioritizes profits over employees

Salary Ranges

1,888 data points

Mid/L4

Mid/L4 · Regulatory Affairs Specialist

151 reports

$102,623

total / year

Base

$95,683

Stock

-

Bonus

$6,940

$75,795

$140,264

Interview Experience

6 interviews

Difficulty

2.5

/ 5

Duration

14-28 weeks

Experience

Positive 0%

Neutral 67%

Negative 33%

Interview Process

1

Application Review

2

Recruiter Screen

3

Technical Phone Screen

4

Technical Interview Round 1

5

Technical Interview Round 2

6

Final Interview

Common Questions

Technical Knowledge

Coding/Algorithm

Behavioral/STAR

Past Experience