General Electric Company

Lead Sourcing Specialist - Commodity Management

General Electric Company • $100K — $151K *
Detroit, MI 48228In-Person
Pharmaceuticals & Biotech
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Engineering, or Supply Chain or equivalent experience.
  • 5+ years in Sourcing, Procurement, or Commodity Management, particularly in medical device manufacturing.
  • Strong negotiation and contract management skills essential.
  • Proficient in Power BI and Microsoft Excel for data analysis.
  • Experience leading projects in regulated industries, specifically medical or technology sectors.

Responsibilities

  • Define and implement competitive sourcing strategies for critical medical device components.
  • Drive cost negotiations across GE HealthCare segments focusing on quality and value.
  • Negotiate and manage supplier contracts with an emphasis on compliance and risk.
  • Collaborate with cross-functional teams to align sourcing strategies with business objectives.
  • Conduct data analysis to inform sourcing decisions and monitor supplier performance.
  • Lead sourcing-related projects ensuring timely delivery and alignment with strategic goals.
  • Mentor less experienced team members and share sourcing expertise.

Benefits

  • Comprehensive medical, dental, and vision insurance.
  • Paid time off for work-life balance.
  • 401(k) plan with employee and company contribution options.
  • Life, disability, and accident insurance coverage.
  • Tuition reimbursement for further education.
Full Job Description
Job Description Summary
As a Lead Sourcing Specialist - Commodity Management, you will lead supplier negotiations, develop sourcing strategies, and manage supplier performance to ensure optimal contractual terms and the highest standards of quality, compliance, and cost-efficiency. Leveraging your expertise in sourcing best practices, market dynamics, and cross-functional collaboration, you will deliver value and elevate performance across the supply base while ensuring internal stakeholder satisfaction.

Job Description

Key Responsibilities
  • Category Strategy: Define and implement sourcing strategies for critical components used in medical device manufacturing. with a strong focus on supplier differentiation and competitive positioning within each category. Maintain a deep understanding of the competitive landscape and the rationale behind supplier selection, including capabilities, innovation, cost structure, and regulatory compliance. Utilizes in-depth knowledge of a discipline (Computers) and analytical thinking to execute policy/strategy.
  • Cost and Supplier Management: Drive annual cost negotiations across all GE HealthCare segments, securing optimal terms while balancing quality, risk, and long-term value. Lead supplier reviews, including technology and business performance assessments, to ensure alignment with strategic goals.
  • Contract & Risk Management: Negotiate and manage supplier contracts with a focus on quality, regulatory compliance (e.g., FDA, ISO 13485), and risk mitigation. Support escalations related to supplier performance issues and compliance with internal procurement policies.
  • Cross-Functional Collaboration: Partner with Sourcing, Engineering, Quality, and other internal teams to align sourcing strategies with business needs.
  • Data-Driven Decision Making: Conduct data analysis to support sourcing decisions, identify cost-saving opportunities, and monitor supplier performance.
  • Project Leadership: Lead or support sourcing-related projects with moderate complexity, ensuring timely delivery and alignment with business goals.
  • Mentorship & Knowledge Sharing: Act as a resource for less experienced team members, sharing expertise and supporting skill development


Jobs at this level function with some autonomy but are subject to functional practices and precedents or are covered by well-defined policies or review of end results. The job allows modification of procedures and practices covering work as long as the end results meet standards of acceptability (quality, volume, timeliness etc.).

Required Qualifications
  • Bachelor's degree in Business, Engineering, or Supply Chain (or high school diploma/GED with 6+ years of relevant experience).
  • Minimum 5 years of experience in Sourcing, Procurement, or Commodity Management, experience with medical device manufacturing (FDA, ISO13485) or technology manufacturing industry preferred.
  • Strong negotiation and contract management skills.
  • Proficiency in Power BI and Microsoft Excel.
  • Project management experience, especially in regulated industries.


Desired Characteristics
  • Experience in a global team environment.
  • Advanced negotiation and contract strategy skills.
  • Experience working with OEM/ODM suppliers, with demonstrated understanding of product planning and technology roadmaps. Proven success in category/commodity strategy development.
  • Strong analytical and problem-solving abilities.
  • Demonstrated ability to plan, document, and execute sourcing programs effectively.
  • Advanced proficiency with data analytics tools such as Power BI.


We will not sponsor individuals for employment visas, now or in the future, for this job opening.For U.S. based positions only, the pay range for this position is $100,800.00-$151,200.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location. In addition, this position may also be eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package, including not but limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement.

Additional Information

Relocation Assistance Provided: No

About General Electric Company

GE Healthcare provides medical technology, intelligent devices, and care solutions. They offer medical imaging, information technologies, medical diagnostics, patient monitoring systems, performance improvement, drug discovery, and biopharmaceutical manufacturing technologies. GE Healthcare's mission is to improve patient care and outcomes by providing innovative healthcare solutions. Their technologies are used in hospitals, clinics, research institutions, and pharmaceutical companies worldwide to diagnose and treat various medical conditions.

General Electric Company Careers

Join the dynamic team at General Electric Company, a global leader in innovation and technology. As one of the most respected companies worldwide, we offer unparalleled job opportunities that propel your career to new heights. Work You’ll Do At General Electric Company, you’ll be part of a diverse team committed to transforming industries and improving lives through leadership in sectors such as aviation, power, renewable energy, and healthcare. Our culture thrives on innovation and leadership, fostering an environment where you can grow professionally and personally. Lead in a Unique Market Position General Electric Company stands at the forefront of digital and industrial transformation. Here, you’ll leverage your skills to solve complex challenges, drive growth, and lead projects that have a global impact. Our commitment to professional development and diversity training ensures that every team member is equipped to lead and innovate. Collaborate with Industry Experts Work alongside a global network of professionals, each bringing a wealth of knowledge and experience to our collaborative projects. General Electric Company’s culture of inclusivity and teamwork makes it a prime environment for networking and personal development. Innovative Work Join us to work on groundbreaking projects that redefine what’s possible. Our teams at General Electric Company are constantly pushing the boundaries of technology and innovation to create solutions that not only meet but exceed the needs of our customers and communities around the world. Be Part of a Great Team At General Electric Company, we understand that our employees are our greatest asset. That’s why we offer competitive benefits, extensive career advancement opportunities, and a supportive environment that values work-life balance. Our commitment to employee growth is reflected in our robust training programs and our focus on internal mobility. Future-Proof Your Career With a career at General Electric Company, your growth is limitless. Through our various training programs, internships, and leadership development initiatives, you can enhance your skills and advance your career in a direction that aligns with your professional and personal aspirations. Explore Job Opportunities and Internships Whether you’re starting your career or looking to make a significant impact in your field, General Electric Company offers a range of positions and employment opportunities that cater to your talents and ambitions. From internships that provide real-world experience to leadership roles that challenge your strategic thinking, there’s a place for you here. Stay Connected Join Our Team Search open positions that match your skills and interests. We are always on the lookout for passionate, curious, and solution-driven team players. Explore the possibilities that await you at General Electric Company. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights—all from the people who work here. At General Electric Company, we’re more than a company—we’re a community. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities available at General Electric Company and become part of a team that’s reshaping the future of technology and industry. Join General Electric Company today and be a part of our journey to build a better world through essential technology and innovative solutions. Your career at General Electric Company awaits—explore, innovate, and lead with us.
Learn more about General Electric Company
Size
168,000 employees
Market Cap
$90.4 billion
Industry
Business Services
Net Income
$5.7 billion
Founded
1892
5 Year Trend
-9.1%
Revenue
$79.6 billion
NASDAQ
GE
* Ladders Estimates

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