Additional Location(s): US-MN-Maple Grove
About the Role: The Principal Strategic Sourcing Specialist develops and executes sourcing strategies designed to reduce costs, enhance supplier value contributions, and establish a sustainable competitive edge in key direct sourcing categories. With a focus on the metals category, this role collaborates with divisional stakeholders to align and optimize sustainable sourcing strategies to achieve service and cost improvement targets, while leading a team of cross-functional partners in Supplier Quality and Supplier Engineering to execute project deliverables, ensure product quality, and drive cost savings.
At Boston Scientific, we value collaboration and synergy. This role follows a hybrid work model, requiring employees to be in our local office at least three days per week.
Boston Scientific will not offer sponsorship or take over sponsorship of an employment VISA for this position at this time.
Your responsibilities will include:- Partnering with divisional stakeholders to align on project goals and organizational objectives; develop and leverage supplier relationships to deliver ideal outcomes that benefit all parties
- Establishing early supplier involvement with R&D to align on the category strategy, manage product costs, achieve project objectives and ensure timelines are met
- Establishing an optimal balance between collaborative engagement and competitive pressure with supply base; realize maximize value through supplier contract negotiations and value improvements
- Managing supplier performance according to the category strategy and key differentiators; identify opportunities to improve total cost of ownership (TCO)
- Managing strategic supplier relationships and facilitating supplier business reviews to evaluate all aspects of quality, service, and cost to drive continuous value improvements
- Influencing team performance through shared vision and supportive leadership; coach and mentor cross-functional teams to foster a culture of collaboration, accountability and excellence
- Leading and supporting business process improvement projects; support site purchasing team(s) as needed
Required Qualifications:- Bachelor's degree in any discipline
- Minimum 7 years of experience with strategic sourcing, procurement and supplier relationship management in a manufacturing environment
- Experience with strategy development with effective decision-making with strong negotiation skills; ability to influence internal and external teams
- Experience with project management and peer leadership
Preferred Qualifications:- Master's degree or professional certification (CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
- Experience working in medical devices or similarly regulated industry
- Experience sourcing for and procuring metal components
- Ability to work independently & collaborate with cross-functional teams to complete projects
- Strong critical thinking and analytical skills: process and results-oriented
- Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
- Detail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively
Requisition ID: 633238Minimum Salary: $102100 Maximum Salary: $194000 The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) - see www.bscbenefitsconnect.com-will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs.
At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.Compensation for
non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).
Compensation for
exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).
For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.
