Stryker Corporation

Sourcing Manager (Hybrid)

Stryker Corporation$118K — $196K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in supply chain management, business, finance, engineering or related field, or equivalent experience.
  • 8 years of experience in supply chain management, with at least 5+ years in strategic sourcing.
  • Strong negotiation skills with a track record in contract administration.
  • Ability to assess and mitigate supply base risk effectively.
  • Experience in international procurement and supplier management is preferred.

Responsibilities

  • Develop strategic sourcing strategies that align with business goals.
  • Implement supplier and commodity strategies including spend assessments and sourcing selections.
  • Foster relationships with key suppliers and internal stakeholders to represent supplier interests.
  • Negotiate long-term supply contracts and manage supplier-related issues.
  • Identify supply base risks and create mitigation plans.
  • Utilize market trends for cost controls and necessary business strategy changes.
  • Engage in cost-based negotiations with suppliers and ensure cost standards align with operating budgets.

Benefits

  • Flexible hybrid work model with a mix of onsite and remote work.
  • Opportunity to work within a well-regarded industry.
  • Engagement in significant cost reduction strategies and supply optimization projects.
  • Leadership role involving high-level supplier negotiations and strategy implementation.
  • Professional growth opportunities in a dynamic and regulated environment.
Full Job Description
Work Flexibility: Hybrid or Onsite

The Sourcing Manager (Hybrid) will be responsible for developing sourcing strategies for defined suppliers and/or commodities for MAKO business unit. You will work to obtain the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management. You will lead the development and implementation of specific strategies and projects related to cost reduction initiatives, supply base and sourcing optimization and rationalization, quality improvement, risk assessment, and contract negotiation. Hybrid located in weekly onsite with the ability to work for home This is a hybrid role. We are seeking a candidate in Weston, FL or surrounding area. The employee is expected to be physically present at a Stryker location on a weekly basis but has the flexibility to work from home.

Key Areas of Responsibility
  • Develop best in class strategic sourcing strategies for assigned suppliers and/or commodities in support of business objectives
  • Implement supplier and/or commodity strategy which will include spend/supply assessments, consolidation strategy, sourcing selection, financial and make v's buy analyses.
  • Develop strong relationships with key suppliers as well as other disciplines within the businesses. Represent the 'voice of the supplier' in the organization
  • Negotiate favorable long-term supply contracts and serve as the escalation point in resolving supplier challenges.
  • Identify supply base risk, develop and implement mitigation plans
  • Utilize market trends to identify and implement appropriate cost controls and business strategy changes.
  • Perform cost analyses in partnership with Value Engineering and engage in cost-based negotiations with suppliers.
  • Responsible for assuring cost standards are established for annual operating budgets.
  • Lead development of scorecards and business reviews for key suppliers


Required Qualifications
  • Bachelor's degree in supply chain management, business, Finance, Engineering or related field or equivalent experience
  • 8 Years experience in supply chain management, of which at least 5+ years in strategic sourcing.


Preferred Qualifications
  • Experience operating in a highly regulated industry
  • Demonstrated excellence in contractual negotiations and administration to obtain best prices and terms on products, materials, and services
  • Experience in the assessment and mitigation of risk in the supply base
  • International procurement and supplier management experience


USN: $118,000 - $196,700 USD Annual

Travel Percentage: 10%

About Stryker Corporation

Stryker Networks is a premier Information Technology partner providing IT managed services and database application development.

Stryker Corporation Careers

Joining Stryker Corporation means becoming part of a global team recognized for its commitment to innovation, leadership, and enhancing patient outcomes. As a leading medical technology company, Stryker is the perfect place to build a career that truly makes a difference.

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At Stryker, every position contributes to our mission of making healthcare better. Here, you will use your skills to work on transformative projects that improve lives across the globe. You will be part of a culture that thrives on growth, innovation, and leadership, and you will work alongside some of the brightest minds in the industry.

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Our employees enjoy a collaborative atmosphere that fosters innovation and encourages professional development. With a commitment to leadership and diversity, Stryker ensures that all team members have the opportunity to grow and influence the company's future. Our global scale and dedication to impactful solutions make us leaders in medical technology.

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Stryker is dedicated to career development, offering extensive training, benefits, and resources to help you advance professionally. From networking opportunities to workshops on resume and interview skills, we support your journey every step of the way. Our career paths are as diverse as the innovative products we develop and the markets we serve.

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Stryker Corporation – A Leader in Medical Technology

Our commitment to improving healthcare through innovative products sets us apart in the medical technology field. The synergy of our team’s expertise and our leadership in technology solutions enables us to meet the needs of our customers effectively.

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Learn more about Stryker Corporation
Size
46,000 employees
Market Cap
$91.9 billion
Industry
Net Income
$1.5 billion
Founded
2004
5 Year Trend
+8.6%
Revenue
$14.3 billion
NASDAQ

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