Additional Location(s): US-MN-Maple Grove
About the role:The Strategic Sourcing Specialist plays a key role in supporting and executing sourcing strategies that optimize total cost, improve supplier performance, mitigate supply risk, and support business growth within the Packaging category. Partnering with cross-functional teams and divisional stakeholders, this role manages supplier relationships, executes sourcing initiatives, and drive value across the supply chain, while working independently to lead supplier-facing activities, manage sourcing projects, and contribute to strategic business objectives through data-driven decision making, risk management, and supplier performance improvement.
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:- Analyzing market intelligence, supplier capabilities, industry trends, and category data to influence sourcing strategies and supplier decisions
- Supporting sourcing strategy development and implementation through market analysis, supplier assessments, risk evaluations, and executing category initiatives; maintain knowledge of qualified suppliers to support segmentation and sourcing activities
- Managing supplier relationships through business reviews, scorecards, corrective actions, and continuous improvement initiatives to improve performance
- Using SAP, Tableau, Excel, and other analytical tools to analyze spend, cost, and supplier performance; support AOP activities, supplier cost reviews, and financial planning processes
- Leading negotiations and identifying opportunities for cost reduction, consolidation, and value improvement
- Managing supplier agreements (e.g. CDAs, SQAs and SAAs and support MSAs and other commercial agreements
- Leading sourcing projects and coordinating, timelines and deliverables
- Presenting supplier performance updates, sourcing recommendations, and risk assessments
- Identify and communicate supplier-related risks and support mitigation and continuity plans.
Required qualifications- Bachelor's degree in business, supply chain, engineering or finance-related discipline
- 2 years of professional experience in sourcing or procurement and supplier management or supply chain operations
- Experience supporting supplier negotiations and commercial agreements
- Experience conducting spend analysis, market analysis, supplier performance evaluations, and cost modeling
- Experience managing multiple projects and cross-functional stakeholders
- Proficient with Microsoft Excel, Word and PowerPoint
- Ability to travel up to 20% globally
Preferred qualifications- Professional certification such as CPSM, CPIM, CSCP, PMP, or Lean Six Sigma
- Experience in packaging components or direct materials
- Experience working in medical device or similarly regulated industry
- Experience supporting sourcing strategy development and supplier risk management
- Knowledge of agreements that cover supply, confidentiality, and supplier quality
- Experience using SAP, Tableau
- Knowledge of COGS, TCO, PPV, inventory management, and supplier cost drivers
Requisition ID: 635069Minimum Salary: $85000Maximum Salary: $161500The 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.
