Category Sourcing Lead - MRO

Medtronic • Villalba, PR

1d • Onsite

About The Position

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 At Medtronic, we not only can manage indirect categories for the largest medical device company in the world, but we also get to experience the immense sense of purpose that comes from knowing that the money we save is reinvested into technology that helps alleviate pain, restore health, and extend the lives of millions of patients around the world. The work we do supports the Medtronic Mission, and it matters. As the Principal Strategic Sourcing Specialist - MRO, you will be a key member of Medtronic’s center-led Indirect Supply Management (ISM) team, reporting to the Sr. Sourcing Manager of Global MRO. You can create and execute value-driven strategies across many functions, regions, and businesses in this role. These strategies will leverage Medtronic’s global scale to drive year-over-year value within a wide range of MRO sub-categories. You will partner with the center-led business engagement teams in this role to implement pan-Medtronic category strategies globally. The opportunities to create value within this ~$400M category are limitless, and we are seeking a candidate who thrives on generating new value and opportunities in the MRO space. You will bring your demonstrated history of quickly identifying new opportunities, establishing and building relationships in a matrixed environment, working collaboratively to ensure team performance, and successfully influencing various stakeholders at all levels. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Requirements

• Bachelor's degree required.
• Minimum of 7 years of relevant sourcing or supply chain experience or an advanced degree with 5 years of relevant sourcing or supply chain experience

Nice To Haves

• Demonstrated experience in building and executing successful category strategies in the MRO space
• Category management experience with a global company (strategy development and execution following strategic sourcing methodology)
• Proficient in understanding and speaking to relevant company Financial terms that measure overall company performance and how your role impacts these measurements (E.g., P&L, gross margin, EBIT, cash flow/working capital improvement, etc).
• Continuous improvement (CI) mindset
• Proficiency in Excel, PowerPoint, and Power BI
• Demonstrated experiences in problem-solving, negotiations, tact, judgment, high attention to detail, and organizational skills
• Demonstrated written and verbal communication
• Working knowledge of SAP/Ariba spend management tools
• Experience building and presenting sourcing-focused business cases
• Ability to partner with and influence internal technical experts
• Influencing teams and external suppliers to deliver results
• Strong program management skills
• Solid business and legal acumen
• Positive and energetic team player with strong cross-functional team experience

Responsibilities

• Build enterprise-scoped strategies across assigned sub-categories in one of the largest cost pools of indirect spend at Medtronic, utilizing traditional and alternative value levers and approaches to drive year-over-year value.
• Achieve year-over-year value improvements for all aspects of quality, service, and innovation while understanding TCO (total cost of ownership) for assigned sub-categories.
• Lead contract negotiations that support and align with key stakeholder needs and requirements, and align with enterprise-wide Medtronic strategies.
• Gather market intelligence and trends for relevant categories and sub-categories; Strive to become and demonstrate subject matter expertise for assigned sub-categories.
• Perform RF(x) activities to drive competitive pressure and ensure maximum value is realized
• Recommend solutions to business problems and/or identify opportunities for improvement and present ideas and value creation business cases to multiple functions (E.g., EHS, Operations, Finance, Microbiology, Facilities, etc).
• Identify insourcing and outsourcing opportunities.
• Build strategic relationships with internal stakeholders and establish yourself as a trusted advisor for assigned sub-categories.
• Partner closely with key functions that support supply management (E.g., Legal, Finance, Quality, EHS, etc).
• Lead and assist in Supplier Relationship Management (SRM) activities and develop governance for suppliers in your assigned sub-categories
• Work with the internal Sourcing Administration team to expand and utilize internal purchase catalogs to support guided buying processes reflective of broader category strategies
• Engage and influence multiple stakeholders to create and implement strategies in a highly matrixed organization.
• Develop and establish a data gathering and maintenance process to ensure spend transparency and accuracy, and support the development of a baseline for sourcing cost reduction efforts

Benefits

• 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.
• Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).
• Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level