Director, Sourcing

Stryker•Cary, IL

1d•$155,900 - $285,700•Hybrid

About The Position

The Director, Sourcing, will lead sourcing areas, supplier performance initiatives, and manage a team of sourcing professionals (globally) supporting the Medical Division’s Sage business unit. This role requires both strategic thinking and tactical execution in a highly matrixed global environment. Responsible for achieving cost reductions and year-over-year productivity improvements in the total cost of goods and services provided while maintaining or improving product quality and vendor service levels. Liaises with key stakeholders in member organizations and in corporate functions to develop effective cost reduction strategies and implementation plans. The successful candidate will partner and coordinate with stakeholders (Divisional Sourcing, Global Categories, Supplier Quality, Advanced Operations, Materials Management, Operations, Senior Leadership, Legal, Compliance and others) to drive supplier capabilities, build a scalable supplier base, and deliver business results through supplier alignment, cost management, and performance optimization. Obtains the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management. Additionally, this role will manage the team for Sourcing in Medical Division’s Sage business unit.

Requirements

Minimum of 10 years of / Sourcing / Procurement / Supply chain experience preferably in medical devices or other highly regulated environments.
Strategic thinker – understands the details but can operate at a higher level
Strong leadership & interpersonal skills with the ability to engage & influence senior stakeholders
Strong people leading and talent management skills
Experience with world-class strategic sourcing & category management practices
Strong negotiations skills negotiating and implementing commercial contracts to include: supply and quality agreements (QAA).
Strong written & verbal communication skills across all levels
Ability to multi-task and coordinate initiatives with a virtual, global/regional team
Persuasive ‘change agent’ capable of challenging conventional wisdom
Track record of success in capturing value and driving spend to preferred suppliers.
Demonstrated ability to manage and improve vendor performance
Hands-on mentality
Ability to align with peers / stakeholders and build and maintain strong networks
Must be willing to work in a results based, fast-paced environment, with minimal supervision

Responsibilities

Obtain the best Quality, Service, and Value for products and services through effective bidding, negotiation, and supplier management.
Responsibility for leading cross functional efforts to develop and implement Global Category Plans that include cost reductions initiatives, new product development, supply base and optimization and rationalization, quality improvement, risk assessment, contract negotiation, and may include responsibility for cross-divisional, group wide, and/or global strategies and initiatives.
Resident expert in strategic sourcing and procurement practices and serves as a mentor to others.
Engagement at all levels within the organization to drive change engagement and ensure the actions and decisions are aligned to the broader category strategy.
Where not aligned, they will engage the right cross-functional teams to generate a communications plan to influence decision-making.
Lead the development and implementation of strategies and goals in support of overall divisional business objectives for Sourcing in Medical Division’s Sage business unit.
Establish and maintain contractual and business relationships with the senior management of key suppliers.
Lead critical program initiatives
Formulate and implement processes to build a best-in-class strategic sourcing organization
Lead sourcing analysis and selection process and perform cost analyses and make vs buy analyses as required
Advise others on selection/cost analysis
Align on strategic investments for new technologies or capabilities externally at suppliers and internally with R&D or Business Development Teams.
Negotiate, establish, monitor and enforce supplier contracts and agreements
Drive negotiation with large scale, high impact suppliers
Develop strong partnership relationships with key suppliers as well as other disciplines within the businesses
Mobilize teams to deploy risk mitigation strategies, including dual sourcing, IP acquisition, market assessments, supplier's financial assessments, social responsibility, environment, ethics etc.
Partner with finance to drive raw material pricing strategies and react to changing market conditions.
Obtain and communicate market condition information and technology trends related to commodities and suppliers
Utilize market trends to identify and implement appropriate cost controls and business strategy changes
Ensure cost standards are established for annual operating budgets
Organize and lead scorecard review meetings and executive business reviews