Director, Strategic Sourcing

Verathon, Inc.•Bothell, WA

60d•$165,000 - $238,000•Onsite

About The Position

Verathon® is looking for a Director of Strategic Sourcing to become the newest member of our Operations organization located in Bothell, WA. The Director of Strategic Sourcing is responsible for defining and executing Verathon’s sourcing and supplier strategy to enable sustained double-digit growth. This leader is accountable for supplier selection and performance, cost efficiency, and supply continuity across a diverse global supplier base within a highly outsourced manufacturing model. The role partners closely with Operations, Quality, Finance, and R&D and reports to the VP of Global Operations while regularly engaging with the Executive Leadership Team to guide sourcing strategy, supplier relationships, and performance outcomes.

Requirements

Bachelor’s degree required; MBA or advanced degree preferred.
10+ years of progressive experience in strategic sourcing or supply chain leadership within medical device, healthcare, or complex manufacturing industries.
5+ years of people management and team leadership experience
Demonstrated strength in supplier negotiation, development, and executive relationship management.
Proven success balancing cost, quality, risk, and supply continuity in a global sourcing environment.
Financial and analytical acumen with the ability to connect sourcing decisions to business performance.
Experience implementing digital and analytical tools, including AI applications, in supplier management.
Strong communication, leadership, and change management skills with the ability to influence at all levels.
Global experience and willingness to travel internationally.

Responsibilities

Develop and execute sourcing strategies that align supplier capabilities, cost structure, and business growth objectives.
Drive total cost of ownership reduction, cost avoidance, efficiency improvements, and value generation across the supplier base.
Build and manage executive-level relationships with key suppliers to strengthen collaboration, performance, and responsiveness.
Lead supplier selection, negotiation, and contracting to secure best-in-class commercial and operational outcomes.
Oversee supplier development programs that improve quality, delivery performance, and readiness for new product introductions.
Manage supply chain risk and resilience, including dual sourcing, continuity planning, and mitigation of geopolitical or supplier-specific exposure.
Evaluate sourcing locations, import/export exposure, and tariff impacts to optimize cost and sourcing decisions.
Drive sustainable sourcing practices, ESG compliance, supplier social responsibility, and ethical supply chain standards.
Advance the use of data analytics and AI to enhance supplier visibility, decision-making, and team productivity.
Establish procurement governance, audit controls, policy enforcement, and risk/compliance oversight.
Own supplier scorecards, productivity targets, and sourcing performance metrics.
Collaborate with Finance and Operations to support working capital and margin improvement goals.
Lead and develop a team of NPI Buyers and Commodity Managers; set clear expectations, build bench strength, and foster professional growth.
Drive sourcing, cost, and procurement strategy through new product development to increase speed to market and ensure cost discipline from concept through launch.
Represent sourcing performance and strategy in executive reviews and business planning discussions.
Travel globally to engage suppliers, negotiate agreements, and assess capability and compliance.

Benefits

Verathon provides a competitive benefits package including medical, dental, vision, basic life insurance, paid holidays, paid time off and a 401(k) matching plan. For more information, please visit our complete Benefits Summary at https://www.verathon.com/US-HQ-Employee-Benefits-Summary.

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