Principal Strategic Sourcing Buyer/Planner - Shockwave

Johnson & Johnson • Santa Clara, CA

4d • $109,000 - $174,800 • Onsite

About The Position

Johnson & Johnson is hiring for a Principal Strategic Sourcing Buyer/Planner – Shockwave Medical to join our team located in Santa Clara, CA. Fueled by innovation at the intersection of biology and technology, we’re developing the next generation of smarter, less invasive, more personalized treatments. Ready to join a team that’s pioneering the development and commercialization of Intravascular Lithotripsy (IVL) to treat complex calcified cardiovascular disease. Our Shockwave Medical portfolio aims to establish a new standard of care for medical device treatment of atherosclerotic cardiovascular disease through its differentiated and proprietary local delivery of sonic pressure waves for the treatment of calcified plaque. Position Overview The Principal Strategic Sourcing Buyer/Planner will play a pivotal role in supporting the development and production of our medical devices. This individual will be responsible for procuring and planning goods and services for R&D and production to meet and maintain service levels, quality, cost/project budget, and targeted inventory levels. The role also includes establishing and fostering relationships with suppliers, communicating, and negotiating to ensure delivery schedules are met, competitive prices are obtained, and all activities remain in compliance with regulatory requirements and Shockwave quality standards.

Requirements

• Bachelor’s degree in Business, Supply Chain, Engineering, or related discipline. Master’s degree preferred.
• 10+ years of progressive procurement/planning experience with demonstrated expertise in strategic sourcing, supplier negotiations, and production planning.
• Prior experience in a regulated environment (medical devices, pharmaceuticals) strongly preferred.
• Hands-on experience with MRP/ERP systems — Oracle Fusion Cloud experience strongly preferred.
• Strong understanding of production planning methodologies, including MRP, reorder point, BOM management, NPI / EOL transitions, and replenishment strategies.
• Proven negotiation and supplier management skills with a track record of delivering cost savings and improved supplier performance.
• Strong financial acumen and ability to build business cases and perform cost analysis.
• Familiarity with contracts and commercial terms (MSA, LOI, NDA, pricing agreements).
• Excellent communication, stakeholder management, and cross functional collaboration skills.
• Analytical mindset with proficiency in Microsoft Excel and data analysis tools.
• Self-driven and capable of working independently. as well as a strong team player who collaborates effectively with cross-functional teams; able to build relationships at all levels within internal stakeholders and external suppliers/vendors.
• Strong ability to balance immediate and long-term priorities with appropriate urgency to meet deadlines and exceptional multi-tasking skills.
• Working knowledge of quality system requirements and compliance (e.g. traceability, QSRs, ISO, MDD/MDR requirements).
• Proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook, Power BI etc.).
• Lean / Six Sigma Green Belt or comparable training.
• APICS certification preferred.

Responsibilities

• Lead strategic sourcing initiatives and category management for key direct spend categories (components, raw materials, packaging, subcontracts, finished goods).
• Develop sourcing strategies that optimize total cost of ownership, supplier risk, and quality.
• Source, purchase, plan, and schedule the movement of materials and services through production and inventory processes to meet service levels, quality standards, and project budgets.
• Create, review, and approve purchase requisitions and purchase orders; validate supporting documentation, payment terms, currency, and specification clarity
• Deliver monthly forecasts to suppliers based on production plans and NPI timelines; maintain consistent supplier communications and forecast updates.
• Drive supplier selection, onboarding, and performance management; lead supplier negotiations (pricing, terms, lead times, quality, SLAs, MSAs) to achieve cost savings and value creation.
• Apply costing and pricing techniques (benchmarking, should cost, BOM cost, VA/VE, competitive bidding) to develop negotiation positions and business cases for supplier selection.
• Coordinate cross functionally with Engineering, Quality, Production, and Warehouse teams to manage requirements, engineering changes, quality issues, and supplier corrective actions.
• Monitor open POs and supplier performance; proactively expedite, mitigate supply risks, and implement contingency plans to prevent production disruptions.
• Resolve PO to invoice discrepancies, returns, and nonconformances; manage supplier claims and corrective actions through closure.
• Support R&D and NPI efforts with early supplier engagement, cost modeling, and supplier readiness activities.
• Lead MRP/ERP activities related to procurement and planning, including master data maintenance, transactions, reporting, work instructions, and system cleanup. Maintain strong ownership of ERP data integrity and process flows.
• Produce procurement and inventory reports and dashboards to track KPIs (OTD, inventory turns, days of supply, PO aging, savings).
• Plan and lead regular cadence meetings, including daily production/expedite stand-ups, weekly supplier reviews, and cross functional planning meetings.
• Mentor and guide junior buyers/planners; lead cross functional sourcing projects and continuous improvement initiatives.
• Ensure compliance with applicable quality system and regulatory requirements (traceability, QSRs, ISO, MDD/MDR as applicable).
• Perform other duties as assigned.

Benefits

• The Company maintains highly competitive, performance-based compensation programs.
• Under current guidelines, this position is eligible for an annual performance bonus in accordance with the terms of the applicable plan. The annual performance bonus is a cash bonus intended to provide an incentive to achieve annual targeted results by rewarding for individual and the corporation’s performance over a calendar/performance year. Bonuses are awarded at the Company’s discretion on an individual basis.
• Employees and/or eligible dependents may be eligible to participate in the following Company sponsored employee benefit programs: medical, dental, vision, life insurance, short- and long-term disability, business accident insurance, and group legal insurance.
• Employees may be eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)).
• Employees are eligible for the following time off benefits: Vacation – up to 120 hours per calendar year Sick time - up to 40 hours per calendar year; for employees who reside in the State of Washington – up to 56 hours per calendar year Holiday pay, including Floating Holidays – up to 13 days per calendar year Work, Personal and Family Time - up to 40 hours per calendar year
• Additional information can be found through the link below. https://www.careers.jnj.com/employee-benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees