Principal Strategic Sourcing Specialist - Metals

Boston Scientific•Maple Grove, MN

3d•Hybrid

About The Position

The Principal Strategic Sourcing Specialist develops and executes sourcing strategies designed to reduce costs, enhance supplier value contributions, and establish a sustainable competitive edge in key direct sourcing categories. With a focus on the metals category, this role collaborates with divisional stakeholders to align and optimize sustainable sourcing strategies to achieve service and cost improvement targets, while leading a team of cross-functional partners in Supplier Quality and Supplier Engineering to execute project deliverables, ensure product quality, and drive cost savings. 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.

Requirements

Bachelor’s degree in any discipline
Minimum 7 years of experience with strategic sourcing, procurement and supplier relationship management in a manufacturing environment
Experience with strategy development with effective decision-making with strong negotiation skills; ability to influence internal and external teams
Experience with project management and peer leadership

Nice To Haves

Master’s degree or professional certification (CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
Experience working in medical devices or similarly regulated industry
Experience sourcing for and procuring metal components
Ability to work independently & collaborate with cross-functional teams to complete projects
Strong critical thinking and analytical skills: process and results-oriented
Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
Detail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively

Responsibilities

Partnering with divisional stakeholders to align on project goals and organizational objectives; develop and leverage supplier relationships to deliver ideal outcomes that benefit all parties
Establishing early supplier involvement with R&D to align on the category strategy, manage product costs, achieve project objectives and ensure timelines are met
Establishing an optimal balance between collaborative engagement and competitive pressure with supply base; realize maximize value through supplier contract negotiations and value improvements
Managing supplier performance according to the category strategy and key differentiators; identify opportunities to improve total cost of ownership (TCO)
Managing strategic supplier relationships and facilitating supplier business reviews to evaluate all aspects of quality, service, and cost to drive continuous value improvements
Influencing team performance through shared vision and supportive leadership; coach and mentor cross-functional teams to foster a culture of collaboration, accountability and excellence
Leading and supporting business process improvement projects; support site purchasing team(s) as needed