Principal Strategy Sourcing Specialist

MiniMed•Los Angeles, CA

2d•$107,000 - $183,000•Hybrid

About The Position

MiniMed is seeking an experienced sourcing professional to support sourcing, contracting, supplier management, and procurement transformation across indirect business services. The role covers categories such as Marketing, Creative and Agency Services, Translation and Localization, Corporate Subscriptions, Research, Training, Consulting, and other non-technology professional services. The specialist leads sourcing initiatives, supplier selection, commercial negotiations, contract execution, and supplier relationship activities, partnering with business stakeholders to drive value, savings, service improvements, innovation, and risk mitigation. This is a highly visible, cross-functional role requiring independent ownership of complex initiatives alongside a substantial volume of day-to-day sourcing, contracting, supplier-management, and stakeholder-support work. The specialist supports category strategies and procurement objectives, serves as a trusted partner to business leaders, and contributes to procurement transformation and process standardization. The role also supports MiniMed's TSA exit and supplier transitions, including establishing replacement supplier and service arrangements for a standalone operating model. The position is based in Northridge, California, with three days per week onsite and two days remote. Travel may be required based on business needs. The role reports to the Senior Sourcing Manager – Business Services.

Requirements

Bachelor's degree in Business, Supply Chain, Marketing, Finance, Communications, or a related field.
At least 5 years of experience in strategic sourcing, procurement, category management, contract management, or supplier management.
Experience sourcing and negotiating business service categories such as Marketing, Agency Services, Translation Services, Consulting, Corporate Services, Training, Research Services, or Professional Services.
Demonstrated success leading complex negotiations and delivering measurable cost savings, cost avoidance, and business value.
Strong understanding of supplier pricing models, contract structures, statement-of-work development, and commercial negotiations.
Experience managing multiple high-priority projects and competing deadlines in a fast-paced environment.
Ability to manage a substantial workload while maintaining responsiveness, quality, and stakeholder satisfaction.
Strong analytical, organizational, and problem-solving skills.
Excellent communication, negotiation, presentation, and stakeholder-management abilities.
Ability to work independently, exercise sound judgment, and prioritize competing demands with minimal supervision.
Ability to work onsite in Northridge, California, three days per week.

Nice To Haves

Experience in the medical device, healthcare, life sciences, biotechnology, or pharmaceutical industries.
Experience supporting TSA transitions, carve-outs, spin-offs, mergers, acquisitions, or large-scale business transformations.
Experience sourcing marketing, creative, media, localization, consulting, or corporate services categories.
Proficiency with sourcing and contract-management platforms such as SAP, Ariba, Coupa, or similar tools.
Experience supporting global suppliers and stakeholders.
Experience with procurement analytics, supplier performance management, and category strategy development.

Responsibilities

Lead strategic sourcing initiatives across Marketing, Advertising, Creative Agencies, Translation and Localization, Corporate Subscriptions, Professional Services, Consulting, Training, and other business service categories.
Manage complex RFP, RFQ, and supplier-selection processes to drive value, cost optimization, service improvements, innovation, and risk mitigation.
Negotiate and execute contracts, statements of work, amendments, renewals, and other commercial agreements.
Advise business stakeholders with supplier recommendations, market intelligence, pricing benchmarks, and commercial-contracting guidance.
Manage a high volume of sourcing projects, contract negotiations, supplier engagements, and business requests while supporting category strategies and procurement objectives.
Balance strategic initiatives with day-to-day sourcing and contracting activities while meeting timelines and changing business needs.
Support TSA exit initiatives by identifying, sourcing, negotiating, and onboarding replacement suppliers and services.
Lead sourcing and contracting for supplier transitions, maintaining continuity of service, managing risk, and executing replacement agreements on time.
Partner with Legal, Finance, Communications, Marketing, HR, PMO, Quality, Compliance, and other stakeholders on contract lifecycle management and supplier onboarding.
Ensure sourcing activities comply with corporate policies, regulatory requirements, and supplier governance standards.
Manage supplier performance, contract renewals, commercial risk assessments, and business continuity considerations.
Monitor industry trends, supplier capabilities, and market conditions to identify value-creation and process-improvement opportunities.
Support procurement transformation initiatives, governance programs, and process standardization.
Contribute to category planning, supplier relationship management, and long-term sourcing strategies.

Benefits

Competitive salary and flexible benefits package.
Health insurance.
Dental insurance.
Vision insurance.
Health Savings Account.
Healthcare Flexible Spending Account.
Life insurance.
Long-term disability leave.
Dependent daycare spending account.
Incentive plans, including eligibility for the Short Term Incentive (STI).
401(k) plan with company match.
Short-term disability coverage.
Paid time off and holidays.
Employee Stock Purchase Plan.
Employee Assistance Program.
Eligible employees may receive a Non-qualified Retirement Plan Supplement and Capital Accumulation Plan, subject to IRS minimum earnings requirements.