Sr Strategic Sourcing Manager - IT and Professional Services

Medtronic•Northridge, CA

20d

About The Position

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. A Day in the Life The Diabetes Operating Unit focuses on improving the lives of those within the global diabetes community. As a business, we strive to empower people with diabetes to live life on their terms by delivering innovation that truly matters and providing support in the ways they need it. We’re committed to meeting people with diabetes where they are in their journey, always with an aim to make their lives easier. Our portfolio of innovative solutions is designed to provide customers greater freedom and better health, helping them achieve better glucose control while spending less time managing their disease. Click here to learn more about products. The Sr Strategic Sourcing Manager - IT & Professional Services will lead the development and execution of sourcing strategies for the Professional Services category within indirect Strategic Sourcing Organization. This role is responsible for identifying value-creating opportunities, managing sourcing events, and driving cost, quality, and service excellence across a global portfolio of suppliers. Professional Services Category is inclusive of IT Product & Services, Data and Outsourcing, HR, Consulting, Finance and Legal Services. This is a high impact opportunity to play a key role in a business preparing for a strategic transformation. Sr Strategic Sourcing Manager – IT & Professional Services role will report to the Director of Indirect Strategic Sourcing. This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.

Requirements

Bachelor’s degree in Business, Supply Chain, Finance, or related field and a minimum of 7 years of relevant experience with 5+ years of managerial experience, or advanced degree with a minimum of 5 years of relevant experience with 5+ years of managerial experience.
Proven track record of delivering cost savings and service improvements in a global, matrixed environment.
Strong Knowledge of contracting, vendor negotiations, and supplier governance
Demonstrated ability to understand technical concepts and collaborate effectively with IT and R&D stakeholders to negotiate complex technology contracts.
Experience working in highly regulated industry (medical device, pharmaceutical, or life sciences industries is strongly preferred).
Strong knowledge of contract negotiation, supplier performance management, and regulatory compliance (FDA, ISO 13485).
Excellent communication, stakeholder engagement, and project management skills.
Proficiency in sourcing and contract management tools (e.g., Coupa, Ariba, SAP).
Ability to travel up to 30% of the time

Nice To Haves

7+ years of strategic sourcing, procurement, or category management in Professional Services experience.
MBA or Master’s in Engineering, Healthcare, or Operations
Lean Six Sigma, PMP, or relevant certification a plus
Experience with digital sourcing platforms or analytics tools
Global sourcing experience is a strong advantage

Responsibilities

Strategic Sourcing & Category Management Lead global sourcing initiatives for Professional Services categories (IT Product & Services, Data and Outsourcing, HR, Consulting, Finance and Legal Services)
Analyze spend, market trends, and supplier performance to identify cost reduction and service improvement opportunities.
Develop and execute category strategies that align with business goals and regulatory requirements (FDA, ISO 13485).
Collaborate cross-functionally with stakeholders to ensure alignment of sourcing strategies with business needs.
Supplier Management and Contracting Manage end-to-end sourcing processes including RFPs, negotiations, vendor evaluation, and contract development.
Lead complex negotiations for IT and R&D Services, including managed services, cloud solutions, software development, infrastructure support, and outsourcing agreements.
Partner with Legal, Privacy, and Quality to ensure contracts meet regulatory and operational standards.
Negotiate complex technology-related contracts, particularly in IT and R&D verticals, leveraging strong technical acumen to ensure optimal terms and strategic outcomes.
Establish and manage service level agreements (SLAs) and key performance indicators (KPIs) to monitor supplier performance.
Mitigate supplier risks and support the creation of roust continuity and continency plans across regions.
Stakeholder Engagement and Leadership Foster collaborative, strategic relationships with key business stakeholders across IT, R&D, Finance, Legal, Quality and Compliance.
Serve as a trusted advisor and sourcing leader for business partners to drive continuous improvement and innovation.
Manage project timelines, stakeholder expectations, and communication for all Professional Services sourcing initiatives.
Track and report on savings, value realization, and program status to senior leadership.

Benefits

Medtronic offers a competitive Salary and flexible Benefits Package
We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
Health, Dental and vision insurance
Health Savings Account
Healthcare Flexible Spending Account
Life insurance
Long-term disability leave
Dependent daycare spending account
Tuition assistance/reimbursement
Simple Steps (global well-being program)
Incentive plans
401(k) plan plus employer contribution and match
Short-term disability
Paid time off
Paid holidays
Employee Stock Purchase Plan
Employee Assistance Program
Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).