Sr. Strategic Sourcing Manager-Marketing & Consulting Services

MedtronicFridley, MN
$144,000 - $216,000Onsite

About The Position

As the Sr. Strategic Sourcing Manager – Marketing and Consulting Services, you will be a key member of Medtronic’s center-led Indirect Supply Management (ISM) team responsible for managing and influencing the annual spend incurred in the Marketing and Consulting categories. This is a global role, with the vast majority of spend concentrated in the Americas. You will partner with senior stakeholders across Functions, Regions, and Businesses to drive value. Reporting to the Indirect Supply Management (ISM) leader for External Services, you will apply your strong business acumen to choose the right supplier and engagement models as well as put in place contracts that will protect Medtronic’s interests. You will be joining a high-performing External Services procurement team with a “lead from every seat” mindset and an empowered culture. This is the role for you if you’re looking to make a mark in your space. Located at Medtronic's headquarters in Minneapolis, MN, this role is onsite four days per week.

Requirements

  • Bachelor’s degree required with 7+ years of sourcing experience or an advanced degree with 5+ years of sourcing experience.
  • 5+ years of people management or mentoring experience
  • Experience managing both Marketing and Consulting categories

Nice To Haves

  • Deep understanding of the underlying economics of services categories
  • Understanding of the Service Provider landscape, trends, and economics
  • Global Category Management experience (Strategy Development and Execution in accordance with Strategic Sourcing methodology)
  • Knowledge of working in FDA-regulated industries
  • Influencing and leading internal teams and external suppliers to deliver results

Responsibilities

  • Lead strategic category management for approximately $300M in annual expenditure, developing and executing transformational sourcing strategies that deliver sustainable competitive advantage and long-term business value.
  • Drive continuous improvements in cost, quality, service, and innovation through category planning, supplier management, competitive sourcing events (RFx), and strategic contract negotiations.
  • Build strong partnerships with internal stakeholders and suppliers, influencing decision-making across a highly matrixed organization while balancing business objectives, contract risk, and supplier performance.
  • Leverage market intelligence, benchmarking, and gap analysis to identify emerging trends, uncover improvement opportunities, and recommend data-driven solutions to leadership.
  • Establish and strengthen spend management, supplier stratification, capability roadmaps, and sourcing governance practices to optimize category performance and compliance.
  • Lead process and system improvement initiatives that enhance purchasing efficiency, cost management, operational effectiveness, and adherence to procurement controls.
  • Promote a culture of continuous improvement by educating stakeholders on sourcing strategies, procurement policies, and Procure-to-Pay processes while driving enterprise-wide adoption of best practices.

Benefits

  • 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)
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