Sr. Strategic Sourcing & Procurement Specialist - Contingent Labor

Medtronic Inc.•Northridge, CA

42d•Onsite

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 Medtronic 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 on their journey, always with an aim to make their lives easier. Our portfolio of innovative solutions is designed to provide customers with greater freedom and better health, helping them achieve better glucose control while spending less time managing their disease. Click hereâ¯to learn more about products. 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. Medtronic is seeking a Sr. Strategic Sourcing & Procurement Specialist for the Contingent Labor category to join our Indirect Sourcing team.

Requirements

Bachelor's degree in Business, IT, Supply Chain, or related field and 4 years of relevant experience, or advanced degree with a minimum of 2 years relevant experience.

Nice To Haves

Proficient using Microsoft products (Outlook, Word, Excel, PowerPoint, Project, MS Teams)
Highly self-motivated and able to work independently in a fast-paced environment with tight deadlines.
Contingent staffing industry experience preferred
Experience working with VMS (Vendor Management System) - VNDLY, Fieldglass, Beeline
Full lifecycle recruiting experience
Experience working in highly regulated industry (medical device, pharmaceutical, or life sciences industries is strongly preferred).
Excellent communication, stakeholder engagement, and project management skills.
Must be able to work onsite in Northridge, CA, 3 days a week.

Responsibilities

Responsible for managing the full procurement lifecycle for specified contingent labor categories.
Act as the primary point of contact for staffing suppliers, ensuring adherence to SLAs, market rates, onboarding timelines, and compliance requirements.
Provide consultancy to Medtronic managers; staffing strategy, day-to-day supplier management / issue resolution
Review and qualify new requisitions prior to release/posting to staffing suppliers.
Provide support and training to Hiring Managers through the entire Procure to Pay process related to Contingent Workers.
Facilitate assignment changes (including extensions, transfers, backfills, etc.).
Liaison between managers and supplier for coaching, ER issues, performance issues, furloughs.
Manage On/Off Boarding process (terminations).
Resolve operational issues related to worker engagement, timesheets, invoicing, and offboarding.
Lead Q&A sessions between suppliers and Hiring Managers on requisitions.
Manage tenure exception/negotiation process. Advice on conversion strategy
Support audits, reporting, and data analysis related to contingent labor utilization/ spend.
Negotiate rates with Suppliers to obtain fair market price for each position via a competitively bid program model.
Develop proactive Supplier and Stakeholder relationships.
Deliver comprehensive reporting (Standard & Ad-Hoc) to customers as requested or work with Program Reporting Analyst to submit requests and establish prioritization.
Conduct ongoing user training for Medtronic users and suppliers.
Pre ID Management
Manage rate negotiations against internal job leveling guides and rates
Ensure compliance to 60-day break policy for prior workers or returning employees
Independent Contractor management.
Educate managers on 1099 vs W2 laws and regulations
Perform initial vetting and consulting for independent contractor requests
Re-negotiate 1099 rates when the individual does not qualify
Complete SOW configuration, updates and manage billing approvals
Present, align, and implement business strategy changes. Where possible, benchmark with other companies to determine best overall practices for assigned commodity area.
Monitor Supplier performance using scorecards; conduct regular business reviews to drive continuous improvement.
Partnering with Talent Acquisition on conversion terms, timelines.
Responsible for Contract Management Lifecycle.

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).