Strategic Sourcing Specialist II

Bracco Medical Technologies•Eden Prairie, MN

8d•$89,000 - $97,000•Hybrid

About The Position

The Sourcing Specialist is responsible for managing the commercial and operational relationship with assigned contract manufacturing (CM) partners to ensure uninterrupted supply of outsourced systems and assemblies. This role serves as the primary supply chain liaison between internal cross-functional teams and external manufacturing partners, driving supplier performance, inventory optimization, cost management, and issue resolution while supporting new product introductions and lifecycle management. The ideal candidate combines strong sourcing, procurement, planning, and supplier relationship management skills with the ability to manage complex manufacturing partnerships in a regulated manufacturing environment.

Requirements

Minimum Bachelor’s degree, preferably in Business Administration, Supply Chain, Operations, or Finance PLUS a minimum of 3 yrs experience in a supply chain role with supplier interaction. In lieu of degree, a high school diploma PLUS a minimum of 6 yrs experience in a supply chain role with supplier interaction may also be considered.
Minimum of 1+ yr experience in a medical device manufacturing or similar regulated environment.
Global sourcing experience.
Working knowledge of business processes and ERP/MRP systems.
Strong interpersonal skills and ability to develop and maintain relationships across all levels both within and outside of the organization.
Advanced organizational skills, with ability to rapidly prioritize in a changing environment.
Ability to work both autonomously with limited supervision and as part of a team.
Advanced verbal and written communication skills with demonstrated ability to influence and maintain high levels of communication and feedback with peers, management and various stakeholders

Nice To Haves

B.S. in Supply Chain Management
3-5 Years experience in Sourcing and Supply Chain in a medical device manufacturing company
Managing outsourced manufacturing operations
Working with global contract manufacturers
Leading supplier business reviews (QBRs)
Supporting new product launches and product transfers

Responsibilities

Serve as the primary point of contact for assigned contract manufacturers
Manage the supply chain for outsourced finished systems and subassemblies
Conduct regular business reviews to evaluate supplier performance, capacity, quality, delivery, and cost
Monitor supplier KPIs including: On-Time Delivery (OTD) Lead Time Performance Inventory Levels Cost Reduction Quality Performance Forecast Accuracy
Escalate supply risks and develop mitigation plans
Communicate forecasts and production requirements to contract manufacturers
Collaborate with planning teams to ensure suppliers have adequate capacity and material availability
Monitor inventory at both internal warehouses and contract manufacturer locations
Manage safety stock strategies and recommend inventory optimization opportunities
Support Sales & Operations Planning (S&OP) activities by providing supplier updates and capacity insights
Build strong working relationships with contract manufacturers and key suppliers
Coordinate weekly operational meetings and quarterly business reviews
Drive continuous improvement initiatives with suppliers
Monitor supplier compliance with contractual obligations and service level agreements
Support supplier audits and performance improvement plans
Analyze product costs and identify cost savings opportunities
Participate in contract negotiations and amendments
Monitor purchase price variance (PPV) and investigate significant changes
Partner with Engineering, Manufacturing, Quality, Regulatory, Logistics, Planning and Finance teams
Support Engineering Change Orders (ECOs), product transfers, and New Product Introductions (NPI)
Coordinate implementation of design changes with contract manufacturers
Ensure uninterrupted product supply during product transitions