Strategic Sourcing Specialist III- Packaging

Boston Scientific•Maple Grove, MN

6d•Hybrid

About The Position

The Strategic Sourcing Specialist plays a key role in supporting and executing sourcing strategies that optimize total cost, improve supplier performance, mitigate supply risk, and support business growth within the Packaging category. Partnering with cross-functional teams and divisional stakeholders, this role manages supplier relationships, executes sourcing initiatives, and drive value across the supply chain, while working independently to lead supplier-facing activities, manage sourcing projects, and contribute to strategic business objectives through data-driven decision making, risk management, and supplier performance improvement. At Boston Scientific, we value collaboration and synergy. This role follows a hybrid work model, requiring employees to be in our local office at least three days per week. Boston Scientific will not offer sponsorship or take over sponsorship of an employment VISA for this position at this time.

Requirements

Bachelor’s degree in business, supply chain, engineering or finance-related discipline
2 years of professional experience in sourcing or procurement and supplier management or supply chain operations
Experience supporting supplier negotiations and commercial agreements
Experience conducting spend analysis, market analysis, supplier performance evaluations, and cost modeling
Experience managing multiple projects and cross-functional stakeholders
Proficient with Microsoft Excel, Word and PowerPoint
Ability to travel up to 20% globally

Nice To Haves

Professional certification such as CPSM, CPIM, CSCP, PMP, or Lean Six Sigma
Experience in packaging components or direct materials
Experience working in medical device or similarly regulated industry
Experience supporting sourcing strategy development and supplier risk management
Knowledge of agreements that cover supply, confidentiality, and supplier quality
Experience using SAP, Tableau
Knowledge of COGS, TCO, PPV, inventory management, and supplier cost drivers

Responsibilities

Analyzing market intelligence, supplier capabilities, industry trends, and category data to influence sourcing strategies and supplier decisions
Supporting sourcing strategy development and implementation through market analysis, supplier assessments, risk evaluations, and executing category initiatives; maintain knowledge of qualified suppliers to support segmentation and sourcing activities
Managing supplier relationships through business reviews, scorecards, corrective actions, and continuous improvement initiatives to improve performance
Using SAP, Tableau, Excel, and other analytical tools to analyze spend, cost, and supplier performance; support AOP activities, supplier cost reviews, and financial planning processes
Leading negotiations and identifying opportunities for cost reduction, consolidation, and value improvement
Managing supplier agreements (e.g. CDAs, SQAs and SAAs and support MSAs and other commercial agreements
Leading sourcing projects and coordinating, timelines and deliverables
Presenting supplier performance updates, sourcing recommendations, and risk assessments
Identify and communicate supplier-related risks and support mitigation and continuity plans.