Strategic Sourcing Specialist – Indirect Sourcing

Medtronic•Northridge, CA

7d•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 Minimed 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 here to learn more about products. Are you a result drive sourcing professional with a “can-do” mindset, eager to grow your career in a fast -paced, high impact environment? Medtronic Minimed is seeking a Strategic Sourcing Specialist to join our Indirect Sourcing team. This role offers a unique opportunity to develop expertise across multiple spend categories while supporting critical procurement and contracting functions. As a Strategic Sourcing Specialist, you’ll support Medtronic Minimed’ s Indirect Sourcing organization’s procurement and contracting needs. This individual will play a key role in leading and supporting Spend Control Tower process that includes review intake submissions from the business, supporting low-cost contract negotiations, routing complex or high-spend requests to an appropriate Category Managers, ensuring contract compliance and alignment with regulatory requirements. You will also be responsible for reviewing and approving daily influx of global indirect sourcing requisitions and assisting business with contracting needs. This is a high impact, cross-functional role that requires the ability to multitask, work independently in a fast-paced environment, interacting regularly with Sourcing Category Managers, business stakeholders, Legal, Finance, COEs, PMO and leadership. 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 along with a minimum of 2 years of relevant experience, or advanced degree with 0 years of experience.

Nice To Haves

Proven track record of delivering cost savings and service improvements in a global, matrixed environment.
Working knowledge standard contract terms and sourcing policies.
Familiarity with security and privacy regulations in the medical device or a highly regulated industry.
Highly self-motivated and able to work independently in a fast-paced environment with tight deadlines.
Able to work onsite in Northridge, CA, 3 days a week.
Experience working in highly regulated industry (medical device, pharmaceutical, or life sciences industries is strongly preferred).
Excellent communication, stakeholder engagement, and project management skills.
Proficiency in sourcing and contract management tools (e.g., Coupa, Ariba, SAP).
Experience with digital sourcing platforms or analytics tools

Responsibilities

Manage the Spend Control Tower Intake: Lead and support Spend Control Tower process by reviewing business intake information, assisting business with the low spend contract needs and routing large spend requests to an assigned Category Manager for review and negotiation. Educate business stakeholders on the Spend Control Tower process.
Requisition Oversight: Review and approve indirect sourcing requisitions in the procurement tool. Ensure that appropriate information is present in the requisition and ensure that information matches that of Spend Control Tower intake. Assist with indirect sourcing tasks, escalations, and day-to-day operational support.
Contracting & Compliance: Negotiate and execute low value contracts and amendments. Collaborate with Legal, Finance, Regulatory, Quality and Privacy to ensure sourcing activities adhere to relevant security, privacy, legal and compliance standards. Assist business with onboarding new suppliers or revising information for existing suppliers.

Benefits

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. 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).