Stryker ยท 1 day ago
Senior Sourcing Analyst
Portage, Michigan
Full-time
Hybrid
Senior Level
6+ years expStryker Corporation is a leading medical technology company, and they are seeking a Senior Sourcing Analyst to support the development and implementation of strategic sourcing activities. The role involves negotiating contracts, developing relationships with suppliers, and managing procurement activities for new product launches to ensure quality and cost-effectiveness.
BiotechnologyHealth CareLife ScienceMedicalMedical Device
Responsibilities
Own the development and implementation of NPI sourcing strategies for assigned projects of increased complexity, utilizing agreed tools and processes
Perform sourcing analysis and selection process utilizing the agreed tools, including financial and non-financial inputs as required for clear sourcing decisions
Demonstrate insight and understanding of component cost drivers to develop negotiation strategies
Lead/Own the negotiation of contracts (i.e. Supply Agreement, Development Agreements) per guidelines
Develop strong relationships with suppliers and stakeholders in scope for the project, and serve as a primary escalation point
Advocate on behalf of supplier within the organization by providing a balanced viewpoint and holding suppliers accountable as appropriate and lead cross functional teams to resolve issues
Lead/Own procurement activities for new product launches [supplier selection, requests for quotes, negotiations, awards, cost management, launch readiness and handover to sustaining procurement
Assure costs are tracked throughout the project, standards are accurately implemented and savings are captured for handover. Alignment with Finance, Supply Planning, Purchasing to ensure parts are set up with all appropriate attributes
Effectively and timely communicate expectations to suppliers and escalate risks to project teams or management as needed
Drive change to mitigate risks, understanding of key challenges, and voicing concerns to project leadership, divisional sourcing, global category
Identify savings opportunities during launch planning and future savings opportunities for sustaining sourcing
Identify gaps/opportunities to support procurement strategy and collaborate with global stakeholders to resolve
Develop business case proposals to support future transfers, dual sourcing, design changes, etc
Qualification
Required
Bachelor's degree - required
6+ years of experience - required
Financial analysis and negotiation skills required at complex levels
Strategic analysis skills
Understanding of procurement strategy
Company
Stryker
Stryker is a medical technology company that offers products and services in orthopaedics.
10001+ employees
H1B Sponsorship
Stryker has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (105)
2024 (76)
2023 (63)
2022 (78)
2021 (57)
2020 (77)
Funding
Current Stage
Public CompanyTotal Funding
unknown1990-01-02IPO
Leadership Team
Kevin Lobo
Chair & CEO
Glenn S. Boehnlein
Chief Financial Officer and Vice President
Recent News
GlobeNewswire News Room
2025-02-11
Company data provided by crunchbase