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Boston Scientific · 1 day ago

Senior Strategic Sourcing Specialist - Acquisitions

Irvine, CA

Full-time

Hybrid

Mid, Senior Level

$98K/yr - $186K/yr

5+ years exp

Boston Scientific is a leader in medical science committed to solving important health industry challenges. The Senior Strategic Sourcing Specialist will lead integration activities for the supply base of newly acquired entities, ensuring alignment with sourcing standards and objectives while enhancing supplier relationships.

Health CareMedicalMedical Device

No H1B

Responsibilities

Facilitating and managing the Service Level Agreement (SLA) between the materials acquisition integration and global sourcing teams, encompassing upfront alignment, contract negotiation and execution, and seamless handover of responsibilities to meet integration objectives and timelines

Appling strategic sourcing methodologies (spend analysis, market research, benchmarking, negotiation, contracting, continuous improvement) to align with Global Sourcing category strategies and execute activities that support quality, service, and cost goals throughout the integration process

Driving and coordinating component cost management, including influencing standard cost setting at the acquired entity and ensuring accurate cost establishment within the BSC system. Maintain ongoing visibility and accountability for pricing, cost reconciliation, and addressing proposed increases between the acquired entity and BSC

Owning the bidding process and annual operation plan (budget), ensuring inputs are correct, preventing supplier-related unfavorable PPV, and addressing any proposed increases

Developing supplier relationships to drive sourcing initiatives that deliver sustainable cost reductions, mitigate supply chain risks, and achieve year-on-year improvements in product quality, service, and value across the assigned supply base

Managing contract and vendor management activities such as strategic reviews, site visits, maintaining supplier performance review metrics/scorecards, risk mitigation, and managing service escalations

Monitoring market dynamics and communicate changes that affect internal client needs, identifying trends in category to drive continuous improvement with the larger procurement team

Partnering with internal clients and stakeholders to identify sourcing needs, increase value proposition, and reduce total cost of ownership (TCO); conduct buyer/market profiles to share marketplace trends and best practices

Collaborating with and influence core teams for NPD, integration, and transfers to support projects, identify and mitigate risk, align with strategic supply base, and deliver in accordance with schedules and cost targets

Qualification

Strategic sourcingSupplier relationship managementContract negotiationData analysisCost modelingMarket researchContinuous improvementCollaborationProblem-solvingCommunication