Medtronic · 4 months ago
Principal Strategic Sourcing Specialist
Billerica, Massachusetts, United States of America
Full-time
Onsite
Senior Level, Lead/Staff
$105K/yr - $157K/yrMedtronic is a global healthcare technology leader dedicated to alleviating pain and restoring health. The Principal Strategic Sourcing Specialist will provide operations sourcing support for the disposables and capital product lines, ensuring raw material supply continuity and driving cost reduction opportunities with suppliers.
Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedical Device
Responsibilities
Ensure raw material supply continuity and manage any escalations that impact raw material supply to the site
Identify cost reduction opportunities with suppliers and identify the site's raw material cost reduction opportunities
Develop and implement Operations Sourcing programs to boost supplier delivery performance, as measured by Supplier On-Time in Full metrics
Conduct supplier production capacity reviews, identify potential risks, and drive mitigation strategies to ensure supply continuity
Drive Last Time Buy activities and Strategic Inventory Purchase activities to ensure continuity of supply
Foster and maintain strong relationships with Suppliers, Operations Scheduling, Supply Network Planning, Supplier Quality Engineering, Manufacturing, Finance, Operations Quality, Category Management, and other internal stakeholders
Foster a continuous improvement and lean culture to drive advancements in the supply base in terms of quality, cost, and performance, as well as supporting business objectives
Qualification
Required
Requires mastery of a specialty area and full knowledge of industry practices, typically obtained through advanced education combined with experience
Ensure raw material supply continuity and manage any escalations that impact raw material supply to the site
Identify cost reduction opportunities with suppliers and identify the site's raw material cost reduction opportunities
Develop and implement Operations Sourcing programs to boost supplier delivery performance, as measured by Supplier On-Time in Full metrics
Conduct supplier production capacity reviews, identify potential risks, and drive mitigation strategies to ensure supply continuity
Drive Last Time Buy activities and Strategic Inventory Purchase activities to ensure continuity of supply
Foster and maintain strong relationships with Suppliers, Operations Scheduling, Supply Network Planning, Supplier Quality Engineering, Manufacturing, Finance, Operations Quality, Category Management, and other internal stakeholders
Foster a continuous improvement and lean culture to drive advancements in the supply base in terms of quality, cost, and performance, as well as supporting business objectives
Preferred
Prefer Bachelor's Degree in Business Administration, Materials Management or Supply Chain related field
Prior experience in supply chain and sourcing, strong communication and influencing skills, procurement knowledge, experience managing a variety of suppliers and categories - Plastics, metals, microelectronics., packaging, etc
Experience in leading and influencing negotiations, project management, troubleshooting and problem-solving analysis, strategic thinking and collaborative team building
Solid computer skills: i.e. Microsoft Outlook, Excel, Word, PowerPoint and Project
Advanced Excel knowledge (vlookup, pivot tables, formulas, macros, etc.)
Solid knowledge of procurement/planning principles, regulations, theories and processes
Exposure to supply chain, planning, purchasing, materials and inventory control environment
Six Sigma Black or Green Belt & Lean manufacturing background
Proven communication, leadership, and interpersonal and team-building skills
Influencing skills to achieve results across a matrixed and virtual organization
Experience in the medical device industry with knowledge of applicable FDA/GMP and International medical device regulations and standards
Benefits
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)
Company
Medtronic
Medtronic is a healthcare technology company that designs and develops AI-based products and solutions for the medical industry.
Founded in 1949
10001+ employees
H1B Sponsorship
Medtronic 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 (349)
2024 (387)
2023 (291)
2022 (310)
2021 (300)
2020 (261)
Funding
Current Stage
Public CompanyTotal Funding
$18.16BKey Investors
NHS EnglandBlackstone Life SciencesTrade Capital Funding
2025-09-15Post Ipo Debt· $1.76B
2024-05-29Post Ipo Debt· $3.24B
2023-03-23Post Ipo Debt· $2B
Leadership Team
Geoffrey Martha
CEO and Chairman Of The Board Of Directors
Linnea Burman
SVP & President, Neurovascular
Recent News
BioWorld Financial Watch
2026-01-25
Company data provided by crunchbase