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Senior Strategic Sourcing Specialist
Senior Strategic Sourcing SpecialistMedtronic • Minneapolis, Minnesota, USA
Senior Strategic Sourcing Specialist

Senior Strategic Sourcing Specialist

Medtronic • Minneapolis, Minnesota, USA
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We anticipate the application window for this opening will close on - 18 Dec 2025

At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.

A Day in the Life

At Medtronic we not only have the opportunity to manage indirect categories for the largest medical device company in the world but we also get to experience the immense sense of purpose that comes from knowing that the money we save is reinvested into technology that helps alleviate pain restore health and extend lives of millions of patients around the work we do supports the Medtronic Mission and it matters.

In this role you will be a key member of Medtronics center-led Indirect Supply Management (ISM) team and will report to the Sr. Sourcing Manager of Global Capital. This is a role that provides the opportunity to identify and execute value-driven strategies across many functions regions and strategies will leverage Medtronics global scale to drive year over year value within the Capital this role you will partner with the center-led business engagement teams to implement pan-Medtronic category strategies across the globe.

The opportunities to create value within this $400M category are limitless and we are seeking a candidate that thrives on building new opportunities every day to learn and make a difference. The ideal candidate will have a demonstrated history of quickly building and leveraging relationships in a matrixed environment work collaboratively to ensure team performance and successfully influence a variety of stakeholders at all levels.

At Medtronic we bring bold ideas forward with speed and decisiveness to put patients first in everything we -person exchanges are invaluable to our work. Were working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

POSITION RESPONSIBILITIES :

  • Develop and execute strategies across subcategories of the Capital portfolio that utilize multiple levers / approaches to drive value and result in a sustainable competitive advantage
  • Work independently and build strategic relationships with internal stakeholders and suppliers
  • Adept at collaborating with and influencing diverse stakeholders to develop and execute strategies. Skilled in navigating and leveraging complex matrixed organizational structures like Medtronic to drive successful outcomes
  • Gather market intelligence and analyze trends for the responsible subcategories to support strategy building and execution and inform strategic decision-making
  • Achieve (year-on-year) value improvements for all aspects of quality service innovation and cost
  • Perform RF(x) events to drive competitive pressure and ensure maximum value is realized
  • Partner closely with key functions that support supply management (e.g. legal finance quality / compliance)
  • Lead in Supplier Relationship Management activities for the responsible subcategories
  • Lead contract negotiations
  • Recommend solutions to business problems and / or identify opportunities for improvement and present ideas to leadership
  • Educate on key indirect supply management initiatives and policies
  • Develop robust data gathering and data quality maintenance protocols to ensure spend transparency and support development of baseline for sourcing cost reduction efforts
  • Identify insourcing and outsourcing opportunities
  • Establish and support a work environment of continuous improvement.

The above tasks and responsibilities are deemed as essential to this position; however business conditions may change so flexibility is required.

MINIMUM REQUIREMENTS :

Minimum bachelors degree and 4 years relevant experience or advanced degree with a minimum of 2 years relevant experience.

NICE TO HAVE :

  • Global Category Management experience (Strategy Development and Execution in accordance with Strategic Sourcing methodology)
  • Knowledge of working in FDA regulated industries
  • Ability to partner with and influence internal technical experts
  • Influencing teams and external suppliers to deliver results
  • Strong program management skills
  • Solid business and legal acumen
  • Positive and energetic team player with strong cross-functional team experience
  • Demonstrated experience in building and executing successful category strategies in the Capital space
  • Highly proficient in Excel PowerPoint Power BI
  • Critical thinking
  • Demonstrated leadership customer service problem solving communication negotiation tact judgment and organizational skills
  • Demonstrated strength in analytical skills
  • High attention to detail
  • Excellent written and verbal communication
  • Physical Job Requirements

    The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position but they are not an exhaustive list of all the required responsibilities and skills of this position.

    The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles : While performing the duties of this job the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

    Benefits & Compensation

    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.

    Salary ranges for U.S (excl. PR) locations (USD) : $82400.00 - $123600.00

    This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

    The base salary range is applicable across the United States excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience certification / education market conditions and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

    The following benefits and additional compensation are available to those regular employees who work 20 hours per week : 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 and Simple Steps (global well-being program).

    The following benefits and additional compensation are available to all regular employees : 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) and Capital Accumulation Plan (available to Vice Presidents and above or subject to IRS earning minimums).

    Regular employees are those who are not temporary such as interns. Temporary employees are eligible for paid sick time as required under applicable state law and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

    Further details are available at the link below :

    Medtronic benefits and compensation plans

    About Medtronic

    We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.

    Our Mission to alleviate pain restore health and extend life unites a global team of 95000 passionate people.

    We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab to the factory floor to the conference room every one of us experiments creates builds improves and solves. We have the talent diverse perspectives and guts to engineer the extraordinary.

    Learn more about our business mission and our commitment to diversity here.

    It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age color national origin citizenship status physical or mental disability race religion creed gender sex sexual orientation gender identity and / or expression genetic information marital status status with regard to public assistance veteran status or any other characteristic protected by federal state or local addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

    If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

    Required Experience :

    Senior IC

    Key Skills

    Finance Control,Finance,ABAP,Body Care,Business Analytics,Avionics

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

    Monthly Salary Salary : 82400 - 123600

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