Boston Scientific Principal Strategic Sourcing Specialist 

United States, Minnesota, Arden Hills 

601212783

:

• Establishing category strategies that result in a sustainable competitive advantage
• Managing strategic supplier relationships in line with company and category expectations
• Negotiating and executing contracts that deliver the best outcomes for Boston Scientific
• Driving sustained year-over-year value improvement related to quality, service, and cost
• Defining technology roadmaps that align with long-term product/patient needs
• Collaborating with Supplier Engineering to develop should-cost models
• Gathering and analyzing market intelligence and reporting on trends, risks, etc.
• Identifying market/sourcing risks and working with stakeholders to define and execute mitigation plans
• Demonstrate the ability to effectively engage and influence a diverse range of stakeholders, ensuring alignment with project goals and organizational objectives. This includes building strong relationships, facilitating discussions, and negotiating outcomes that benefit all parties involved.
• Exhibit peer leadership skills by guiding and mentoring team members, fostering a collaborative environment, and promoting a culture of accountability and excellence. This role requires the ability to inspire and motivate colleagues, driving team performance through shared vision and mutual support
• Establishing an optimal balance between collaborative engagement and competitive pressure with supply base to ensure the maximum value is realized, including negotiations on supplier contracts and value improvements
• Providing source selection recommendations for new products that align with the category strategy
• Driving early supplier involvement with R&D to achieve development objectives, timelines, and costs
• Implement best practices in project management execution, utilizing methodologies that enhance efficiency and effectiveness. Monitor progress, adjust strategies as necessary, and ensure that project deliverables meet quality standards and stakeholder expectations.
• Attending on-site supplier visits for assessments, negotiations, business reviews, etc.
• Facilitating the identification and evaluation of new materials or technologies
• Identifying and rationalizing insourcing vs. outsourcing opportunities
• Supporting or leading business process improvement projects
• Providing support to Site Purchasing Teams as required
• Establishing a work environment of continuous improvement that supports Boston Scientific’s Quality Policy, Quality System, and applicable regulations
• Facilitating supplier business reviews

What We’re Looking For:

:

• Minimum of a bachelor’s degree in Supply Chain, Engineering, Business, or a related field
• Minimum of 10 years of experience in Sourcing, Supply Chain Management, or Supplier Relationship Management
• Ability to travel up to 20%

:

• MBA and / or Professional Certification (CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
• Sourcing experience for electronic components or medical devices
• Experience working in medical device or similar regulated industry
• Strong decision-making and negotiation skills, ability to influence internal and external teams.
• Experience with project management and peer leadership
• Ability to work independently and collaborate with cross-functional teams to complete projects
• Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
• Strong critical thinking and analytical skills: process and results-oriented
• Detail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively

Compensation fornon-exempt (hourly), non-sales rolesmay also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation forexempt, non-sales rolesmay also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements.

For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.

Among other requirements, Boston Scientific maintains specific prohibited substance test requirements for safety-sensitive positions. This role is deemed safety-sensitive and, as such, candidates will be subject to a prohibited substance test as a requirement. The goal of the prohibited substance testing is to increase workplace safety in compliance with the applicable law.