Boston Scientific Principal Strategic Sourcing Specialist 

Malaysia, Penang 

670603352

Key Responsibilities

•Provide strategic influence while building value-add relationships with engaged finished good suppliers to

increase sourcing efficiency.

• Manages strategic supplier relationships in line with the Category Strategy and understands the strategic differentiators for each supplier.

• Define, build, and plan alignment on Category Strategy for assigned category.

• Gathers Market Intelligence and trends for the Category and Sub-Categories

• Identifies risks within the category and works closely with stakeholders to eliminate or take mitigating actions for strategic risks.

• Drives Supplier strategic activities and develops Supplier capability roadmaps as part of the Category Strategy by collaborating with Supplier Engineering, Supplier Quality and other key stakeholders.

• Promotes and works towards balanced continuous (year-on-year) value improvement for all aspects of quality, service, and cost with assigned suppliers. Manages supplier performance and identifies Value Improvement Programs to improve TCO accordingly.

• Ensures optimal balance between collaborative engagement and competitive pressure to ensure maximum value is realized.

• Negotiates value improvements and manages supplier contracts.

• Provide strategic influence with internal stakeholders.

• Responsible for arranging and executing monthly and quarterly supplier performance reviews with key suppliers.

• Owns annual budget process for assigned suppliers as well as crisis or systematic issue resolution.

• Establish and support a work environment of continuous improvement that supports BSC’s Quality Policy, Quality System, and the appropriate regulations for the area they support.

• Build alignment between business needs and market dynamics.

• Identifies insourcing and outsourcing opportunities.

• Establish early involvement to achieve development performance goals, support project timelines, and manage product cost.

• Leads R&D communications related to the Category and facilitates the identification and evaluation of new materials or technologies to cover current and potential future BSC requirements

• Identifies all suitable suppliers per category and region per sample RFQ and develops comprehensive supplier knowledge & database.

• Works closely with and engages on proactive information sharing with other Global Sourcing Team Members to optimize supply base.

• Develops Should-Cost Models for major sub-categories.

Job Requirements :

• Candidate required to proses at least degree in any related field.

• At least Minimum of 10-12 years Strategic Procurement (Sourcing) and Supplier Relationship Management

• Leadership and influencing skills

• Proven quantitative abilities e.g., cost modeling, data analysis

• Experience managing supplier contracts and negotiating value improvements

• Excellent communication (in English) and collaboration skills

• Ability to travel up to 20% of the time, travel typically does not occur over weekend

Preferred Qualifications:

• OEM, Finish Goods sourcing experience

• Medical industrial experience

• Strong experience in developing immature suppliers

• Understanding about diversified manufacturing technologies and processes