Expoint - all jobs in one place

The point where experts and best companies meet

Limitless High-tech career opportunities - Expoint

Boston Scientific Principal Strategic Sourcing Specialist 
Malaysia, Penang 
323250751

14.04.2025

Job Responsibilities:

  • Identifying and qualifying Low-Cost Country sourcing opportunities that maintain quality while improving cost position & reducing risk
  • Managing strategic supplier relationships in line with company and strategic initiative expectations that establishes an optimal balance between collaborative engagement and competitive pressure with supply base
  • 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
  • Gathering and analyzing market intelligence and reporting on trends, risks, etc. related to strategic initiatives & identifying market/sourcing risks and working with stakeholders to define and execute mitigation plans
  • Demonstrating the ability to effectively engage and influence a diverse range of stakeholders, ensuring alignment with strategic goals and organizational objectives
  • Attending on-site supplier visits for assessments, negotiations, business reviews, etc.
  • Providing support to Site Purchasing Teams as required for implementing strategic initiatives
  • Establishing a work environment of continuous improvement that supports Boston Scientific's Quality Policy, Quality System, and applicable regulations

Job Requirements:

  • Candidate required to process at least Bachelor's degree in any related field.
  • Minimum of 10 years Strategic Procurement (Sourcing) and Supplier Relationship Management Experience in a manufacturing environment. Medical Device experience is an advantage.
  • Experience with strategic sourcing initiatives, particularly Supplier Diversity, Local Sourcing, or Low-Cost Country sourcing
  • 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 & collaborate with cross-functional teams to complete strategic 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

Preferred Qualifications:

  • MBA and/or Professional Certification (CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
  • Experience with supplier diversity program development and implementation