Principal Strategic Sourcing Specialist – Arden Hills, Minnesota or Ottawa, Canada

Procurement         ·      Arden Hills, MN, US       ·       Full time

Boston Scientific’s hybrid workplace includes remote and onsite roles. By applying to this position, you will have the opportunity to discuss your preferred working location with your Talent Acquisition Specialist.

Remote Eligible: Hybrid
Onsite Location(s): Arden Hills, MN, US, 55112
Additional Location(s): Canada-ON-Ottawa

Diversity – Innovation – Caring – Global Collaboration – Winning Spirit – Caring – High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

Principal Strategic Sourcing Specialist 

Location: Arden Hills, Minnesota or Ottawa, Canada 

About the Role: 

At Boston Scientific the Principal Strategic Sourcing Specialist will develop and implement robust and often novel, analytical approaches to support strategic sourcing strategy development and decision making toward our pursuit of lower total cost and greater supplier value contribution.

Your Responsibilities Include: 

• Develops and implements sourcing strategies in key sourcing categories that results in a sustainable competitive advantage.
• Gathers Market Intelligence and trends for the Commodity and Sub-Commodities.
• Identifies risks within the commodity and collaborates closely with stakeholders to eliminate or take mitigating actions for strategic risks.
• Analyses data and develops tools to manage the Commodity, including should-cost models, COGS models, etc.
• Identifies all suitable suppliers per commodity and region per sample RFQ and develops comprehensive supplier knowledge & database.
• Identifies insourcing and outsourcing opportunities.
• Guide respective internal leads through a holistic & systematic category approach to material & supplier selection and management.
• Promotes and works towards balanced continuous (year-on-year) value improvement for all aspects of quality, service, and cost with assigned supply base. Manages supplier performance and identifies Value Improvement Program’s to improve TCO accordingly.
• Ensures optimal balance between collaborative engagement and competitive pressure with supply base to ensure maximum value is realized, including negotiation o value improvements and optimal supplier contracts.
• Manages strategic supplier relationships in line with the Commodity Strategy and understands the strategic differentiators for each supplier.
• Owns annual budget process for assigned suppliers as well as crisis or systematic issue resolution.
• Establish early involvement to achieve development performance goals, support project timelines, and manage product cost.

What We’re Looking For:  

Required Qualifications: 

• Bachelor’s degree required.
• Minimum 7+ years Strategic Procurement (Sourcing) and Supplier Relationship Management Experience in a manufacturing environment.
• Advanced project management and/or cross functional team leadership experience.
• Experience with Nuclear Materials

Preferred Qualifications: 

• Medical Device experience preferred.
• MBA degree preferred.
• PMP Certification preferred.

Requisition ID: 559425

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

Please click here to apply.