Job Information
Medtronic Principal Strategic Sourcing Specialist-MRO in Minneapolis, Minnesota
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the Life
As the Principal Strategic Sourcing Specialist-MRO, you will be a key member of Medtronic’s center-led Indirect Supply Management (ISM) team, reporting to the Sr. Sourcing Manager of Global MRO. This global role provides the opportunity to identify and execute value-driven strategies across many functions, regions, and businesses. These strategies will leverage Medtronic’s global scale to drive year-over-year value within the MRO space. In this role, you will partner with the center-led business engagement teams to implement pan-Medtronic strategies globally.
The opportunities to create value within this $500M category are limitless, and we are seeking a candidate who 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, working collaboratively to ensure team performance, and successfully influencing a variety of stakeholders at all levels.
A Day in the Life
As the Principal Strategic Sourcing Specialist-MRO, you will:
Identify strategies across subcategories of the MRO supplies portfolio that utilize multiple levers/approaches to drive value.
Work independently and build strategic relationships with internal stakeholders and suppliers.
Engage and influence multiple stakeholders to adopt and implement strategies developed by the category team; Medtronic is a highly matrixed organization, and having the ability to influence and leverage the matrix is a key requirement.
Develop and implement sourcing strategies that result in a sustainable competitive advantage.
Gather Market Intelligence and trends for relevant categories and associated subcategories.
Achieve (year-on-year) value improvements for all quality, service, innovation, and cost aspects.
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).
Assist in Supplier Stratification activities and develop capability roadmaps.
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 the development of a baseline for sourcing cost reduction efforts.
Identify insourcing and outsourcing opportunities.
Establish and support a work environment of continuous improvement
Must Have: Minimum Requirements
Bachelors degree required
Minimum of 7 years of relevant Sourcing, Supply Chain, manufacturing, or equivalent experience, or advanced degree with a minimum of 5 years of Sourcing, Supply Chain, manufacturing, or equivalent relevant experience
Nice to Have
Demonstrated experience in building and executing successful category strategies in the MRO/Operations space
Highly proficient in Excel, PowerPoint, Power BI
Demonstrated leadership, customer service, problem-solving, communication, negotiation, tact, judgment, and organizational skills
Demonstrated strength in analytical skills
Global Category Management experience (Strategy Development and Execution following Strategic Sourcing methodology)
Knowledge of working in FDA-regulated industries
Ability to partner with and influence internal technical experts
Ability to influence teams and external suppliers to deliver results
Strong program management skills
Solid business and legal acumen
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):$104,800.00 - $157,200.00
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).
Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)
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 90,000+ 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 (http://www.medtronic.com) .
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 law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
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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 90,000+ 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.
We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.
We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.
This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…
Build a better future, amplifying your impact on the causes that matter to you and the world
Grow a career reflective of your passion and abilities
Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning
These commitments set our team apart from the rest:
Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.
Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.
Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.
Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care
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 law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.
This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .
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