Senior Strategic Sourcing Specialist

At Medtronic, we are a global leader in medical technology, committed to improving the lives of patients around the world. Our team is dedicated to delivering innovative and life-saving solutions, and we are seeking a highly driven Senior Strategic Sourcing Specialist to join us on this mission. As a key member of our Supply Chain organization, you will be responsible for developing and executing strategic sourcing initiatives that drive cost savings and operational efficiency. We are looking for a talented individual who is passionate about making a difference in the healthcare industry and has a proven track record of success in strategic sourcing. If you have a strong business acumen, exceptional negotiation skills, and a keen eye for identifying cost-saving opportunities, we invite you to apply for this exciting opportunity to be part of our dynamic and innovative team at Medtronic.

1. Develop and implement strategic sourcing strategies to drive cost savings and operational efficiency.
2. Identify cost-saving opportunities through analysis of market trends and supplier performance.
3. Collaborate with cross-functional teams to understand business needs and develop sourcing strategies to meet those needs.
4. Negotiate with suppliers to secure favorable terms and pricing for goods and services.
5. Conduct supplier evaluations and manage relationships to ensure high quality and on-time delivery.
6. Monitor and track supplier performance metrics to identify areas for improvement.
7. Stay current with industry trends and market conditions to inform sourcing decisions.
8. Manage contracts and ensure compliance with company policies and procedures.
9. Conduct regular market research and benchmarking to identify potential new suppliers and improve sourcing strategies.
10. Develop and maintain strong relationships with internal stakeholders to understand their needs and provide sourcing solutions.
11. Utilize data and analytics to drive decision-making and continuous improvement.
12. Lead and participate in cross-functional projects to drive process improvements and cost savings.
13. Mentor and train junior sourcing team members to develop their skills and knowledge.
14. Ensure ethical and responsible sourcing practices are followed in accordance with company values.
15. Represent the company in a professional and positive manner at supplier meetings, conferences, and industry events.

According to JobzMall, the average salary range for a Senior Strategic Sourcing Specialist in Minneapolis, MN, USA is between $90,000 and $110,000 per year. However, this may vary depending on the specific company, industry, and level of experience of the individual. Some companies may offer higher salaries for this role, especially for those with a strong track record of success and advanced skills in strategic sourcing. Additionally, bonuses, benefits, and other forms of compensation may also impact the overall salary for a Senior Strategic Sourcing Specialist.

Medtronic plc is the world's largest medical device company that generates the majority of its sales and profits from the US healthcare system and is headquartered on the island of Ireland.