Sourcing Manager

Welcome to Stryker, a global leader in medical technology and innovation. We are seeking a highly motivated and experienced Sourcing Manager to join our team. As a Sourcing Manager, you will be responsible for identifying, evaluating, and developing relationships with suppliers to support our production and business objectives. This is a dynamic and challenging role that requires strong analytical skills, excellent communication and negotiation abilities, and a passion for driving results. If you are a self-starter with a proven track record in strategic sourcing, we invite you to apply and be a part of our mission to make healthcare better.

1. Identify potential suppliers: The Sourcing Manager will be responsible for researching and identifying potential suppliers that can meet the company's production and business needs. This may involve attending trade shows, networking events, and conducting market research.
2. Evaluate supplier capabilities: Once potential suppliers have been identified, the Sourcing Manager will be responsible for evaluating their capabilities and assessing their ability to meet the company's quality, cost, and delivery requirements.
3. Develop relationships with suppliers: The Sourcing Manager will be responsible for building and maintaining strong relationships with suppliers to ensure the timely delivery of high-quality products and services. This may involve negotiating contracts, managing supplier performance, and resolving any issues that may arise.
4. Strategic sourcing: The Sourcing Manager will be responsible for developing and implementing strategic sourcing initiatives to improve the company's supply chain efficiency and reduce costs. This may involve consolidating suppliers, negotiating favorable pricing, and identifying opportunities for cost savings.
5. Collaborate with cross-functional teams: The Sourcing Manager will work closely with cross-functional teams, including production, engineering, and quality assurance, to ensure that supplier capabilities align with the company's requirements. They will also collaborate with these teams to develop and implement sourcing strategies.
6. Monitor market trends: The Sourcing Manager will be responsible for staying updated on market trends, supplier capabilities, and industry developments to ensure that the company is utilizing the most innovative and cost-effective sourcing methods.
7. Analyze data: The Sourcing Manager will be responsible for analyzing data and utilizing it to make informed decisions and recommendations regarding supplier selection, pricing, and performance.
8. Ensure compliance: The Sourcing Manager will be responsible for ensuring that all sourcing activities comply with company policies, procedures, and ethical standards.
9. Drive results: The Sourcing Manager will be responsible for driving results and achieving cost savings targets through effective negotiation, supplier management, and strategic sourcing initiatives.
10. Continuously improve sourcing processes: The Sourcing Manager will be responsible for continuously reviewing and

According to JobzMall, the average salary range for a Sourcing Manager in Minneapolis, MN, USA is between $75,000 and $100,000 per year. However, factors such as experience, industry, and company size can affect the salary range. Some sources report that the average salary for a Sourcing Manager in Minneapolis can be as high as $130,000 per year. It is recommended to research the specific company and industry to get a more accurate salary estimate.

Stryker Corp. is engaged in providing medical technology products and services. It operates through the following segments: Orthopaedics, MedSurg and Neurotechnology and Spine. The Orthopaedics segment provides reconstructive and trauma implant systems. The Medsurg segment deals with surgical instruments and equipment, endoscopy, patient handling, and reprocessed medical devices. The Neurotechnology and Spine segment pertains to spinal implants and neurovascular products.