- Gathering market intelligence and trends for the commodity and sub-commodities
- Identifying all suitable suppliers per commodity and region to develop comprehensive knowledge and supplier database.
- Negotiating complex contracts with critical supply partners to company standards and strategic objectives are exceeded.
- Guiding respective internal leads through a holistic and systematic category approach to material and supplier selection and management; identify insourcing and outsourcing opportunities.
- Managing strategic supplier relationships according to the commodity strategy and strategic differentiators for each supplier
- Collaborating with stakeholders to identify and mitigate risks within the commodity.
- Promoting continuous value improvement for all aspects of quality, service, and cost with assigned supply base
- Managing supplier performance and identifying Value Improvement Programs to improve the total cost of ownership (TCO)
- Establishing an optimal balance between collaborative engagement and competitive pressure with supply base to ensure the maximum value is realized, including negotiations on supplier contracts and value improvements.
- Overseeing the annual budget process for assigned suppliers and resolving systematic issues.
- Establishing early involvement in new product development to achieve development performance goals, support project timelines, and manage product cost.
- Identifying risk across multiple layers of the supply chain; driving risk mitigation strategies
- Leading supplier escalation discussions with key leaders from supplier organizations
- Routinely conducting robust data analysis to inform strategy and decisions.
- Acting as a resource and mentor for colleagues with less experience
- Working independently within broad guidelines and policies, receives minimal guidance.
- Leading discussions and makes presentations in cross-functional meetings, effectively presenting information to explain recommendations and implications.
- Bachelor's Degree in Supply Chain, Engineering, Business, or a related field
- Minimum 5 years of experience in sourcing, supply chain management, or supplier relationship management
- Proficient with MS Excel and other applications (i.e., Word, PowerPoint, MS Project etc.)
- Ability to travel up to 20%.
- Master's Degree or professional certification (i.e., CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
- Experience sourcing for electronic components and suppliers.
- Experience working in medical device or similar regulated industry.
- Strong decision-making and negotiation skills, ability to influence internal and external teams.
- Ability to work independently and collaborate with cross-functional teams to complete 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.
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Sourcing Category Manager - Arden Hills, United States - Boston Scientific
Description
Additional Location(s): N/A
Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - 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.
Sourcing Category Manager - Electronics
About the Role:
At Boston Scientific, the Sourcing Category Manager - Electronics is responsible for developing and implementing analytical and robust approaches to support strategic sourcing strategies that result in lower total costs, greater supplier value contributions and a sustainable competitive advantage within key sourcing categories in Electronics.
Your Responsibilities Include:
What We're Looking For:
Required Qualifications:
Preferred Qualifications:
