Strategic Sourcing Director – IT
Medtronic
full-time
Posted on:
Location Type: Hybrid
Location: Minneapolis • Colorado • Florida • United States
Visit company websiteExplore more
Salary
💰 $168,800 - $253,200 per year
Job Level
About the role
- Provide inspirational leadership to the team of both early career and tenured resources in managing the IT Category
- Identify and nurture talent, and lead by example
- Create value within ~$700M in non-Services IT spend
- Develop and implement strategies that result in a sustainable competitive advantage
- Bring the best-in-class analytical and communication skills
- Achieve year-on-year value improvements for all aspects of quality, service, innovation, and cost
- Perform RF(x) events to drive competitive pressure and ensure maximum value is realized
- Lead contract negotiations
- Engage and influence multiple stakeholders (primarily senior leadership)
- Work independently and build strategic relationships with key suppliers
- Interact and partner with the Office of CIO, Legal, Information Security, Privacy, Quality, and other key stakeholder groups
- Provide stakeholders with a balanced view of contract risk and liabilities
- Build a multi-year (at least 2 years) pipeline to support planning processes
- Assist in Supplier Stratification activities
- Gather market intelligence and trends for relevant categories and associated sub-categories
- Systematically gather internal and external benchmarks to support sourcing efforts
- Recommend solutions to business problems and/or identify opportunities for improvement
- Follow governance processes and purchasing controls systems to ensure compliance
- Educate and train stakeholders on key indirect supply management initiatives and policies
- Establish and support a work environment of continuous improvement
Requirements
- Bachelor’s degree plus a minimum of 10 years of relevant experience in Technology Sourcing or IT Procurement
- Managing a portfolio of enterprise IT suppliers with 7+ years of managerial experience
- Advanced degree plus a minimum of 8 years of relevant experience in Technology Sourcing or IT Procurement
- Global Category Management experience
- Understanding of underlying economics, pricing drivers, and typical contract terms of the different IT categories
- Experience working in a large multi-divisional corporation (Nice to Have)
- Knowledge of working in FDA-regulated industries (Nice to Have)
- Excellent written and verbal communication
- Excellent judgment, problem-solving, and influencing skills
- Strong program management skills
- Strong legal acumen
- Proficient in MS Excel and MS PowerPoint
Benefits
- Health, Dental and vision insurance
- Health Savings Account
- Healthcare Flexible Spending Account
- Life insurance
- Long-term disability leave
- Dependent daycare spending account
- Tuition assistance/reimbursement
- Simple Steps (global well-being program)
- Incentive plans
- 401(k) plan plus employer contribution and match
- Short-term disability
- Paid time off
- Paid holidays
- Employee Stock Purchase Plan
- Employee Assistance Program
- Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
- Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
Technology SourcingIT ProcurementContract NegotiationSupplier StratificationMarket IntelligenceBenchmarkingProgram ManagementLegal AcumenPricing DriversContract Terms
Soft skills
LeadershipTalent NurturingAnalytical SkillsCommunication SkillsStakeholder EngagementInfluencing SkillsJudgmentProblem-SolvingRelationship BuildingContinuous Improvement