Medtronic

Category Sourcing Lead – MRO

Medtronic

full-time

Posted on:

Location Type: Hybrid

Location: Minneapolis • Minnesota • United States

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Salary

💰 $104,800 - $157,200 per year

Job Level

Senior

About the role

  • Build enterprise-scoped strategies across assigned sub-categories in one of the largest cost pools of indirect spend at Medtronic, utilizing traditional and alternative value levers and approaches to drive year-over-year value.
  • Achieve year-over-year value improvements for all aspects of quality, service, and innovation while understanding TCO (total cost of ownership) for assigned sub-categories.
  • Lead contract negotiations that support and align with key stakeholder needs and requirements, and align with enterprise-wide Medtronic strategies.
  • Gather market intelligence and trends for relevant categories and sub-categories; Strive to become and demonstrate subject matter expertise for assigned sub-categories.
  • Perform RF(x) activities to drive competitive pressure and ensure maximum value is realized.
  • Recommend solutions to business problems and/or identify opportunities for improvement and present ideas and value creation business cases to multiple functions (E.g., EHS, Operations, Finance, Microbiology, Facilities, etc).
  • Identify insourcing and outsourcing opportunities.
  • Build strategic relationships with internal stakeholders and establish yourself as a trusted advisor for assigned sub-categories.
  • Partner closely with key functions that support supply management (E.g., Legal, Finance, Quality, EHS, etc).
  • Lead and assist in Supplier Relationship Management (SRM) activities and develop governance for suppliers in your assigned sub-categories.
  • Work with the internal Sourcing Administration team to expand and utilize internal purchase catalogs to support guided buying processes reflective of broader category strategies.
  • Engage and influence multiple stakeholders to create and implement strategies in a highly matrixed organization.
  • Develop and establish a data gathering and maintenance process to ensure spend transparency and accuracy, and support the development of a baseline for sourcing cost reduction efforts.

Requirements

  • Bachelor's degree required.
  • Minimum of 7 years of relevant sourcing or supply chain experience or an advanced degree with 5 years of relevant sourcing or supply chain experience
  • Demonstrated experience in building and executing successful category strategies in the MRO space
  • Category management experience with a global company (strategy development and execution following strategic sourcing methodology)
  • Proficient in understanding and speaking to relevant company Financial terms that measure overall company performance and how your role impacts these measurements (E.g., P&L, gross margin, EBIT, cash flow/working capital improvement, etc).
  • Continuous improvement (CI) mindset
  • Proficiency in Excel, PowerPoint, and Power BI
  • Demonstrated experiences in problem-solving, negotiations, tact, judgment, high attention to detail, and organizational skills
  • Demonstrated written and verbal communication
  • Working knowledge of SAP/Ariba spend management tools
  • Experience building and presenting sourcing-focused business cases
  • Ability to partner with and influence internal technical experts
  • Influencing teams and external suppliers to deliver results
  • Strong program management skills
  • Solid business and legal acumen
  • Positive and energetic team player with strong cross-functional team experience
Benefits
  • Health insurance
  • 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 & Tools
sourcingsupply chain managementcategory managementcontract negotiationdata analysisproblem-solvingfinancial analysisstrategic sourcingsupplier relationship managementcontinuous improvement
Soft Skills
communicationnegotiationorganizational skillsattention to detailinfluencingteam collaborationtactjudgmentleadershiprelationship building