Strategic Sourcing Program Manager-Electronic Components
Join our Strategic Sourcing team as a Category Manager for the Electronic Components team. You will develop and execute strategic commodity objectives and provide leadership for the categories managed by our global operations and supply chain teams. You will use your strong influential skills to work directly with the operating units, production facilities, R&D teams, technical sourcing teams, operations sourcing, and supply chain. You will lead the category strategy, cost reduction initiatives, on-time delivery, quality, supplier performance, supplier consolidation/rationalization, and improve on supplier relationships, allowing for vast and varied exposure across multiple disciplines and business units.
We believe that innovation results when people from different cultures, genders, and points of view come together—and everyone wins. Medtronic walks the walk, creating an inclusive culture where people can thrive.
A career at Medtronic is like no other. We’re purposeful. We’re committed. We’re driven by our Mission to alleviate pain, restore health, and extend life for millions of people worldwide.
As the Category Manager-Electronic Components, you will partner and lead several categories in electronic components, including major global distributors of high-end semiconductors, analog, digital, microcontrollers, transistors, and other discrete component categories. You will utilize your strong negotiation skills, technical aptitude, and relationship-building skills. As the Category Manager, you will understand global raw materials markets and possess technical aptitude on secondary processes to develop global strategies that leverage Medtronic’s global purchasing power and deliver cost-effective and innovative solutions to each operating unit within our network. In addition, you will focus on multiple tiers in their supplier’s supply chain to maximize leverage and awareness to ensure compliance and continuity.
You will:
- Advocate on behalf of supply management function with business units and operational partners to ensure support for core business objectives
- Negotiate contracts that provide year-over-year benefits in performance
- Identify and develop business cases for a healthy year-over-year cost reduction pipeline with suppliers through lean, should costing, process improvement, tier 2 strategies, and yield improvements
- Perform market analysis in identifying the best cost country sourcing of said category, provide guidance to technical sourcing and engineering with supplier innovations, and proactively develop forward buy agreements where appropriate
- Define and manage winning category strategies and approaches with suppliers.
- Manage supplier relationships and drive year-over-year performance improvements with quality, delivery, and costs
- Lead regular business reviews with suppliers
- Analyze received quotations and select or recommend new suppliers.
- Rationalize existing supplier base through stratification, market analysis, supplier development, and supplier consolidation
- Support new and ongoing supplier quality audit activities to ensure the supply base has robust process controls and capabilities to meet existing and future Medtronic business requirements
- Conduct supply chain risk reviews
- Act independently to prescribe methods and new approaches on new and unique assignments
- Identify and utilize metrics, tools, business intelligence, and processes to optimize sourcing, supplier activities, and efficiencies while working collaboratively with team members to prioritize and drive implementation.
- Bachelor's degree required
- Minimum of 5 years of relevant strategic sourcing experience or advanced degree with a minimum of 3 years of relevant strategic sourcing experience
Nice to Have
- Highly skilled in developing and executing negotiation strategies with solid organization and collaboration skills
- Technical and commercial know-how of commodity market trends and manufacturing process technologies of the electronics category
- Skilled in developing category strategies, contract reviews, lean manufacturing, business case development, Best Cost Country (BCR) sourcing experience, and product/process transfer/change requirements in a regulatory environment, with strong presentation skills
- Experience using lean methodology processes in a manufacturing environment is a plus
- Experience in a low volume and high mix demand for products environment
- Negotiation, analytical, and problem-solving skills
- Good organization, project management, and follow-through skills
- Ability to prioritize, multitask and act in a proactive manner
- Must have advanced skill in Excel, excellent Analytics, and SAP experience preferred
- Ability to travel to vendor locations is required- domestic and international
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
Physical Job Requirements
This position is eligible for a short-term incentive plan. Learn more about Medtronic’s Incentive Plan (MIP) here.
The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply to others).
