Category Sourcing Lead – MRO

Role Overview

• 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, 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)