Job Descriptions

About The Role:

The Senior Strategic Sourcing Specialist at Boston Scientific is responsible for developing and executing optimal category & sourcing strategies. Establish & enhance supplier relationships to drive sourcing & supplier initiatives to meet or exceed product quality, service & deliver sustainable cost reductions, whilst reducing or mitigating risk in the Supply Chain. Responsible for collaborating with internal stakeholders and aligning on optimal sourcing strategies to develop and implement one common category strategy for the assigned category. Responsible for developing a supplier database that identifies and categorizes potential suppliers by category and region to increase the value proposition and reduce TCO.

• Provides strategic influence while building value-add relationships with engaged finished good suppliers and respective internal stakeholders to increase sourcing efficiency.
• Promotes and works towards balanced continuous (year-over-year) value improvement for all aspects of quality, service, and cost with assigned supply base. Manages supplier performance and identifies Value Improvement Program's to improve total cost accordingly.
• Ensures optimal balance between collaborative engagement and competitive pressure to ensure maximum value is realized.
• Negotiates value improvements and manages optimal supplier contracts.
• Assists in the Supplier Stratification activities and develops capability roadmaps with Supplier Engineering and Supplier Quality as part of the Category Strategy.
• Manages strategic supplier relationships in line with the Category Strategy and understands the strategic differentiators for each supplier.
• Establish early, new supplier involvement to achieve development performance goals, support project timelines, and manage product cost.
• Support a work environment of continuous improvement that supports BSC’s Quality Policy, Quality System, and the appropriate regulations for the area they support.
• Gather Market Intelligence and trends for the Category and Sub-Categories.
• Define, build, and plan alignment on Category Strategy for assigned category if assigned.
• Identifies risks within the category and collaborates closely with stakeholders to eliminate or take mitigating actions for strategic risks.
• Influences R&D communications related to the Category and facilitates the identification and evaluation of new materials or technologies to cover current and potential future BSC requirements.
• Build alignment between business needs and market dynamics.
• Develop and implement sourcing strategies in key sourcing categories that results in a sustainable competitive advantage.
• Guide respective internal leads through a holistic & systematic category approach to material & supplier selection and management.
• Establish early involvement to achieve development performance goals, support project timelines, and manage product cost.
• Identifies all suitable suppliers per category and region per sample RFQ and develops comprehensive supplier knowledge & database.
• Works closely with and engages on initiative-taking segmentation information sharing with other Global Sourcing Team Members to optimize supply base.
• Analyses data and develops tools to manage the Category.
• Manages monthly reports for each supplier assigned such as:
  • 6-Panel Performance Metrics
  • Bill of Material Component Trackers

What we’re looking for:

Required Qualifications:

• Level 8 Bachelor’s degree required in relevant disciple (240 credits)
• Minimum of 7 years Strategic Procurement (Sourcing) and Supplier Relationship Management
• Proven quantitative abilities e.g., cost modeling, data analysis
• Experience managing optimal supplier contracts and negotiating value improvements
• Excellent communication and collaboration skills

Preferred Qualifications:

• MBA degree preferred
• Contract Manufacturer (EMS), OEM, Finished Good sourcing experience preferred
• Knowledge and experience in Endoscopy or Urology a plus

Skills

Experience

• 7+ years