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Strategic Sourcing Specialist Indirect Sourcing
Strategic Sourcing Specialist Indirect SourcingMedtronic Plc • Northridge, CA, US
Strategic Sourcing Specialist Indirect Sourcing

Strategic Sourcing Specialist Indirect Sourcing

Medtronic Plc • Northridge, CA, US
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Strategic Sourcing Specialist

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Medtronic Minimed focuses on improving the lives of those within the global diabetes community. As a business, we strive to empower people with diabetes to live life on their terms by delivering innovation that truly matters and providing support in the ways they need it. We're committed to meeting people with diabetes where they are on their journey, always with an aim to make their lives easier. Our portfolio of innovative solutions is designed to provide customers with greater freedom and better health, helping them achieve better glucose control while spending less time managing their disease.

Are you a result driven sourcing professional with a "can-do" mindset, eager to grow your career in a fast-paced, high-impact environment? Medtronic Minimed is seeking a Strategic Sourcing Specialist to join our Indirect Sourcing team. This role offers a unique opportunity to develop expertise across multiple spend categories while supporting critical procurement and contracting functions.

As a Strategic Sourcing Specialist, you'll support Medtronic Minimed's Indirect Sourcing organization's procurement and contracting needs. This individual will play a key role in leading and supporting Spend Control Tower process that includes review intake submissions from the business, supporting low-cost contract negotiations, routing complex or high-spend requests to an appropriate Category Managers, ensuring contract compliance and alignment with regulatory requirements. You will also be responsible for reviewing and approving daily influx of global indirect sourcing requisitions and assisting business with contracting needs. This is a high impact, cross-functional role that requires the ability to multitask, work independently in a fast-paced environment, interacting regularly with Sourcing Category Managers, business stakeholders, Legal, Finance, COEs, PMO and leadership.

This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.

Key Responsibilities

Manage the Spend Control Tower Intake :

  • Lead and support Spend Control Tower process by reviewing business intake information, assisting business with the low spend contract needs and routing large spend requests to an assigned Category Manager for review and negotiation.
  • Educate business stakeholders on the Spend Control Tower process.

Requisition Oversight :

  • Review and approve indirect sourcing requisitions in the procurement tool.
  • Ensure that appropriate information is present in the requisition and ensure that information matches that of Spend Control Tower intake.
  • Assist with indirect sourcing tasks, escalations, and day-to-day operational support.
  • Contracting & Compliance :

  • Negotiate and execute low value contracts and amendments.
  • Collaborate with Legal, Finance, Regulatory, Quality and Privacy to ensure sourcing activities adhere to relevant security, privacy, legal and compliance standards.
  • Assist business with onboarding new suppliers or revising information for existing suppliers.
  • Minimum Requirements

  • Bachelor's degree along with a minimum of 2 years of relevant experience, or advanced degree with 0 years of experience.
  • Nice to Have

  • Proven track record of delivering cost savings and service improvements in a global, matrixed environment.
  • Working knowledge standard contract terms and sourcing policies.
  • Familiarity with security and privacy regulations in the medical device or a highly regulated industry.
  • Highly self-motivated and able to work independently in a fast-paced environment with tight deadlines.
  • Able to work onsite in Northridge, CA, 3 days a week.
  • Experience working in highly regulated industry (medical device, pharmaceutical, or life sciences industries is strongly preferred).
  • Excellent communication, stakeholder engagement, and project management skills.
  • Proficiency in sourcing and contract management tools (e.g., Coupa, Ariba, SAP).
  • Experience with digital sourcing platforms or analytics tools
  • Travel

    On the need basis

    Physical Job Requirements

    The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles : While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

    Benefits & Compensation

    Medtronic offers a competitive salary and flexible benefits package. A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

    Salary ranges for U.S (excl. PR) locations (USD) : $64,800.00 - $97,200.00 This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). 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 for others).

    The following benefits and additional compensation are available to those regular employees who work 20+ hours per week : 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, and Simple Steps (global well-being program).

    The following benefits and additional compensation are available to all regular employees : 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), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

    Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico. Further details are available at the link below :

    Medtronic benefits and compensation plans

    About Medtronic

    We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions. Our Mission to alleviate pain, restore health, and extend life unites a global team of 95,000+ passionate people. We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

    Learn more about our business, mission, and our commitment to diversity here.

    It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and / or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

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    Strategic Sourcing Specialist • Northridge, CA, US

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