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Medtronic

Strat Sourcing Specialist

Reposted 5 Days Ago
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In-Office
Mumbai, Maharashtra
Junior
In-Office
Mumbai, Maharashtra
Junior
The Strat Sourcing Specialist will manage contracts, support supply management, and lead cross-functional teams to improve processes and reduce costs at Medtronic.
The summary above was generated by AI

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 LifeThis role is a member of the Contract Center of Excellence team within the Supply Management Solutions team of Medtronic’s Global Supply Management Group. It reports to the Director Contract Administration, Supply Management Solutions and will be exposed to a wide variety of contracting activities for many commodities and services supporting Medtronic strategic purchasing.
Responsibilities may include the following and other duties may be assigned.
Provides contract management support to assigned categories within Supply Management; includes drafting contracts on standard templates, reviewing supplier red-lines with legal team to ensure they meet guidelines, routing final contracts for signatures and ensuring contracts are correctly archived in the Ariba Contract Management System.
Communicates status of contract requests with internal stakeholders and works to meet business objectives and timelines with a service mindset.
Mitigates risk, leverages technology and purchase power, improves processes and systems, and reduces overall cost of ownership and acquisition.Responsibilities may include the following and other duties may be assigned.
  • Provides project management and sourcing expertise to cross-functional, cross-divisional commodity teams.
  • Facilitates these teams in the development and execution of long-term strategies that will optimize Medtronic's position in terms of quality, cycle/response time, technology, risk, and total cost.
  • Mitigates risk, leverages technology and purchase power, improves processes and systems, and reduces overall cost of ownership and acquisition.
  • Negotiates, establishes and monitors supplier agreements.
SPECIALIST CAREER STREAM: Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower level professionals. The majority of time is spent delivering and overseeing the projects – from design to implementation - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education.DIFFERENTIATING FACTORSAutonomy: Established and productive individual contributor.
Works independently with general supervision on larger, moderately complex projects / assignments.
Organizational Impact: Sets objectives for own job area to meet the objectives of projects and assignments.
Contributes to the completion of project milestones .
May have some involvement in cross functional assignments.
Innovation and Complexity: Problems and issues faced are general, and may require understanding of broader set of issues or other job areas but typically are not complex .
Makes adjustments or recommends enhancements in systems and processes to solve problems or improve effectiveness of job area.
Communication and Influence: Communicates primarily and frequently with internal contacts .
External interactions are less complex or problem solving in nature.
Contacts others to share information, status, needs and issues in order to inform, gain input, and support decision-making.
Leadership and Talent Management: May provide guidance and assistance to entry level professionals and / or employee in Support Career Stream.Required Knowledge and Experience: Requires practical knowledge and demonstrated competence within job area typically obtained through advanced education combined with experience.
Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. § 214.2(h)( 4)(iii)(A) and minimum of 2 years of relevant experience, or advanced degree with 0 years of experience.

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. 

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.
 



This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

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  
 

Top Skills

Ariba Contract Management System

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