Principal Strategic Sourcing Specialist - Metals
Boston Scientific
Summary
The Principal Strategic Sourcing Specialist develops and executes sourcing strategies designed to reduce costs, enhance supplier value contributions, and establish a sustainable competitive edge in key direct sourcing categories. With a focus on the metals category, this role collaborates with divisional stakeholders to align and optimize sustainable sourcing strategies to achieve service and cost improvement targets, while leading a team of cross-functional partners in Supplier Quality and Supplier Engineering to execute project deliverables, ensure product quality, and drive cost savings.
Job description
Your responsibilities will include:
- Partnering with divisional stakeholders to align on project goals and organizational objectives; develop and leverage supplier relationships to deliver ideal outcomes that benefit all parties
- Establishing early supplier involvement with R&D to align on the category strategy, manage product costs, achieve project objectives and ensure timelines are met
- Establishing an optimal balance between collaborative engagement and competitive pressure with supply base; realize maximize value through supplier contract negotiations and value improvements
- Managing supplier performance according to the category strategy and key differentiators; identify opportunities to improve total cost of ownership (TCO)
- Managing strategic supplier relationships and facilitating supplier business reviews to evaluate all aspects of quality, service, and cost to drive continuous value improvements
- Influencing team performance through shared vision and supportive leadership; coach and mentor cross-functional teams to foster a culture of collaboration, accountability and excellence
- Leading and supporting business process improvement projects; support site purchasing team(s) as needed
Required Qualifications:
- Bachelor's degree in any discipline
- Minimum 7 years of experience with strategic sourcing, procurement and supplier relationship management in a manufacturing environment
- Experience with strategy development with effective decision-making with strong negotiation skills; ability to influence internal and external teams
- Experience with project management and peer leadership
Preferred Qualifications:
- Master's degree or professional certification (CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
- Experience working in medical devices or similarly regulated industry
- Experience sourcing for and procuring metal components
- Ability to work independently & collaborate with cross-functional teams to complete projects
- Strong critical thinking and analytical skills: process and results-oriented
- Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
- Detail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively
Requirements
- Bachelor's degree in any discipline
- Minimum 7 years of experience with strategic sourcing, procurement and supplier relationship management in a manufacturing environment
- Experience with strategy development with effective decision-making with strong negotiation skills; ability to influence internal and external teams
- Experience with project management and peer leadership
Benefits
- Health Insurance
- Annual Bonus
- Long-term Incentives
Company overview
Boston Scientific Corporation is a global leader in the development, manufacturing, and marketing of minimally invasive medical devices used in interventional medical specialties. Founded in 1979 and headquartered in Marlborough, Massachusetts, the company focuses on transforming patient lives through innovative medical solutions across a wide range of therapeutic areas including cardiology, endoscopy, urology, pulmonology, and neuromodulation. With approximately 53,000 employees worldwide and operations in 40 countries, Boston Scientific serves over 44 million patients annually. The company invests heavily in research and development, allocating $1.6 billion to R&D in 2024, and maintains a strong commitment to quality, patient safety, and meaningful innovation. Boston Scientific's product portfolio includes advanced technologies such as cardiac rhythm management devices, coronary stents, ablation systems, endoscopy equipment, and neuromodulation therapies, all designed to improve patient outcomes and quality of life through less invasive treatment options.