Sr Sourcing Specialist
Boston Scientific
Summary
The Senior Sourcing Specialist plays a key role in supporting the development and execution of sourcing and category strategies, with an emphasis on supplier management, contracting, and cross-functional collaboration. This role partners closely with internal stakeholders to manage sourcing initiatives, lead competitive sourcing events, perform pricing and cost analyses, and ensure alignment with Boston Scientific's privacy, cybersecurity, legal, and compliance requirements. The position contributes to global sourcing initiatives and supports continuous improvement through data-driven decision making, supplier performance management, and category insights.
Job description
About the role
The Senior Sourcing Specialist plays a key role in supporting the development and execution of sourcing and category strategies, with an emphasis on supplier management, contracting, and cross-functional collaboration. This role partners closely with internal stakeholders to manage sourcing initiatives, lead competitive sourcing events, perform pricing and cost analyses, and ensure alignment with Boston Scientific's privacy, cybersecurity, legal, and compliance requirements. The position contributes to global sourcing initiatives and supports continuous improvement through data-driven decision making, supplier performance management, and category insights.
Your responsibilities will include
- Support and execute end-to-end sourcing activities, including development and issuance of RFPs/RFIs, supplier identification, bid evaluations, and cost and pricing analyses.
- Serve as a primary point of contact for suppliers, managing day-to-day communications, participating in recurring and ad hoc meetings, and supporting issue resolution.
- Partner with cross-functional teams (e.g., HR, Legal, Privacy, Cybersecurity, Finance) to complete privacy impact assessments, cybersecurity risk assessments, and legal intake requirements for new and existing suppliers.
- Facilitate contract development, negotiation, and execution through established procurement and approval workflows.
- Support the development and execution of category strategies, with an initial focus on Human Resources and Professional Services-related categories such as benefits, talent management, recruiting, payroll services, temp staffing, consulting and other indirect spend areas, as needed.
- Evaluate, select, and manage suppliers to ensure alignment with business needs, quality standards, innovation goals, and total cost objectives; support negotiations to achieve competitive and sustainable commercial terms.
- Collaborate with regional and global sourcing teams to drive alignment with enterprise sourcing strategies, policies, and governance standards.
- Track, analyze, and report key performance indicators (KPIs) related to supplier performance, cost savings, cost avoidance, and category effectiveness.
- Leverage market intelligence, benchmarking, and spend analytics to identify opportunities for continuous improvement and value creation.
Required qualifications
- Bachelor's degree with 5 years of relevant sourcing, procurement, or category management experience, or MBA with 4 years of related experience.
- Demonstrated experience in category management, supplier negotiations, and contract lifecycle management.
- Experience applying data-driven analysis, performance metrics, and structured sourcing methodologies to deliver measurable business results.
Requirements
- Bachelor's degree with 5 years of relevant sourcing, procurement, or category management experience, or MBA with 4 years of related experience
- Demonstrated experience in category management, supplier negotiations, and contract lifecycle management
- Experience applying data-driven analysis, performance metrics, and structured sourcing methodologies to deliver measurable business results
Benefits
- Annual Bonus Target
- Long-Term Incentives
- Core and Optional Benefits
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.