Sourcing Category Manager - Electronics
Boston Scientific
- Arden Hills, MN
- Permanent
- Full-time
The Category Manager is responsible for developing and implementing analytical and robust approaches to support strategic sourcing strategies that result in lower total costs, greater supplier value contributions and a sustainable competitive advantage within key sourcing categories.Your responsibilities will include:
- Gathering market intelligence and trends for the commodity and sub-commodities
- Identifying all suitable suppliers per commodity and region per sample RFQ to develop comprehensive knowledge and supplier database
- Negotiating complex contracts with critical supply partners to company standards and strategic objectives are exceeded.
- Guiding respective internal leads through a holistic and systematic category approach to material and supplier selection and management; identify insourcing and outsourcing opportunities
- Managing strategic supplier relationships according to the commodity strategy and strategic differentiators for each supplier
- Collaborating with stakeholders to identify and mitigate risks within the commodity
- Promoting continuous value improvement for all aspects of quality, service, and cost with assigned supply base
- Managing supplier performance and identifying Value Improvement Programs to improve the total cost of ownership (TCO)
- Establishing an optimal balance between collaborative engagement and competitive pressure with supply base to ensure the maximum value is realized, including negotiations on supplier contracts and value improvements
- Overseeing the annual budget process for assigned suppliers and resolving systematic issues
- Establishing early involvement to achieve development performance goals, support project timelines, and manage product cost
- Bachelor's Degree in Supply Chain, Engineering, Business or a related field
- Minimum 5yrs of experience in sourcing, supply chain management, or supplier relationship management
- Proficient with MS Excel and other applications (i.e. Word, PowerPoint, MS Project etc.)
- Ability to travel up to 20%
- Master's Degree or professional certification (i.e. CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
- Experience sourcing for electronic components and suppliers
- Experience working in medical device or similar regulated industry.
- Strong decision-making and negotiation skills, ability to influence internal and external teams
- Ability to work independently and collaborate with cross-functional teams to complete projects
- Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
- Strong critical thinking and analytical skills: process and results-oriented
- Detail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively