Stryker
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Responsibilities The NPI Senior Sourcing Analyst will support development and implementation of strategic sourcing activities in assigned suppliers and/or commodities; with goal to obtain the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management. The NPI Senior Sourcing Analyst will support the implementation of NPI project launches by utilizing a global tool kit, evaluating cost reduction ideas, supply base optimization, contract negotiations, global strategies, and supplier risk assessments.
Own the development and implementation of NPI sourcing strategies for assigned projects of increased complexity, utilizing agreed tools and processes
Perform sourcing analysis and selection process utilizing the agreed tools, including financial and non‑financial inputs as required for clear sourcing decisions
Demonstrate insight and understanding of component cost drivers to develop negotiation strategies
Lead/Own the negotiation of contracts (i.e. Supply Agreement, Development Agreements) per guidelines
Develop strong relationships with suppliers and stakeholders in scope for the project, and serve as a primary escalation point
Advocate on behalf of supplier within the organization by providing a balanced viewpoint and holding suppliers accountable as appropriate and lead cross functional teams to resolve issues
Lead/Own procurement activities for new product launches [supplier selection, requests for quotes, negotiations, awards, cost management, launch readiness and handover to sustaining procurement
Assure costs are tracked throughout the project, standards are accurately implemented and savings are captured for handover. Alignment with Finance, Supply Planning, Purchasing to ensure parts are set up with all appropriate attributes
Effectively and timely communicate expectations to suppliers and expedite risks to project teams or management as needed
Drive change to mitigate risks, understanding of key challenges, and voicing concerns to project leadership, divisional sourcing, global category
Identify savings opportunities during launch planning and future savings opportunities for sustaining sourcing
Identify gaps/opportunities to support procurement strategy and collaborate with global stakeholders to resolve
Develop business case proposals to support future transfers, dual sourcing, design changes, etc.
Requirements
Bachelor's degree - required
6+ years of experience - required
Financial analysis and negotiation skills required at complex levels
Strategic analysis skills
Understanding of procurement strategy
Benefits Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance.
Job Details Seniority level: Mid‑Senior level
Employment type: Full‑time
Job function: Supply Chain
Industries: Appliances, Electrical, and Electronics Manufacturing, Industrial Machinery Manufacturing, and Medical Equipment Manufacturing
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Responsibilities The NPI Senior Sourcing Analyst will support development and implementation of strategic sourcing activities in assigned suppliers and/or commodities; with goal to obtain the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management. The NPI Senior Sourcing Analyst will support the implementation of NPI project launches by utilizing a global tool kit, evaluating cost reduction ideas, supply base optimization, contract negotiations, global strategies, and supplier risk assessments.
Own the development and implementation of NPI sourcing strategies for assigned projects of increased complexity, utilizing agreed tools and processes
Perform sourcing analysis and selection process utilizing the agreed tools, including financial and non‑financial inputs as required for clear sourcing decisions
Demonstrate insight and understanding of component cost drivers to develop negotiation strategies
Lead/Own the negotiation of contracts (i.e. Supply Agreement, Development Agreements) per guidelines
Develop strong relationships with suppliers and stakeholders in scope for the project, and serve as a primary escalation point
Advocate on behalf of supplier within the organization by providing a balanced viewpoint and holding suppliers accountable as appropriate and lead cross functional teams to resolve issues
Lead/Own procurement activities for new product launches [supplier selection, requests for quotes, negotiations, awards, cost management, launch readiness and handover to sustaining procurement
Assure costs are tracked throughout the project, standards are accurately implemented and savings are captured for handover. Alignment with Finance, Supply Planning, Purchasing to ensure parts are set up with all appropriate attributes
Effectively and timely communicate expectations to suppliers and expedite risks to project teams or management as needed
Drive change to mitigate risks, understanding of key challenges, and voicing concerns to project leadership, divisional sourcing, global category
Identify savings opportunities during launch planning and future savings opportunities for sustaining sourcing
Identify gaps/opportunities to support procurement strategy and collaborate with global stakeholders to resolve
Develop business case proposals to support future transfers, dual sourcing, design changes, etc.
Requirements
Bachelor's degree - required
6+ years of experience - required
Financial analysis and negotiation skills required at complex levels
Strategic analysis skills
Understanding of procurement strategy
Benefits Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance.
Job Details Seniority level: Mid‑Senior level
Employment type: Full‑time
Job function: Supply Chain
Industries: Appliances, Electrical, and Electronics Manufacturing, Industrial Machinery Manufacturing, and Medical Equipment Manufacturing
#J-18808-Ljbffr