Stryker
Responsibilities
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
Own/Lead 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
Appropriate 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 escalated risks to project teams or management as needed
Driving 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.
Qualifications
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
Salary & Benefits $89,300.00 - $193,400.00 salary plus bonus eligible + benefits. Individual pay is based on skills, experience, and other relevant factors.
Benefits
Medical and prescription drug insurance
Dental insurance
Vision insurance
Critical illness insurance
Accident insurance
Hospital indemnity insurance
Personalized healthcare support
Wellbeing program
Tobacco cessation program
Health Savings Account (HSA)
Flexible Spending Accounts (FSAs)
401(k) plan
Employee Stock Purchase Plan (ESPP)
Basic life and AD&D insurance
Short-term disability insurance
Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually.
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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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
Own/Lead 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
Appropriate 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 escalated risks to project teams or management as needed
Driving 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.
Qualifications
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
Salary & Benefits $89,300.00 - $193,400.00 salary plus bonus eligible + benefits. Individual pay is based on skills, experience, and other relevant factors.
Benefits
Medical and prescription drug insurance
Dental insurance
Vision insurance
Critical illness insurance
Accident insurance
Hospital indemnity insurance
Personalized healthcare support
Wellbeing program
Tobacco cessation program
Health Savings Account (HSA)
Flexible Spending Accounts (FSAs)
401(k) plan
Employee Stock Purchase Plan (ESPP)
Basic life and AD&D insurance
Short-term disability insurance
Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually.
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