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Senior Strategic Sourcing Specialist

6.00 to 0.00 Years   Hyderabad   24 Sep, 2021
Medtronic
Job LocationHyderabad
EducationNot Mentioned
SalaryNot Disclosed
IndustryMedical / Healthcare
Functional AreaManagement Consulting / Strategy
EmploymentTypeFull-time

Job Description

Careers that Change LivesThis Specialist, based in Hyderabad (India) will be accountable for :

  • The efficient functioning of the Procurement, Logistics Department working under the guidance of Head-Stategic sourcing & Head-Finance , He/ she would execute the Starategic Sourcing & supply chain strategy at MEIC for R & D support and Turn-Key projects to contribute to achieve quality, delivery and cost reduction targets.
  • He/she is expected to manage stakeholder relationships and work closely with the R&D, Program Management, AME, Contract Manufacturers and other functions as applicable to understand key sourcing requirements and work to qualify and select vendors that meet project and business needs.
  • Engineering Service Providers / Strategic partners relationship management and Monitoring of the engagements from Contractual perspective and all related matters.
  • Responsible for direct and indirect sourcing for MEIC entity.
A Day in the Life
  • Provide leadership in identifying & developing new suppliers as per project requirement.
  • Work with relevant departments at MEIC and Regional Sourcing to understand requirements to identify new sourcing opportunities.
  • Evaluate supplier capabilities and establish sources for new technologies and in new markets as business requirements dictate.
  • Work with strict compliance with ISO 13485 procedures and Medtronic and Centre vide policies as regard to his/ her charter, help in audit and work in close partnership with the QA function.
  • Develop short term supplier and commodity strategies which align with MEIC product development initiatives and where appropriate, develop Engineering Service Provider risk mitigation programs.
  • Maintain a qualified supply base to meet cost, quality, and delivery and technology requirements of the company.
  • Manage the development and negotiation of supply agreements with suppliers encompassing key program specifications and functional objectives.
  • Identify metrics, tools, and processes to optimize sourcing, supplier activities, and efficiencies, and work collaboratively with Global team members to prioritize and drive implementation.
  • Work within Medtronic team to align MEIC sourcing initiatives with corporate guidelines.
  • Will be accountable to manage all matters pertaining to Procurement, Sourcing, Vendor relationships including Engineering Service Providers.
  • Work in close tandem with the Regional Sourcing Head in terms of operations, annaul delivery targets and value creation initiatives.
Principal working relationshipWorks closely with Regional Sourcing Head & Finance Head, all the internal stakeholders, Suppliers and R&D Cross functional teams.Must Have:
  • Minimum 6 years of professional experience in working & managing Supply chain activities, Strategic Sourcing, developing new products with suppliers and supplier audits.
  • Exposure to Medical devices R&D experience, Contract Manufacturing, Supply Chain or New Product Introductions preferred.
  • Exposure to ISO 13485 procedure.
  • Good knowledge on different taxes and SEZ material handling.
  • Hands-on experience working in sourcing environment.
  • Hands on experience in SAP and One source tools.
  • Excellent price negotiation skills and familiar with equipment purchases and contract terms.
  • Bachelors in Engineering.
Nice to Haves
  • MBA
  • Certification in Supply Chain management
About MedtronicTogether, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life.We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be. We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let s work together to address universal healthcare needs and improve patients lives.Help us shape the future.Whatever your specialty or ambitions, you can make a difference at Medtronic - both in the lives of others and your career. Join us in our commitment to take healthcare Further, Together. Additional Information
  • Posting Date: Sep 21, 2021
  • Travel: No
,

Keyskills :
schedulingvalue creationindirect sourcingportalsmedical devicesprice negotiationnegotiation skillsrisk mitigationhiringsourcingstrategic sourcingsupply chain managementrecruitment

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