Lead Sourcing Specialist - Commodity Management
GE HealthCare · Cincinnati, OH · 2 days ago
Purchasing$101k–$151k/yrFull-time
Key Responsibilities
- Define and implement sourcing strategies for critical components used in medical device manufacturing.
- Maintain a deep understanding of the competitive landscape and the rationale behind supplier selection, including capabilities, innovation, cost structure, and regulatory compliance.
- Drive annual cost negotiations across all GE HealthCare segments, securing optimal terms while balancing quality, risk, and long-term value.
- Lead supplier reviews, including technology and business performance assessments, to ensure alignment with strategic goals.
- Negotiate and manage supplier contracts with a focus on quality, regulatory compliance (e.g., FDA, ISO 13485), and risk mitigation.
- Support escalations related to supplier performance issues and compliance with internal procurement policies.
- Partner with Sourcing, Engineering, Quality, and other internal teams to align sourcing strategies with business needs.
- Data-Driven Decision Making: Conduct data analysis to support sourcing decisions, identify cost-saving opportunities, and monitor supplier performance.
- Project Leadership: Lead or support sourcing-related projects with moderate complexity, ensuring timely delivery and alignment with business goals.
- Mentorship & Knowledge Sharing: Act as a resource for less experienced team members, sharing expertise and supporting skill development.
Qualifications
- Bachelor’s degree in Business, Engineering, or Supply Chain (or high school diploma/GED with 6+ years of relevant experience).
- Minimum 5 years of experience in Sourcing, Procurement, or Commodity Management, experience with medical device manufacturing (FDA, ISO13485) or technology manufacturing industry preferred.
- Strong negotiation and contract management skills.
- Proficiency in Power BI and Microsoft Excel.
- Project management experience, especially in regulated industries.
Desired Characteristics
- Experience in a global team environment.
- Advanced negotiation and contract strategy skills.
- Experience working with OEM/ODM suppliers, with demonstrated understanding of product planning and technology roadmaps.
- Proven success in category/commodity strategy development.
- Strong analytical and problem-solving abilities.
- Demonstrated ability to plan, document, and execute sourcing programs effectively.
- Advanced proficiency with data analytics tools such as Power BI.