Lead Sourcing Specialist - Commodity Management

About the Role

As a Lead Sourcing Specialist – Commodity Management, you will lead supplier negotiations, develop sourcing strategies, and manage supplier performance to ensure optimal contractual terms and the highest standards of quality, compliance, and cost-efficiency. Leveraging your expertise in sourcing best practices, market dynamics, and cross-functional collaboration, you will deliver value and elevate performance across the supply base while ensuring internal stakeholder satisfaction.

Key Responsibilities

• Category Strategy: Define and implement sourcing strategies for critical components used in medical device manufacturing, with a strong focus on supplier differentiation and competitive positioning within each category. Maintain a deep understanding of the competitive landscape and the rationale behind supplier selection, including capabilities, innovation, cost structure, and regulatory compliance. Utilizes in-depth knowledge of a discipline (Computers) and analytical thinking to execute policy/strategy.
• Cost and Supplier Management: 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.
• Contract & Risk Management: 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.
• Cross-Functional Collaboration: 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. Jobs at this level function with some autonomy but are subject to functional practices and precedents or are covered by well-defined policies or review of end results. The job allows modification of procedures and practices covering work as long as the end results meet standards of acceptability (quality, volume, timeliness etc.).

Required 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, with experience in 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.

Pay & Benefits

For U.S. based positions only, the pay range for this position is $100,800.00–$151,200.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location. In addition, this position may also be eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package, including but not limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement.