Senior Strategic Sourcing Specialist - Electronics

About the role

The Sr. Strategic Sourcing Specialist develops and executes sourcing strategies to reduce costs, enhance supplier value, and secure a competitive edge in key electronics categories. This role collaborates with divisional stakeholders to align and optimize sourcing strategies, manages supplier relationships, and supports the annual budget process.

Responsibilities

• Gather market intelligence and trends for the electronics category and sub-categories
• Identify suitable suppliers to develop a comprehensive supplier database
• Guide internal leads through a holistic and systematic category approach to material and supplier selection and management, identifying insourcing and outsourcing opportunities
• Manage strategic supplier relationships according to the category strategy and strategic differentiators for each supplier
• Analyze data and develop cost modeling tools (should-cost, COGS, etc.) to manage the category
• Collaborate with stakeholders to identify and mitigate issues and supplier-related risks
• Work with suppliers to promote continuous value improvement for quality, service, and cost
• Manage supplier performance and identify Value Improvement Programs (VIP) to improve total cost of ownership (TCO)
• Establish an optimal balance between collaborative engagement and competitive pressure with the supply base to ensure maximum value realization, including negotiations on supplier contracts and value improvements
• Support the annual budget process for assigned suppliers and resolve systematic issues
• Establish early involvement to achieve development performance goals, support project timelines, and manage product cost

Requirements

• Bachelor’s degree in supply chain, engineering, business, or a related field
• Minimum 3 years of direct sourcing experience and supplier relationship management
• Experience with MS Excel and other applications (Word, PowerPoint, MS Project, etc.)
• Ability to travel globally up to 20%

Preferred Qualifications

• Master’s Degree or professional certification (CPSM, CPIM, CSCP, PMP, Lean Six Sigma, etc.)
• Experience sourcing for electronic components for manufacturing operations
• Experience working in medical device or similar regulated industry
• Strong decision-making and negotiation skills, ability to influence internal and external teams
• Strong interpersonal skills, with ability to communicate effectively with individuals on all levels
• Strong critical thinking and analytical skills: process and results-oriented
• Detail oriented with strong organizational skills; ability to multi-task and prioritize competing responsibilities effectively

Benefits

At Boston Scientific, we provide a comprehensive benefits package including health insurance, retirement plans, and paid time off. We also offer a variety of programs and resources to support your overall well-being and career growth.

Pay

Minimum Salary: $89,100
Maximum Salary: $169,300

Schedule

This role follows a hybrid work model, requiring employees to be in the local office at least three days per week.