Sr Strategic Sourcing Mgr - R&D Services
Medtronic · Minneapolis, MN · 1 wk ago
On-sitePurchasing$144k–$216k/yrFull-time
About the role
We anticipate the application window for this opening will close on 17 Jul 2026.
Responsibilities
- Lead category management for approximately $250M in annual R&D Services spend, developing and executing long-term, transformational sourcing strategies that create sustainable competitive advantage.
- Build and mature the R&D Services category from an early stage by developing category strategies, supplier segmentation, and capability roadmaps.
- Partner with cross-functional R&D stakeholders across a highly matrixed organization to influence strategy adoption and align sourcing decisions with business priorities.
- Drive measurable year-over-year value improvements across cost, quality, service, and innovation.
- Drive strategic sourcing initiatives including RFx events, supplier selection, and complex contract negotiations to maximize value and manage risk.
- Develop market intelligence, benchmarking, and gap analyses to identify opportunities, inform strategy, and recommend improvements to leadership.
- Strengthen supplier management practices through supplier stratification, relationship management, and performance improvement initiatives.
- Improve procurement effectiveness by driving process and system enhancements, ensuring governance compliance, and educating stakeholders on sourcing policies and Procure-to-Pay practices.
Requirements
- Minimum Requirements: Bachelor’s degree required, minimum of 7 years of relevant experience in R&D Sourcing, or advanced degree with a minimum of 5 years of relevant experience with 5+ years of managerial experience.
- Nice to Have: Bachelor’s degree in engineering, economics, business, supply chain, information systems, life sciences, law, or a related field; Master’s degree preferred, Strong understanding of the economics, supplier landscape, and market trends within R&D services, software, and technical services categories, Experience in global category management, including strategy development and execution using strategic sourcing methodologies, Experience working in large, multi-divisional organizations, preferably within regulated or engineering-driven industries such as MedTech, Pharma, Automotive, Aerospace, or Heavy Industrial, Knowledge of FDA-regulated environments and associated compliance considerations, Demonstrated ability to influence and lead cross-functional teams and external suppliers to deliver business results, Excellent communication, negotiation, and program management skills, with strong judgment, problem-solving ability, and legal/contractual acumen, Highly organized, detail-oriented self-starter with strong collaboration skills and proficiency in MS Excel and PowerPoint.
Qualifications
- Bachelor’s degree required, minimum of 7 years of relevant experience in R&D Sourcing, or advanced degree with a minimum of 5 years of relevant experience with 5+ years of managerial experience.
- Bachelor’s degree in engineering, economics, business, supply chain, information systems, life sciences, law, or a related field; Master’s degree preferred.
- Strong understanding of the economics, supplier landscape, and market trends within R&D services, software, and technical services categories.
- Experience in global category management, including strategy development and execution using strategic sourcing methodologies.
- Experience working in large, multi-divisional organizations, preferably within regulated or engineering-driven industries such as MedTech, Pharma, Automotive, Aerospace, or Heavy Industrial.
- Knowledge of FDA-regulated environments and associated compliance considerations.
- Demonstrated ability to influence and lead cross-functional teams and external suppliers to deliver business results.
- Excellent communication, negotiation, and program management skills, with strong judgment, problem-solving ability, and legal/contractual acumen.
- Highly organized, detail-oriented self-starter with strong collaboration skills and proficiency in MS Excel and PowerPoint.
Skills
- Strategic thinking and problem-solving.
- Supplier management and contract negotiation.
- Market research and analysis.
- Collaboration and stakeholder management.
- Project management and process improvement.
- Financial analysis and budgeting.
- Communication and presentation skills.
Benefits
- Health, Dental and vision insurance.
- Health Savings Account.
- Healthcare Flexible Spending Account.
- Life insurance.
- Long-term disability leave.
- Dependent daycare spending account.
- Tuition assistance/reimbursement.
- Employee Stock Purchase Plan.
- Employee Assistance Program.
- Simple Steps (global well-being program).
Pay
$144,000.00 - $216,000.00 USD
Schedule
A minimum of 4 days a week onsite.