Jobs · Purchasing · Minnesota

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.

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