Commodity Manager Job

Boston Scientific Arden Hills , MN 55112

Posted 2 months ago

Additional Locations: (n/a)

Purpose and Passion Comprehensive Benefits Life-Work Integration Community Career Growth

At Boston Scientific, you will find a collaborative culture driven by a passion for innovation that keeps us connected on the most essential level. With determination, imagination and a deep caring for human life, we're solving some of the most important healthcare industry challenges. Together, we're one global team committed to making a difference in people's lives around the world. This is a place where you can find a career with meaningful purpose-improving lives through your life's work.

Commodity Manager

About the Role:

Responsible for developing and executing optimal commodity & sourcing strategies. Establish & enhance Supplier relationships to drive sourcing & supplier initiatives to meet or exceed product quality, service & deliver sustainable cost reductions, while reducing or mitigating risk in the Supply Chain. Responsible for collaborating with internal stakeholders and aligning on optimal sourcing strategies to develop and implement one common Category Strategy for the assigned commodity.

Your Responsibilities Include:

  • Develops and implements Category Strategies in applicable sourcing categories that results in a sustainable competitive advantage.

  • Manages strategic supplier relationships in line with the Category Strategy and understands the strategic differentiators for each supplier.

  • Promotes and works towards balanced continuous (year-on-year) value improvement for all aspects of quality, service and cost with assigned supply base. Manages supplier performance and identifies Value Improvement Program's to improve TCO accordingly.

  • Negotiates value improvements and manages optimal supplier contracts.

  • Assists in the Supplier Stratification activities and develops capability roadmaps with Supplier Engineering and Category Management as part of the Category Strategy.

  • Interacts with Site Operational Procurement Teams.

  • Owns annual budget process for assigned suppliers as well as crisis or systematic issue resolution. Promotes early supplier involvement in New Product Development to achieve development performance goals, support project timelines, and manage product cost.

  • Gathers Market Intelligence and trends for the Commodity and Sub-Commodities.

  • Identifies risks within the commodity and works closely with stakeholders to eliminate or take mitigating actions for strategic risks.

  • Establishes relationship with R&D stakeholders related to the Category and facilitates the identification and evaluation of new materials or technologies to cover current and potential future BSC requirements.

  • Build alignment between business needs and market dynamics.

  • Identifies insourcing and outsourcing opportunities.

  • Guide respective internal leads through a holistic & systematic category approach to material & supplier selection and management.

  • Identifies all suitable suppliers per commodity and region per sample RFQ and develops comprehensive supplier knowledge & database.

  • Work closely with and engages on proactive information sharing with other Global Sourcing Team Members to optimize supply base.

  • Collaborate with Supplier Engineering to develop Should-Cost Models for major sub-commodities.

  • Analyses data and develops tools to manage the Commodity.

  • Establish and support a work environment of continuous improvement that supports BSC's Quality Policy, Quality System and the appropriate regulations for the area they support.

What We're Looking For:

Required Qualifications

  • Bachelor's degree required

  • Minimum of 3 years Strategic Procurement (Sourcing) and Supplier Relationship Management Experience in a manufacturing environment. Medical Device experience is an advantage.

  • MBA preferred

About us

As a global medical technology leader for more than 35 years, our mission at Boston Scientific (NYSE: BSX) is to transform lives through innovative medical solutions that improve the health of patients. If you're looking to truly make a difference to people both around the world and around the corner, there's no better place to make it happen.

Boston Scientific is an Equal Opportunity Employer - Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Disability, Veteran

Requisition ID: 469558

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Commodity Manager Job

Boston Scientific