Principal Strategy Sourcing Specialist - IT Services

Roles and Responsibilities:

• Create value across the entire portfolio of ~$250M of IT Services spend
• Work to build strategic relationships with internal stakeholders and suppliers
• Support sourcing strategies that result in a sustainable competitive advantage for Medtronic
• Operational management of preferred suppliers reporting & tracking of spend with priority suppliers, monitoring performance metrics, and overall facilitation of the purchase process
• Support IT purchase process, supplier relationship management activities and strategic supplier programs with IT Services partners, in collaboration with IT Vendor Management Office
• Achieve year-on-year value improvement targets for all aspects of service, innovation, and cost
• Lead & Support RF(x) events to drive competitive pressure and ensure maximum value is realized
• Lead & Support strategic contract negotiations for large-scale engagements with sophisticated external partners
• Engage and influence multiple stakeholders to adopt and implement strategies developed by the category team; Medtronic is a highly matrixed organization and having the ability to influence and leverage the matrix is a key requirement
• Interact and partner with IT, Legal, and other key stakeholder groups
• Recommend solutions to business problems and/or identify opportunities for improvement, and present ideas to leadership
• Advise internal stakeholders with a balanced view of contract risk and liabilities and advocate for their interests
• Gather market intelligence and industry trends; ability to use market benchmarking to justify and rationalize deal terms to Medtronic cross-functional teams / leadership
• Recommend solutions to business problems and identify opportunities for improvement
• Educate and train stakeholders on key indirect supply management initiatives and policies
• Work alongside experienced and motivated colleagues who are collaborative, creative and know how to have fun.

Must Have: Minimum Requirements

• Bachelor's degree required
• Minimum of 5 years of relevant experience, or advanced degree with a minimum of 3 years of relevant experience

Nice to Have

• Bachelors degree, any major; were looking for critical thinkers and we recognize that that skill is developed from many diverse educational experiences
• Minimum 5 years of experience in Sourcing, Supply Management, Procurement, Category Management, Finance, IT / Shared Services or any functional experience that developed analytical skills and commercial acumen
• Ability to partner and influence senior leadership
• Demonstrated leadership, customer service, problem-solving, communication, negotiation, judgment, and organizational skills
• Excellent written and verbal communication with strong program management skills
• Experience influencing and leading internal teams and external suppliers to deliver results
• Aptitude to prioritize and juggle many high-visibility projects at the same time
• Ability to manage and influence stakeholders
• Indirect sourcing experience (IT Services, Professional Services, Financial Services, Legal Services)
• Experience working in a large global organization
• Experience reviewing and drafting legal agreements