I

Intuitive Surgical

Builds robots for minimally invasive surgery

IT Sourcing Manager

Full-Time
$122.7k - $207.7k
Senior
Bachelor's, MBA
Sunnyvale, CA, USA
In PersonPreference is given to candidates who do not reside or plan to reside in Alabama, Arkansas, Delaware, Florida, Indiana, Iowa, Louisiana, Maryland, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, or Tennessee.
Operations & LogisticsProcurement & Sourcing

About the job

Requirements
  • A bachelor's degree is required; Business, Supply Chain, Finance, Information Systems, or a related discipline is preferred.
  • At least 6 years of relevant experience, including at least 3 years supporting IT strategic sourcing, procurement, category management, vendor management, or technology contract negotiations.
  • Experience sourcing and negotiating across multiple IT spend categories, including Software/SaaS, Cloud, Hardware, Telecommunications, or Technology Services.
  • Knowledge of software licensing models, cloud consumption-based pricing, and technology supplier management practices.
  • Strong analytical skills, including gathering data, performing financial analysis, identifying trends, and developing actionable recommendations.
  • Demonstrated ability to lead sourcing projects and drive results through cross-functional collaboration.
  • Experience conducting supplier evaluations, market research, benchmarking, and competitive sourcing events.
  • Strong contract and commercial negotiation skills.
  • Ability to influence stakeholders and build consensus across multiple functions and organizational levels.
  • Strong project management and organizational skills, with the ability to manage multiple priorities simultaneously.
  • Excellent verbal, written, presentation, and interpersonal communication skills.
  • Ability to work independently while effectively collaborating in a team environment.
  • Strong attention to detail and commitment to accuracy.
  • Ability to thrive in a fast-paced, evolving business environment with changing priorities.
Responsibilities
  • Lead sourcing initiatives across assigned IT categories, including Software/SaaS, Cloud, Hardware, Telecommunications, and Technology Services.
  • Independently manage RFx and sourcing activities from initiation through contract execution for low-to-high complexity projects.
  • Conduct supplier assessments, market intelligence research, benchmarking, and spend analysis to identify sourcing opportunities and support business decision-making.
  • Develop sourcing strategies, business cases, negotiation plans, and award recommendations aligned with stakeholder objectives.
  • Analyze supplier proposals and commercial models, including pricing, licensing structures, total cost of ownership, and associated business risks.
  • Facilitate supplier selection activities and drive alignment among cross-functional stakeholders.
  • Lead sourcing project meetings and maintain project plans, timelines, milestones, and communication plans.
  • Support category strategy initiatives by providing market intelligence, supplier insights, spend analysis, and sourcing recommendations.
  • Lead commercial negotiations for technology agreements, including software, SaaS, cloud, hardware, maintenance, professional services, and telecommunications contracts.
  • Partner with Contracts COE, Security, Privacy, Finance, and business stakeholders to negotiate favorable commercial terms while mitigating company risk.
  • Evaluate contractual obligations, pricing structures, service levels, and business requirements to identify opportunities for optimization.
  • Support contract renewals, supplier consolidations, competitive sourcing events, and commercial restructuring initiatives.
  • Ensure sourcing activities comply with company policies, procurement procedures, and governance requirements.
  • Assist stakeholders in evaluating supplier proposals and contract alternatives to support informed decision-making.
  • Support supplier relationship management activities for strategic and preferred suppliers.
  • Participate in executive business reviews and supplier performance discussions.
  • Monitor supplier performance metrics and assist in identifying and addressing service, quality, delivery, and commercial concerns.
  • Conduct supplier risk assessments and escalate potential risks to management and stakeholders as appropriate.
  • Support category management initiatives through spend analytics, market trend analysis, supplier segmentation, and opportunity identification.
  • Collaborate with IT portfolio owners and business stakeholders to execute sourcing plans and category initiatives.
  • Develop spend analysis, supplier benchmarking, cost models, savings analyses, and business cases to support sourcing recommendations.
  • Prepare executive-level presentations, sourcing summaries, negotiation updates, and stakeholder communications.
  • Track sourcing project status, value delivery, savings achievement, and key performance metrics.
  • Support annual sourcing roadmaps, budget planning, and category planning activities.
  • Contribute to continuous improvement initiatives that enhance sourcing effectiveness, stakeholder experience, and procurement processes.
  • Provide support for ad hoc sourcing, contracting, and supplier-related requests.
Desired Qualifications
  • Experience working in a regulated industry or global organization.
  • Familiarity with procurement, contract lifecycle management, procure-to-pay (P2P), enterprise resource planning (ERP), and spend analytics tools.
  • Professional certifications such as CPSM, CPSD, CPCM, PMP, or equivalent.
  • An MBA or advanced degree.

About the company

Intuitive Surgical makes da Vinci robots that let surgeons operate through a few small incisions, and Ion, a robot that reaches deep into the lungs to take tissue samples. In 2000, da Vinci became the first robotic system cleared by the FDA for general laparoscopic surgery, meaning keyhole operations in the abdomen. A surgeon sits at a nearby console and steers robotic arms holding a 3D camera and wristed instruments, which turn hand movements into smaller, steadier motions. Hospitals buy or lease the robots, then keep paying for the instruments used in each operation and for service. Intuitive was founded in 1995 to commercialize robotic surgery research from SRI International and is based in Sunnyvale, California.

Company Size

10,001+

Company Stage

IPO

Headquarters

Sunnyvale, California

Founded

1995

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Simplify Jobs

Simplify's Take

What believers are saying

  • Demand keeps compounding: da Vinci procedures grew 15% and revenue 19%, to $2.89 billion, in the June 2026 quarter.
  • Room to grow: Intuitive listed 748 open roles in October 2026, including 191 in engineering and 312 in Sunnyvale.
  • Repeat sales steady the business: instruments and service made 76% of revenue in the June 2026 quarter.

What critics are saying

  • Stock grants have shrunk: shares fell 27% from January to October 2026, versus 9% for rival Medtronic.
  • Device giants are moving in: the FDA cleared rival robots from Medtronic in December 2025 and J&J in July 2026.
  • Instrument sales face a court fight: in August 2026, an appeals court revived a repair firm's monopoly suit against Intuitive.

What makes Intuitive Surgical unique

  • Hospitals rent more than they buy: 254 of 468 da Vinci systems placed in the June 2026 quarter were leases.
  • It runs without borrowing: Intuitive had no debt and $8.6 billion in cash and investments in June 2026.
  • Its CEO is a 30-year insider: Dave Rosa, CEO since July 2025, joined as employee number nine in 1996.

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Benefits

  • Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Yahoo Finance
Oct 1st, 2026
Intuitive Surgical down 30% in 2026, but Wall Street analysts stay bullish

Intuitive Surgical has lost nearly 30% year-to-date in 2026, making it one of healthcare's biggest losers. The stock fell over 40% by late July. Despite this decline, Wall Street remains bullish—24 of 32 analysts surveyed by S&P Global in September rated it a "buy" or "strong buy." The medical device maker faces several challenges. Growth is slowing whilst the stock trades at a forward price-to-earnings multiple over 33. Competition in China remains difficult, and the company now battles healthcare giants Johnson & Johnson, Medtronic, and Stryker in robotic surgical systems. The expiration of Affordable Care Act subsidies and rising GLP-1 drug usage have also impacted procedure volumes. However, the company's Asian revenue still jumped 20% year-over-year in Q2, suggesting these headwinds aren't insurmountable.

Yahoo Finance
Sep 17th, 2026
Intuitive Surgical, IonQ, and Accenture hold billions in net cash for growth

Investors seeking financial stability often look to companies with more cash than debt, as these businesses have greater flexibility for growth investments, buybacks, and dividends. Intuitive Surgical holds $5.22 billion in net cash. The robotic surgery pioneer achieved 20.7% annual revenue growth over the past two years, whilst its earnings per share increased 17.4% annually over five years. IonQ maintains $2.06 billion in net cash, representing 14.1% of its market capitalisation. The quantum computing company posted 181% annual revenue growth over two years and expects 163% growth next year. Accenture has $1.78 billion in net cash. The professional services firm employs approximately 774,000 people across more than 120 countries. Companies with strong balance sheets can navigate uncertain markets whilst pursuing expansion opportunities without the burden of significant debt obligations.

Yahoo Finance
Aug 23rd, 2026
Thermo Fisher vs Intuitive Surgical: which premium healthcare stock justifies valuation?

Thermo Fisher and Intuitive Surgical both delivered strong recent quarters, but their premium valuations rest on different foundations. Thermo Fisher's case depends on recovery in life sciences spending after the pandemic slowdown. The company's Life Sciences Solutions segment saw reported revenue climb 13% year-over-year, with organic revenue up 3%. The Analytical Instruments business returned to growth after nearly two years of weak demand, suggesting laboratory spending is normalising. Intuitive Surgical maintains its premium through business model strength. The company's non-GAAP gross profit margin reached 70.0%, whilst its non-GAAP operating margin expanded 330 basis points year-over-year to 42.1%. Recurring revenue streams constitute roughly 85% of total sales. Intuitive placed 468 da Vinci surgical units in fiscal Q2, marking 18% year-over-year growth, indicating continued hospital investment in robotic surgery platforms.

Yahoo Finance
Aug 19th, 2026
Abbott beats Q2 estimates with 13% sales growth as diagnostics surge 42%, while Intuitive Surgical posts 19% revenue rise

Abbott Laboratories reported strong fiscal Q2 2026 results, with sales rising 13% on a reported basis and 4.8% on a comparable basis, beating estimates and prompting the company to raise its annual profit forecast. The diagnostics segment was particularly strong, growing 42% to $3.09 billion, driven by its cancer diagnostics business following the Exact Sciences acquisition. Intuitive Surgical also exceeded expectations in Q2 2026, with revenue growing 19% to $2.89 billion and adjusted EPS of $2.80, beating forecasts by $0.30. The company placed 468 da Vinci units during the quarter, an 18% year-over-year increase, whilst maintaining a non-GAAP gross margin of 70.0%. The companies present contrasting investment cases: Abbott offers diversified healthcare portfolio resilience, whilst Intuitive Surgical relies on its robotic surgery ecosystem with recurring revenue comprising approximately 85% of total sales.

PR Newswire
Aug 17th, 2026
Intuitive leases 316,000-sq-ft facility in Penang to manufacture surgical instruments, create 1,200 jobs by 2032

Intuitive, the global leader in minimally invasive care and pioneer of robotic-assisted surgery, has signed a lease agreement with Penang Development Corporation for a new manufacturing facility in Malaysia. The 316,000-square-foot site in Bandar Cassia Technology Park will produce surgical instruments and electromechanical devices for Intuitive's da Vinci surgical system. The facility is expected to begin operations in 2028 and create 1,200 highly skilled jobs by 2032. The investment reflects Intuitive's commitment to Asia Pacific, where its da Vinci systems have treated more than 2.5 million patients across 13 markets over two decades. The expansion aims to support growing demand for robotic-assisted surgery across the region and strengthen Penang's position as a MedTech manufacturing hub in Southeast Asia.