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Stryker

Manufactures orthopedic and surgical medical devices

Director Sourcing

Procurement & SourcingConfirmed live in the last 24 hours
Full-timePortage, MI, USA$155.9k - $259.7k /yr

About the Job

Requirements

  • Minimum of 10 years of sourcing, procurement, or supply chain experience, preferably in medical devices or other highly regulated environments.
  • Ability to think strategically, understand details, and operate at a higher level.
  • Strong leadership and interpersonal skills, including the ability to engage and influence senior stakeholders.
  • Strong people-leading and talent-management skills.
  • Experience with world-class strategic sourcing and category management practices.
  • Strong negotiation skills and experience negotiating and implementing commercial contracts, including supply and quality agreements.
  • Strong written and verbal communication skills across all levels.
  • Ability to multitask and coordinate initiatives with a virtual, global or regional team.
  • Ability to challenge conventional wisdom and influence change.
  • Track record of capturing value and driving spend to preferred suppliers.
  • Demonstrated ability to manage and improve vendor performance.
  • Hands-on approach.
  • Ability to align with peers and stakeholders and build and maintain strong networks.
  • Ability to work in a results-based, fast-paced environment with minimal supervision.
  • Willingness to travel 20–40%.

Responsibilities

  • Lead sourcing areas, supplier performance initiatives, and a global team of sourcing professionals supporting the Medical Division's Portage location.
  • Achieve cost reductions and year-over-year productivity improvements in the total cost of goods and services while maintaining or improving product quality and vendor service levels.
  • Liaise with stakeholders in member organizations and corporate functions to develop cost-reduction strategies and implementation plans.
  • Coordinate with divisional sourcing, global categories, supplier quality, advanced operations, materials management, operations, senior leadership, legal, compliance, and other stakeholders to improve supplier capabilities, build a scalable supplier base, and deliver results through supplier alignment, cost management, and performance optimization.
  • Obtain quality, service, and value through bidding, negotiation, and supplier management.
  • Lead cross-functional efforts to develop and implement global category plans covering cost-reduction initiatives, new product development, supply-base optimization and rationalization, quality improvement, risk assessment, contract negotiation, and potentially cross-divisional, group-wide, or global strategies and initiatives.
  • Serve as a subject-matter expert in strategic sourcing and procurement practices and mentor others.
  • Engage stakeholders at all organizational levels to drive change and align actions and decisions with broader category strategy; coordinate cross-functional teams and communications plans when decisions are not aligned.
  • Lead development and implementation of strategies and goals supporting divisional business objectives for Sourcing at the Medical Division's Portage location.
  • Establish and maintain contractual and business relationships with senior management at key suppliers.
  • Lead critical program initiatives.
  • Formulate and implement processes to build a best-in-class strategic sourcing organization.
  • Lead sourcing analysis and supplier selection; perform cost analyses and make-versus-buy analyses as required.
  • Advise others on supplier selection and cost analysis.
  • Align strategic investments in new technologies or capabilities with suppliers and internal Research and Development or Business Development teams.
  • Negotiate, establish, monitor, and enforce supplier contracts and agreements.
  • Lead negotiations with large-scale, high-impact suppliers.
  • Develop partnerships with key suppliers and other business disciplines.
  • Mobilize teams to deploy risk-mitigation strategies, including dual sourcing, intellectual property acquisition, market assessments, supplier financial assessments, social responsibility, environmental considerations, and ethics.
  • Partner with Finance on raw-material pricing strategies and responses to changing market conditions; obtain and communicate market-condition information and technology trends related to commodities and suppliers.
  • Use market trends to identify and implement cost controls and business-strategy changes.
  • Ensure cost standards are established for annual operating budgets.
  • Organize and lead scorecard review meetings and executive business reviews.

About the Company

Stryker

Manufactures orthopedic and surgical medical devices

Stryker makes medical devices for hospitals, surgical centers and emergency responders, spanning joint implants, surgical instruments and patient transport equipment. Its Mako platform assists surgeons with joint replacement, while its neurotechnology products support brain and spine procedures and stroke treatment. Clinicians use its equipment during surgery and emergency care, and the company earns money by selling implants, disposable products and capital equipment through direct sales teams and distributors. The business also supplies training and technical support for healthcare providers using its devices. Stryker was founded in 1941 and is headquartered in Portage, Michigan.

Company size
10,001+
Company stage
IPO
Headquarters
Portage, MI
Founded
1941

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