Principal Strategy Sourcing Specialist - IT Services (Gurugram)

Principal Strategy Sourcing Specialist - IT Services (Gurugram)

02 Nov
|
Medtronic
|
Gurugram

02 Nov

Medtronic

Gurugram

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, Qualified Services, Financial Services, Legal Services)
- Experience working in a large global organization
- Experience reviewing and drafting legal agreements

📌 Principal Strategy Sourcing Specialist - IT Services (Gurugram)
🏢 Medtronic
📍 Gurugram

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