Principal Strategy Sourcing Specialist

Medtronic; Mumbai; Hybrid; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Competitive salary

Flexible benefits package

Job summary

Medtronic is seeking a Category Manager for IT Services to manage a $250M spend portfolio and align IT procurement with business goals. You will cultivate strategic supplier relationships, lead RFx events, and drive value through contract negotiations.

The role requires a Bachelor's degree and 5+ years in sourcing or procurement with IT/Shared Services experience. Hybrid work in a global, matrixed environment is offered with competitive compensation.

Qualifications

• Bachelor's degree required.
• Minimum of 5 years of relevant experience, or 3+ years with advanced degree.
• Experience in IT services, sourcing, procurement, or category management.

Responsibilities

• Create value across the portfolio of IT Services spend (~$250M).
• Build strategic relationships with internal stakeholders and suppliers.
• Support sourcing strategies for sustainable competitive advantage.
• Oversee supplier performance, spend tracking, and procurement processes.
• Collaborate with IT Vendor Management Office on supplier programs and contracts.
• Lead RFx events to drive competition and value realization.
• Negotiate strategic contracts for large-scale engagements with external partners.
• Influence stakeholders across a matrixed organization to adopt category strategies.
• Educate stakeholders on indirect supply management initiatives and policies.

Skills

Strategic sourcing

Vendor management

Stakeholder engagement

Cost optimization

Contract negotiations

Education

Bachelor's degree

Advanced degree preferred

Job description

Flexible Work Arrangement

Gurgaon, Haryana, India

Mumbai, Maharashtra, India

Full time

R68529

Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

A Day in the Life

As the Category Manager-IT Services you will:

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

Bachelor’s degree, any major; we’re 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

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package

A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.

Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people.

We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

We change lives. Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.

We build extraordinary solutions as one team. With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.

This life-changing career is yours to engineer. By bringing your ambitious ideas, unique perspective and contributions, you will…

• Build a better future, amplifying your impact on the causes that matter to you and the world

• Grow a career reflective of your passion and abilities

• Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning

These commitments set our team apart from the rest:

Experiences that put people first. Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.

Life-transforming technologies. No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.

Better outcomes for our world. Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.

Insight-driven care. Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

For sales reps and other patient facing field employees, going into a healthcare settingis considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .