Sourcing Manager

Job Description

Primary Function of Position:

Sourcing Manager will lead sourcing projects to help Intuitive Surgical procure the best services and products at the most competitive cost. The Sourcing Manager is accountable for managing and executing the sourcing strategy for various procurement categories. This individual will work closely with other business units to manage sourcing strategies that drive significant value and impact for Intuitive’s operations.

This person is responsible for leading strategic sourcing projects from start-to-finish, including process steps such as vendor research, category/market research, market index analysis, data analysis, baseline development, RFP development, bid management, negotiations, offer analysis and scenario development. This role is also involved in post-bid management, which includes activities such as contract management, spend analysis and vendor management. He/she manages multiple projects at the same time as well as support ad-hoc sourcing inquiries.

Collaboration with finance & business stakeholders are necessary to succeed in this role. Strong project management and communication skills are key in this role as this person is interacting with many employees, departments and suppliers to facilitate cross-functional Sourcing activities.

Roles and Responsibilities:

Drive Strategic Sourcing and RFP Process Execution

• Collaborate with spend portfolio owners to drive establishment and execution of renewals and maintenance program strategy
• Conduct detailed market and vendor research to communicate these findings through meaningful research summaries
• Develop and manage sourcing project timelines and lead meetings
• Develop RFPs and create complex bidding spreadsheets
• Manage RFP or sourcing process with minimal support, start-to-finish, for simple-to-medium complexity projects (to include market research, RFP development, and management of communications, manage stakeholder involvement, etc.)
• Evaluate vendor bid responses (quantitatively and qualitatively)
• Facilitate the development of award scenarios and recommendations for stakeholder evaluation, consideration and decision-making

Contract Negotiation, Development and Management

• Review contracts and spend to assess potential sourcing opportunities
• Meet with contract owners / Legal to follow-up on concerns relating to supplier contracts
• Provide guidance on contract term negotiations through collaborative approach with stakeholders
• Partner with legal team to negotiate best in class contract terms to minimize risk to the company

Ad-Hoc Analysis and Project Support

• Assist the Manager, Sourcing & Procurement in updating project roadmaps and cost savings tracking documents
• Able to develop and deliver presentations for internal stakeholder communications / updates, also review other team members’ deliverables