Senior Principal Procurement Specialist

Medtronic; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Principal Procurement Specialist to drive procurement strategies in the healthcare sector. In this remote role, you will leverage your expertise to manage supplier relationships and implement innovative sourcing initiatives. You will collaborate with stakeholders to optimize operations and ensure supply chain efficiency. This position offers the chance to mentor procurement professionals and contribute to impactful healthcare solutions. Join a passionate team dedicated to making a difference in healthcare access and equity while enjoying a competitive salary and flexible benefits.

Benefits

Flexible Benefits Package

Competitive Salary

Career Development Opportunities

Qualifications

• Extensive experience in procurement, especially in healthcare.
• Strong knowledge of medical device sourcing strategies.

Responsibilities

• Develop and execute procurement strategies aligned with organizational objectives.
• Manage supplier relationships and ensure continuity of supply.

Skills

Procurement Strategies

Negotiation Skills

Stakeholder Management

Analytical Skills

Leadership Skills

Supply Chain Management

Education

Bachelor's Degree

Master's Degree in Business or Supply Chain

Tools

Procurement Technologies

Job description

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Integrated Health Solutions (IHS) team members are seasoned professionals with in-depth knowledge of the healthcare value chain, as well as breadth of experience across multiple disciplines. They partner with hospital management teams and payers to drive complex transformational change, implement innovative growth strategies, streamline patient-focused care pathways and optimize operations.

In this role as a Senior Principal Procurement Specialist, reporting to IHS Procurement and Supplier Management (PSM) EMEA lead, you will focus on the UK supporting the sourcing of medical products and services into the IHS Managed Cath Labs and Theatres, as well as managing the supplier base and dealing with operational issues that arise in the market. This is a remote role, but based in the UK, with the ability to work from home and a willingness to travel (15-20%), typically in the London area but could also include international travel.

Responsibilities may include the following and other duties may be assigned:

• Develop and execute comprehensive procurement strategies aligned with organizational objectives with suppliers of medical devices and equipment, including best-in-class procurement policies, procedures, and governance frameworks. Lead complex sourcing initiatives and negotiations independently and together with our client’s procurement team.
• Manage stakeholder requirements and ensure that needs are consistently met (e.g., on-time go-live of new accounts).
• Establish and monitor KPIs to measure procurement performance and value creation.
• Identify and mitigate supply chain risks through proactive supplier management, working closely with vendors, the IHS on-site team and our clients.
• Manage supplier relationships – ensuring continuity of supply for our IHS managed service accounts.
• Mentor and develop procurement professionals to build organizational capability.

Required Knowledge and Experience:

• Bachelor's degree required or master’s degree in business, Supply Chain or related field preferred.
• Extensive experience in procurement and previous senior procurement role in healthcare, ideally with NHS SC (National Health Service Supply Chain).
• Proven track record of delivering significant financial results through strategic sourcing. Strong knowledge of the medical device sector, including different sourcing strategies.
• Demonstrated success in building and managing high-performing teams.
• Expert knowledge of procurement best practices, methodologies and technologies. Strong analytical skills with the ability to translate spend data into actionable insights.
• Exceptional negotiation and stakeholder management skills.
• Strategic thinker with the ability to translate business needs into sourcing strategies. Professional certification such as CPSM (Certified Professional in Supply Management), MCIPS (Member of the Chartered Institute of Procurement and Supply) or equivalent strongly preferred. Exceptional leadership skills with an innovative problem solver orientation and strong communication skills.

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.

About Medtronic

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.

Learn more about our business, mission, and our commitment to diversity here.